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https://warpcast.com/~/channel/finance
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Giuliano Giacaglia π²
@giu
The U.S. needs to fix its budget. The consequences of fiscal irresponsibility will get worse over time. This is a good summary of how the financial situation of the U.S. looks like it and how bad it is:
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Ben
@benersing
It'd be nice to also be able to print my own money.
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Michael
@michael
Yeah but it's like, transitory debt
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IP
@ivanpomidorov
Comparing federal debt to family debt is like comparing apples to oranges. Government prints money, can raise taxes to finance the debt, interest on the debt injects liquidity into the country, etc
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gubbstah
@gubbstah
But they can't print money or tax people.
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Patrick
@patrickjpatten
https://overtaxed.vercel.app 2 questions to better understand the budget.
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