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Politics

Well, you see, the debt "isn't really there," because the - gov just prints more money to cover

Posted: Oct 13th, 2018 - 8:37 am In Reply to: So who is financing this debt? - nm

any perceived indebtedness. So the bank borrows money from the government, that prints the money to give to the government, and then the government prints more money to pay off the debt. And none of this matters because it’s the government and it’s AAA rated.

Anybody for this has no reason to be complaining about the national debt, because this will do nothing to solve it.


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