• UnderpantsWeevil@lemmy.world
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    3 hours ago

    They’ve got to get enough to cover

    Brother, those are treasuries. Nobody is trying to “pay back all the treasuries” except a dozen or so crank libertarianism obsessed with Free Banking.

    We’ve never missed a treasury payment in large part because we can’t miss a payment (unwillingly) when we print our own money.

    Anyone who claims we can’t pay back the National Debt is either ignorant or lying

    • Digit@lemmy.wtf
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      3 hours ago

      That was intended whimsically.

      But also,

      The FED’s federal in name only.