The most prestigious law school admissions discussion board in the world.
|
 |
 
|
Explain how the “national debt” works and how it can “bankrupt America”
Poast new message in this thread
Date: June 4th, 2025 7:13 PM Author: Maroon volcanic crater toilet seat (http://www.autoadmit.com/thread.php?thread_id=5733434&forum_id=2#48987335) |
Date: June 4th, 2025 7:14 PM Author: jet black woman 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) |
|
Date: June 4th, 2025 7:16 PM Author: beady-eyed bronze locus mad cow disease 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) |
 |
Date: June 4th, 2025 7:17 PM Author: Bateful boltzmann Also we can print the money. (http://www.autoadmit.com/thread.php?thread_id=5733434&forum_id=2#48987348) |
|
Date: June 4th, 2025 7:18 PM Author: beady-eyed bronze locus mad cow disease 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) |
|
Date: June 4th, 2025 7:19 PM Author: ungodly roommate what if we just had money that fucking worked 🤔 (http://www.autoadmit.com/thread.php?thread_id=5733434&forum_id=2#48987350) |
|
Date: June 4th, 2025 7:20 PM Author: Puce death wish 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 |
|
Date: June 4th, 2025 7:22 PM Author: Ultramarine Heady Base 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) |
|
Date: June 4th, 2025 7:23 PM Author: Puce death wish Oh, I see. So I should buy gold? (http://www.autoadmit.com/thread.php?thread_id=5733434&forum_id=2#48987362) |
|
Date: June 4th, 2025 7:25 PM Author: Ultramarine Heady Base 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) |
|
Date: June 4th, 2025 7:55 PM Author: Burgundy odious round eye menage 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) |
|
Date: June 4th, 2025 9:23 PM Author: spectacular forum Cr. Just keep increasing your income to compensate (http://www.autoadmit.com/thread.php?thread_id=5733434&forum_id=2#48987643) |
|
Date: June 4th, 2025 7:51 PM Author: Burgundy odious round eye menage 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 |
|
Date: June 4th, 2025 7:48 PM Author: beady-eyed bronze locus mad cow disease 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) |
|
Date: June 4th, 2025 7:52 PM Author: Puce death wish 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) |
|
Date: June 4th, 2025 7:53 PM Author: beady-eyed bronze locus mad cow disease mormons? (http://www.autoadmit.com/thread.php?thread_id=5733434&forum_id=2#48987416) |
|
Date: June 4th, 2025 7:21 PM Author: Ultramarine Heady Base 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) |
|
Date: June 4th, 2025 7:24 PM Author: cheese-eating giraffe anyways gotta go. (http://www.autoadmit.com/thread.php?thread_id=5733434&forum_id=2#48987366) |
|
Date: June 4th, 2025 7:53 PM Author: Burgundy odious round eye menage Imagine what this would do to Tri-State COL.... (http://www.autoadmit.com/thread.php?thread_id=5733434&forum_id=2#48987417) |
|
Date: June 4th, 2025 7:55 PM Author: irradiated cordovan set 😱 (http://www.autoadmit.com/thread.php?thread_id=5733434&forum_id=2#48987422) |
|
Date: June 4th, 2025 9:33 PM Author: charcoal corn cake nursing home 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) |
|
Date: June 4th, 2025 9:35 PM Author: stimulating stag film ceo You can do that? (http://www.autoadmit.com/thread.php?thread_id=5733434&forum_id=2#48987677) |
|
Date: June 4th, 2025 9:25 PM Author: free-loading psychic space 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) |
|
Date: June 4th, 2025 10:24 PM Author: domesticated jew pit 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) |