• Digit@lemmy.wtfEnglish
    15·
    3 months ago

    It will trickle down any second now

    No, no. A little while yet.

    They’ve got to get enough to cover

    https://www.usdebtclock.org/

    first. THEN it’ll trickle down. For super super sure.

    Trust them. Maybe they care.

    • UnderpantsWeevil@lemmy.worldEnglish
      3·
      3 months ago

      They’ve got to get enough to cover

      Brother, those are treasuries. Nobody is trying to “pay back all the treasuries” except a dozen or so crank libertarianism obsessed with Free Banking.

      We’ve never missed a treasury payment in large part because we can’t miss a payment (unwillingly) when we print our own money.

      Anyone who claims we can’t pay back the National Debt is either ignorant or lying

      • Digit@lemmy.wtfEnglish
        3·
        3 months ago

        That was intended whimsically.

        But also,

        The FED’s federal in name only.

    • WanderingThoughts@europe.pub
      2·
      3 months ago

      The debt of the nations are the assets and income of the rich. They don’t want that to disappear. Not until they de-invested at least.