/biz/ - Business & Finance

debt doesn't matter.

Yes

>>14245527
Rules that aren't enforced, like having to pay your debts, aren't rules at all.

as long as America is Israel's pet the debt doesn't apply
once policy shifts away from being good goyim the economy tanks

>>14245527
Only if the USD loses it's reserve status. Which is occuring but slowly. So it's not a problem, for now.

>>14245527
debt is never a problem because of MMT, read a book bigot

Hard to say. MMT says debt isn't a problem as long as the rate of inflation is larger than the increase in debt and if someone keep purchasing the debt. The future will probably be negative interest rates and high inflation.

Unfunded liabilities are supposedly 200+ trillion.oh and boomers are retiring at 10k a day. The game was honked from the start anon

>>14245527
The debt is a symptom of increasing entitlements spending. Entitlements growth is what's choking the country out, especially since people are getting more out than they put in.

>>14245591
>>14245593
I was under the impression that most economists have rejected MMT

Anon, you see although debt to GDP is increasing the interest rates have been decreasing and so servicing the debt is becoming easier.

Besides the fed can always print more money which will cause inflation instead of default.

>>14246296
>can always inflate your way out of 23 trillion in debt
>not a problem for the economy
Thanks for the analysis faggot

>>14246296
>Besides we can always just continue kicking the can down the road and make the problem worse for our children

Day of the pillow soon, boomer.

>>14246334
Just buy deinflatory assets and ride the tiger.

Debt is a good thing, it's part of the American global hegemonic system

>>14245527
>a country paying its debt
you must be thinking of germany or something

>>14245527
The American economy is dipped in liquid Kevlar and bullet proof. The debt will never be addressed. We'll keep the music playing until the whole thing collapses. Then the politicians will blame previous generations that are dead, and we'll start over with a new monetary system. That new currency will still be the global reserve currency. Whatever the U.S. uses will always be the global reserve currency. The only way that changes is for there not to be a U.S.

However bad you think things might look right now for the U.S., we're looking way fucking better than anyone else. Food independent, energy independent, don't need to import or export. The rest of the world is facing a shit storm in the next 10 years. Especially if the U.S. tells them to fuck off.

>>14245527
Debt isn't the problem, it's the interest. If the interest becomes higher, this is when shit hits the fan really hard.

>>14246356
Woke

America's foreign economic policy right now is like the scene where Lando complains to Darth Vader that he changed the deal, and Vader tells him that indeed he did, and he might change it further. And every other country in the world has to accept that. And that power divide is about to get even greater than it is. America will be fine. Germany and China should be having trouble sleeping. They're fucked.

>>14246392
Kek'd

>>14245527
>Implying they wont just print more money forever

We can hit the reset button as long as we have the monopoly of power. It’ll be rough going for the poor, but it always is. I wouldn’t advocate for Mad Max levels of prepping, but if you can own your own home free and clear with some land around it and the ability to at least have some chickens and fruit trees, it wouldn’t be the worst idea. There could be a transition period between systems where shit grinds to a halt.

>>14246468
Damn im proud to be an american

America is never paying the debt lol. China can come over here and try to take it

>>14247760
If you think the us dollar is going to tank taking on a mortgage is the smartest thing you can do

>>14245527
Yes but the retard in the white house doesn't care and has already claimed that by the time the debt gets out of control, he won't be in office anymore
I'm not joking, Google this if you don't believe me

>>14245527
>we can't pay off our debt
Haha yes we can. Just PRINT MORE MONEY!!
Lel the central bank and other powerful figures store their power in fiat money. Gold and silver belongs to the people, which is why they are afraid of it but the bubble eventually bursts and the pendulum swings back to the people. Real prosperity can be achieved after the value of real money, not currency, is realized.
www.youtube.com/watch?v=HxSLtC62RG0

>>14246468
So will fiat just be the norm? I thought memecoiners were banking on a total dollar collpase.

>>14247797
China doesn't even own that much of the debt, most of it is owned by wealthy people who rely on America's military to keep their privileged position.

