The US never has to pay off its debt; it just has to outgrow it by ensuring that GDP growth exceeds debt growth, which allows the stock of debt to be continuously refinanced and rolled over.

factualpending

Speaker

Jim Milstein

Evidence Quote

we never pay off the debt, right? we just outgrow it

Source

Jim Millstein on the Massive Risks of Any 'Mar-a-Lago Accord' | Odd LotsBloomberg Podcasts
Created: 8/11/2026, 7:46:27 AM

My Notes

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