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52225367 No.52225367 [Reply] [Original]

>1/4 of our taxes will go towards paying off our debt which only grow larger which causes us to go deeper into debt to pay off the interest

Even by MMT standards this is beyond fucked

>> No.52225406

>>52225367
do not redeem

>> No.52225458

>>52225367 As a stacker of silver i do have to mention that the Majority of the Debt is Private debt, witch isnt always "bad debt" the Actual Federal Government only owes 6-8 Trillion now
https://www.itsuptous.org/blog/who-does-us-owe-money-to

>> No.52225476

>>52225367
As long as US doesn't get defeated in a near-peer war the fed can keep printing.

>> No.52225481

Just default retards
God mutts are fucking stupid

>> No.52225501

lol who are we paying? can't we just arrest them for charging usury which is illegal per the bible and call it good and have a world jubilee

>> No.52225514

>Close all Dollar markets
>Create Dollar 2.0
Shitcoins do this all the time

>> No.52225522

>>52225501
sounds like a plan :^)

>> No.52225534

>>52225476
But it will. You think the shrinking pool of available manpower is suddenly going to rally to the flag? Or that war critical industry and manufacturing will spring up from the ground? You have no idea just how bad the reality of America's military dominance is.

>> No.52225549

>>52225514
>fuck literally everyone so they can do it again
Totally flawless plan anon what’s your name I’m writing you in for the next presidential ballot

>> No.52225569

With jews you lose

>> No.52225574

>>52225569
Israel is real, deal with it

>> No.52225577

>>52225501
The federal reserve aka the Rothschilds

>> No.52225581
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52225581

>>52225549
Not the first time they've done it

>> No.52225615
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52225615

10 years ahead of scheduel already kek

>> No.52225645

>>52225534
>shrinking pool of available manpower
Manpower doesn't do shit in a war. Even a troon can still press a button to delete people on battlefield from 10000km away.
>war critical industry and manufacturing
Not needed because US has enough cold war weapon stock to last a long while.
>how bad the reality of America's military dominance is
Reality doesn't really matter because other countries still aren't willing to challenge America's perceived military dominance.

>> No.52225647

>>52225367
Utter horseshit.

>Even by MMT standards
Retard alert.

>> No.52225892

>>52225501
Cool it with the anti-semitisim, bro.

>> No.52225910

>>52225645
Lmao, the usa can barely arm Ukraine. Minimal bullets like 200/day/person. Artillery shells are something like 100/day. But keep watching cnn

>> No.52226052

Who came up with these tokenomics?

>> No.52226120

bullish for BTC

>> No.52226168

>>52226052
stop being antisimetic, it's nobodies fault sometimes things just happen

>> No.52226200

fiat coins are more blatant ponzi vaporwave scams than the average bsc token

>> No.52226220

Can an entire country be a "debt slave"?

>> No.52226228

>>52225501
oy vey!

>> No.52226239

>>52225367
40-50% of the population doesn’t even pay taxes, not our problem bro

>> No.52226258

>>52225534
>>52225645
That’s the problem with basing your entire economy around Netflix, Google and Pornhub: you can’t nationalize their factory floors to build tanks.

>> No.52226320

>>52226220
>I'll take what is ever county on earth for $100, Alex.

>> No.52226343

>>52225534
It doesn’t matter. America, Russia, and China are allies. They’re all taking revenge on Europe and the UK. Second wave of colonization: The Empire Strikes Back.

>> No.52226377

>>52225501
thats why England declared war on Germany

>> No.52226419
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52226419

>>52225647
You sound scared…

>> No.52226573

>>52226419
nice projection, nutbar

>> No.52226588
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52226588

Won’t the deficit have to keep growing as 10% of their yearly budget is yoinked by compound interest which causes further endebtment & the compound interesting eating more and more of the yearly budget?

>> No.52226628

>>52225549
>Totally flawless plan anon
That's literally the standard lifecycle of a nation's currency, global reserve currencies just tend to do it a little less often

>> No.52226663
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52226663

>>52226258
Why use tanks when you can simply censor, corrupt, and mentally sedate?

>> No.52226667
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52226667

>>52226573
>Elliot is posting 6.4% returns so far this year and has only lost money for two years in its 45-year history.
But somehow you have more insight.ts4

>> No.52226676

>>52226588
But but “money printer go brrrrr” fixes everything!!! Keynesians Nobel prize winners said so!!! Reeeee!!!

>> No.52226693

>>52226667
Keeping believing (((Paul Singer))) goy.

>> No.52226715

>>52225501
Every day we get a little closer to Revelation, in all seriousness. I genuinely don’t understand how atheists can overlook this methodical walk toward depravity and destruction and not see it as biblical.

>> No.52226798

>>52225367
>Oh no a random prepper/doomer twitter user tweeted the end of the age is coming!
All the preppers, doomers, and goldbugs are predicting a hyperinflation like crisis around 2029-2031
>Muh interest on the debt
>Muh debt to GDP
>Muh Fed printing hyperinflation
>Muh agenda 2030
>Muh you vill eat the bugs
>Muh geopolitics
Well that leads me to believe that literally nothing will happen UNTIL at least 2031

You have to remember that smart and well connected people are working their hardest to kick that massive can down the road even a little longer, in hopes that we will be able to eat the excesses of our printing and spending over a long timeframe of hobbled growth
Look at 2008, that's a whole financial crisis on the balance sheet
The game ends when the market calls the Fed's bluff, and the market knows the Fed is still King
Enjoy your roaring 20s (you won't because it'll be filled with niggermusic, androgyny and degeneracy just like the first one)

>> No.52227069
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52227069

>>52226798
>You have to remember that smart and well connected people are working their hardest to kick that massive can down the road even a little longer, in hopes that we will be able to eat the excesses of our printing and spending over a long timeframe of hobbled growth

Literally USSR 1989 mentality

>trust the party comrade
>don’t look at numbers

>> No.52227088

>>52225645
are americans really this delusional

>> No.52227095

>>52225367
All that money goes to Jews for free just because they printed and issued the currency

>> No.52227144

>>52225367
That's why am*ricans want to sell expensive gas and oil to Europeans

>> No.52227161

>>52227088
How can you doubt American hegemony when Russia is getting butt fucked by American-trained Ukrainians and having to use Wagner group to shore up manpower shortages? China hasn’t even fought a land war in 46 years. No active duty chinaman has seen combat.

>> No.52227191

>>52227161
according to american media

>> No.52227223

a good time to bulk buy debt to collect on

>> No.52227263

>>52225367
Bitcoin solves this.

>> No.52227324

>>52227161
>American hegemony
When Japan, Switzerland and Germany Germany were paying 0% on their debt while America was paying 2%, who exactly was getting taken advantage of?

>> No.52229335

>>52227263
bitcoin was forked by the cia

>> No.52229358

>>52225476
>as long as rome isn't attacked while the factions are infighting we can keep diluting the currency

>> No.52229399

>>52225501
I've been wanting to tell my credits this
fuck debt, I was locked up in the asylum for a year and went into debt which has 50x because of usury
fuck jews

>> No.52229403

>bunch of loans created during 0%
>interest rates go up
>interest payments go up
isn't that inflationary, there's more money being paid out to the lender / holder of the tbill
economics is a scam

>> No.52229496

Doesn't matter what U.S debt is. If U.S crashes, whole world crashes, including China, Russia and even fucking Africa. Some 3rd worlders want to happen just in spite, because they think they will be affected less, but it will be enough, that their lives will be much more miserable than they already are.

>> No.52229524

>>52229403
How old are you? Have you never taken out a loan?

>> No.52229527

>>52229524
31, no I would never

>> No.52229530

>>52225501
you are paying the jews and they have the guns so you'll keep paying them until you're sucked dry

>> No.52229533

>>52226667
Only retards take what hedge funds say about the economy seriously. They talk their book when they see fit

>> No.52229536

>>52229527
So you have 0 clue almost all loans are fixed rate? My 3 year car loan is fixed and is never going up.

>> No.52229539

>>52229496
nah in reality nobody cares, even if the us crashes that won't make factories in china turn into thin air, it won't turn all the natural resources in russia into thin air, africa has always been a basket case, a couple countries will have to diversify where they buy some agricultural goods from but that's about it, don't forget that the us is doing everything it can to make china buy grains from them, otherwise they could easily just buy more from latin america or russia

>> No.52229542

>>52229524
talking about government bonds.
private debt, money gets destroyed when it's paid back, but no one intends on paying back their debt anymore.

>> No.52229551

>>52229496
sorry fair t but that is not true
all countries subsidize your economy by buying your worthless dollars, so they all send you their resources in exchange of shit paper, that's what trump meant with trade deficits
nobody buys that much shit from you but your country had grown as a parasite to other countries that remain in this system

see the rug being pulled from underneath your feet soon amerifag

>> No.52229570

>>52226715
Every human who has ever lived to be 50 years old has had the opportunity to observe in their lifetime horrors beyond their reckoning.
There is no march towards destruction. We are destruction. The bible seems to predict things because the predictions it makes are mostly very safe bets.

>> No.52229591

>>52229539
Factories won't turn into thin air, but they won't be producing shit cause no one will have money to buy shit. Same with resources in Russia, consumption will fall so bad in the world, that there won't be need for so much resources. You have no idea how much money is being donated to Africa through US sponsored institutions. Hell even united nations probably fall apart without US sponsorship.

>> No.52229610

>>52229551
not true, just one example, US is one of the biggest consumers of Chinese shit goods. Who the fuck will China sell their shit in same amount that US is buying?

>> No.52229613

>>52225367
>Taxes for paying debt interest
As a NMMT economist (Neo Modern Monetary Theory) I think that is ridiculous. Governments should just emit debt to pay for the interests.

>> No.52229626

>>52229591
why would the us collapsing mean that no one is able to trade with each other anymore? the us only existed for like 200 years, people traded with each other before that, and they'll keep trading after the us falls apart, china will make consumer goods and sell them to other parts of the world, other parts of the world will sell raw goods to china, like how things have been for thousands of years

>> No.52229635

>>52229626
Why they are not doing that already then? Why they are so reliant on US to buy their shit? They are already selling whatever they can to whoever they can. You just don't understand how big of a consumer US is. If US crashes, half of the factories in china will just go bankrupt. Factories go bankrupt, they stop buying resources from other countries, which makes those other countries buying less shit that they need and so on and on.

>> No.52229653

>>52225367
and what are the lenders gonna do about it? cope and seethe?

>> No.52229663

>>52225367
Couldn't we just like, idk, cut welfare ?

>> No.52229682

>>52229635
they do though, why would they refuse trade with america especially with it threatening war, they don't lose anything by trading but it's not like the us collapsing would cause any problem for them

>> No.52229699

>>52225367
Doesn’t matter. US will make every one else collapse before they do.

>> No.52230008

>>52227223
*us of a defaults like a boss*

>> No.52230017

>>52225534
The pool of manpower for America's adversaries is shrinking even faster due to fucked birthrates

>> No.52230328

>>52229682
China loosing 450 billion of exports is not a problem? Seriously?

>> No.52230365

Can’t we just switch over to one of those zero percent balance transfer credit cards? Then when the zero percent grace period is up we will just transfer to another card I do this all the time it’s pretty easy

>> No.52230402

>>52225501
Wow blatant anti-semitism.

>> No.52230621

>>52225367
>1/4 of our taxes
lol not mine though

>> No.52230714

>>52225476

China will kick your ass. Zhongguo wansui!

>> No.52230945

>>52226588
>causes further endebtment & the compound interesting eating more and more of the yearly budget?
Fed can lower rates again and issue new debt with long term low rates to pay off everything.
>>52225534
>Or that war critical industry and manufacturing
The Us actually does have manufacturing still. Especially when it comes to military equipment. Some parts come from China but most of it doesnt. i know that surprises the chang shills but its the truth.

>> No.52231167

>>52230365
>beat the usury jew with this one simple trick
They cut you off eventually. Then your mailbox is full of consolidation loan offers.

>> No.52231173

>>52225910
It seems the kremlin script has not been updated for 50 years
>..keep watching cnn bro

>> No.52231242

>>52230945
>The Us actually does have manufacturing still. Especially when it comes to military equipment.
No, we don't. What little we do have is staffed entirely by Boomers.

>> No.52231256

>>52225645
>Manpower doesn't do shit in a war.
At the end of the day war is still decided by small arms. Everything else is only to get a strategic advantage for small arms.
>Not needed because US has enough cold war weapon stock to last a long while.
Not anymore, we sent it all to Ukraine.

>> No.52231368

>>52230017
Kek, like any of those men raised in russia are even close to as effective as americans. I see russian men in combat who dont even care to move when they are being hit with weapons and shrapnel, only roll over and hug the the ground, enter into eternal sleep.

>> No.52231394

>>52231368
The US military can't hit recruitment numbers, and those that are joining are joining for the gibs.
No one feels a shred of patriotism for this shithole anymore, the jig is up, everyone knows the US is an evil empire. I guarantee if you asked the army to deploy to Ukraine right now there would be mass mutiny and riots in the streets.

>> No.52231413
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52231413

>>52225367
>our taxes
KEK wagie grouping us together with his plebian kind
go back

>> No.52231636

>>52231242
>No, we don't. What little we do have is staffed entirely by Boomers.
>China – 28.4%
>United States – 16.6%
>Japan – 7.2%
Try not to let posts on 4chan from doomers rot your brain. The Us produces plenty.

>> No.52231862

Not really an issue. Rates are hiked in the short term to constrain lending, there is still about a 4x money multiple, that is there is 4x money in circulation than reserves and currency. So the fed can theoretically cut the supply of dollars 75% if it nukes high enough.

They hike in the short term to cut the circulating supply, even if this increases interest payments, and those payments are paid with expanding the monetary base, hiking rates can offset the increase in the circulating supply.

This will only become a problem if rates have to go really high, like above 10%, for a really long time, like 10 years. Or there is hyperinflation - which could happen if the USD is replaced with bitcoin or gold. But until then stupid stats like this don't actually matter, and are actually still historically low
https://fred.stlouisfed.org/graph/?g=iEiV

>> No.52231877

>>52230017
the part of American manpower that really matters (white people) is shrinking just as fast

>> No.52231919

>>52225481
Default through inflation seems to be the gameplan

>> No.52231959

>>52226715
>I genuinely don’t understand how atheists can overlook this methodical walk toward depravity and destruction and not see it as biblical.
How fucking stupid can you be, it's a fake belief system that allows for manipulation of the fools. Fake money, fake religion, fake politics, it's fucking fake you moron and without the consent of the people who religiously believe in it none of it would exist.

>> No.52231960

>>52225481
ALL asset pricing models are based on the assumption that US bonds are risk-free anon. You can't even imagine the shitshow.

>> No.52232181

>>52226798
I agree.

The biggest mistake everyone makes on /biz/ is the assumption that high inflation automatically leads to hyperinflation. I imagine it comes from /pol/ types all hopped up on the Weimar myth (hyperinflation in Germany ended TEN YEARS before Hitler came to power). I'm sure high inflation inevitably resulting in hyperinflation is true if a currency is a shitcoin no-one wants (which, no, is not the dollar) and the government is also too weak to impose de facto currency controls (Which UK, Japan, Eurozone, China are all capable of doing).

A high-inflation regime was successfully run by most Western nations post-WW2 in order to bring down the debt-GDP ratio. The USA had high inflation for over a decade before Volcker did anything. Neither led to hyperinflation. High inflation will bring with it issues, but it's not the 'end of the system', or inevitable global collapse. It will rectify the colossal debt burden of Western nations. It will reset the housing market to affordability without negative equity all over the place. It's not 'fair' on many people, but it's not the apocalypse. The biggest issue is an orderly draw-down in the bond market, which is why Powell is putting on such a show of fighting inflation with the intent of returning to 2% (which he CANNOT do) rather than saying 'fuck it'.

>> No.52232233
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52232233

>>52231862
>gdp

The only relevant number is federal interest payments v. federal revenue.

>> No.52232275

>>52232233
Depends what you're trying to measure. Looking at just revenue is just s single thing of many that are affecting things, Like you won't see how the circulating supply is changing, and how fed expansion or tightening is affecting things. If you are just trying to put into some general perspective then GDP is fine.