\
  The most prestigious law school admissions discussion board in the world.
BackRefresh Options Favorite

Explain how the “national debt” works and how it can “bankrupt America”

...
Lilac Impertinent Shitlib
  06/04/25
literally no one has any clue and there's only one way to fi...
Vigorous philosopher-king sanctuary
  06/04/25
apparently these countries that depend on us for military su...
Free-loading kitchen
  06/04/25
Also we can print the money.
comical mad cow disease church
  06/04/25
Biden already tried that and it just made everyone poorer. ...
Free-loading kitchen
  06/04/25
what if we just had money that fucking worked 🤔
sick deep jewess
  06/04/25
1. Once we can't raise enough money to both fund the governm...
Cordovan Apoplectic Senate
  06/04/25
The Fed will just buy our bonds before that happens, so we w...
violent milk
  06/04/25
Oh, I see. So I should buy gold?
Cordovan Apoplectic Senate
  06/04/25
I'd personally lean towards findings good real property deal...
violent milk
  06/04/25
I'm thinking of Land rn. Then I can just do Nothing
Spectacular copper den patrolman
  06/04/25
Cr. Just keep increasing your income to compensate
submissive bonkers crackhouse
  06/04/25
In practice they're going to need an "excuse" befo...
Spectacular copper den patrolman
  06/04/25
is the international court of bankruptcy run by countries wh...
Free-loading kitchen
  06/04/25
I'm not sure who runs it. But I have an idea...
Cordovan Apoplectic Senate
  06/04/25
mormons?
Free-loading kitchen
  06/04/25
A country can't be bankrupted per se by debt it owes in its ...
violent milk
  06/04/25
anyways gotta go.
fragrant regret
  06/04/25
Imagine what this would do to Tri-State COL....
Spectacular copper den patrolman
  06/04/25
😱
Underhanded hateful elastic band public bath
  06/04/25
Just print the money in secret and don’t tell anyone a...
Fighting garrison brethren
  06/04/25
You can do that?
Ruddy Psychic Boistinker
  06/04/25
Same shit as any other day. Bunch of kikes screaming "y...
motley wine striped hyena locus
  06/04/25
Idk but it sure is important to conservatives whenever they ...
buck-toothed menage pistol
  06/04/25


Poast new message in this thread



Reply Favorite

Date: June 4th, 2025 7:13 PM
Author: Lilac Impertinent Shitlib



(http://www.autoadmit.com/thread.php?thread_id=5733434&forum_id=2)#48987335)



Reply Favorite

Date: June 4th, 2025 7:14 PM
Author: Vigorous philosopher-king sanctuary

literally no one has any clue and there's only one way to find out that's whats so 180 about this

(http://www.autoadmit.com/thread.php?thread_id=5733434&forum_id=2)#48987337)



Reply Favorite

Date: June 4th, 2025 7:16 PM
Author: Free-loading kitchen

apparently these countries that depend on us for military support and in general rely on us to provide/pay for global stability so they don't have to be fully third world also lend us a bunch of money that we totally need to pay back with adjustable rate mortgages and we can't just tell them to fuck off.

(http://www.autoadmit.com/thread.php?thread_id=5733434&forum_id=2)#48987344)



Reply Favorite

Date: June 4th, 2025 7:17 PM
Author: comical mad cow disease church

Also we can print the money.

(http://www.autoadmit.com/thread.php?thread_id=5733434&forum_id=2)#48987348)



Reply Favorite

Date: June 4th, 2025 7:18 PM
Author: Free-loading kitchen

Biden already tried that and it just made everyone poorer. I like my way better.

(http://www.autoadmit.com/thread.php?thread_id=5733434&forum_id=2)#48987349)



Reply Favorite

Date: June 4th, 2025 7:19 PM
Author: sick deep jewess

what if we just had money that fucking worked 🤔

(http://www.autoadmit.com/thread.php?thread_id=5733434&forum_id=2)#48987350)



Reply Favorite

Date: June 4th, 2025 7:20 PM
Author: Cordovan Apoplectic Senate

1. Once we can't raise enough money to both fund the government and pay the interest on the bonds, we'll have to default on portions of the outstanding debt.

2. ??

3. Bankrupt America

(http://www.autoadmit.com/thread.php?thread_id=5733434&forum_id=2)#48987356)



Reply Favorite

Date: June 4th, 2025 7:22 PM
Author: violent milk

The Fed will just buy our bonds before that happens, so we won't default, just inflate the debt away.

