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So if the United States is perpetually in debt ...
    #8898757 -

... then how do we ever spend money?  I mean, I always hear about the Unites States being in billions of dollars in debt ... so how does anything ever get done?  If we can still spend money without having it, then does the [amount of the] debt even matter?

... am I just confused?  Somebody clear this up for me, plz.


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So I say, walk by the Spirit, and you will not gratify the desires of the flesh. - Galatians 5:16

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Re: So if the United States is perpetually in debt ... [Re: HB]
    #8898782 -

The US makes money.  We just spend it all before we pay off any of the debt.  :smile:


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Every mistake, intentional or otherwise, in the above post, is the fault of the reader.

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Re: So if the United States is perpetually in debt ... [Re: Penguarky Tunguin]
    #8898788 -

Penguarky Tunguin said:
The US makes money.  We just spend it all before we pay off any of the debt.  :smile:


But but, how does that work?  I mean, if I go to the bank to cash a check and I'm overdrawn, they won't let me do it?  Double standards, much?


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So I say, walk by the Spirit, and you will not gratify the desires of the flesh. - Galatians 5:16

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Re: So if the United States is perpetually in debt ... [Re: HB]
    #8898790 -

I'm also having trouble understanding how you can spend a trillion dollars you don't have. I mean don't get me wrong...sounds like an awesome concept, materializing money from nowhere, but seriously: wtf.


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Anything worth doing, is worth overdoing. -Paul Gilbert

I don't know.  I never smoked AstroTurf.  -Tug McGraw, after being asked if he preferred grass or artificial turf

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Re: So if the United States is perpetually in debt ... [Re: Moodion]
    #8898797 -

Put this in the money forum.  :smile:


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Every mistake, intentional or otherwise, in the above post, is the fault of the reader.

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Re: So if the United States is perpetually in debt ... [Re: Moodion]
    #8898800 -

Money's just a number anymore.  :shrug:

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Re: So if the United States is perpetually in debt ... [Re: Moodion]
    #8898801 -

Guns. you can write a check for a gajillion dollars and it's legal tender when you've got an equally staggering amount of weapons. :evil:


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Give me silence, water, hope;
Give me struggle, iron, volcanoes...

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Re: So if the United States is perpetually in debt ... [Re: Crasher]
    #8898811 -

Crasher said:
Guns. you can write a check for a gajillion dollars and it's legal tender when you've got an equally staggering amount of weapons. :evil:


lolZ!  You're probably right.  I just am hoping for a very educated answer, as this question has been plaguing me forever ...

Prisoner#1, we need you!  You're smart 'n cuddly 'n stuff ...


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So I say, walk by the Spirit, and you will not gratify the desires of the flesh. - Galatians 5:16

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Re: So if the United States is perpetually in debt ... [Re: HB]
    #8898813 -

I may be wrong but I believe the way the system works is that we borrow from one person and give to another and constantly just keep borrowing to pay off another person.

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Re: So if the United States is perpetually in debt ... [Re: HB]
    #8898819 -

Ask Veritas.  She knows everything about money!  :yesnod:

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Re: So if the United States is perpetually in debt ... [Re: Rebirtha]
    #8898821 -

Evan said:
I may be wrong but I believe the way the system works is that we borrow from one person and give to another and constantly just keep borrowing to pay off another person.


Hmm, that makes sense ... but who would be stupid enough to loan money to a country that's billions of dollars in debt?  I wish I could get loans with a credit score of 0 ...


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So I say, walk by the Spirit, and you will not gratify the desires of the flesh. - Galatians 5:16

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Re: So if the United States is perpetually in debt ... [Re: HB]
    #8898830 -

HB said:
Prisoner#1, we need you!  You're smart 'n cuddly 'n stuff ...


fiat currency, it's like doritos

"eat all you want, we'll make more"


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California Has Legalized Child Prostitution

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Re: So if the United States is perpetually in debt ... [Re: Prisoner#1]
    #8898845 -

Prisoner#1 said:
fiat currency, it's like doritos

"eat all you want, we'll make more"


Wait, so you're saying they put MSG in money?

That explains everything ...


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So I say, walk by the Spirit, and you will not gratify the desires of the flesh. - Galatians 5:16

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Re: So if the United States is perpetually in debt ... [Re: HB]
    #8898854 -

and artificial taco flavoring, that's what's been attracting all the illegal immigrants


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California Has Legalized Child Prostitution

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Re: So if the United States is perpetually in debt ... [Re: Prisoner#1]
    #8898875 -

Prisoner#1 said:
and artificial taco flavoring, that's what's been attracting all the illegal immigrants


Ah HA!  The government is way smart3r than we think ...


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So I say, walk by the Spirit, and you will not gratify the desires of the flesh. - Galatians 5:16

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Re: So if the United States is perpetually in debt ... [Re: HB]
    #8898894 -

HB said:
Evan said:
I may be wrong but I believe the way the system works is that we borrow from one person and give to another and constantly just keep borrowing to pay off another person.


Hmm, that makes sense ... but who would be stupid enough to loan money to a country that's billions of dollars in debt?  I wish I could get loans with a credit score of 0 ...


They probably just want to get in good with the US (atleast economically) the benefits would be huge.


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¿Check out some art m8?


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Re: So if the United States is perpetually in debt ... [Re: HB]
    #8898911 -

HB said:
Prisoner#1 said:
and artificial taco flavoring, that's what's been attracting all the illegal immigrants


Ah HA!  The government is way smart3r than we think ...


lure them in, make them citizens, tax the shit out of them


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California Has Legalized Child Prostitution

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Re: So if the United States is perpetually in debt ... [Re: Prisoner#1]
    #8898919 -

how much you wana bet the president doesnt even no how the fuck it works
he thinks its all play money to him'
he goes off 2 congress do do do do do
give me 500 billion congress NOW
then he gets it and throws it at his friends use put it in their pockets real quick


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Re: So if the United States is perpetually in debt ... [Re: Coaster]
    #8898932 -

Coaster said:
how much you wana bet the president doesnt even no how the fuck it works
he thinks its all play money to him'
he goes off 2 congress do do do do do
give me 500 billion congress NOW
then he gets it and throws it at his friends use put it in their pockets real quick


When I was young, my step-brother told me that if I buried Monopoly money it would one day become real.

... little did I know at the time that $500 bills didn't exist!  I should have buried the $50s and $100s.  Silly me.


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So I say, walk by the Spirit, and you will not gratify the desires of the flesh. - Galatians 5:16

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Re: So if the United States is perpetually in debt ... [Re: Prisoner#1]
    #8898935 -

Well, the government gets loans the the Fed, its central bank which goes towards whatever it is being spent on.  The taxpayer Pays this back to the fed in taxes through the IRS.  But since the loan must be paid back with interest, there is never enough money to pay back to loan.  Therefore our global monetary system is set up to funnel the wealth of all into the pockets of very few.


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"A human being is part of the whole, called by us 'Universe'; a part limited in time and space. He experiences himself, his thoughts and feelings as something separated from the rest -- a kind of optical delusion of his consciousness.

This delusion is a kind of prison for us, restricting us to our personal desires and affection for a few persons nearest us.

Our task must be to free ourselves from this prison by widening our circle of compassion to embrace all living creatures and the whole nature in its beauty.

Nobody is able to achieve this completely but striving for such achievement is, in itself, a part of the liberation and a foundation for inner security."

Albert Einstein

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