The U.S. National Debt is a Delusion
So. 12 years of Reagan and Bush brought 3 trillion debt, or 25% of a trillion dollar debt each year. And the 19 years of Clinton, G.W. Bush, and Obama brought 11 trillion debt, or 57% of a trillion dollar debt each year. Thus, the national debt doubled for the last three presidents.
Science says that such a doubling must have a cause. Some of this cause has some inflation, some unemployment, some wars, some floods, some fires, and some deteriorations such as roads, pot holes, bridges, cars, homes, energy, etc. So, the doubling of debt above seems to be quite normal.
Accordingly, I conclude that the 14 trillion debt is normal and the money system is abnormal. This abnormality is caused by the inability of banking systems to fund all developing and futuristic nations simultaneously.
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