Comment on How was the US national debt created? Does the US have problem paying it's bills? Who are we in debt to?

<- View Parent
CrimeIsLegalNow@ani.social ⁨1⁩ ⁨week⁩ ago

The reliable way in this case is printing money.

Debt can be useful, if you do useful things with it, things like building infrastructure, winning a necessary war, even student loans or for that matter free tuition and healthcare in general.

Debt taken on to extend your other debts coming due because you’re perpetually stuck in a negative income loop due to your poor national budget policies?

No. That is not useful debt.

source
Sort:hotnewtop