Message from @justkaus
Discord ID: 788820230239158312
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
Ok this is a lie, I have seen people saying that RaGa can be PM
So it's a close second
That definitely will always remain no.1
Economic boom in usa followed by replacement of bretton woods system
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
@Napoleon cheems america is being destroyed by biden. he is transforming into not being america
a seceded state would be more american then "america" under biden
Bretton woods was removed in 1970 and actually agree removing that they faced a big downturn and massive inflation
This graph shows that from somewhere after 1940 to 1970, the debt was going down
I know it was removed in 1970, that allowed usa to not go into a economic crisis since countries like France was trading back the dollar and buying the gold from their reserves
THERE IS NO DEBATES
the amount of damage Nixon has done in his power lust (and failing at that) he reminds me of VP Singh
Also Beni you really think Su Swamy is a libertarian? That guy hates RR for lowering interest rates through a high interest rate (and I agree that is a bad idea) but the other way would be to reduce govt spending, but this guy calls the deficit a non-issue! And in fact advocates for printing money...