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Replying to Avatar Guy Swann

You know something funny? Remember all the controversy about the US Treasury minting a $1 Trillion coin?

Well now the situation is so bad, that if they did that, it would have virtually no effect 🤣. It would “fund” the deficit for like 3 months and then they’d have to do it again.

The people who think the govt is the solution to anything baffle me.

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Nour 2y ago

They have to at least print $1T/year to service the $33T debt

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Autumn Sun ☀️🌘☯️ 2y ago

Make that around 5x in the next two years; there's a lot of TSY paper coming due in 2024 and 2025.

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