All Trump has to do, to solve the national debt problem, is to instruct the treasury to pay the interest on the debt, instead of the tax payer. This would be a slow mend, over 30 years. And there would be little to no inflation because the money supply has already been inflated at the time of debt creation.
But they still have to debase the money to pay it! It’s actually where we are NOW. Since the deficit is larger than the interest expense, one wa to look at it is that EVERY DOLLAR of interest expense (and more) is paid with paper that is printed into existence.
Think about it. 🧐
Think about it. 🧐
This doesn’t address the deficit spending which requires new debt.
Treasury gets money from taxes or am I missing something ? 🤔
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It does. But it also has the power to issue the currency. This would be a better solution, from the POV of the tax payer.
Crazy idea…make the people who created the debt actually pay for it instead of shaking down taxpayers. But that would mean politicians taking responsibility… and we all know that’s not in their skill set
