Post
Topic
Board Economics
Re: America set to borrow nearly $1 trillion this year, an 84 percent jump from 2017
by
Hydrogen
on 04/03/2018, 22:47:19 UTC
It is possible that this is behind the plan to increase inflation in order to write off debts.

This is a pretty good idea. At present, the debt of developed countries like the United States and Japan is too large and they are constantly borrowing to maintain the economy of the country.

There is a chance that "BIG DEBT" in the united states (and the rest of the world) is a result of profiteering and gluttony. The US government funds projects like the $1 trillion dollar F-35 contract. That $1 trillion dollars goes to wall street and one percenters who are the majority stake holders in northrop grumman and other defense contractors.

Its may not be the economy which is being maintained, rather a standard for wealth redistribution from poor to middle class taxpayers to top bracket earners. The big debt which in theory is supposed to save humanity, fix the economy and have other positive tangible benefits has a curious tendency to find its way into the pockets of fat cats.

Maybe that's a topic we can discuss more.