monica_b1998@lemmy.world to World News@lemmy.worldEnglish · 2 days agoThe U.S. borrowed $50 billion a week for the past five monthsfortune.comexternal-linkmessage-square129fedilinkarrow-up1737arrow-down16
arrow-up1731arrow-down1external-linkThe U.S. borrowed $50 billion a week for the past five monthsfortune.commonica_b1998@lemmy.world to World News@lemmy.worldEnglish · 2 days agomessage-square129fedilink
minus-squaretechnocrit@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up3·edit-21 day agoIt’s not really “debt” when the “debtor” prints the money.
minus-squareMonkderVierte@lemmy.ziplinkfedilinkEnglisharrow-up3·edit-21 day agoStill consuming the countries future.
minus-squareKazumara@discuss.tchncs.delinkfedilinkEnglisharrow-up1·edit-21 day agoIt is really debt when it stays on the books and the debtor has to pay interest, and servicing all that debt consumes 15% of the budget.
It’s not really “debt” when the “debtor” prints the money.
Still consuming the countries future.
It is really debt when it stays on the books and the debtor has to pay interest, and servicing all that debt consumes 15% of the budget.