3 ms·
> By 2028 the loan payments we make on all that debt/money we printed will only cover the interest, no longer the principal Based on what? What is the "loan pa
by roflyear 3y ago
> By 2028 the loan payments we make on all that debt/money we printed will only cover the interest, no longer the principal
Based on what? What is the "loan payments" here? Are you saying the US budget will be 100% dedicated to servicing the debt by 2028? This is certainly false, the cost to service debt will not go up ~10x in the next five years.