[2ndDivisionVet]

So after $20 TRILLION in deficits, deficits are bad? How transparent they are!

[Signalman]

So after $20 TRILLION in deficits, deficits are bad? How transparent they are! You're referring to the national debt, not the deficit. They're not the same.

[ClearCase_guy]

As I recall from Nancy Pelosi, George W Bush gave us the worst economy since Hoover. Bush, in 2006 or so, had something like $160B deficit. Can you imagine?? That’s huge!! It boggles the mind!! It crippled our economy and put us in a deep hole — but, fortunately, Obama became president in 2008 and managed to dig us out of that hole by giving us $1T deficits for a number of years. A smart move on the whole, and the only way to recover from Bush’s overspending.

And now, with $20T in debt, and the US looking awesome, we totally blow it by putting Trump in the White House and he comes along with his 3.3% annual economic growth. OMG! We’re all gonna die!

[Garth Tater]

“It’s taking unsustainable increases in credit to drive us to that point."

It's all part of the plan. Each Federal Reserve note issued is a debt owed. When that note is paid back it has to be paid back with interest. That interest payment is removed from the economy and given to the holder of the note - and that leaves less  money  currency circulating in the economy.

So, pretty much by design, an ever increasing amount of  currency  debt issuance is required just to stay even.

And the fun part is that because the interest attached to the debt is paid back in more debt the two are exponentially related - and as long as that attached interest is a positive value the interest payments (not the interest rate) will necessarily grow exponentially.

Larry knows all this. He is just a mouthpiece for the lies we're being told by the money lenders and our own govt.