[OT] Create more debt == earn more

jmh530 via Digitalmars-d digitalmars-d at puremagic.com
Tue Aug 2 12:51:04 PDT 2016


On Tuesday, 2 August 2016 at 18:43:59 UTC, deadalnix wrote:
>
> Money == debt, so nothing surprising or new here.

In this day and age, money does not carry with it an obligation 
that the government needs to pay you anything.

When I look on my money (US dollars) it says "This note is legal 
tender for all debts, public and private." This means that you 
can pay debts with it. It doesn't mean that it is a debt.

Contrast this with a Treasury bill, where it is an agreement to 
pay the holder a certain amount of money on a specific date. 
That's debt.





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