Quote Originally Posted by alloy2 View Post

The American debt rests on the shoulders of the citizens of the USA, people will be enslaved -chained to this debt for decades.
I kinda disagree. You have to understand the mechanics of monetary inflation to wrap your head around it.

The cliff notes version of the story is that the higher the debt ... the lower the value of the USD as a fiat currency. It's a form of indirect taxation and ultimately a redistribution of wealth.



Here's an intro to the inflation tax and how it works:

https://www.forbes.com/sites/william...h=774106a02f03