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Long-Term Fiscal Spending Anonymous Fri May 26 22:46:28 2023 No.55100693 [View]
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Financial retard and wagie here, the extent of my investing is in a 401k and DCAing into SPY.

Isn't the US going to reach a point where it can't pay off the interest on its debt? Why is this not going to be a problem? I understand that the Fed can just print money to pay the debt and the interest, but wouldn't that completely destroy the currency?

Is it some sort of balancing act where they try to keep the interest payments manageable?

www.msn.com/en-us/money/companies/as-washington-dithers-unsustainable-long-term-fiscal-future-looms/ar-AA1bJ6ws

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