ByteOnBikes@slrpnk.net to Political Memes@lemmy.world · 15 hours agoAt a Republican town hall in Nebraskaslrpnk.netimagemessage-square63fedilinkarrow-up11.03Karrow-down12
arrow-up11.03Karrow-down1imageAt a Republican town hall in Nebraskaslrpnk.netByteOnBikes@slrpnk.net to Political Memes@lemmy.world · 15 hours agomessage-square63fedilink
minus-squarekibiz0rlinkfedilinkEnglisharrow-up7·7 hours agoI should probably have mentioned: The main point of the post is that despite the connotations of the word “debt”, retiring the debt would be a disastrous mistake. Even running multi-year neutral (or surplus) budgets would probably cause a recession. And that’s not a weakness of the US economy, it’s just how fiat currency works.
I should probably have mentioned:
The main point of the post is that despite the connotations of the word “debt”, retiring the debt would be a disastrous mistake.
Even running multi-year neutral (or surplus) budgets would probably cause a recession.
And that’s not a weakness of the US economy, it’s just how fiat currency works.