Replying to Avatar Matteo Pellegrini

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
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The Daniel 🖖 2mo ago 💬 1

Not only that, but there would still be debt even after all the circulating money supply was spent.

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Chris Liss 2mo ago

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.