Attached: 1-Federal-Debt-1.png (2882x1756, 139K)
When does all of the debt lead to collapse if ever?
Sebastian Smith
Anthony King
Fuck off stupid fucking faggot
Wyatt Brooks
based and leafpilled
yeah OP kill yrself
Liam Morales
hopefully soon
Juan Morales
This country is retarded. This is a thread about whether the growing debt can lead to economic calamity but leafs have to ruin it.
William Turner
It doesnt. They just keep inflating the currency
You are the only nigger faggot here leaf.
Tyler Campbell
Mutt fuck off
Hudson Jones
I don't think the debt matters even if it quadrupled things would be fine. US is the world super power and global reserve currency.
Isaiah Anderson
why do you care? what about OUR fuckin debt? what about reparations? Bigotted fuck
Logan Walker
>t. 13%
Ethan Price
When the petrodollar disappears
Ethan Rogers
When does hyperinflation kick in? I have literally heard trained economists say all it does is increase inflation which boosts business growth, so the effect is nil. There has to be a point where this all ends.
Evan Fisher
Our economy and all of geopolitics is entirely dependent on the US.
Hudson Hill
the inflation can be seen in asset prices (bonds, stocks, property)
Matthew Rogers
I don't understand how official inflation is so low... its obvious prices for everything are high as fuck except for TVs
John Phillips
I'm sorry your countrymen are retarded.
Jaxon Taylor
You're the frogposting retard
Angel Harris
Most likely never, from a purely financial standpoint.
See Japan: interest payments almost exceed revenues and they monetize the deficit like crazy, and they're still barely above deflation.
In the US it will end when the ultra-rich and central banks own all of the assets and the common people revolt.
Probably same with Europe.
Whites (not to mention blacks and arabs) are not as obedient as Asians and will not tolerate that shit for very long without a hefty UBI which will never happen.
>When does hyperinflation kick in?
Never, because the huge mass of printed money is not trickling down to ordinary people and being used to buy bread.
It's staying in the financial sector and being used to buy houses, businesses, stocks, commodities, etc.
They adjust it downwards (a lot) for quality improvements and substitutions.
Jaxon Phillips
Obama singlehandedly doubled over 200 years worth of national debt. There will never be another black president.
Brandon Bennett
at some point all the jews will show up to collect the debts that jews in government took from them
and the gov jews will give them everything that the government still owns, like schools, parks, offices
if that is not enough, then who knows? slavery
Nathan Barnes
I finally found that documentary about your family history for you:
youtube.com
Charles Perez
At a maximum, once the levels create a near-vertical plot.
Eli Gutierrez
Two economists, James Rogoff and Carmen Reinhart, did a study of when national debt levels relative to GDP caused economies to collapse. They found that nations which had a debt level of over 95% of GDP were in trouble.
The stock of US debt is now around 105 to 110% of GDP as the government is now running trillion dollar deficits again.
Japan's debt/GDP is something over 200% and they haven't collapsed. Yet.
Jack Miller
Never. A government with a sovereign money supply cannot be forced into involuntary default. For further info, see Alexander Hamilton's Reports On the Public Credit, Adam Smith's and Karl Marx's (yes, you read that right) remarks on "tax-driven money" (i.e., fiat currency) and the body of modern monetary theory (MMT) scholarship starting with Mosler in the late Nineties (beginning with Seven Deadly Innocent Frauds of Economic Policy); the body of pre-MMT monetary thought which precipitated the modern school (Lerner, Minsky, Knapp, Mitchell-Innes, Godley) is worthwhile as well. Keynes seemed to grasp these concepts also.
tl;dr - why did hitler uncouple the reichsmark from gold? because jews
I do wish more of you would make an effort to understand monetary economics. More than of half American financial crises from the establishment of Mass Bay Colony to today were directly caused by a gold peg. It's probably about two-thirds. That hero of yours, Andrew Jackson? Look at American economic history following his shitting on the national bank.
>dude gold is the only real money durr ron paul
>too bad there's never been more than 60 metric tons of commodity gold since probably 1965, probably even earlier
>what could go wrong trying to keep a dynamic economy liquid with an absolutely static money supply
>ah-hyuk
Isaac Wood
They also got BTFO by a grad student who noted all the errors in their spreadsheets: washingtonpost.com
>hey man the conomy's like in trouble
>durr let's make unemployment higher
Adam Cox
When the borrowers realize they're not getting paid back.
Julian Stewart
Sorry. Meant lenders.
James Howard
gold is good because it forces a balance between inflation and deflation
inflation is good for capital (growing asset values), while deflation is good for the common man (falling prices)
unsurprisingly our system today creates permanent inflation and treats deflation like the worst thing that could ever happen
Logan Ramirez
Funny how the debt was flat until immigration of non-whites started in earnest.
Robert Smith
Nicholas Richardson
Debt doesn't lead to collapse, but it is fuel for the fire of a large-scale collapse.
Eli Robinson
hmmm, i wonder what generation took out all of this debt
Nathan Morgan
yea he's saying people take out too much debt and then get fucked hard by deflation
the solution isn't to eliminate deflation, it's to stop the usurers from issuing so much debt
Asher Taylor
The collapse occurs when the currency stops facilitating daily transactions.
That doesn't happen unless there is either hyperinflation (highly unlikely) or rapid deflation (much more likely). You get deflation first which grinds the economy to a halt as debts cannot be repaid followed by hyperinflation as the govt prints money into oblivion, which doesn't solve anything because all money comes attached to debt at creation.
The deflationary ignition occurs when money exits the system, which can only occur through massive debt pay-downs. Debt and currency cancel each other out in our current monetary system. So only debt pay-down can decrease the currency pool. The amount of pay-down that must occur to spark a "run on the dollar" (in essence, a massive race to pay down debt and exit the currency pool) would be a very large number, but if you got enough kikes in a room it could be easily coordinated, especially if the Fed was in on the game.
Noah Thompson
>A government with a sovereign money supply
You've already ruled out the United States.
William Hughes
When rate of profit reaches 0% and people try to collect on it