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When you're the most powerful and richest nation on earth, debt doesn't exist. In any case, most of the trillion dollars of debt we owe, is money we owe to ourselves in the Federal Reserve. If we need money, we just print it.
It does fluctuate during the course of a year. It dipped the first month or two of Mr. Trump's presidency, and will (hopefully) dip down again. I know little about this subject, save that it dips during periods when money flows into the Treasure (such as tax time), and rise at other times.
However, there is no doubt that the debt is going up on an annual basis.
When you're the most powerful and richest nation on earth, debt doesn't exist. In any case, most of the trillion dollars of debt we owe, is money we owe to ourselves in the Federal Reserve. If we need money, we just print it.
Richest? Defined how? We've been borrowing money for years and have no feasible plan to pay it back.
Richest? Defined how? We've been borrowing money for years and have no feasible plan to pay it back.
Quote:
Originally Posted by berdee
Nor the wildfires in the west and northwest.
Aww shucks guys... common sense kills another one...
Dang that Trump with his hurricane button and joystick to steer them...
And going out and lighting fires on the west coast...
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