Replying to Avatar walker

My 9 month old son looked me straight in the eyes today and said “dad, if the government never plans to pay the $35.4 trillion federal debt and keeps adding more, then the debt means nothing, right? But our entire monetary system is based on debt… so does that mean the fiat monetary system is based on nothing?”

What should I tell him?

Avatar
R 1y ago

Say nothing. Let him ponder his own thoughts, it’s important. They usually grow out of this world problem phase by 13 months.

Reply to this note

Please Login to reply.

Discussion

No replies yet.