Is there a way to solve or mitigate this?
>>539486880Just cancel it
Reset the currency and move to a wartime economy ultimately resulting in nuclear war.
gas the kikenuke israeldissolve the federal reserve system and throw all the zogbot inside in death row
>>539486880Sure the country could start by not motivating germans to make weapons again and maybe we may think of not asking for our money
>>539486880He tried to fix it, okay? But if he couldn't, nobody can.
>>539486880More immigrants ought to fix it.
>>539486926>cancel itPeak autism right there
>>539486880
>>539486880sure, stop all welfare programs and debt will be gone in a couple years.
Uh oh has the rest of the world stopped buying our dumb ass gadgets
>>539487119He pumped it into his Trump Alt coin collection.
>>539486880nothe only way out now is through acceleratewhen we get to the other side remember that it was cunts who brought all this in us. end all human rights for females.
>>539487406This is the solution for that reason it will never be allowed to happen.
>>539486880A significant part of that debt is QE, which can be cancelled at any time; actual creditors of the US that we would prioritize are manageable.All the nations are mutually in debt, to facilitate trade; main problem with the US you could argue is trade deficit, finance is kind of irrelevant. What do we produce and export? mostly administration.All that's gonna happen is super rich people with over $250,000 in the bank are gonna lose those deposits, you won't be able to withdraw your life savings in physical cash - only spend it (like over 90% of people do already) using cards at merchants, stocks will lose 90% of their price, and treasury bond holders will probably have to wait until maturity if they're gonna want their principal; corporate and municipal bond holders might not get anything, depending on who goes bankrupt.
>>539486880what's the world going to do, come to collect?
>>539487755>super rich people with over $250,000is this what super rich is now in America?shieeeet
Crash and burn faggots
>>539486880>Is there a way to solve or mitigate this?TKD
>>539486880Why is the debt a problem now and not when it hit $1 trillion, $10 trillion, or $20 trillion?
It is quite literally not an actual problem.Debt for a nation state is not the same as debt for a household or corporation. Nation states that issue their own currency do not need to earn or acquire deposits.Please, please learn something about how money works and stop making this awful thread every day.
>>539486880Debt is a meme. Who’s gonna collect it?
Maximize the debt. Whatever it takes to sink the economy and destroy the entire system
>>539488431Retard. The debt is being held in US bonds and treasuries by other nations. Japan, China, UK. They hold all the power here. If the dump their collective bonds/treasuries, the US fiat currency system collapses. It is mutually assured destruction thoughbeit because USD is the global reserve currency. So when it becomes an insolvent asset, it wipes out value of every other currency.
>>539489445They don't hold any power. The US -- nor, Japan, China, UK, Australia, Russia, any monetary sovereign on the planet -- does not NEED to sell bonds to finance itself. Shut the fuck up.
>>539486880Nah, economy will inevitably implode, there'll be a period of economic restructuring, and life will go on. Primary reason I purchased 5 acres here in rural SE Kentucky mountains for cheap as I could find, built a cabin on it and just live life as basic as possible. When the inevitable economic implosion comes, I'm about as ready to weather the ensuing chaos as I'll ever be.
>>539486880USA literally makes that much every 2 weeks. if USA wants they can pay off entire debt within a month and still come out profitable
>>539486880By a communist revolution and restructuring US treasury bonds into high yield inflation protected instruments making them too valuable for capitalist governments to liquidate; seize all physical infrastructure and, launch an asset backed currency, launch a petawatt to replace the petrodollar, leverage China-Saudi BRICS alliance to impose sanctions on Israel. Remove all blacklists with China and integrate technology firms with them, Swap Chinese debt for equity, revoke digital credentials of corporate boards and CEOs, and then >cancel all debt to capitalist governments this causes a financial crisis in Europe and Japan. If they even try to debt dump in retaliation, by weaponizing the Petawatt (as opposed to the petrodollar) you set a carbon arbitrage and they will experience an economic collapse and have the same energy blackouts as Cuba. integrate technology firms with China after the first step and join their rust and belt initiative and have Chinese state owned enterprises inject massive capital into crumbling American infrastructure and allow state investment funds to bankroll high speed rail, modernized ports and supply chains. As Europe slips away into a depression China and America create a duopoly. Fiat currency enables debt when commercial banks issue loans (such as mortgages or business loans), they create new money digitally. The moment a system runs out of genuine, physical economic growth it has to use central bank print presses to manufacture the illusion of growth out of absolute nothingness rather than measuring the material output of money creation like an asset backed currency. >Inb4 it doesn’t work Only reason it failed in the past was because the top down bureaucratic apparatus couldn’t measure the equilibrium of demand and supply making an overcentralized bureaucracy relying on fixed prices and production quotas to produce, they easily misallocated resources as a result of this. Cybernetics can change this
>>539486880Mitigate, what are you a commie?
