this post was submitted on 11 Jul 2023
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United States | News & Politics

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The US national debt is already grown by $1 trillion in a month (lemmy.ml)
submitted 1 year ago by yogthos@lemmy.ml to c/usa@lemmy.ml
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https://fiscaldata.treasury.gov/datasets/debt-to-the-penny/debt-to-the-penny

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[–] tourist@community.destinovate.com 2 points 1 year ago

The idea that you can have infinite debt because you can finance it for an infinite length of time only holds true as long as people have faith in the economic system. The point of the post is clearly to show that OP has a decreasing amount of faith that the money will ever be paid back, leading to a declining sentiment towards the dollar.