News for hackers. Stuff that matters.
Re:Chinese Tokamak reaches over 100M degrees by Retric on Wednesday November 14, 2018 @07:37AM (#18449378)
That’s a very misleading figure as inflation both directly reduces the actual debt payment nessisary, and makes comparisons between spending 2003 – 2011 vs 2028 difficult to compare.
Re:Chinese Tokamak reaches over 100M degrees by abfan1127 on Wednesday November 14, 2018 @11:02AM (#18450860)
except inflation is directly related to the amount of new debt issued, because thats the only source of M1 money supply. If the US Treasury didn't borrow from the Federal Reserve and instead printed its own currency, this would be different.
Re:Chinese Tokamak reaches over 100M degrees by Retric on Wednesday November 14, 2018 @01:32PM (#18452397)
The FED can create money from thin air when banks fail. So, debt is not the only source of M1 money supply.