News for hackers. Stuff that matters.

A comment on Security Breach and Spilled Secrets Have Shaken the N.S.A.. Parent comment

Re:Security Breach and Spilled Secrets Have Shaken the N.S.A. by retailbuyout on Monday November 13, 2017 @01:27AM (#15684692)
Currency is just printed debt. What’s your point?
[ Parent | on HN ]
Re:Security Breach and Spilled Secrets Have Shaken the N.S.A. by yuhong on Monday November 13, 2017 @03:46AM (#15685182)
The point is that the debt can increase forever since we got off gold.
[ Parent | on HN ]
Re:Security Breach and Spilled Secrets Have Shaken the N.S.A. by retailbuyout on Monday November 13, 2017 @10:14AM (#15686991)
This isn’t necessarily hard or bad, though. If I take $100 and loan it to my neigbor, the debt appears from nowhere. Heck, theoretically, he could loan it right back under different terms and create more debt. Debt isn’t necessarily bad—the fear is you’re builidng on jenga blocks, not that some guy is going to show up with a wrench.
[ Parent | on HN ]
Re:Security Breach and Spilled Secrets Have Shaken the N.S.A. by yuhong on Monday November 13, 2017 @05:46PM (#15690999)
In this case we are talking about government debt though. Congress does have some control over it with "appropriations" I think.
[ Parent | on HN ]