[Fai Mao]

I think after this the US will have to write off some debt.

But, I understand why PDJT is doing what he’s doing

[rlbedfor]

Deduct it from our China loans....

[rktman]

Will that work for me? 😀😷💸📴

[LouieFisk]

“I think after this the US will have to write off some debt.”
—
I expect before this is all over that the US will have fully embraced “Modern Monetary Theory” as operative national policy.

[Zhang Fei]

[I think after this the US will have to write off some debt.]

---

The classic way of paying for things like this is inflation. No special measures needed. Basically the same thing that’s been happening since the founding of the Republic (and of every regime, past, present and undoubtedly future in the existence of mankind). As long as the fiscal measures are moderate, the only effect we’ll see is a slight bump in prices going forward on top of the usual increase.

If Charlotte Bronte is to be regarded as an authority on the prevailing wages of her era, there was a time when £20 was a respectable annual income for a governess who was provided room and board. Today, £20 is less than 3 hours of the British minimum wage. The difference is just under 200 years of inflation.

[Harpotoo]

Here is the 1st part we TAKE from the Mass Murderers!!! he U.S. debt to China was $1.08 trillion in May 2020.