http://www.usdebtclock.org/
Why does no one care about this
because of jew propaganda
https://www.youtube.com/watch?v=UwKZVPYssOg
Only private debt matters not public debt
public debt can be monetized private debt can't.
>>70619134
Because it means nothing and it is just a political argument.
People always fail to understand that governments are immortal entities(more or less)
racking up debt means nothing with fiat money.
Every government owes money to others because that is how the current global economic system works.
>>70619458
Implying monetizing public debt has no consequences. See end of Spanish empire and French revolution.
Monetizing public debt leads to inflation, leads to increase in poverty as wages don't follow. Increase in poor class leads to revolution.
>>70619134
The US debt is why the petro-dollar is important and why you invaded Libya and Iraq. Oil payments are globally transacted in dollars > neverending demand for dollars > low interest rate for US.
When petro-dollar stops, demand for dollar drops > US interest rates increase > US debt unsustainable with higher interest rates > US starts printing more money > countries have no need for dollars and become unwilling to buy US securities with rising insecurity >> spiral down to crash of the dollar.
Saddam wanted oil payments in Euro, Khadaffi wanted oil payments in gold. Now they are dead and their countries reduced to rubble. And you cunts believe America is bringing freedom lol.
>>70619633
>monetizing public debt has no consequences
Spain and France had no control over the currency because they were based on gold.
Inflation is generally good as it creates demand and it can be controlled if you have a central bank.
The only problem is hyper inflation which isn't much of a problem unless you're Germany and being forced against your will to print in the 1930s to pay war debts or you are run by niggers (Zimbabwe)
>>70619134
Because Americans can just come to Europe and say "carry our shit or we nuke u"
>>70619633
the dollar isnt pegged to gold like your examples.
It could turn into a problem if there was a serious attack in the US dollar in currency markets, but thats really, really, really unlikely.
You should be worried about public debt like the other anon said, not public debt, at least not for now
>>70619611
But it doesn't work. Savings have been made utterly worthless by infinite money printing. It's fake and nobody wants to deal with it.
>>70619801
This guy gets it. It's why we do need a military because forcing that shits all we got to keep our economy up.
>>70619134
Because most Americans are retarded. They don't realize that they're rapidly becoming Greece.
It's going to be amazing when interest rates go up. That's the real happening of our times. You can thank socialism for that.
>>70619801
t. komrade Korbyn
Dollar can function properly even without oil wars.
It's about purchasing power of it and how is it relevant in business other than petro business.
Mainly purchasing power depends on host's economy "how it will repay its obligations" not how many countries it bombed for oil.
>>70620537
You should take a look at Eurozone.
Its economy is stalling even with negative interest rates. People won't borrow money from banks and start business, buy real estate because it's not worth it because of even more tightening regulations and bureaucratical "EU standard" burden.
>>70619955
US middle-class has been slowly wiped out since 1950s. Process goes slower without hyper-inflation, but current low interest rates depend upon the FED continuously printing money.
They are already in a catch-22 in both EU and Europe where not printing money will increase interest rate due to low demand for govt bonds and printing money will interest rates eventually even more when they do stop printing.
Cannot print money forever or you will see snowball effect on how much they need to print.
>>70622299
>US middle-class has been slowly wiped out since 1950s
THat is not due to inflaiton
middle class is being wiped out due to low wages caused by
1. outsourcing
2. mass immigration
3. financialization (debt based economy)
this has nothing to do with inflation or the public debt.
>>70622299
>but current low interest rates depend upon the FED continuously printing money.
FED money printing exists only to give handouts to banks and create a stock bubble it has nothing to do with the real economy and there is little to no affect. Inflation is at all time lows while the economy is still soaked in debt and wages are stagnant.
Gee this gets overstated a lot. The only thing that matters is the Debt to GDP ratio. While the US' isn't good at 103%, here are some other countries debt to GDP:
Luxembourg: 3,443% (You read that right)
Iceland: 724%
United Kingdom: 569%
Singapore: 408%
Netherlands: 316%
Belgium: 266%
Switzerland 229%
France: 222%
Sweden: 200%
>>70620537
And your precious Spain: 167%
You get the picture
>>70622516
Those have an effect as well, but inflation has the side-effect of keeping people happy as they see their wages increase year on year.
>>70622603
You think that money that is stacked up there never makes its way to real economy in way of bankers getting paid etc.? It's slowed down, but it happens.
