From: "chine.bleu" <chine.bleu@yahoo.com>
Newsgroups: alt.fan.rush-limbaugh,can.politics,alt.politics.trump,alt.politics.liberalism,alt.politics.democrats,alt.politics.usa.republican
Subject: Re: LOL... Moronic 4 Year Old Thinks We're Still On The "Gold Standard"
Date: Thu, 16 Oct 2025 16:44:13 -0700
Organization: semi-chaotic
Governor Swill wrote:
> Because US debt profits are more reliable. The interest is stated in
> advance and rises in direct correlation to inflation.
People buying Treasury paper like people giving home mortgages have good
guesses of future inflation and probability of default which goes into
the interest offerred. USA has never defaulted, despite the earnest
efforts of republicans. That reduces interest we pay. During the
shutdown Treasury still has to pay off paper that comes due, but cannot
get new money. They hope they have enough laying around to make all
payments.
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