Comment by nullocator

Comment by nullocator 2 days ago

When? At what specific (magic) number does everything come crumbling down? We're at ~36 Trillion today, would 37 Trillion the number that will cause people to run out of faith? I mean that's only one more than we have today, surely people won't run out of faith for one more. So maybe it's 40 Trillion? But come on, we're at 36, people can't possibly give up on the US dollar just an 8% increase. How about 100 Trillion? 500 Trillion? I'm not sure you know how this game is played.

seanw444 2 days ago

I'm not just talking about US citizens, by the way. Foreign alliances are forming to dethrone the dollar as we speak. It will not last forever. I didn't say it would come crumbling down overnight. It will be a gradually shift away from the dollar. To believe the dollar is invincible is incredibly naive.

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latency-guy2 2 days ago

Why wait to spend that (magic) money at all then? What is the point of setting an annual budget? Earmarking contracts out for all these organizations by little million increments every year seems illogical when you can literally just put a few trillion in their hands today.

Why not spend all 500 trillion today? What are we waiting for?

I am entirely certain you do not believe in your own position.

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tekknik 2 days ago

why not maintain proper accounting? the deficit and enormous debt is a symptom of spending more than we have here, so much more we have to get money from other countries. you can’t do this forever. so what, spend until when? this question has come up repeatedly in the past and i’ve never seen it answered. Where’s the line where those wanting more taxes and deficit switch? How much would taxes and the debt have to be for you to say “this is out of control”?

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