Oddbean new post about | logout
 Another 20 days, another $130B in debt. 
Yes, I'm keeping track. https://image.nostr.build/145c5150067f7a552e89899d4286222e2b66cf9ef1260d40652aac04ba9df2ac.jpg
nostr:nevent1qqswukg0jmkd67vw74t9xagquf580tf8fkf6tzauumxhp9yjtfsqp2cpr4mhxue69uhkummnw3ezucnfw33k76twv4ezuum0vd5kzmp0qgs8v3q3nvvwc444kfmeurgrtem392wkd8dlhedjch693j6kftake9grqsqqqqqpwk7jr6 
 Who cares. We all know that thing will just be wiped away. Nobody is going to repay that for sure 
 Perhaps.
But when the general population realises that the entirety of income tax goes to servicing the debt (and not public works), gradually becomes suddenly. 
 Imagine when they will discover that everything they say is a lie and are all friends 
 Wow....did you see the game last night?!? 
 Another 26 days, another $130B in the hole https://image.nostr.build/8a1d9cc67798a0ed2a8b836c468c5d41d9ebe4550b92bab010f58beb72b887cf.jpg
nostr:nevent1qqsv004jzt7y0huvffun79x5qd9zp889cqc06lt0h7qpq3vrf0g2jsqpyfmhxue69uhk6atvw35hqmr90pjhytngw4eh5mmwv4nhjtnhdaexcep0qgs8v3q3nvvwc444kfmeurgrtem392wkd8dlhedjch693j6kftake9grqsqqqqqpyre6n2 
 $250B increase in debt recorded over the past 24 hours. 

If you don't think this is a problem, consider this: 

If you are a US citizen, you share this debt.

$100,000 is what you're on the hook for.

In simple terms, the government has borrowed 100k on your behalf, without your consent, to spend on what it deems necessary. 

#nsfw https://image.nostr.build/204f992a9140fbaa5a7f766856ab597619574592db7e5e0665806f2c46f89b7d.jpg

nostr:nevent1qqsdutpe92z5g0n0nxa94f40zqfl8nyxddgftsx7fuej6npzvccfu5cpzemhxue69uhhwmm59eekjctdwd68ytnrdakj7q3qwezprxcca3tttvnhncxsxhnhz25av6wml0jm9305tr94vjhmdj2sxpqqqqqqz23mp59 
 That's insane, I thought I misread it at first. 250b in 24 hours is nuts 
 I think the NSFW tag put a content warning around this note 🤣

The good news is that the debt won't have to be paid back & Bitcoin price hasn't really compensated for the extra fiat currency deployed yet.

People still have time to save the value of their fiat exposure but not for long. 
 The tag was deliberate, because it's a pretty spicy post. 🤣

I agree with most of what you said, however I believe all debts eventually have to be repaid - in some way or another. 
 Don’t worry, that’s just what the kids owe for being born. An American taxpayer owes more like ~$250k.  And that’s just the funded liabilities! 
 Another 2 weeks, another $100B in the hole.

Get your exit tokens on sale now.

1464 sats for a dollar.
 https://image.nostr.build/65376f76ff0b3f9add42174979ffa0702f1dade82cfdaaf589b63b4b9ca61cc9.jpg
nostr:nevent1qqsqu3f6hu2g2fee6qzmczyeezw7pxhj3jkc77lh8mmvlkqvghh2hsspz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsygrkgsgekx8v266myau7p5p4uacj48txnklmukevtazcedty47mvj5psgqqqqqqsr5say5 
 💯😳 
 You can't even meme the national debt number - it's going up too fast 😅

Listen to my "Debt 101" podcast with nostr:nprofile1qqsvfz6uem26mf6dkpud76cqlfflcyfe6ualpmgkmce9653zqggah4gpz4mhxue69uhk2er9dchxummnw3ezumrpdejqzxrhwden5te0wfjkccte9eekummjwsh8xmmrd9skcqgswaehxw309ahx7um5wgh8w6twv5kadaf6 to prepare yourself and your family for the inevitable result of this shitshow 👇

https://fountain.fm/episode/nWrwL8UanPFhcvR8f7K1
nostr:nevent1qqswqdqnl64f7g80gp3846n9uyhf36r6lcmhswnljy498vnn0e6nlmqpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsygrkgsgekx8v266myau7p5p4uacj48txnklmukevtazcedty47mvj5psgqqqqqqs3thsr4 
 4 weeks later, $300B more. We're not even at the steep part of the curve yet.
https://image.nostr.build/0cc30e45b4f95d2eead82cb3dcbce0bef3ab0c9c3896bf9c451238d228762bfb.jpg
https://image.nostr.build/606116e2297e1f87fb6dcfdbec164afd686599f2cf9c0705a086311098bfbd09.gif
nostr:nevent1qqswqdqnl64f7g80gp3846n9uyhf36r6lcmhswnljy498vnn0e6nlmqpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsygrkgsgekx8v266myau7p5p4uacj48txnklmukevtazcedty47mvj5psgqqqqqqs3thsr4 
 $20B further in the hole this week.
That's about $60 per US citizen that the government borrowed on your behalf. (Probably for your safety) 

Have a lovely day. 
https://image.nostr.build/8ec6d81884d85c6979c4c5de357056cb76eda693081212ad5d728fecb21d3973.jpg
nostr:nevent1qqsfwzh4g36qq542yav8qt8yqf00d0kj0vx4p9338juj2pnqrfhalvcpzemhxue69uhhwmm59eekjctdwd68ytnrdakj7q3qwezprxcca3tttvnhncxsxhnhz25av6wml0jm9305tr94vjhmdj2sxpqqqqqqzu559su