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Random factoid:

For most businesses and--especially--governments, #debt isn't paid off, it is rolled forward.

Paying off debt is counterproductive and actually injurious to a credit-based, Keynesian economic system.

It is not the goal, and it never has been... despite the rhetoric.

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As an aside, things will function very differently once #Bitcoin inevitably becomes the global reserve asset and global reserve currency over the coming decades.

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Sliver 11mo ago

Civilization is based on savings. The future will be more civilized.

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