That is what I completely don’t get, how anyone worries about the national debt, Personal debt is real, but nation debt is an illusion as long as you control what must be paid back (ie.. U.S.A. DOLLARS).
Literally the Fed could completely pay off all the U.S.A. national debt in one day all 16 or so trillion.
Step 1)Make a rule that all treasuries will expire at a certain date if not redeemed for cash!
Step 2) Fed Just buys all outstanding treasuries and burns them, all done no debt !!
