the most mind-blowing fact about the fiat world is this:
if all debt was repaid there would be no money left in circulation
every time i explain this to somebody they always look me sideways and i can see their brain breaks in real time as they realize is true
easiest way to orange pill somebody
Not only that, but there would still be debt even after all the circulating money supply was spent.
I think it's that despite paying ~50 percent in income taxes in many states, despite sales tax, estate tax, property tax and capital gains, and despite the insane inflation of the money supply, we are STILL $38T in debt.
There is not enough money to repay the debt actually haha it’s worse
