Government debt in real terms will never be paid off because it will be repaid only in increasingly worthless currency, not because of mathematical impossibility of payment per se, but because the political and economic feedback loops make fiscal adjustment destructive: cutting entitlements causes asset sales and lower tax receipts; cutting defense has similar multiplier effects through leverage.

causalpending

Speaker

Luke Gromen

Evidence Quote

Not in real terms. No. They'll pay every penny. Uh it will just be uh currency less and less uh valuable currency in real terms.

Source

The Economy is About to Collapse | Luke GromenThe Peter McCormack Show
Created: 8/12/2026, 10:18:48 PM

My Notes

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