The US National Debt is 40.5 trillion. How can we fix that?
>>545889349triple it and give it to jews
>>545889349I always hear of the US debt on the web but that number seems so large it doesn't make sense? Is it having any impact or just something people point out? It seems odd to me
How does it affect you?
Raise revenues or lower expenditures.Close tax loopholes that allow rich people to avoid paying their fair share - difficulty, those in power are rich people so they don't want to do that.Stop expensive military expenditures - difficulty, lobbyists want fat contracts for the companies that make war material and politicians like being bribed. How the weapons get used is almost irrelevant.
probably raise taxes on rich people
>>545889548We spend more on servicing the interest on our debt annually than we do on our military.
>>545889548interest payments will eventually eat all of our taxes and the government shuts doen
200% tax on bond payouts
Either declare another war in the middle east or tax businesses until they leave the country. Other than that, I'm out of ideas.
>>545889349Kill all Indians, loot the country. Scams alone, wealth taken, two birds with one stone
>>545889349Don't the democrats have a plan? That's what they won on isn't it?
>>545889666Most of the debt (2/3rds) is owned by the US public in the form of bonds. The country owes itself all that money.
>>545889548>Is it having any impact or just something people point out?It impacts everything but everyone except autists have their convenient excuses to blame and deflect towards instead whether it be communists or illegals or lazy neets or wars or rich people or corporate greed etc etc etc.
>>545889349If you do the math... no you cant fix it. the US cannot ever go into surplus budget because the USD is the global reserve. It needs to permanently have trade deficit to supply the world with the USD it needs to engage in global trade.Unless youre telling me private investments can somehow overtake government spending, deficit will happen.
>>545889666>>545889689sorry if I don't understand, the money owed on the money borrowed comes from some other service the government provides and is stolen or borrowed from?
>>545889349Free healthcare and paying everyone's student debt forever
>>545889349Don't worry, the solution is already being implemented: massive inflation.
>>545889349Increase revenue, decrease spending.
>>545889349Bomb China.
>>545889849That's true because most countries are literally nose diving into debt to bail out rich people for free
>>545889349Fake secession / civil war like USSR and succesor rump state gets the billRepudiate the debtRedenominate dollarsInflate it away once boomers are to low a fraction of the voter vase to matterJust ignore it until interest payments are 50% of gov revenue like the ancien regimeJyst br yourself bro
>>545889842I do not understand sorry, my english is weak. Your countrymen blame things you listed for its cause or the other way around?
>>545889349Old people don't want you to know this.Throw out pensions and healthcare spending and immediarely we're in an annual surplus of ~$1.5 trillion.
>>545889849Actually it can but the electorate will be up in arms at losing gibs. Non americans fundamentally dont understand the problem incidentally which is why you all still insist on heavily depending on the usd.
No such thing, the army is more powerful than whoever has the debt. What can a money lender do against the king army? This use to be a common tactic of european kings and it worked.Things went sour when rulers actually thought that you coudnt just kill the banker.
>>545889849Actually it can but the electorate will be up in arms at losing out on gibs and the remaining domestic jobs. Non americans fundamentally dont understand the problem incidentally which is why you all still insist on heavily depending on the usd.
>>545889593>revenueIt's not a revenue problem. It's a spending (U.S. Congress has ultimate authority over that) problem
>>545889349Fire some black people that should do it.
>>545889548It's just endless refinancing, the debt itself is meaningless outside of being a measure of how much of tomorrow's resources are being leveraged against today's implied worth in IOUs.
>>545889349Lets just blow it up with tanks
>>545889349End the fed
>>545889977They realize there is price inflation when they go shopping but not the cause of it (the debt). Then they blame price inflation on the things I listed instead of the debt the government accrues and the money printing they do to "pay" for it.
Tell Jews their phony baloney money doesn't mean anything and kick them out out like Andrew Jackson
>>545889349retard herejust default, and lower treasury yields
>>545889870We buy bonds and get paid interest most of the debt is owned by US citizens
>>545889349You retard. Thats simply the supply of dollars. You can not borrow something (that only you can create), without first giving it to them. Its like you had the ability to create trannybucks. Can you borrow 1 trannybuck from me, if you didnt create one yet? And after you create one trannybuck, can you borrow it from me if you first didnt give it to me? Debt means liability and every liability has a corresponding asset. Thats 40 trillion in assets you want to remove? Why? Is raising tax and spending less going to deport more browns? Is it going to build more homes? Is it going to create more jobs? This shit takes money to get done.what we need to do is cut interest rates to zero so that we start rewarding work and not usury.
