Makes Sense. .
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Makes Sense

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Views: 11720
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Submitted: 11/16/2012
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#12 - flingwing (11/16/2012) [+] (9 replies)
everyone complains about obama increasing the national debt, but what uneducated fags dont realize is that national debt is money the government owes itself. alexander hamilton designed our banking system so that not only was debt a bi-product of economic growth, but essential to that growth. without "national debt" our money would have virtually no value because technically there would be no need for money to go somewhere. when paper or coins just sit around and nothing has to be paid off, in all technicality that means the "money" is worthless.

now there are men that are much more learned than i that actually understand the meaning and importance of paying off national debt, but for the most part, the debt is a healthy part of the economics of any capitalist country

'lawyered
User avatar #13 to #12 - zzforrest (11/16/2012) [-]
So if we are in debt to ourselves, shouldn't ridding of it be a simple matter of saying we aren't in debt with ourselves? I mean really, if it's as simple as you say, then we really shouldn't be in debt.
User avatar #1 - Daeiros (11/16/2012) [+] (1 reply)
economics is just a giant high stakes game of monopoly
money only means something because everyone is playing
but we don't have to play
User avatar #5 to #1 - thecratcher (11/16/2012) [-]
You're a hobo who stumbled into an internet café aren't you?
#3 - jimmynutz (11/16/2012) [+] (1 reply)
OMG Actual funny on funnyjunk......thank you so much OP you are not at all a faggot
#4 to #3 - jimmynutz (11/16/2012) [-]
I serious btw
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#8 - longer has deleted their comment [+] (3 replies)
#7 - lordhaha (11/16/2012) [-]
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#6 - anonymous (11/16/2012) [-]
40$trillion in collective debt to jews
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