/biz/ - Business & Finance

Infinite fiat = infinite growth = infinite debt. It's honestly irrelevant, just a big number for bureaucrats to point to and argue spending cuts for. Then uninitiated voters can also point at the big number and blame an opposing party, the big number isn't actually scary it's the product of nixon killing the gold standard and it absolutely needed to happen for exponential growth to continue. The interest on that unlimited fiat IS important however which is why 2022 sucked for equities. The debt not so much don't get too doomer about the big number just don't fight the trend and wait.