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The US government just spent over half a trillion dollars in interest payments on its national debt in a mere seven months.

https://dailyhodl.com/2024/05/26/us-government-pays-514000000000-in-interest-on-national-debt-in-seven-months-surpassing-defense-and-medicare-costs-report/amp/

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ryanjordan 1y ago

Good thing they can print, because I’m not sure how they would either create value or steal that amount of money to make that payment.

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