Thread 509365903

Convince me the national debt matters.

>>509365903 (OP)
They're going to have to print a lot of money to service the interest on the debt and that'll lead to hyperinflation.

>>509366047
What if we just don't pay it?

>>509365903 (OP)
It matters a whole lot when you’re looking for an excuse to cut a program you don’t like. The dems cite it when they want to cut law enforcement funding, the reps cite it when they want to cut healthcare. Weirdly they never actually lower the debt.

it, like iq, is not real.

>>509366116
That's what I advocate, and that we go on a silver standard. All exchange and taxes paid in government minted US .999 silver. Turn in your .999 silver to have it freely minted into the gov mint stuff, with a fee of course of say, 15% of the metal.
Create a real silver based global exchange based on that.
It is the people's money.

>>509365903 (OP)
The interest on it comes out of your pocket and is handed directly to jews.

It's been going up for fifty years. Every election cycle they tell us it is a bad thing.
I personally believe it means nothing.

>>509365903 (OP)
it matters in so much as it will be used as justification to start a ground war, just like when saddam invaded kuwait

>>509365903 (OP)
Eventually other countries won't buy US treasuries or accept US currency in exchange for their goods.
Back in the late 70's the US Treasury had to issue bonds in West German Marks and Swiss Francs to prop up the dollar.
These were known as Carter Bonds after the president at the time.

It doesn't matter and shouldn't be paid but it's a direct wealth transfer to kikes so it will continue

>>509365903 (OP)
It's the amount of money the government owes to the citizens. It represents how much they've already taken from them.

>>509365903 (OP)
Gold standard vs no debt standard.

Who had the better standard of living?

>>509366774
you need to make it impossible for them to legal it away again like they did to gold.

Gold backed money vs debt backed fiat.

Who had the better standard of living?

>>509365903 (OP)
is that mr krabs first dime?

>>509368390
It's a rei stone, basically a coin from the island of Yap.

>>509365903 (OP)
It will lead to hyper inflation

>>509365903 (OP)
https://www.youtube.com/watch?v=MPynPElw_mg

>>509365903 (OP)
It matters for every other nation apart from USA.

>>509369546
This is why.
https://www.youtube.com/watch?v=_blj8zKdKgA

>>509365903 (OP)
Are you happy with your current level of taxation?