I'm no economist, so I can't articulate this, but I am increasingly skeptical of the notion of "money borrowed from ourselves." I'm not saying the debt is imaginary, but I think there's something flawed in the accounting.
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Basically as long as we’re world’s reserve currency, yeah, you’re kind of right.
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$69,060 for existing goods/services available & used from birth. Assuming 100 year longevity, that’s about $2/day for life.
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I didn't say that they were created by government spending. Come on, man, I'm an anarchist. The topic is "does being born underwater make you a slave", and my point (as expressed in the final line) is that kids aren't born underwater.
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Did the debt alone make us slaves? I don't think so, based on what you mentioned.
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We should instead focus on taxes, insurance, boosted educational requirements, and other elements of our boomer beneficiary program of a country.
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Ah, yes. The canals. Well stated.
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