Bullshit! Government debt doesn't exist except as a ledger entry. They talk about debt because debt exists for us serfs/deplorables, not so much for government. They simply create more currency. Effectively, this is a massive tax.
If you're interested, I have
Bullshit! Government debt doesn't exist except as a ledger entry. They talk about debt because debt exists for us serfs/deplorables, not so much for government. They simply create more currency. Effectively, this is a massive tax.
If you're interested, I have [a detailed explanation of my thinking.](https://poal.co/s/Finance/486736)
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