Topic: US debt interest payments
Anonymous A started this discussion 1 month ago #131,389
Apparently this is something to worry about. It's getting too high. The US might decide to inflate away the debt. Apparently it's got no ability to pay back the debt.
Anonymous B joined in and replied with this 1 month ago, 14 minutes later[^] [v] #1,405,796
If the government can inflate it away, it doesn't sound like there's anything to worry about.
Anonymous A (OP) replied with this 1 month ago, 8 minutes later, 22 minutes after the original post[^] [v] #1,405,797
Anonymous B replied with this 1 month ago, 38 minutes later, 1 hour after the original post[^] [v] #1,405,798
Anonymous C joined in and replied with this 1 month ago, 4 minutes later, 1 hour after the original post[^] [v] #1,405,799
I'm well aware, I have inflation protected bonds and they did quite well for conservative bond (no junk bonds) funds this year.
Ebolalalala joined in and replied with this 1 month ago, 2 hours later, 4 hours after the original post[^] [v] #1,405,821
Not my problem.
Ebolalalala double-posted this 1 month ago, 22 seconds later, 4 hours after the original post[^] [v] #1,405,822
@1,405,796 (B)
> If the government can inflate it away, it doesn't sound like there's anything to worry about.
Money printer go brrr
> If the government can inflate it away, it doesn't sound like there's anything to worry about.
Money printer go brrr
boof joined in and replied with this 1 month ago, 17 minutes later, 4 hours after the original post[^] [v] #1,405,836
it can be executive ordered away. poof, it's gone, and no one is permitted to argue
Anonymous D replied with this 1 month ago, 4 minutes later, 4 hours after the original post[^] [v] #1,405,839
Anonymous D double-posted this 1 month ago, 8 minutes later, 4 hours after the original post[^] [v] #1,405,841
…if Japan made better decisions 80 years ago they’d have so many fewer problems geopolitically. Must feel bad.
boof replied with this 1 month ago, 13 minutes later, 4 hours after the original post[^] [v] #1,405,843
Anonymous F joined in and replied with this 1 month ago, 23 minutes later, 5 hours after the original post[^] [v] #1,405,846
According to Treasury data, in the nine weeks since, it has spent $104 billion in interest on its $38 trillion borrowing burden. That's more than $11 billion a week, and already represents 15% of federal spending in the current fiscal year.Anonymous G joined in and replied with this 1 month ago, 25 minutes later, 5 hours after the original post[^] [v] #1,405,848
Anonymous B replied with this 1 month ago, 41 minutes later, 6 hours after the original post[^] [v] #1,405,855
@1,405,846 (F)
So Trump was right, we do need to lower rates. That would reduce the real value of the debt burden.
So Trump was right, we do need to lower rates. That would reduce the real value of the debt burden.
The Nude Kirk joined in and replied with this 1 month ago, 1 hour later, 7 hours after the original post[^] [v] #1,405,869
We need to reset the economy.
Anonymous I joined in and replied with this 1 month ago, 3 hours later, 11 hours after the original post[^] [v] #1,405,912
@previous (The Nude Kirk)
I like it, but giving the megayachts and private jets to the trailer park or section 8 will just create another group of terrible people with money. We'd have to get serious and feed, clothe and house everyone for real as the priority. Count me in if we do.
I like it, but giving the megayachts and private jets to the trailer park or section 8 will just create another group of terrible people with money. We'd have to get serious and feed, clothe and house everyone for real as the priority. Count me in if we do.
Anonymous J joined in and replied with this 1 month ago, 1 day later, 1 day after the original post[^] [v] #1,405,991
@previous (I)
> I like it, but giving the megayachts and private jets to the trailer park or section 8 will just create another group of terrible people with money. We'd have to get serious and feed, clothe and house everyone for real as the priority. Count me in if we do.
Fat chance. We continue our march of folly. $130 billion-$140 billion to “rebuild” Afghanistan. Imagine what the money could have done to infrastructure. The U.S. has one of the most enviable inland waterway systems in the world and it could transform freight hauling. Instead we waste the money on corrupt “smother the problem” nonsense.
> I like it, but giving the megayachts and private jets to the trailer park or section 8 will just create another group of terrible people with money. We'd have to get serious and feed, clothe and house everyone for real as the priority. Count me in if we do.
Fat chance. We continue our march of folly. $130 billion-$140 billion to “rebuild” Afghanistan. Imagine what the money could have done to infrastructure. The U.S. has one of the most enviable inland waterway systems in the world and it could transform freight hauling. Instead we waste the money on corrupt “smother the problem” nonsense.
Anonymous K joined in and replied with this 1 month ago, 5 hours later, 1 day after the original post[^] [v] #1,406,035
Anonymous K double-posted this 1 month ago, 17 seconds later, 1 day after the original post[^] [v] #1,406,036
And Nigeria, or Canada, or Mexico, or the EU apparently.