>>539489510Kek look at this fiscal midget here trying to explain how the bond market works. Go back to your shanty Cletus.
>>539486880You get conquerd by europ. The dollar stops existing and therefore the debt. You use the euro.
>>539486880it's already been solved, remember? Elon Musk and his smirking DOGE minions made huge cuts to the federal government!
>>539487221He's not wrong, at this point the system needs a hard reset. There is absolutely now way for the ponzi scheme to keep going indefinately.
>>539489833We spawned the language, you're just borrowing it while fumbling with its proper use you mong.
>>539489990Answer a very simple question.When a foreign buyer wants to buy a US bond (and this could of course be turned around to feature any country you like), what do they need?
>>539486880Austerity measures like what happened with Greece starting 2010 (and is still suffering from today):>https://en.wikipedia.org/wiki/Greek_austerity_packages
>>539486880>Is there a way to solve or mitigate this?Let the dollar float against all PMs and crypto.Allow citizens to pay all taxes in any currency valued at the time of payment. Crash the dollar by destroying demand, hard reset and a full wipe of all outstanding international debt without taking the American People down with the ship.
>>539490123Cancelling it would reset the US back to the dark ages. The US' psyche could not handle self-destructing in such a manner. Especially with Pissrael's attachment to it.
>>539490380Greece is not a monetary sovereign. It does not issue its own currency. It holds no relevance as a comparison to any monetary anywhere in the world.
https://www.youtube.com/watch?v=F9zEEsgjxtoYou would think this stuff would be very simple for people to understand. But they just don't get it.
>>539490123>There is absolutely now way for the ponzi scheme to keep going indefinately.They never do. This is why Trump and the Goons are waging resource wars.
>>539490405We're heading there anyway and nothing will stop it. The longer we delay, the browner that dark age will be. Both demographically and financially America is over, unsalvageable, slated to be the penultimate example of why you never consort with Jews. I'd much rather end it sooner than later before it goets from 56% to 15%.
yes, you either have to deregulate the housing market and stop allowing boomers to have a monopoly on home value increase and social security, or you need to gut social security, raise the retirement age, and begin phasing it out.
>>539486926FpbpDebt is fake and gay.
>>539486880The debt has already been paid back, it's all interest. They could just outlaw usury and then write the whole thing off, which would cause the value of the dollar to skyrocket
>>539487221never heard of a debt jubilee?
>>539486880>OP bong flag brainlet 7 pbtid>one brainlet OP topic, after another 24-7 on /pol/Not going to re-link all the past archive.4plebs topics. Go search them yourself:>sovereign debt>central bank>financializationThe topic of United States (its own) sovereign debt and spending, isn't just affecting America itself alone it is a global problem. Global debt aka bond market is on brink of implosion, has been for at least 3 years. Keep watching the 10-year yieldHere is yesterday's thread >>539410842>/pol/ : the board for brainlets
>>539486880Tell the twelve families to fuck off.
>>539486969I propose that when the reset comes the share of wealth you get in the new system is proportional to the amount of real estate you own.
>>539486880>Is there a way to solve or mitigate this?print 39 trillion, and pay the debt with itthe money is just worthless paper anyway
>>539490600>and stop allowing boomers to have a monopoly on home value increaseCarefully ignoring foreign ownership and 30 million illegals. Shall we talk about Section 8 housing vouchers?
>>539490322All central foreign banks trade in debt securities (Ie.mortgaged backed bonds) and other dollar-denominated assets through reverse repurchase agreements (RRP). They lend the Fed money in return for short term US government backed bonds and other debt holdings. So in fact, they do hold all the power to crash the global economy against the wishes of the US government.
>>539490916Answer the question. It is a dead simple one.
>>539486880https://youtu.be/2LxXgX-yJI8?si=GkGJb0KFJzHzhceW
>>539486880As long debtors don't collect the debt do the debt even exists?
Lets say you owned 100,000 fat goys. How would you build your empire
>>539486880Solving it would be anti-Semitic
>>539491009Case in my point. You are in fact financially retarded. It's okay anon. Go back to scrolling on /b/
>>539488431Issuing more currency inflates it , and inflation is felt by your population which may do a thing about it. Only the US is unique in that it forces the world to prop up its currency by anchoring it to the premiere commodity, all on the promise of an all powerful omnipresent military. If that belief erodes you'll feel every cent of that 40 trillion.
