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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 1:18 pm to
Posted by Purple Spoon
Hoth
Member since Feb 2005
17929 posts
Posted on 5/10/24 at 1:18 pm to
Explain to me like I’m 5,

Why do the people who have all the money not seem to care? We are talking about generational wealth being wiped out for whole lot of people. Why are the people who are at the most risk seeming care free?
Posted by RiverCityTider
Jacksonville, Florida
Member since Oct 2008
4445 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.
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