By Ryan McMaken
All this helps explain why yields on long-term bonds are now rising to some of the highest levels we’ve seen in nearly two decades.
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By Ryan McMaken
All this helps explain why yields on long-term bonds are now rising to some of the highest levels we’ve seen in nearly two decades.
Big fan of Ansel but this graphic
Makes me think the government can just steal from its people when ever they want and pay the debt.
It’s still crazy how we just accept the debt is $40 TRILLION dollars a number so big humans can’t comprehend it.
(don't know who Ansel is)
He’s an underground Maco economist goes against the main stream
Mmm... it's both simpler and more complicated than the graphic conveys
simpler: government doesn't even need to tax the peoples' wealth, it can just print the money to pay off the debt
complex: whether printing money or taxation, there are enormous and unpredictable downstream effects, not to mention political instability
That's disgusting, and there isn't even an externally forcing crisis
IRAN CANNOT HAVE A NUCLEAR WEAPON!!!
I thought we took care of that with one B2 bomber and a few escorts
What's so amazing about Iran is that they're always just weeks away from a nuke.
There's an internal crisis. We have to spend everything before the American communists get to it.
And covid didn't necessitate government intervention. That was their made-up excuse to print money against us. My excuse is legitimate.