☆ Yσɠƚԋσʂ ☆@lemmy.mlM to United States | News & Politics@lemmy.ml • 6 months ago

US government debt is on track to surpass $50 trillion by 2033. That means $5.2 billion is piling up every day.

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US government debt is on track to surpass $50 trillion by 2033. That means $5.2 billion is piling up every day.

☆ Yσɠƚԋσʂ ☆@lemmy.mlM to United States | News & Politics@lemmy.ml • 6 months ago

"Central banks may simply bail out governments in coming years via quantitative easing and the introduction of yield curve control," BofA said.

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aberrate_junior_beatnik@midwest.social
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6 months ago
Oh no, the United States may one day have to repay a debt measured in United States dollars, whatever shall we do

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- ☆ Yσɠƚԋσʂ ☆@lemmy.ml
  hexagon
  M
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  6 months ago
  print more money and devalue the currency obviously
  
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