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ochoseis | 1 year ago

Luckily we can print the currency the debt is borrowed in.

discuss

order

ein0p|1 year ago

And getting people to buy into this Ponzi scheme is getting more and more expensive. Hence the ballooning interest payments. As debt reaches maturity, more and more of it will have to be refinanced at a higher “apr”, since nobody is even contemplating drawing down the principal. This could further drive up the rates.

torstenvl|1 year ago

We can't. The Federal Government can. We and the Federal Government have exactly opposite incentives on this issue.

chii|1 year ago

and that will really turn on the hyperinflation tap.