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US Debt WOW
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69Cat
Posted 8/13/2024 15:52 (#10849815 - in reply to #10849255)
Subject: RE: US Debt WOW


Of course the people in control know this. I mean the people really in control, not the people who are supposedly in charge of the finances who say "we don't see any inflation" when houses and land had already doubled in six years. While you are told those are the people in control, they clearly are not because no one is that dumb. Maybe repeat that a few more times to yourself - no one is that dumb to not understand interest rates at less than 5% floods the economy with cheap currency thus devaluing the existing currency and so more dollars needed to buy the same item (ie inflation).

Look at a graph of debt expansion, has it stopped increasing notably in the last 110 years? No. Has it been going exponential for 20 or so years? Yes. And yet we are to beleive no one can actually see this pattern, or have a solution. How many years then is needed if 10, 20, 50 or 80 years is not enough to recognize a trend.

It's a debt based monetary system. It functions on expanding debt. The last 50 years has made it very clear.

Let me guess, people still beleive that the only reason debt hasn't been reduced is because:
1. Times are tough so now is the time to expand debt
2. Times are good so now is the time to expand debt

Question is, when do you actually pay off debt then? Because that is exactly what your experts tell you is the reason for more debt.

After the last 50 years it is time to understand debt is not being paid off. And definitely not now. Recognize an exponential curve when you see it because we are 100% in one. And then tell your self you are the only one of 10,000 experts and policy makers who are able to recognize an exponential curve, and then ask why that is.

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