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re: Interest on the debt is 60% of the Amount taken in by the Treasury in February

Posted on 5/10/24 at 1:22 pm to
Posted by RiverCityTider
Jacksonville, Florida
Member since Oct 2008
4437 posts
Posted on 5/10/24 at 1:22 pm to
I would say because inflation tends to enrich the wealthy and devastate the poor and middle class.
Posted by cardboardboxer
Member since Apr 2012
34342 posts
Posted on 5/10/24 at 2:17 pm to
And Bitcoin has had a 108.27% compound annual growth rate since 2011.
Posted by ronricks
Member since Mar 2021
7103 posts
Posted on 5/10/24 at 2:26 pm to
Someone put it best on the Money forum this morning I'm not sure any of this matters anymore and it sure as hell makes no sense. None of our monetary policies the last 20 years make sense.
Posted by BlackPawnMartyr
Houston, TX
Member since Dec 2010
15343 posts
Posted on 5/10/24 at 3:29 pm to
You already it see it around the world. Many countries have created De-dollarization committees with the assigned task to find a plan to dump the dollar.
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