Post
Topic
Board Economics
Re: US Debt Has Exploded
by
iternetuser
on 15/02/2016, 19:39:27 UTC
All new money = debt. All debt comes with interest. Therefore there is not enough money to pay back the debt.

Money supply must be constantly increased to pay back old debt. Money supply can only be increased by going further into debt.

why do people keep repeating this myth? Its a zero sum game...