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u.s. debt is larger then the entire u.s. economy
(thelemmy.club)
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this post was submitted on 01 May 2026
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The debt is intentionally created. It is all fake. When you tax the rich, you can easily pay all of the debt. Actually, if you want to pay the debt, you can do it right away, because all debt is in us dollars. You can print it. No problem. The problem is, we are believing all these stupid lies about economy. The debt is taken from a citizen already, most of it is taken from the rich, tax them and that is it, all the debt is paid!
If only there were some helpful historical examples of printing more money to pay off debt and seeing how that might play out
You can't print more money to pay off debt.