The debt ceiling reaches Pi – $31.4 trillion

the religion Roof Currently at $31.4 trillion (Pi), it represents the borrowing that the Treasury undertakes to fund its financial obligations, which range from safety net benefits such as Social Security. Is this a coincidence or the magic number at which the government begins to lose control? As Socrates predicted, this is the end of the road for republican forms of government. They are irresponsible, do not show any form of financial management, and use every possible means to maintain their power. The problem was that they didn’t see the end of the road. They think they can keep borrowing year after year and the public will keep buying.

The real crisis is the amount of new debt the government needs to issue, and it’s exceeding the balance sheets of the primary dealers. If they have to buy debt to hold their position, then if they can’t sell debt, that’s when you’re looking at a major banking crisis. Indeed, it is cheaper at this point to print money and stop the foolish game of pretending to run the system responsibly.

It’s time to turn out the lights on the stupid game of managing infinite deficits and borrowing when there is Start No intention to pay off the debt. Let’s stop this nonsense because this cannot go on indefinitely.

Since the birth of the US paper dollar in 1861, there will be 19 commas every 8.6 years in 2024. We’ve reached the Rubicon. It’s almost time to celebrate a new beginning on the horizon.

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