Or better yet, JP Morgan can pay it
Economy
Lemmy Community for economy, business, politics, stocks, bonds, product releases, IPOs, advice, news, investment, videos, predictions, government, money, politics, debate, current trends and more.
How about the people that got us into this debt and have profited from it pay it?
Oh, I don't disagree with you at all. But the other banks and financial firms, the politicians, the "defense" industry, etc. should also be on the hook.
Yeah I can think of a president and a bunch of stupid rich capitalists that should be pitching in.
Or we could just tax the rich, and cut a bit off the military budget.
Or they could just stop lying about what the national debt is.
https://mmt101.substack.com/p/mmt-basics-national-debt-defined
Still hilarious, there’s nothing federal about the Fed.