You say the govt takes our debt and Guarantees, that they will repay with higher interest. What if I took a loan and then my industry collapsed and then I can't pay?

No they don't take our debts

.

We give money

We are the lenders that's what I was trying to say

Government are the borrowers

I give 1000 rs to government

And Gov guarantees to return it after specific time period with interest

Ohh

That is a bond

You can sell your bond to someone else in the mean time

And where does the govt generate that extra money?

On its investments?

Through various investments and projects they do

Or taxes

Ah

Taxing people for your own bonds sounds very criminal

So you give money to government and they tax you more and return your money with the interest from your taxes lol

Wtf

Thats how governments work

And nobody has a problem with this?!

Well people don't care that much because it is not that big of a deal

I love less taxes. But yeah most people don't care

But going back to the US example, how exactly do they get rid of their debt?

Like you said other countries buy their public loan debts or that other countries loan money to the US?

By printing more money🤣 🤣

🤦

Bhai money laundering mujhe jhamela Lagta tha... This is on another level

I have never seen such bullshit in my life

Ok this is a lie, I have seen people saying that RaGa can be PM

So it's a close second

But look at this graph @beni how did the debt go down?

That definitely will always remain no.1

Economic boom in usa followed by replacement of bretton woods system

@Fryyb

It does work. Because if we did not hold criminals accountable (murders, rapists, so on..) society would be majorly dysfunctional. Look at California.

ok so

wait i dont have img perms here

bruh moment

<#779482938513293352> then