Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Jim Robinson

Hey, JimRob, nice to hear from you. I have heard our current debt is more than $100,000 for every man, woman, and child in this country.

I just don’t know how that gets paid back. I just don’t know. You may be right, but I do wonder about the ramifications of that, because as Milton Friedman famously said, “All debts get paid”.


5 posted on 07/02/2024 8:45:51 PM PDT by rlmorel (In Today's Democrat America, The $5 Dollar Bill is the New $1 Dollar Bill.)
[ Post Reply | Private Reply | To 3 | View Replies ]


To: rlmorel

More like 200k per person if you include only people who have filed a tax return of any kind.

And that doesn’t include unfunded liabilities. And it goes up by 6000 bucks every hundred days now.


14 posted on 07/02/2024 8:53:31 PM PDT by DesertRhino (2016 Star Wars, 2020 The Empire Strikes Back, 2024... RETURN OF THE JEDI. )
[ Post Reply | Private Reply | To 5 | View Replies ]

To: rlmorel

Yuge Inflation is the only mathematical/political cure.


20 posted on 07/02/2024 9:21:19 PM PDT by Paladin2
[ Post Reply | Private Reply | To 5 | View Replies ]

To: rlmorel
...but I do wonder about the ramifications of that [global default]
Would usher in the Great Reset asap.
31 posted on 07/02/2024 10:52:00 PM PDT by citizen (Put all LBQTwhatever programming on a new subscription service: PERV-TV)
[ Post Reply | Private Reply | To 5 | View Replies ]

To: rlmorel

It might be a plan: collapse the world with debt, then put socialism in its place.


45 posted on 07/03/2024 4:43:40 AM PDT by Tolerance Sucks Rocks (FBI out of Florida!)
[ Post Reply | Private Reply | To 5 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson