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To: HYPOCRACY
It may end up destroying "savings and quality of life" that we couldn't afford in the first place.

I've long suspected that this is the real reason why there is such a unified push for open borders in government and industry in the U.S. We need a massive influx of people whose expectations for their standard of living are so low that they won't mind paying off the $30+ trillion of debt that has accumulated before they arrived here.

Something else to consider here is that even with rising interest rates, the yield on a 1-year Treasury bill is still less than half of the reported rate of inflation in the U.S. Someone is taking a bath on this, and it isn't the U.S. taxpayer.

20 posted on 09/26/2022 7:13:40 PM PDT by Alberta's Child ("It's midnight in Manhattan. This is no time to get cute; it's a mad dog's promenade.")
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To: Alberta's Child

Look to the bondholders. The reserve currency is a license to steal.

Also, as you point out, these pigs are saddling the unborn with trillions of $ of debt. They should be under no obligation to pay it. And they won’t.


23 posted on 09/26/2022 7:18:03 PM PDT by HYPOCRACY (This is the dystopian future we've been waiting for!)
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