>>539490817Interest Payments are real.(try not paying them, let us know what happens)Fully half, of the current annual United States fedgov $2+ trillion spending goes instantly to Interest PaymentsYes correct: money U.S.gov doesn't even have (the $2 trillion/year) is being ""printed"" into existence just to make the annual credit card payment. Half of the total fedgov annual budget is Interest Payments, these now exceed discretionary spending.Credit to pay creditEvery time a single note of "fiat currency" is ""printed"" into existence, a *corresponding note of debt* aka a bond, is also created: and *must be sold* on the debt market. Aka bond market. The bond market yields must remain steady and stable—that they have not been for the past four years, more unstable and volatile than in half a century.'Printing' doesn't happen 'for free'It's a global debt-based economic model.
helpful FYI for all readers it:Anonymous (ID: G8Pb/m3c) 6 pbtid = MMT shillbotDo not engage
>>539486880Kill 78 $.05 Trillionairs, steal their money and pay the debt. Why is this even complicated?
Surely saving a few million here and there on small projects will wipe out $40 Trillion in debt.
>>539491147You're not answering the question and it's easy to see why.The answer is dollars. They need dollars. But foreign governments can't make dollars, can they? So the dollars had to come from somewhere else first. Operationally, it's very obvious that the bonds are actually not involved in the creation of the dollars.>>539491160Inflation is governed more by goods and services available than the quantity of money or credit in existence. Assuming that an increase in the money supply also means no subsequent increase in goods and services is probably a bad assumption as a general rule. It's not necessarily wrong, I'll grant, but it doesn't seem like a good base line assumption.If other countries did not want to save in dollars or buy things from the United States, they could just save and hold a different currency. The only thing that effects the US is the real resources it has at its disposal. If there are resources we don't have, you either go without, find a suitable alternative/substitute, or you come to an agreement with the holder of that resource. It's not super complicated.
>>539486880Cancel it, outlaw usury. Simple as.
>>539489445>if they doomp eet...>but they will never doomp eeitso what's the issue then, retard?
>>539491200Interest payments are a policy choice. The Fed and the Treasury are monopoly operations. They are not subject to market forces.>>539491320>if I just whine hard enough, operational reality will be different!
>>539491452>Surely saving a few million here and there on small projects will wipe out $40 Trillion in debt.The O'Rourke HypothesisMost of the money made and taxed in the country is stolen. If you focus on corruption and theft all other problems will fade away.
>>539487834>braindead pole.If you have 10 million in bank, you will only get 250k state insured deposit, retard.
https://www.youtube.com/watch?v=-LOwJ2H_hD4
>>539491604>Anonymous (ID: G8Pb/m3c) 8 pbtid MMTshillTard <--Retarded Brainlet Fuck Tard>'Fed and Treasury'= monetary policy>U.S. Congress (annual budget bills-appropriations)= fiscal policyLockstep advancement of monetary + fiscal policies for ever-increasing, gigaballooning government spending increases the sovereign citizens' enslavement to private central banks. (This applies to all countries and their populace not just the United States) In America, the United States Congress holds the purse strings on spending. It is they (Congress) who determine the amount of debt and debt burden on not just citizens but the grandparents of those citizens, because Congress approves ever-rising $2 trillion+ budgets ('paid for' with central bank debt notes)Global debt topped $255 trillion in 2019 and $350 trillion in 2025, almost four times the amount of all global economic output. Public debt—sovereign debt of governments—in 2026 comprises ninety-four percent of the entire global econoy; IMF predicts in three years that reaches one hundred pcent. World governments wsoon will owe as much as the entire global economy produces in 12 months duration. Totatl debt levels and deficit spending of the past thirty years has eclipsed that of the past few centuries of western civilization, and absurdly low and negative interest rate borrowing costs have incentivized national governments to no longer borrow on the expectation that they will repoay, but rather the expectation that they will refinance.
Global debt topped $255 trillion in 2019 and $350 trillion in 2025, almost four times the amount of all global economic output. Public debt—sovereign debt of governments—in 2026 comprises ninety-four percent of the entire global economy; IMF predicts in three years that reaches one hundred percent. World governments will soon will owe as much as the entire global economy produces in 12 months duration. Total debt levels and deficit spending of the past thirty years has eclipsed that of the past few centuries of western civilization, and absurdly low and negative interest rate borrowing costs have incentivized national governments to no longer borrow on the expectation that they will repay, but rather the expectation that they will refinance.
