Lee Duna@lemmy.nz to News@lemmy.worldEnglish · 1 year agoU.S. national debt surpasses $34 trillionwww.upi.comexternal-linkmessage-square34fedilinkarrow-up1113arrow-down114
arrow-up199arrow-down1external-linkU.S. national debt surpasses $34 trillionwww.upi.comLee Duna@lemmy.nz to News@lemmy.worldEnglish · 1 year agomessage-square34fedilink
minus-squaremetaStatic@kbin.sociallinkfedilinkarrow-up18arrow-down1·1 year agoAll money is currently debt. Every dollar in existence is owed to someone at interest. This is functionally the same as saying we have a lot of money.
All money is currently debt. Every dollar in existence is owed to someone at interest.
This is functionally the same as saying we have a lot of money.