Trump: Get the big, beautiful bill to my desk ASAP | Crypto Craft
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Vancarbon
Jun 24, 2025 10:44am
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Quoting woody70
{quote} News flash: as long as you have paper and a printing press, you can NEVER go bankrupt.
Printing has consequences .

Yes , I kind of like the sound of it .

Zimbabwean US dollars

They finally gave up when they had to make the 100 Trillion Dollar bill. It was worth about $150 U.S.
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Vancarbon
Jun 24, 2025 11:15am
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Quoting woody70
{quote} Until the U.S is dropped from the reserve currency role let the printing presses run overtime.
Well this government is doing its best to undermine its reserve status . You might get your wish
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Vancarbon
Jun 24, 2025 12:21pm
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Joking aside .

When the world’s richest man tells you the debt is unsustainable , you’d better listen .

When the world’s richest man , the world’s most powerful bank ( Fed ) and the IMF tell you it’s unsustainable , well , then you’d better worry .

What’s even more farcical is the amount about to be added to the “ already “ unsustainable debt to the tune of 2.5 trillion in 10 days time.
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woody70
Jun 24, 2025 10:54am
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Quoting Vancarbon
{quote} Printing has consequences . Yes , I kind of like the sound of it . Zimbabwean US dollars They finally gave up when they had to make the 100 Trillion Dollar bill. It was worth about $150 U.S.
Until the U.S is dropped from the reserve currency role let the printing presses run overtime.
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Vancarbon
Jun 24, 2025 5:24pm
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Quoting axecap
{quote} Maybe you make a very minor point, but you forget the good news. When you have the worlds best deal maker, making everything bigger and better.....you just out run the debt, with a bigger economy. No one will have to pay, not even taxes....just dont look back. What does unsustainable really mean? Everything is sustainable, buy the dip, make more make it great!
Maybe you’re not quite grasping the maths, maybe you are . It’s certainly not a minor point .


US debt dynamics look scary.

Effective policy is critical . The problem for Treasuries is a 3% primary deficit plus 3% interest rate costs exceeds the typical 4.5% GDP expansion. That broadly equates to an ongoing 1.5% increase in the debt/GDP ratio. And this continues forever unless the primary deficit is cut.

You can't outgrow the debt, hence it’s unsustainable.
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axecap
Jun 24, 2025 5:01pm
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Quoting Vancarbon
Joking aside . When the world’s richest man tells you the debt is unsustainable , you’d better listen . When the world’s richest man , the world’s most powerful bank ( Fed ) and the IMF tell you it’s unsustainable , well , then you’d better worry . What’s even more farcical is the amount about to be added to the “ already “ unsustainable debt to the tune of 2.5 trillion in 10 days time.
Maybe you make a very minor point, but you forget the good news. When you have the worlds best deal maker, making everything bigger and better.....you just out run the debt, with a bigger economy. No one will have to pay, not even taxes....just dont look back. What does unsustainable really mean? Everything is sustainable, buy the dip, make more make it great!
axecap
Jun 24, 2025 6:57pm
Permalink
Quoting Vancarbon
{quote} Maybe you’re not quite grasping the maths, maybe you are . It’s certainly not a minor point . US debt dynamics look scary. Effective policy is critical . The problem for Treasuries is a 3% primary deficit plus 3% interest rate costs exceeds the typical 4.5% GDP expansion. That broadly equates to an ongoing 1.5% increase in the debt/GDP ratio. And this continues forever unless the primary deficit is cut. You can't outgrow the debt, hence it’s unsustainable.
I was being sarcastic....of course its the whole point. I was pretending to be American for a minute.
the maga chant is run it hot....debt wont be an issue....of course this is unsustainable
woody70
Jun 24, 2025 10:29am
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Quoting Vancarbon
Found this : Don’t know who said it , maybe someone on this site . “It will massively increase the already gigantic budget deficit to $2.5 trillion (!!!) and burden America citizens with crushingly unsustainable debt.” “Congress is making America bankrupt “
News flash: as long as you have paper and a printing press, you can NEVER go bankrupt.
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Tradex.FX
Jun 24, 2025 11:02am
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Make crypto great again. ALT BULLISH
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EXgoldTrader
Jun 24, 2025 9:14am
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Good!
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Trader#A306
Jun 24, 2025 9:14am
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Whoa here! Epstein list first.
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Trader#AED8
Jun 24, 2025 9:18am
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NPCS cheering for their demise.
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Trader#411E
Jun 24, 2025 9:19am
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Hahahahaha
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Trader#E132
Jun 24, 2025 9:20am
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old narcissistic turkey
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Trader#802E
Jun 24, 2025 9:54am
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BBB is not about debt. It's about 1776. Consolidation of power to the executive from the congress. gees go read it the bill.
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