True. But that money has to be paid back sometime. So it still coems from taxpayers.
It doesn't have to be paid back, nor are the taxpayers on the hook. This simply isn't the case now that's we're no longer on a gold standard/convertible currency. Soft currency is a different operational ball game.
Wow, so we could just spend into oblivion with no repercussions at all! Darn, million-dollar checks for everyone else.
Sorry, pal. You've blown your credibility with this one.
We've been spending into oblivion without repercussions for a Century. I'm a bit skeptical that the Debt is not a farce.
It's giggle worthy when people mention China in their rhetoric regarding the debt, too. We've borrowed such a small % of our debt from China that it's the biggest tell when someone is talking about the debt & doesn't know what the fuck they're saying.