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| Economy |
| Elon Musk sounds alarm about America's national debt, warning that without action, 'the dollar will be worth nothing' |
| 2024-05-04 |
"We need to do something about our national debt or the dollar will be worth nothing," Musk tweeted. The country's national debt is more than $34 trillion, according to fiscaldata.treasury.gov. Responding to Musk, Ed Krassenstein wrote, "The problem is that no administration wants to take on the National Debt issue because the longterm fix is likely a short term detriment to the economy." Sign up for the Blaze newsle |
| Posted by:Besoeker |
| #3 Already had 2 wheelbarrows to haul the worthless paper dollars round in. Mine developed a leak. |
| Posted by: Deacon+Blues 2024-05-04 10:46 |
| #2 Already had 2 wheelbarrows to haul the worthless paper dollars round in. But then I realized that's maybe why the Fed is pushing the idea of an Electronic US currency. 🤫 A POSSIBLE PLUS SIDE OF HYPERINFLATION 🤫. In a hyperinflation economy, a working person's wages will increase to the point where a fixed rate home loan can be paid off in a month using the worthless currency. |
| Posted by: NN2N1 2024-05-04 06:23 |
| #1 "The problem is that no administration wants to take on the National Debt issue because the long term fix is likely a short term detriment to the grift economy." FIFY. How about quit spending. Look what the government funded in 1970. Cut everything not there, out. |
| Posted by: Procopius2k 2024-05-04 06:14 |