• moldy_rice@piefed.keyboardvagabond.com
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    1 day ago

    You realize that that debt is owned by rich people including him, right?

    He has loads of money, and the taxpayers are giving it to him and his family long after he dies.

      • ScoffingLizard@lemmy.dbzer0.com
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        19 hours ago

        Wealth is about resources and assets. You also don’t need bonds to be rich, and you don’t need treasury bonds to own debt.

        Wtf would an 80 year old want bonds anyways? Unless they are maturing soon.

        • moldy_rice@piefed.keyboardvagabond.com
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          17 hours ago

          He became a billionaire in his presidency.

          He isn’t doing this for him. He inherited millions from his father, and he leveraged it (with crime) to turn it into billions for his children.