>>70619134
Cause it will never been paid.
>>70622752
All of them monarchies, besides France, stealing money for kingdom. King and queens be hungry for gold.
>>70622752
>Iceland
>Singapore
>Switzerland
>Monarchies
>>70623110
Meant to be to >>70622996
>>70622752
Govt income in those countries is a much bigger % of GDP than the US. Should not be Debt to GDP, but Debt to govt income / Interest payments as part of govt expenditure.
>>70622752
Where the puck did you get these numbers?
>>70619458
>implying public debt to GDP is meaningful
>not looking up net worth of the US
>>70623110
Iceland had a financial crisis, Singapore was under British Empire and they still have ties, like Hong Kong and Switzerland is the international bank where Jews and monarchs deposit their hidden stash of money, when they are not inventing bird flu fake medicine or similar frauds.
>>70623141
So effectively the US government has the ability to raise taxes/lower expenditure to solve their debt crisis, whereas the options for the other countries are much more limited.
>>70623217
https://www.cia.gov/library/publications/the-world-factbook/fields/2079.html#42
>>70623323
Singapore have been independent for 50 years, and were only got independence four years into Lee Kuan Yew rule. This was well before they became the developed nation that they are today. Further, the whole world had a financial crisis in 2008 (perhaps excluding China), albeit perhaps not as severe as Iceland, that does not justify a 724% Debt to GDP ratio.
>>70619134
Is it possible to purchase US state debt for garbage prices as an investment for my future offspring if they ever start paying it off?
>>70623571
First language in Singapore is English and foreign influences are all over the place. They say Hong Kong is only independent on paper, while Singapore speaks English and they only like the capitalistic aspect of China. Singapore now has dollars and lots of white foreigners in CEO seats.
FUCK ME ARTHIEJTGHweoighEPOIGHEOIHGJwpiog
>>70622830
>wages increase year on year.
not real wages
>>70622830
Of course it doesn't
It all goes into wall street/is hoarded
http://www.bloomberg.com/news/articles/2015-02-23/bofa-leads-charge-into-bonds-as-banks-build-2-trillion-hoard
>>70623286
>implying public debt to GDP is meaningful
I said it wasn't
>>70624475
wrong thread
>>70622752
>Iceland: 724%
kill me desu senpai
why is the UK so indebted though?
>>70623571
>albeit perhaps not as severe as Iceland
topkek understatement of the year
there is precisely one country that was as hard hit or even more so and that is Greece
and even there their banking system wasn't nearly as devastated
>>70621094
>blaming regulations for the recession
Nice meme.
>>70625844
Greece is pretty much run by foreigners. The only reason why crisis ended so fast and out of nowhere in EU countries was because the crisis itself was created by international system to buy our banks and industry, when we sold it then it stopped. It stopped when they got what they wanted to get. There is a stock problem in China for the same reason, but their situation is little different, since they are more independent.
>>70619134
Money doesn't actually exist.
>>70624487
Nominal wages is what I was talking about. They have a psychological effect on people.
It's a ridiculous belief that all the money is hoarded.
>print money
>give to banks
>banks buy stock
>option1: stock bought from other trader/bank, they re-invest
>option2: Company issues more stock, company receives a lot of funding and expands, invests, pays wages.
It's a bit slowed down, but it reaches the real economy.
>>70619134
I hate people who do these graphics with colours, I can't fucking identify them, the same with maps. Fuck off who did this, I hope they die.
>>70619801
I wonder if the US will be able to adapt now that alternative energy is starting to become a thing.
>>70619134
pay debnts
>>70619287
ironic hat you link to a VOX video which is jewish propaganda
The debt literally cannot ever be paid under the current system, there will always be more debt than there is currency in existence.
>>70619134
As you can see, the debt is mostly to US banks and bond holders. When these same bond holders keep voting them into office to expand the debt, where is their incentive to stop?
>>70619458
Public debt is ALREADY monetized. It expands the money supply as it is incurred. This does not "cause" inflation. It IS inflation - which is just a well hidden form of taxation.
>>70622516
Accurate, except that one of the metrics the Fed uses to excuse their money printing is the unemployment rate. I don't believe unemployment rate manipulation should appear anywhere in the Fed's strategy, but it does.
>>70628566
Brazil color monitors when?