>>539486880Do magnets
>>539491559>https://www.forbes.com/sites/martinadilicosa/2026/01/20/what-the-japanese-bond-crisis-could-mean-for-the-us/Try and read slowly Vlad. Maybe you'll be able to grasp what's really going on. But then again, you're a hohol so most of this will go over your bald head.
>>539486880ah geez dude.
>>539492140There is just a lot of nonsense here. Very large portions of the "national debt" are core social services for the population: social security, medicare, medicaid, etc. This is something we are receiving. It is money the government owes US.
>>539486880Yeah just change the minus to a plus, boom, fixed it
>>539492389
>>539486880Governments can survive with debt you fucking retard.
>>539486926Seriously. The concept of debt is a jewish banking fugazi.
>>539486880Magnets
>>539491522Wrong. It is maintained by the oil, ever heard of the petrodollar? And that's done through threat of military intervention.
>>539492657You can buy oil in other currencies right now. Saudi Arabia, Russia, Iran, they'll take euros no problem. They'll take yuan (to the extent China wants yuan to leave its borders). Of course the US is a very large producer of oil itself, and it probably prefers dollars (but with how much it buys from Europe and China, it probably wouldn't mind receiving euros and yuan, either. it just doesn't need to since both of them are willing to accept dollars). Like, I'm not sure what you're even talking about.
>>539492352oh no the mexican redditors are uneasy and calling orange man tariff badinsanemeanwhile, in real world:fed BRRRRS a trillion dollars out of thin aircolonies like United Kaliphate cope with itend of the story
>>539486880No, boomers will perish just in time for the debt to be "defaulted" on and the country collapses.All the benefit, none of the downsides.
Yes.Big fucking world war.
Inflation. We only paid off our debt once and that was a bad idea. The problem is that AI and robots might be too deflationary.
>>539486926>Just cancel itAnd hurt our credit rating?! No, the solution is to wall off israel and convert it into a labor camp, we can even deport the rest of the world's jews there for extra help. Let the jews work off that bill they ran up on our account.
>>539486880>Is there a way to solve or mitigate this?No. Why? Because the whole American economy is built upon and around debt. That's literally how they get their budget each year, not from taxes, but from issuing bonds that banks and foreign countries buy. And every year the debt will exponentially grow. Even without a lunatic at the helm, because it's literally designed that way.
>>539486880Not while boomers are alive an enjoy luxury boomer communism and not while we maintain a trillion dollar MIC.
>>539486880Nothing burger. You can keep printing money. If it was that critical it would have been fixed decades ago.
Pay debts niggers
>>539486880Since all the wars were waged under fraudulent terms every thing that came after (all costs) were fraud. It's like a maxim in law or something.
END TIMES THEORYhttps://youtu.be/Z0crNAAojRY
>>539486880Read "This Time Is Different: Eight Centuries of Financial Folly" by Reinhart and Rogoff. The answers are there, and can't be summarised in a few lines without oversimplifying.
>>539492420...so what youre saying is, social security was intended to make old people demand that young people pay crushing taxes
>>539493128100 million boomers times 401k dollars = 40 trillion debt
>>539486880The vast majority of that debt is to domestic lenders, aka US banks. Many of whom are the same banks that we accrued a big chunk of that debt bailing out in 2008. So, technically speaking, fuck em. Just tell them that we're not going to pay it back in full, and they can deal with it. If you want to be NICE, institute a cap saying that "any loan we took out from you, will be paid back to a maximum of 110% of the amount borrowed. I don't care what interest rate you say we have with you, or long long you wanted the compound interest to last, once that 110% threshold is reached we're done and that loan is considered paid in full."They made back the money they lent out and then a comfortable profit besides. The fact that they thought they could bilk us for more than that is their problem. If we did it like that, a massive chunk of the debt would instantly disappear because there are loans that we've been "paying the interest" on for decades. They got their money, cut them off. Importantly, only do this for domestic banks. If we borrowed money from another country, we'll honor that agreement because we don't want to shit where we eat internationally. But the domestic banks have been robbing us blind, and if doing this causes some of the to collapse then they should be thankful that we graciously gave them an extra 18 years before their bad decisions caught up to them.
>>539488355We've hit the point where the interest itself on the debt generates another trillion dollars a year all by itself. Even if we don't borrow another cent, left to its own devices the debt will just continue to balloon faster and faster from here beyond any hope of control, causing rampant inflation in the process.
