Post
Topic
Board Economics
Merits 4 from 1 user
Re: US Americans can now donate towards reducing national debt via Venmo
by
buwaytress
on 25/07/2025, 14:50:11 UTC
⭐ Merited by pooya87 (4)
What I don't understand is how USA will be the biggest donor to poor countries that needs aids and fund wars for their allies then depend on their citizens to help pay their dept.

So let me get this straight, the US government first prints more dollars and creates roughly $1 trillion national debt every 2-3 months, which as we all know printing fiat is pretty much the same as stealing from every single American. Then they ask the very same people they stole from to pay them more money to cover up the debt they created in the first place! LOL?

The amazing virtuous cycle of how to cause that need for aid, then maintain that reliance on aid, and have the cheek to ask citizens to staunch that debt. I suppose if you have to run a scam, better run the biggest one...

P.S. Depending on technicality, it isn't actually the US government that prints this money but yeah, they're still responsible for all that printing and rising debt. Use to remember being taught that central banks (or whichever entity in the Fed Reserve in this case) are there to advise and prevent governments from excessive spending so hey maybe the Fed Reserve knows something I don't.