The debt of the nations are the assets and income of the rich. They don’t want that to disappear. Not until they de-invested at least.
Comment on It will trickle down any second now
Digit@lemmy.wtf 2 weeks ago
It will trickle down any second now
No, no. A little while yet.
They’ve got to get enough to cover
first. THEN it’ll trickle down. For super super sure.
Trust them. Maybe they care.
WanderingThoughts@europe.pub 2 weeks ago
rayyy@lemmy.world 2 weeks ago
The economy is set to take off any time now Charlie Brown.
UnderpantsWeevil@lemmy.world 2 weeks ago
Brother, those are treasuries. Nobody is trying to “pay back all the treasuries” except a dozen or so crank libertarianism obsessed with Free Banking.
We’ve never missed a treasury payment in large part because we can’t miss a payment (unwillingly) when we print our own money.
Anyone who claims we can’t pay back the National Debt is either ignorant or lying
Digit@lemmy.wtf 2 weeks ago
That was intended whimsically.
But also,
The FED’s federal in name only.