Fiat US debt-based currency will die well before a plug nickel of principal is EVER paid back.
All along, we’ve ONLY been paying back interest.
The debt is unsustainable because, due to fractional-reserve banking, by definition there would never be enough “money” to pay the debt back. Evah.
All by design!
.
Just WIPE the debt and be done with it.
You want to know what the US middle class will look like?
Look at what is coming across our southern border.
Sometimes, when the majority is so stupid, total collapse is the only teacher.
It has to happen.
There may be nothing left.
It’s like being a true Christian German during the WW2 years. Sad.
“Artificial currency creation is never neutral. It disproportionately benefits the first recipient of new currency, the government, and massively hurts the last recipients, real wages and deposit savings. It is a massive transfer of wealth from the productive economy and savers to the bureaucratic administration.
“The reason why government money creation is so dangerous is because the government is always happy to increase its power over citizens and blame them for the problems its policies create, presenting itself as the solution.”