Wait
How the US debt is measured?
Is it in USD?
It would mean that with 10% decline in dollar value the debt reduced 10%
(Assuming anyone ever wants to pay it off)
If that’s the case the stunt with tariffs could be a genius move
#asknostr
Wait
How the US debt is measured?
Is it in USD?
It would mean that with 10% decline in dollar value the debt reduced 10%
(Assuming anyone ever wants to pay it off)
If that’s the case the stunt with tariffs could be a genius move
#asknostr
It's measured in USD and the interest payments are generally paid by printing money and devaluing the currency, making it hilarious that people buy this debt (treasury bonds) in the first place
