The budget in simple english

[Domingo Halliburton]

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[Starman]

Anyone care to explain the 6% debt? If we can just print money aka type in zeros into a computer, then why do we owe money to anyone.

Simply put, the more money printed the less money is worth.

 

[CACtain Planet]

Anyone care to explain the 6% debt? If we can just print money aka type in zeros into a computer, then why do we owe money to anyone.

Have you ever paid for anything with interest like a car or house or student loan? I hope your below the age of 18..

 

[newworldafro]

Have you ever paid for anything with interest like a car or house or student loan? I hope your below the age of 18..

No you right. Paying back treasury bondholders.