Can't pay down a debt that is unpayable. The fabled national debt is simply the amount of dollars loaned, in circulation, to the United States by the federal reserve plus interest, and other debts which are minor in contrast to the trillions printed. Pay the national debt off means dismantling the federal reserve and replacement/removal of the fiat IOU currency federal reserve notes aka US dollar.
It's the perfect scheme, paying off the "debt" with the debt creator. It costs the same, essentially, to print 100 dollar bills as a 1 dollar bill, the interest payment is obviously not the same.
^ what u/dtxman75 said. It isn’t payable, like - “can’t” be paid, not “won’t”, and it never could have been, and that’s always been by design. The whole system is a fraud. A settlement or terms restructuring is going to happen. It’s going to be interesting to see what happens.
Can we pay down the $36 Trillion debt first, Frens?
I know this is Iceland in the movie, but I think of Greenland every time I see it
https://youtu.be/kurY9aSolo0?si=FsarytoWaBaR4d1q
Can't pay down a debt that is unpayable. The fabled national debt is simply the amount of dollars loaned, in circulation, to the United States by the federal reserve plus interest, and other debts which are minor in contrast to the trillions printed. Pay the national debt off means dismantling the federal reserve and replacement/removal of the fiat IOU currency federal reserve notes aka US dollar.
It's the perfect scheme, paying off the "debt" with the debt creator. It costs the same, essentially, to print 100 dollar bills as a 1 dollar bill, the interest payment is obviously not the same.
Oh, TIL 👆🏻
^ what u/dtxman75 said. It isn’t payable, like - “can’t” be paid, not “won’t”, and it never could have been, and that’s always been by design. The whole system is a fraud. A settlement or terms restructuring is going to happen. It’s going to be interesting to see what happens.
Excellent distinction made here highlighting the importance of "cant" in contrast to "wont" in this context. 👍