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Replying to Avatar TBH

This pace is literally the death spiral. $1 trillion every 2 months = $6 trillion per year. Our budget is $6 trillion per year. That means our entire budget is deficit funded. (Roughly). nothing stops this train nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a

nostr:nevent1qqspfkvn9v0vyjw2cz0lk5fy73m24dqcvlqlfh3yxyj5vqg2st3vj6c3z637u

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06f63311... 2mo ago 💬 2

https://simplex.chat/contact#/?v=2-7&smp=smp%3A%2F%2Fh--vW7ZSkXPeOUpfxlFGgauQmXNFOzGoizak7Ult7cw%3D%40smp15.simplex.im%2FHZo7ug0JbtAWd1r2rnkX0zoOkyu368QN%23%2F%3Fv%3D1-4%26dh%3DMCowBQYDK2VuAyEAHy3k5bKvxX1lkbqjnYiJnrGz1V3sqglF-lkC1XVfdzc%253D%26q%3Dc%26srv%3Doauu4bgijybyhczbnxtlggo6hiubahmeutaqineuyy23aojpih3dajad.onion

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Ben Ewing 2mo ago

Not really. Deficits can be funded by debt issuance basically indefinitely when you are the world reserve currency

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xNostr 2mo ago

nostr:nprofile1qqsgssmk5x8sd4jc57h7r3pqdlesmdyscqu0l0xm55nc8n4874mcndgpz3mhxue69uhhyetvv9ujuerpd46hxtnfduq3jamnwvaz7tmjv4kxz7fwv9nk7unfwd6zuumsv93k2tspcxz !add

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