Ezra KleinVerified account

The debt is buslh - 66% is to ourselves SSI & vets. We owe ourselves!

Of course it is. The money Reagan took can be replaced and vets can be taken care of - IF, the GOP goes along.

Ask Greece about your theory.

Does Greece issue the Euro? No. So they can run out. US gov can't run out of US$

Right, they can just kill the value of the $.

The government can print money, yes, but that also debases the currency & makes it worth less, & could eventually be worthless.

Does it? Who is the government making richer by "printing" to pay down the debt?

No one. Even those getting paid back receive paper worth less than when they originally bought the debt.

Let's imagine for a second the "paper" is worth the same at the end. Is there anybody who ends up with more assets?

Let's not. Worthless paper is no asset.

I'm trying to explain to you why you're wrong. Not very easy if you don't play along :(

Currencies of worldwide empires can fail. It has happened before See Genesis 47:15.

@KellyNaqiESPN why is the national debt not a problem?

@WxDeFlitch 20 trillion bucks behind on budget isn't a problem?

maybe they could've used it for climate change, but they gave millions overseas in exchange for criminals.