The first 1,000 people to sign up to Skillshare will get their first 2 months for free: https://skl.sh/infographics34
What would happen to the US if it paid off its debt?
SUBSCRIBE TO US -? http://bit.ly/TheInfographicsShow
————————————————————————–
WEBSITE (SUGGEST A TOPIC):
http://theinfographicsshow.com
SUPPORT US:
Patreon…….? https://www.patreon.com/theinfographicsshow
SOCIAL:
Twitter……..? https://twitter.com/TheInfoShow
Subreddit…? http://reddit.com/r/TheInfographicsShow
————————————————————————–
Sources for this episode:
https://pastebin.com/RdL3z9Xt
Is debt logic hard to understand? There's a lot of good comments on what debt is. Do you think you are good at balancing your finances?
Warmonger….
You never mentioned the rather important fact that this debt was completely incurred over Bush, Obama, and still going on with Trump. President Bill Cinton got the country into a surplus.
Well if we convince Bill Gates to give away most of his life savings they all of our debt would be covered! Bill Gates has $20 trillion extra if he gives away his money to the government! That will never happen lol…
He put trump. What a joke.
we make are own money hmmmmmmmmmm
This video is not accurate in a lot of areas but the most annoying is saying that printing money cause hyper inflation. That is just wrong. Hyper inflation is caused by unstable governments and has nothing to do with printing money.
Stop hitting the mic its annoying!
0:09 y'all forgot to highlight Hawaii
Props on that smooth ad transition I must say
US INC can never pay off its debt by design, for the money printed (loaned) does not include the interest.
No one wants to pay more on taxes.. have you met California?? They love paying extra it’s a fetish
It's impossible to pay off US debt. The bond we use to create money has interest to payback. Which we use to make more bonds to payoff those debt, and the cycle continues.
And the best part is that the american taxpayer is the one who will pay back the debt…we are all screwed!
This is a shit video, just like your videos on technology.
Why can't you just print money to pay the inflation of the debt off. They would have to put that money into the system anyway so it would not increase inflation.. Now the gold standard has been dropped money is what people think it is. So take advantage of that.
6:00 it should show Obama instead of Trump.
Officer Barbrady?