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by devrandomguy 3156 days ago
A CEO once told me, "If you owe someone $1 million, then they own you. If you owe someone $1 billion, then you own them." I think that the orgs who are owed by US are primarily concerned with maintaining the status quo, rather than gutting the golden goose.
1 comments

We're still using real money to pay interest on our debt, yes?
Real money that we print, yes.

Edit: Since this was down voted, I want to be clear: this is not snark. This was meant as a very real commentary on how important it is that we have the ability to inflate our way out of debt. It's critical to understanding the power dynamics at play here.