Talk of The Villages Florida - View Single Post - At what point does debt become unsustainable?
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Old 07-05-2024, 08:59 AM
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Originally Posted by golfing eagles View Post
I don't know where people get that idea from. We don't just print up extra money---we BORROW it---mostly from ourselves, some from other countries. Last I heard it was 15% international ownership---someone above posted 30%---it may have reached that by now. But the concept that someone in the Bureau of Printing and Engraving is working the presses overtime is nonsense

“Countries keep printing money to get over the short term problem but debt has to be repaid or deflated”. Quoted for PhD in finance.

What’s your degree in ? Several branches of government covert activities just print money under table not accountable to anyone.