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959

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[–] • 5 pts

(((they))) owe the debt to (((they))) so...nothing.

[–] • 3 pts (edited )

What comes after a trillion? a quadrillion? I wonder how large they'll let it grow and what repercussions would come from crashing the fed...

[–] • 5 pts

When it's just a number on a piece of paper and not a real obligation, then the zeroes will continue ad infinitum.

[–] • 5 pts

Hey! You owe me 6 gazillion internet points.

[–] • 4 pts

And what? ...they'll just slowly keep increasing our tax burden until we're all essentially slaves? I think we're there.

[–] • 5 pts

I'd like to see the Red State stop paying the federal government and keep the tax dollars in state and fund their state to the fullest. If you had 30 some states withholding their tax dollars you'd starve the federal government out pretty quickly, you'd think. I'd like to see how that would play out. Or the states start printing their own currency and freezing out the feds all together.

[–] • 6 pts

A few states (3 I know of) have printed their own currency in the form of goldbacks. They look like a golden ticket/slip. They are made of gold and have the denominations printed on them as to the weight of the gold . 1/10000, 1/1000, 1/100 of one troy ounce. (I believe those are the common weights, could be mistaken, been a few years since I've seen any.)

Look them up, they're interesting little things. Utah, Nevada, are two of them, iirc .

[–] • 5 pts

I'm aware of the goldbacks, I have a few from Navada. I got them a year or so ago when I was passing threw. They look good. I don't know how useful they would be out of state but they are gold backed and should retain their value.

[–] • 3 pts

What happens to a $10 goldback if the price of gold doubles?

[–] • 3 pts

I don't know how useful they would be out of state...

Never 'spend them for face value.' Gold's value (and all other precious and semi precious metals) is constantly changing. If you were interested in getting the money back out of them, sell them privately. If you were to use the smallest one, I believe it's face value is at a dollar, it's worth around 8 or more dollars, now. (You probably knew, but maybe someone that didn't will read that.)

[–] • 3 pts

I never got into those, even when they were I think free. You can't really extract the gold or even verify it's gold. It's basically just an expensive ornate bill, a numismatic novelty (IMO).

[–] • 1 pt

You can always go to the goldbacks website and look up current conversion rates

[–] • 4 pts

The mask would drop and feds would start executing governors on TV to make a point

Texas has cock teased about secession for so long now there isn't anything to conserve

[–] • 3 pts

Hmm, you’re talking about finances as if money is a fixed commodity. The govt prints whatever fiat money it needs. It doesn’t need your taxes, fiat money is like Monopoly money, fake. They don’t need your tax money, they also don’t need “loans” from China. They tax you to make you miserable and think the money is real.

[–] • 3 pts

Print more and start a war to keep the illusion alive that taxes mean anything.

Our government isn't funded by tax money..

But the answer is war.

[–] • 3 pts

The bankers probably think they will start taking land as payment. But then they would be remninded that the debt is owed to the American people so taking from whom the debt is owed will not work.

[–] • 2 pts

A jubilee is the only viable option.

[–] • 2 pts

If you're $35 trillion in debt, what can "they" do if you stop paying?

Write a sternly worded letter to demand payment.

[–] • 2 pts

Try to deploy feds to collect, it’s why they armed the IRS, but we have a civil duty to defend.

[–] • 2 pts

They can stop lending to you. You then can no longer fund gibs. Your urban scholars riot, burn down your capitols, and loot the wreckage of the United States of Zimbabwe.

Just the way the plebes urbana couldn't be cut off without collapsing the Western Roman Empire.