What If The US Paid Off Its Debt?
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What If The US Paid Off Its Debt? | BWG

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The first 1000 people to sign up to Skillshare will get their first 2 months for free: https://skl.sh/infographics34 What would happen to the US if it paid off its debt? .

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29 thoughts on “What If The US Paid Off Its Debt? | BWG

  1. When you say there are two ways to reduce debt (forgiveness and repayment), there is actually a third way – inflating it away. That is what we are currently doing. So the debt loses it's value in nominal terms because it's paid back in depreciated currency. Our debt is so large now (not even including the unfunded liabilities like medicare and social security) that inflation is the only realistic vehicle to manage it, and this in an era of historically low interest rates. Imagine what would happen to our ability to repay if rates increased to just 5%?

  2. Yeah, no wonder Japan is more richer than America. They use their money for tanks and guns, while Japan is using their money for building economy.

    I mean, America is rich but could they just use it to make free health care and education, instead of military please!

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