>>545889689>interest paymentsCorrect.Interest Payments on the debt now comprise over half of annual fedgov $2.2 trillion budget, and vastly exceed discretionary spending.Also remember: the $2T annual budgets is money that Congress doesn't have (hint: what the IRS takes in barely makes a tiny dent in annual Interest Payments, that comprise more than half the budget)—all the money for Congress' annual multi-trillion$$ expenditures is 'printed' out of thin air on a computer screen *as [additional] debt*.If you think the fedgov (or that your income tax) "pays for" anything you're delusional.
>>545889349I just checked. When Trump first took power, in 2017, the debt was $19.95 trillion.Holy shit
>>545889349Payday loans
>>545889548>I always hear of the US debt on the web but that number seems so large it doesn't make sense?The US loans money from it's own bank (it doesn't own it's own bank BTW, it's owned by the Rothschilds, no jokes), but obviously has to pay back the loan.Except the only way to pay back the loan is to loan more money, making even more loan payments required. Repeat until you have 40 trillion dollars owed to the Rothschilds. Think Elon is rich? He's a fucking child compared to the giga jews that own everything.
>>545889349Never pay
Create robot widget factories and make the robots pay for it
>>545890207>>545890147>>545890111thanks. starlink is new here so I am learning a lot of this the last few weeks. It is just confusing to me not having experience in it.
>>545889349Surely the democrats will fix it, just like they did under Obama and Biden
>>545889548Most of the debt is owed to its citizens. Only a quarter is owed to other countries
>>545890407>Most of the debt is owed to its citizensYes, it's (((citizens))) that don't even live in the country.
>>545890345I make dhow craft where live. We have a saying if translated in english is like a man who shows up once to buy something is not good for business because he will not show again. I see what you are trying to explain. thank you
Put a $10k bounty on the head of each nigger. Each nigger is a $1million lifetime drain on the US budget, and that's only food stamps, medicare/medicaid, and other forms of tangible discreet welfare. Obviously killing elderly niggers will only be a marginal-at-best help on the debt, but it's a small price to pay. Then the professional bounty hunters and militias will have a ton of spending money.
>>545889349Trust the plan and give all your money to jewish billionaires
>>545890244Interests should be capped
>>5458893491pbtidTrump swallowing israels balls more hungrily than a jew would at a foreskin cookout fuckin like doubled that shit more or less. Im sure not making the holocaust will continue to be the only solution. Name the jew and he can be defeated. I hate them so much its fuckin unreal
>>545889349>weHow about no. Not my problem.
>>545890569>Interests should be cappedCool it with the antisemitism
>>545889548USA is on its way to default and/or dillute its own currency terribly.It's 1:1 what happened in Latin America, and it's not pretty.Import the 3rd world, become the 3rd world, I guess.
>>545889349By taxing the fuck out of the rich and investing it in public services, free university, and welfare programs. Lower class people will be lifted from poverty and start buying things increasing the money velocity which stimulates and expands the consumer economy. The economy should grow faster than the debt and with more tax revenue we should be able to run a surplus. But Republicans and Rich people don't want that to happen.
>>545890664>By taxing the fuck out of the richYou could take every dollar from every rich asshole in America and the debt would still be huge.
>>545889349> How can we fix that?Just pay it back.
>>545890569Who'd buy government debt over other purchases then?
>>545890664What is "the rich"Which sector of the GDP?Do you want to tax internet services? Construction? If you're referring to taxing luxuries, because that's "the rich" to you, it's not nearly enough.
>>545889548>ComorosHow are the beaches there?
>>545889349tax the goym more
>>545890831And I thought anti-migger hated tariffs, because it increases prices, and operational costs.But they love taxes? Which... has the same effect.
>>545890802better off vacationing to Mayotte. We have a lot of trash here as it is poor. I actually reside on Mwali as you call it, less populated but we are not a rich people. some beaches are good since Ngazidja has a large volcanic. I live on the Mwali island but my flag is not on 4chan so it defaults to the international recognized one
>>545889349>US owe 40.5 trillions of $to who ?
What would break if we wiped out all intergovernmet debt to start?
>>545890736Whoever wants to? What are you implying, that only jews have money to finance countries? Its fake, bro. Real people have real money produced by their working hours, not financers with zeros in computers.
