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To: C210N

You are wrong again. I guess you are not involved in buying US bonds. Every bond is paid back with interest and principle. The Treasury just issues new bonds to pay maturing bonds.

Sooner or later US national debt will grow to a level at which bond buyers will demand much higher interest or not buy bonds at all. That has happened already in dozens of countries.


24 posted on 01/28/2023 9:52:07 AM PST by entropy12 (Food is most popular anxiety drug, exercise is the least popular.)
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To: entropy12
Every bond is paid back with interest and principle. The Treasury just issues new bonds to pay maturing bonds.

Exactly what I've been saying - perhaps we are in violent agreement. Paying a bond's principle back with a new bond is just replacing a debt with another debt.

25 posted on 01/28/2023 9:58:05 AM PST by C210N (Everything will be okay in the end. If it’s not okay, it’s not the end.)
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