monica_b1998@lemmy.world to World News@lemmy.worldEnglish · 2 months agoThe U.S. borrowed $50 billion a week for the past five monthsfortune.comexternal-linkmessage-square187linkfedilinkarrow-up1840cross-posted to: [email protected]
arrow-up1840external-linkThe U.S. borrowed $50 billion a week for the past five monthsfortune.commonica_b1998@lemmy.world to World News@lemmy.worldEnglish · 2 months agomessage-square187linkfedilinkcross-posted to: [email protected]
minus-squaretechnocrit@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up3·edit-22 months agoIt’s not really “debt” when the “debtor” prints the money.
minus-squareMonkderVierte@lemmy.ziplinkfedilinkEnglisharrow-up3·edit-22 months agoStill consuming the countries future.
minus-squareKazumara@discuss.tchncs.delinkfedilinkEnglisharrow-up1·edit-22 months 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.