>>545890970me
>>545890705The ultra wealthy are so wealthy that they are literally burning money in AI investments just because there is nothing else for them to buy. This money would be better in the hands of lowerclass people who would use it to buy goods and services or achieve social mobility. Real things that help the real economy. Taxing the rich isn't how you pay off the debt it's how we get the kind of growth we need to pay off the debt.>>545890800I mean the rich. We need unrealized capital gains tax on people with more than 10 million in stocks and bring back the 90% upper tax bracket.
>>545891080kek shlomo running damage control after vaccuuming all money in existence "you will own nothing and be happy", surelly this will work on the few retard still owning shit (that you hate)
>>545890664The poor classes are inefficient with creating productive wealth as they are far less economically rational and skilled than the higher classes. They prove to be a bottomless pit for resources that never be satiated and never return on investment on aggregate. Thus, such subsidies would prove temporary as the productive forces are cannibalized. Funneling resources to them only works with a well managed and disciplined plan/quality personnel. This country's system and ideological institutions are shit at uplifting people. The diversity simply overwhelms any attempts as they'd see the natural disparities between ethnic groups arise when subsidies are pushed out alone. That's how I know that leftist will never achieve their golden goose example: China.
Debt to whom? Just don’t pay it back and tell whoever we owe it to to go fuck themselves.
>>545889349We don't. Our money is the principal to debts, aside from Kennedy's EO 11110 red stamp US Notes. The debt is interest bearing, meaning there is always more owed than exists to pay back in totality. It is only in between the borrowing and repaying that our economy exists. If you tried to pay back all the national debt, there would be no money left anywhere shortly after you reached the half-way point. Every time you take out a loan or swipe your credit card, that money comes into existence from the vacuum. Every time you make a debt payment, the principal portion extinguishes out of existence while the interest portion is retained as revenue. The banks have this power through their bank charters as part of the Federal Reserve System, and subject to balance sheet limitations. The only bank which has no such limitations is the Federal Reserve itself, which can conjure unlimited amounts of its own credit to buy up notes, bills, and bonds with at will.
>>545890363i suggest you leave here and instead spend time on your own country's side of the net for a few years then come back, if you stay on here or twitter/reddit all you're going to get is brain worms. stay connected to your people, and more importantly your real life friends, the internet isn't something some psyche's can handle and the more disconnected from real life people the worse it gets for those.
cap home prices make them actually affordable on one income and cap ownership to 1 property to 1 person/coupleid imagine things would get cheaper from that and you can pay people less
>>545889349Who does the U.S. owe it to?
>>545889349It's not 40 trillion. 7 of that is intragovernmental, owed between federal agencies to each other.
>>545891194thank you. I understand what you are meaning. I am a black sheep already on my island but the information I am learning here is unique in some ways. I have always had a mind for the world outside of the ocean where I live but my father also was big on american media and movies. he was a good teacher and taught me to keep my world small or be punished for it. This part of 4chan feels like tiktok so I am trying to find a home to learn more without the constant attack on my brain
>>545889349put all that debt on all the jews then kill all the jews so theres no more debt.
>>545891137What?
>>545889349Default and end the Federal Reserve.Collapse Corp USA and restore the Republic.
>>545889349we just need to keep importing more brown leeches and have retired medicare-consuming boomers live into their 90s. and giving a bit more money to israel wouldn't hurt.
>>545891170>The poor classes are inefficient with creating productive wealth?????????????????? The "super smart ubermensch who earned their wealth on merrit™" are burning money by shoveling it into AI hyper scaling investments right now as we speak.If you take $20 from a billionaire and give it to a poor man he will spend it on goods and services which stimulates the economy, the part that actually matters to people like us.>This country's system and ideological institutions are shit at uplifting peopleYou must be stupid. Go look up Reagan and Neoliberalism and compare the standards of living and the economy before and after.>Durrrrr black peopleJump off a bridge that religious dogma is holding us back. You think just because black people exist nothing can ever get better and vote for the infinite child rape and poverty party. You are too fucking stupid.
>>545891404The Federal Reserve Bank of New York, and other bond holders such as sovereign wealth, other governments, other central banks, etc. The National Debt is the amout of principal out on loan by way of notes, bills, and bonds, to the US Treasury.
>>545891409Oh good. Guess we’re fine now, thanks.HEY EVERYONE, this faggot said we’re fine now so stop worrying
>>545889593>Raise revenues or lower expenditures.You're forgetting option 3, hyperinflate the currency so the debts become meaningless.
>>545889349Bombing every genocidal lunatic that is a major cause of it> Cops and healthcare
>>545891668Need to shut off imports and ensure the money only goes to americans to circulate in a domestic economy.
