The government can issue all the bonds it wants, as long as there are buyers, the American taxpayers will pick up the tab.
If taxpayers figure it out, it's game over.
Yes, but don't forget, around 30%, or $8 trillion, of U.S. government debt is held by foreign nations. And if they start seeing this debt as too burdensome and/or begin distancing themselves from the dollar, well that's game over too.
https://www.crisisinvesting.com/p/a-us-debt-crisis-is-looming-and-most
True, but then the Fed monitizes the debt by buying all the bonds. That triggers inflation and the currency eventually drops to zero.
Got gold?
Thankfully, yes. He he.
I wanted to let you know that there is a spam account commenting and impersonating you.
Yes, I saw. Been deleting and blocking them. Thanks, Moody.
undefined subscriptions will be displayed on your profile (edit)
Skip for now
For your security, we need to re-authenticate you.
Click the link we sent to , or click here to sign in.
The government can issue all the bonds it wants, as long as there are buyers, the American taxpayers will pick up the tab.
If taxpayers figure it out, it's game over.
Yes, but don't forget, around 30%, or $8 trillion, of U.S. government debt is held by foreign nations. And if they start seeing this debt as too burdensome and/or begin distancing themselves from the dollar, well that's game over too.
https://www.crisisinvesting.com/p/a-us-debt-crisis-is-looming-and-most
True, but then the Fed monitizes the debt by buying all the bonds. That triggers inflation and the currency eventually drops to zero.
Got gold?
Thankfully, yes. He he.
I wanted to let you know that there is a spam account commenting and impersonating you.
Yes, I saw. Been deleting and blocking them. Thanks, Moody.