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

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musicalphysics@discuss.online ⁨6⁩ ⁨days⁩ ago

Fedi is social media. Not an official repository of knowledge whereupon I have to provide only the most accurate of statements. Presuming I’m stupid because you don’t like a comment is not justified. If it was, then I could insult you for claiming that expanding the money supply doesn’t cause inflation. Or claiming the government has no role over the money supply. What do you think happens when the US lowers reserve limits for banks? That is rhetorical. Not an invitation for further discussion.

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