The next time your friend, colleague, family member or local politician says to you, "How are we going to pay back the Chinese" you tell them...
We paid back $32 trillion in the past six months and there has been no hypinflation, interest rates are at zero, the stock market is up, the economy is growing, jobs are being created an life is going on as normal.
Then show them the proof, right from the government's own checkbook here at the Treasury: Table IIIA Total Redemptions.
That ought to shut them up or at least start a legitimate discussion.
ANY ASSERTION WHATSOEVER THAT WE ARE BROKE AND CAN'T PAY BACK OUR DEBTS IS PURE BULLSHIT (pardon my French).
