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[–] 5 points 6 days ago* (1 child)

The reliable way in this case is printing money aka inflating your currency.

Debt can be useful, if you do useful things with it, things like building infrastructure, winning a necessary war, even student loans or for that matter free tuition and healthcare in general.

Debt taken on to extend your other debts coming due because you're perpetually stuck in a negative income loop due to your poor national budget policies?

No. That is not useful debt. That is a death spiral, and it's one that's been created as a deliberate strategy.

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  • [–] 3 points 6 days ago

    Well one could argue that the US started the debt for good reasons. But yes, right now, the debt is bad because it’s funding genocide, supporting child torture, and enriching pedophiles.

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