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To: MtnClimber
The World Atlas says that all the money in the world equals $37.8 trillion. Our debt now equals all the money in the world?

If our debt was only 38 trillion…it could possibly be reduced through fiscal responsibility. The debt number we can never touch is the 300 Trillion in underfunded liabilities (SS, Medicare, Medicaid, pensions, Welfare, etc.). Why do you think we keep openly funding 400+ bioweapon labs? Vaccines? Water treatment? Bioengineered food?
35 posted on 08/25/2024 8:20:02 AM PDT by Jan_Sobieski (Sanctification)
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To: Jan_Sobieski

If our debt was only 38 trillion…it could possibly be reduced through fiscal responsibility.
——————
No. The debt is mathematically impossible to pay off, period. History shows us this:( all 4200 paper currencies in history went through these phases).

1) Unpayable debt- check
2) Huge inflation- in progress
3) Currency crisis
4) Default.

Note: anyone of these can occur before another. But they all end in Default.

Fact: the Fed is stuck, they must keep interest rates high to lower inflation OR lower interest rates to help the economy. Lowering interest rates will allow inflation to rise….the end game is nearing.


51 posted on 08/25/2024 10:53:29 AM PDT by delta7
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