>>545889730War needs to be declared inside the country not outside it and no fancy jargon meant inside it, say it flatout
>>545891080Much of the work in this economy is largely non-productive and and a bunch of jewish financial trickery.On the interest cap, we did it after ww2 and it ended in massive inflation so we stopped doing it. Japan did it recently in 2016, got hit with massive inflation in 2020, and was forced to stop the experimental policy in 2024. Basically, the government is forced to print, and everyone holding a government bond gets fucked and absorbs the debt. Fucks over any citizenry that doesn't conduct some degree of capital flight or other safe havens.
>>545889349Just default, Shlomo won't do shit.
>>545891193Legally, the Fed can print as many dollars as it wants, but economically it is strictly constrained by inflation. If the Fed creates too much unbacked credit and buys too many assets, the dollar will depreciate. In addition, the Fed is accountable to the U.S. Congress, and by law all of its net profit (after operating expenses) is remitted back to the U.S. Treasury.
>>545889349Nuke Israel :)
>>545891438it's going to be difficult, but as long as you remember the words at the top of /b/ and really really internalize them and expand it to the whole of the internet (i forgot bout tiktok, but really it applies to everywhere online) the better off you'll be, none of the shit on here is real or to be taken seriously.
>>545889349just cancel it? numbers are fake anyway
>>545891311heck just cap property to 1 and i will fucking build it myself in a few year of studying
>>545891807The fuck shlomo gon-ACCCKKK
>>545891807eh, actualy they owe the debt to US citizen (99% jew 1% armerican and foreign investor)And stealing from citizen is what communist do
>>545889349Annex and nationalize federal reserve then cancel our debt
>>545891404me
>>545889548woahrare flag alertR A R EA R ER EEF L A GL A GA GGSuper weird actuallyEither this person is brand new here, or its a bot being run by a programmer using an unused flag to keep watch of the bot, or its someone using a VPN with rare flag for attention.The totality of posts from this flag are yesterday and today. It starts up yesterday back to back posts like a bot. A lot of the posts seem genuine like its a real person though. Very odd.
>>545889349>How can we fix that?Kill all the jews and wipe away the debt
>>545889349It doesn't matter. When paying interest on the debt becomes impossible the USA will simply "restructure" the debt. What this means is they'll simply say "For every $1 we owe, we actually only owe $0.10." This is how most countries deal with bankruptcy. And the idea is, nobody actually cares, because at least the people owning the debt will get SOMETHING at the end of the day, which is preferable to them getting absolutely nothing.Argentina has done this NINE TIMES. The USA recently did this with Puerto Rico. It didn't declare bankruptcy, it declared "financial restructuring", whereby a ton of its debt as simply washed away.I think it's overblown. When it happens the markets and the economy will shit blood for a year or two, but then everything will be "fine".
>>545889349some options>bitcoinGet rid of the debt by abandoning debt based fiat currency>homesteading actGet rid of the need for money>sucessio plebisLeave the bankers to print money to themselves to repay it
>>545891827thank you. I do not know b yet, just sp and int and a few things here on pol. I am a busy usually so I just use internet on the weekends or days I have low work and browse. I feel like a child in a library of Alexandria on here but I can see the comparisons of tiktok and here with many time wasting stuff and temptations. Thank you for the guidance and may you be blessed with the same, I will remember your advice
Perhaps not give tens of billions of dollars to the Jews for them to kill kids?Just an idea.
>>545892030the money didn't exist so not shit they don't care about losing it.But now it do exist on some elite pocket that stole all the debt money
>>545889349Fix social security and increase revenue. There's no reason working people trying to build wealth should give the most money to the non-working, independently wealthy retirees.
>>545892030The U.S. Code does not contain a bankruptcy procedure for the state itself. A unilateral haircut on U.S. Treasury bonds would mean a direct legal default, undermining confidence in the world's reserve currency and a collapse of the financial system—not 'a year or two of hardship, after which everything will be fine.'
>>545889349For what? Just ignore it.
>>545892030>It doesn't matter. Money = Power. Never forget.
>>545889491this. we need to work harder to be more in debt to them
>>545891404More than half (~56%) is held/bought by banks, the federal reserve, investors+groups (most holders in this category), local governments. Among these some are required to buy bonds like banks.One of the other smaller half (~20%) is split between the federal government itself in trust funds relating to social security, healthcare, and government employees.The res t(~20%) are held by foreign countries like Japan, China, the UK, Luxembourg/Caymen Islands (tax havens).Obviously private buyers have the most flexibility when it comes to buying and selling bonds. Some institutions are legally forced to buy/hold bonds like banks and government trust funds.
