Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Because fundamentally the US government can print money to pay US debt.

You can't print money to pay off your household debt.

It's a different beast altogether subject to entirely different rules and incentives than household debt.



Yes, and we the taxpayers get the privilege of paying interest on the money that is printed based on our nation's creditworthiness.

The debt can never be paid. It's by design.


With tax revenue on growing wages.


Printing money results in inflation. That was my original point.


My point is just that national debt is more complicated than household debt. And every attempt to reduce it to household debt is flawed. They are fundamentally different.




Consider applying for YC's Winter 2026 batch! Applications are open till Nov 10

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: