Wonder what kind of society we could have if the budget for the military industry complex was put into educational fund for the benefit of all humanity.
Discussion
Imagine if they didn't have to spend a trillion a year just paying the interest on the debt
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No joke my Fren this just makes me sick… there is no good way out of this debt!! #Bitcoin standard lifestyle been fun watching there purchasing power go down the drain..
There's literally no way out. They have only 2 options: default and reprice the debt, or inflate away the value of the debt with more money printing. They'll go with option 2 because option 1 would be immediately devastating to everyone and the political party that did that would be no more very quickly. The debt is owed to everyone who holds Treasury bonds, which is nearly everyone. 401ks and pension funds are heavily exposed so to default would vaporize everyone's pensions which would mean a lot of really angry voters.
Option 1 sounds sounds inevitable when option 2 becomes to much which we are quickly coming to.. i feel bad for those under the category of option 1 but honestly isn’t it there fault we’re at this point. Either way it’s interesting to watch to see what route they end up taking
If the same people were in charge of that education, we would end up exactly where we started, if not worse.