>>545889548zero fuck all impact.
>>545891916You won't do shit Shlomo.
>>545889349Tax cuts for the 1%. You'll keep voting for it for the rest of your life like a good wagie.
>>545889349The current inflation in the U.S., the highest in several years, is essentially an echo of attempts to solve the debt problem. A gradual depreciation of the dollar is for them—whether consciously or out of necessity - a controlled way to reduce the debt burden so as not to drive the situation to a catastrophic collapse.In the event of a default on government debt, the United States will one way or another have to devalue the dollar, and this means a fall of tens of percent.
>>545892654Schlomo did in fact do shit by flooding our countries with browns to prop up the boomer economy.
>>545892741You wouldnt have to listen to him if you just cancelled the debt. Cant hold debt over your head if you simply cancel it
>>545892630as a common citizen type of thing? does your life change at all depending on the number?
>>545889349luigi some politicians
>>545891988Satellite internet is a new thing here but I am lucky enough to have it early and already have knowledge of this place thanks to pepe image haha. No posters have visited here before me?
> attempts to solve the debt problem
>>545892817We'd still have new debt from all the boomer spending. Though, maybe they'd perish once all their savings and stocks explode from such an event.
>>545889548ULTRA RARE
>>545892955Your flag is rarer than Frenc Antarctic Territory and North Korea...
>>545893075I do not know how to track that but no other Como posters have been here before? I am already an outlier in my country and live on a rural island so I would not be surprised. I like to just see outside world. I was always curious but now that I am independent I spend free time exploring on the web. I purchased a good computer last year and it took me many days to navigate the web to find this but I am glad. It is a lot though. It feels like information overload but my father taught me and my brother well on lies and truth so I am cautious. Also google translate helps me a lot
>>545893042Just cancel it.
>>545889349.Pay what you owe with me via, and I might solve it.
>>545892955>No posters have visited here before me?zeroNot a single post in the archives from Comoros flag up until yesterday.
>>545894070I feel violate as you say? haha. I actually am in an autonomous part and my flag doesn't show but defaults to the national one I suppose? Sorry, my English is weak. My country flag shows all islands as one but the one I am in is the image
>>545889349>government jews owe bank jews ten gazillion pretend jew papersNot my problem
>>545889349We can't. America's fucked, just debtmaxx until the bubble pops.
>>545889349Why tf would you fix it? It’s better just to keep debt piling up vs the other way around back to the trade and barter days of the stone age lmao fucking /pol/kiddos
>>545889491Null contract under clause failure and rico due to hart celar act, both new sides are mafias, Hollywoodleft AND Zionistright.
Satania-chan!
war for israel and after 40 million deaths we get to reset our debt and immediately add 10 trillion to the reset debt and start again.white men only, though. someone will need to breed the new Americans and the Mexicans have that on cruise control. The only issue here is that the jeet "doctors" will inevitably kill several million Mex-Muricans by accident, but the Mexicans will just drink a few more modellos, rev the truck, and fuck lil conseula harder.
>>545889349Destroy the value of the dollar and then it becomes easier to pay off.
>>545895173And old, white people and their retarded kids faking disabilities for state and gubmint checks and electronic wheelchairs get what you fucking deserve rotting away like the useless eaters you are LMAO
>>545889349if you ''fixed" it , nobody would have a dollar left
Raise social security cap.
>>545894987
Print 40.5 trillion and pay it off!!!!!!! Fucking idiots!
>>545889349government takes billions and invests it in crypto, XRP to be more specific to act as a global reserve currency. Why?XRP is at 1.11 right now and the company that owns it (Ripple) is developing cross chain bridge transaction networks that would allow more transactions to be made. And because XRP isn't like any other stock and goes basely off of amount of transactions, the traditional rules dont apply.Say gov invests and gets 10 billion XRP and XRP goes to $10,000 per coin. That's 100 trillion dollars. With that, we would be out of the debt and have a 60 trillion surplus.Crypto is the way out of the debt.
>>545889548That is one fruity ass looking flag bro.What even is it?I hate being a phone fag bcuz I cant check easily
>>545895891I am new here, but even I can tell you ,read the thread...faggot. lmao
>>545895891some island in Africa. Surprised nobody called him nigger yet>>545895984welcome to 4chan nigger! lmao
>>545896747cheers
>>545890970>to who
