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FakeNoose

(36,475 posts)

5. Because it means rampant out-of-control inflation

Reply to shawn703 (Reply #1)

Thu Dec 19, 2024, 04:39 PM

Dec 19

It means the government will just keep on printing money to the point that it becomes worthless. That's what happened in Germany in the 1920s and it destroyed their economy, leading to much bigger social and political problems.

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Highlight:

Trump's demand to abolish debt ceiling hits a brick wall [View all] BumRushDaShow Dec 19 OP

Dems should be for it IMO shawn703 Dec 19 #1

Because it means rampant out-of-control inflation FakeNoose Dec 19 #5

LROE Yavin4 Dec 19 #2

Eliminating the ceiling at this point is about the magnitude of Billionaire tax cuts bucolic_frolic Dec 19 #3

Hakeem Jeffries response LetMyPeopleVote Dec 19 #4

Too bad he doesn't. niyad Dec 19 #6