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A comment on Who Owns the US National Debt?. Parent comment

Re:Who Owns the US National Debt? by pessimizer on Tuesday September 07, 2021 @08:53AM (#28444107)
It's almost as if national income accounting is nothing like household accounting, and money is nothing but paper backed by a military and a police force.
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Re:Who Owns the US National Debt? by SkipperCat on Tuesday September 07, 2021 @11:09AM (#28445806)
Agreed, but its not just backed by the military and police. Its backed by all the people interacting in the economy, both domestically and internationally. Nobody is going up to people and saying "take this job and add to the GDP or we'll shoot you". Its a large scale symbiotic system (with many faults) that almost everyone wants to be a part of.
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Re:Who Owns the US National Debt? by usefulcat on Wednesday September 08, 2021 @12:13AM (#28452948)
It takes a lot more than military and police. Just ask North Korea.
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