The US national debt grew by 3.2% in 34 days after the debt ceiling was suspended last month. Pretty insane month-on-month growth rate.
Discussion
Cantillionaires be like:
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"Certainly, also, neither the whole people of the United States, nor any number of them, ever, by any open, written, or other authentic and voluntary contract, united themselves as a firm, corporation, or association, by the name of “the United States,” or “the people of the United States,” and authorized their agents to contract debts in their name."
Lysander Spooner, No Treason
Blew my mind when I saw that data point a couple weeks ago…..the train can’t be stopped.
Accelerate, I guess.
Gradually then suddenly
Wait until the next “crisis”.
The debt is going up forever, Marty
It will continue to grow exponentially…
That the issue with a debt-based system where interest has to be paid on the interest.
The sugar rush of liquidity, followed by the devastating reality of uncontrolled inflation.
It's a plunder time for them - no ceiling. Most of the population is already financially utterly broken, and they are pillaging in full steam. It's disgusting and utterly criminal by now.