Economy

1993 readers

3 users here now

Lemmy Community for economy, business, politics, stocks, bonds, product releases, IPOs, advice, news, investment, videos, predictions, government, money, politics, debate, current trends and more.

founded 2 years ago

MODERATORS

sv1sjp@lemmy.world

America's path out of $38 trillion national debt crisis likely involves pushing up inflation and 'eroding Fed independence,' says JPMorgan Private Bank | Fortune (fortune.com)

submitted 1 month ago by RegularJoe@lemmy.world to c/economy@lemmy.world

8 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] crank0271@lemmy.world 13 points 1 month ago (3 children)

How about the people that got us into this debt and have profited from it pay it?

[–] 0ndead 7 points 1 month ago (2 children)

https://archive.nytimes.com/dealbook.nytimes.com/2008/03/18/jpmorgans-12-billion-bailout/

[–] crank0271@lemmy.world 10 points 1 month ago (1 children)

Oh, I don't disagree with you at all. But the other banks and financial firms, the politicians, the "defense" industry, etc. should also be on the hook.

[–] 0ndead 7 points 1 month ago

Yeah I can think of a president and a bunch of stupid rich capitalists that should be pitching in.