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This is insane. The gov just keeps borrowing, raising the debt ceiling time after time, then keep devaluing the currency while they pay off just the interest. What happens when GDP falls lower than the interest rate? The modern monetary system is a giant ponzi.
Great article!
Read about MMT, the national debt doesn’t matter
Good joke.
This is insane. The gov just keeps borrowing, raising the debt ceiling time after time, then keep devaluing the currency while they pay off just the interest. What happens when GDP falls lower than the interest rate? The modern monetary system is a giant ponzi.
Silver and Gold...
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