As long as the USA is the premiere military power on earth, deficits and debt will never matter.

I got an idea.
How about /biz/ pools enough money and we buy 50% of the debt? Then we'll have a steady income until America ceases to exist.

no we have guns people cant make us pay anything back unless we want to

>>14248041
t-bills already exist my dude

one might argue that violence is the very thing backing the dollar and capitalism as a whole

Yes once other countries don't want to provide loans and are willing to stop selling goods to usa. Then it's the end of America

Boomer pensions are literally going to destroy the global economy.

>post yfw

>>14248072
this, threat of intervention/revokation of security is the only thing that keeps the USD as the fundamental currency of the world. We're literally pointing guns at people and shoving it down their throats. If our bullying tactics were to be lessened and not replaced by higher global authority, chaos would ensue and the house of cards would collapse.

>>14245593

>>14245527
>in the future
Niggaaa. Just look outside.

Homeless EVERYFUCKING WHERE.

>>14248465
San Francisco?

>>14248122

>>14245527
>Doesn't understand it can't be paid off by design!
Money is debt, How can you 'pay' a debt with debt?
You can't!
You can never pay, the only option is go further into debt. Check out 'The Grace Commission'

OP, Those 'Bills' that you think are laws...they are bills, i.e. ways of raising extra funds.

The Burgers never paid the debt for the revolutionary war, The 'Constitution' is a doc that transfers the debt to the American people, Look up what a Constitutor is! You don't need a piece of paper to tell you unalienable rights!

The (((CREDITORS))) have owned Burgerland since its inception in 1776!

Burgers don't understand Burger history!
I'm starting a collection for Burger tears BTW.

>>14249572
Based schizo anon

>>14249782
Based based anon

>>14245710
>increasing entitlements spending
BWAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA*gasp*HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

When our economy finally collapses I hope you people wind up having to cook and eat your own children.

>>14247939
No because eventually we will go into hyperinflation. We either hyperinflate or default. Neither are very good but at least if we default the pain will end a lot sooner

>>14249782
Yea, I know, you're too dumb to understand. What you got taught in school about history was lies!

I will happily explain, If you don't understand & want to learn. Otherwise I won't waste my time.

>>14249931
The only "people" cooking and eating their children will be the "people" dependent on EBT.

>>14249957
Okay

>>14248041
Great idea. I'm sure there are at least 13,000,000 billionaires on this board who would be down.

>>14250134
>Money is debt, How can you 'pay' a debt with debt?
>You can't!
>You can never pay, the only option is go further into debt. Check out 'The Grace Commission'
Hope you are not arguing with this

>OP, Those 'Bills' that you think are laws...they are bills, i.e. ways of raising extra funds.
Those ‘Bills’ have fines attached…these fines pay the interest on the national debt. Hope you have an understanding of ‘The Grace Commission’

>The Burgers never paid the debt for the revolutionary war, The 'Constitution' is a doc that transfers the debt to the American people, Look up what a Constitutor is! You don't need a piece of paper to tell you unalienable rights!
Before we go down this path, history is written by the victors…i.e this is hidden info (hence your unbased schizo comment)
Creditors are the rulers of world, This is difficult to explain in a post, So I will explain in around about way. If you don’t pay a loan property is seized.Seizure is a hostile action by definition.
Have a look at a legal dictionary – the Definition of a Constitutor is someone that agrees to take the debt of another! During the war a debt was built up to France, but evidence would show that France no longer held the debt. The War of 1812 is a big tell of who the creditor of Burgerland is. If you take the time to look up the ORGINAL 13th amendment (the one forbidding titles of nobility), the amendment was ratified, but the British destroyed the evidence. Titles of nobility are Esquire (what Burger solicitors are receive upon passing the BAR (British Accreted Regency).
I will let you do some research on that before I continue, As it is integral & I don’t want to waste my time if you’re not actually interested.

>>14250522
Continue liberty bro.

>>14250522
this shit is interesting but im too lazy to research just spill the bean faggot.