You are viewing a single comment's thread from:RE: Knowledge of History + Economics = Disbelief in GovernmentView the full contextView the direct parentjplaughing (59)in #dmania • 7 years ago It never needs, yes. However, it does. Otherwise it would not be such a thing as national debt.
"Debt" is a misnomer. Nobody actually owes it. It's just money that's out there. The government could drop interest rates to zero and federal taxes to almost nothing and have no problem in continuing to spend.