The US National debt is permanent. You know it, the #minniapolisFED knows it with their recent #bitcoin paper, and even AI knows it 👇🏻

Time to wash your hands of the whole #fiat mess and #optout and opt-in to #bitcoin

%%👇🏻AI Response to a query about paying off the US National debt👇🏻%%

I'll modify the analysis to work within current tax rates and revenue structures, which means a longer paydown period and different allocation scenarios.​​​​​​​​​​​​​​​​

Key Findings:

1. With Current Deficit Growth (4%):

- The debt CANNOT be paid off under current tax rates and revenue structures

- This is because the 4% deficit growth rate exceeds the combination of:

* Current tax revenue capacity

* Productivity growth (1.1%)

* Population growth (0.5%)

- The debt continues to grow faster than our capacity to pay it down

2. If Deficit Spending Stopped Completely:

- Minimum paydown period: ~215 years

- Current workforce contribution: ~116 hours per worker per year

- Breakdown of annual payment (~$920 billion):

* Initially: ~80% goes to interest (~$736 billion)

* Initially: ~20% goes to principal (~$184 billion)

- This ratio improves over time as principal is paid down

3. Critical Constraints:

- Current federal tax revenue ≈ $4.6 trillion

- Available for debt service (20%) ≈ $920 billion

- Current interest payments ≈ $736 billion

- Leaving only ≈ $184 billion for principal reduction

Key Implications:

1. Under current tax rates, the debt can only be paid off if:

- Deficit spending stops completely

- Current debt service allocation is maintained for over 200 years

- No major economic disruptions occur

2. With continued deficit spending, the debt becomes mathematically impossible to pay off under current tax rates

3. The high inflation rate (7.3%) helps reduce the real burden, but not enough to overcome the deficit growth rate