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The US National debt is permanent. You know it, the #minniapolisFED knows it with their recent #bitcoin paper, and even AI knows it 👇🏻

Time to wash your hands of the whole #fiat mess and #optout and opt-in to #bitcoin

%%👇🏻AI Response to a query about paying off the US National debt👇🏻%%

I'll modify the analysis to work within current tax rates and revenue structures, which means a longer paydown period and different allocation scenarios.​​​​​​​​​​​​​​​​

Key Findings:

1. With Current Deficit Growth (4%):

• The debt CANNOT be paid off under current tax rates and revenue structures
• This is because the 4% deficit growth rate exceeds the combination of:
  • Current tax revenue capacity
  • Productivity growth (1.1%)
  • Population growth (0.5%)
• The debt continues to grow faster than our capacity to pay it down

2. If Deficit Spending Stopped Completely:

• Minimum paydown period: ~215 years
• Current workforce contribution: ~116 hours per worker per year
• Breakdown of annual payment (~$920 billion):
  • Initially: 80% goes to interest ($736 billion)
  • Initially: 20% goes to principal ($184 billion)
• This ratio improves over time as principal is paid down

3. Critical Constraints:

• Current federal tax revenue ≈ $4.6 trillion
• Available for debt service (20%) ≈ $920 billion
• Current interest payments ≈ $736 billion
• Leaving only ≈ $184 billion for principal reduction

Key Implications:

1. Under current tax rates, the debt can only be paid off if:
   • Deficit spending stops completely
   • Current debt service allocation is maintained for over 200 years
   • No major economic disruptions occur
2. With continued deficit spending, the debt becomes mathematically impossible to pay off under current tax rates
3. The high inflation rate (7.3%) helps reduce the real burden, but not enough to overcome the deficit growth rate