(http://www.autoadmit.com/thread.php?thread_id=5733434&forum_id=2)#48987361)



Reply Favorite

Date: June 4th, 2025 7:23 PM
Author: Cordovan Apoplectic Senate

Oh, I see. So I should buy gold?

(http://www.autoadmit.com/thread.php?thread_id=5733434&forum_id=2)#48987362)



Reply Favorite

Date: June 4th, 2025 7:25 PM
Author: violent milk

I'd personally lean towards findings good real property deals. But there's an annoyance factor in dealing with that kind of stuff, so I just plan to earn enough money so I can live comfortably even with inflation.

(http://www.autoadmit.com/thread.php?thread_id=5733434&forum_id=2)#48987368)



Reply Favorite

Date: June 4th, 2025 7:55 PM
Author: Spectacular copper den patrolman

I'm thinking of Land rn. Then I can just do Nothing

(http://www.autoadmit.com/thread.php?thread_id=5733434&forum_id=2)#48987421)



Reply Favorite

Date: June 4th, 2025 9:23 PM
Author: submissive bonkers crackhouse

Cr. Just keep increasing your income to compensate

(http://www.autoadmit.com/thread.php?thread_id=5733434&forum_id=2)#48987643)



Reply Favorite

Date: June 4th, 2025 7:51 PM
Author: Spectacular copper den patrolman

In practice they're going to need an "excuse" before they do something like that.

Also our military seems kind of dumb. Drones might close some of the gap. I don't know if we can go around saying "retherve currenthy" forever but idk

(http://www.autoadmit.com/thread.php?thread_id=5733434&forum_id=2)#48987411)



Reply Favorite

Date: June 4th, 2025 7:48 PM
Author: Free-loading kitchen

is the international court of bankruptcy run by countries whose national defenses we fund going to issue an injunction or something or can we just tell them to pound a dick?

(http://www.autoadmit.com/thread.php?thread_id=5733434&forum_id=2)#48987403)



Reply Favorite

Date: June 4th, 2025 7:52 PM
Author: Cordovan Apoplectic Senate

I'm not sure who runs it. But I have an idea...

(http://www.autoadmit.com/thread.php?thread_id=5733434&forum_id=2)#48987415)



Reply Favorite

Date: June 4th, 2025 7:53 PM
Author: Free-loading kitchen

mormons?

(http://www.autoadmit.com/thread.php?thread_id=5733434&forum_id=2)#48987416)



Reply Favorite

Date: June 4th, 2025 7:21 PM
Author: violent milk

A country can't be bankrupted per se by debt it owes in its own currency, since it can always print money to cover the debt. But that will cause massive inflation as sure as night follows day, so as long as you are ok with your money having much less purchasing power in the future then you should be fine with the debt.

(http://www.autoadmit.com/thread.php?thread_id=5733434&forum_id=2)#48987358)



Reply Favorite

Date: June 4th, 2025 7:24 PM
Author: fragrant regret

anyways gotta go.

(http://www.autoadmit.com/thread.php?thread_id=5733434&forum_id=2)#48987366)



Reply Favorite

Date: June 4th, 2025 7:53 PM
Author: Spectacular copper den patrolman

Imagine what this would do to Tri-State COL....

(http://www.autoadmit.com/thread.php?thread_id=5733434&forum_id=2)#48987417)



Reply Favorite

Date: June 4th, 2025 7:55 PM
Author: Underhanded hateful elastic band public bath

😱

(http://www.autoadmit.com/thread.php?thread_id=5733434&forum_id=2)#48987422)



Reply Favorite

Date: June 4th, 2025 9:33 PM
Author: Fighting garrison brethren

Just print the money in secret and don’t tell anyone about it

(http://www.autoadmit.com/thread.php?thread_id=5733434&forum_id=2)#48987675)



Reply Favorite

Date: June 4th, 2025 9:35 PM
Author: Ruddy Psychic Boistinker

You can do that?

(http://www.autoadmit.com/thread.php?thread_id=5733434&forum_id=2)#48987677)



Reply Favorite

Date: June 4th, 2025 9:25 PM
Author: motley wine striped hyena locus

Same shit as any other day. Bunch of kikes screaming "you owe!" just don't listen and tell them to fuck off back to their tunnels. Wtf are they going to do go become chinks? Fuck off back to Israel? I paid for that. They can get fucked.

(http://www.autoadmit.com/thread.php?thread_id=5733434&forum_id=2)#48987649)



Reply Favorite

Date: June 4th, 2025 10:24 PM
Author: buck-toothed menage pistol

Idk but it sure is important to conservatives whenever they aren’t in power!

(http://www.autoadmit.com/thread.php?thread_id=5733434&forum_id=2)#48987819)