This applies to all countries that control their own currency/do not have their debt tied up in foreign currency

Please, do enlighten us on how the homeless and jobless cost a lot of money and then show us how much this impacts the national debt? You can then show us how much spending on those elements compares to other spending such as oh I don’t know military budgets. While you’re at it, why don’t you contextualize that in the case of currency sovereignty, and through modern monetary theory? You don’t have a clue what you’re talking about. You think national debt works like debt works for you and I but it doesn’t. If you don’t believe me how about listening to the the words of Dick Cheney - “Reagan proved deficits don’t matter”. It’s why the republicans present themselves as the ‘party of fiscal responsibility’ all the while running up record levels of national debt every time they are in power.

Actually incredible