Jeez Ned, we are at MMT time, our once a generation default.
Now is not the time to issue 100 or 50 years bonds, we are not an aristocracy. Mellennials, like AOC and Tlabbler will be exercising their right to coin soon, and those bond will not be safe.
Out nut in Treasury has been trying to get these longer bonds for some time. The idea is that welfare bums, like Ned, who make money off stupid leftward law, can lock in their welfare checks for eternity. During MMT meet up, those are the first bonds to be sent out for default.
This is not welfare for the aristocracy, and Ned is not part of any aristocracy. This is yet another reason for Biden to be president, his advisers should be a bit smarter.
Out nut in Treasury has been trying to get these longer bonds for some time. The idea is that welfare bums, like Ned, who make money off stupid leftward law, can lock in their welfare checks for eternity. During MMT meet up, those are the first bonds to be sent out for default.
This is not welfare for the aristocracy, and Ned is not part of any aristocracy. This is yet another reason for Biden to be president, his advisers should be a bit smarter.
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