this post was submitted on 15 Dec 2025
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Explain Like I'm Five

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[–] Hikermick@lemmy.world 5 points 3 days ago

The US borrows money by issuing US Treasury Bonds. The number one buyer of those bonds is the US government, mostly the Social Security Administration. We borrow from ourselves and pay ourselves back yet we're told Social Security is insolvent. Yeah I don't get it either