What If The US Paid Off Its Debt? 

Is debt logic hard to understand? There's a lot of good comments on what debt is. Do you think you are good at balancing your finances?

Mr beast 2019: buying a homeless man a house Mr beast 2050: paying off US debt

So the United States is a giant college student? *Dang....*

"It doesn't matter how rich you are, if you're in debt you're poorer than someone who has no money and no debt" -some random kid in my freshman year

I thought if we paid off our debt, inflation would revert back to the early 1900's where a hamburger would cost 5 cents. Minimum wage back to 25 cents an hour and the value of money would skyrocket back to what it was 150 years ago

Is it just me or does the audio seem a little weird? (Edit) not the Narrator but the audio itself

Not even Thanos can make the debt disappear.

Genie: You can have three wishes Me: I want a girlfriend, a better education system, and the US Debt to be paid off Genie: OK, now I have six rules

Japan actually has a much larger debt than the US in comparison to GDP.

USA has to pay its debt IRS: let us introduce ourselves

"Running a budget deficit the government has 2 options: 1) Printing more money. 2) Borrowing money." How about 3) ...Spend less money?

I’m a strong patriot in America, but I do not have faith in paying off that debt in my lifetime.

Man... if this was remade in 2021, it would be very different.

Just the word “debt” gives me anxiety

Let's just take the debt... and push it over there!

I've used your software since you had the old DOS 1.0 version with NAIC. I use it to record every transaction in my portfolios, Then I monitor my overall asset allocation closely. The addition of asset allocation reports was one of your best upgrades to the program.

"The well organized war on terror" 😂😂😂😂😂😂😂

6:53 for the answer. You're welcome.

And yet I'm a bad guy for not making enough money to pay my student loans...my government is setting a terrible example.

It’s almost like giving tax breaks and handouts to rich people won’t be great for budget control

I just feel like having politicians who are in debt themselves, as in they are not good at managing their own, should not be handling our money.

That's still cheaper than a student loan Edit: thank y'all for the likes, this is the most likes I've ever got I'm bilingual and you shouldn't be toxic about someone's grammar, my mother tongue isn't English

you guys need to reupload this video, the audio is really bad

Whatever type of investment you decide get into, I think the key message here, or for me rather is to start investing no matter how small. Don't rush into anything you're not absolutely sure of. Then of course you can always build from there.

I have a question for Infographics show Why is there two Hawaiis in the thumbnail?

Lets be honest they're not gna pay it off😂😂

Printing more money doesnt make more money, it just makes it worth less.

The problem is that the debt allowance for the US can be easily increased with passing of a simple bill, which takes only a few days. Whenever they need more money to spend and are overdraft on their allowance, they simply raise the bar and borrow more. Also, they are printing more and more which is making their money less valuable.

One thing that nearly all news media seems to avoid when talking about printing money is that it decreases the currency which in return decreases the the foreign investor’s value of their investment, and then uses the printed money to repay the foreign investor. This is indirect robbing

"Those that fail to learn from history, are doomed to repeat it." - Winston Churchill

The government should get Skillshare

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The good old times when the US debt was only $21 trillion (at the time of this video). Now we owe $30 trillion.

Is the audio stuttering or is it me?

The choppy audio is just awful, its giving me a headache. It needs a redo.

so if two countries have debt to each other, why dont they just cancel it out

It would have huge ramifications. US bonds are one of the few securities that qualify to meet reserve requirements for financial institutions. The worlds lending markets would go upside down. Debt in itself isn’t bad, it’s the amount of debt relative to gdp or revenue.

It won’t be paid off until it doesn’t even exist anymore

Do a video on what would happen if everyone took their money out of the banks.

Wait what was that thing that president eisenhower was warning everyone about.... Something like right right.... Military Industrial Complex😉

Watching this beginning of October 2021, even my recommended feed is trying to prepare me

"225 years at war, 21 years at.peace" *ayyyy..*

The real question is: why are there two Hawaii's in the thumbnail?

"I've been able to build a history of stock purchases made over forty years ago and establish a cost basis, which when I made those buys, I had no thought of cost basis and what it would mean to me later. It also enables me to handle splits and especially mergers with little difficulty. Without this program, I would be lost on some mergers.

Always disgusted when they call taxes "revenue" as if they earned or produced anything

This man's audio is killing my ears

Dont waste your time guys 6:52

USA has to pay its debt Mr Beast: hold my cup-

Possessing machines to create money from thin air at the cost of the rest of the world is really great.

What’s up with the audio? Sounds like he’s hitting the mic.

Mr. Beast: today I am going to pay The United States of America debt. People:👁👄👁

I like how they put a picture of Trump when talking about massive spending by a president but in comes Biden like 😈

I love your channel keep up the great stuff

What if they paid with barrels of *O I L* ?

George Washington said in his farewell address that we should maintain a federal balanced budget, avoid excess spending, and pay off debt as quickly as possible. I think George Washington is correct and would be appalled by our nation’s spending habits.

Debt then: $21-Trillion. Debt now (3.9.23): $31.6-Trillion. We never learn.

“So what are you going to do now that your debt is payed off?” “Probably get into more debt”

Politicians love spending people's money without responsibility and they'll spend more than what the government takes in taxes that's why we have a huge debt

"Every country in the world has a lot of debt, so this makes me wonder, why don't we all just forgive each others debt since we all owe each other money? Then someone told me that countries do not owe it to each other, they owe it to banks. And I understand this even less, because a country has an army, and a bank has four tellers and a cleaning lady. " -Ismo Leikola

Fun fact, back in 2005 El Chapo offered to pay off Mexico’s national debt to the president Felipe Calderon if they would cancel the war on drugs.

The funny thing is this. Money is worth what we say it is. All we need to do is to have someone in office to literally change the value of the dollar to match with the US Debt. And boom. Paid off debt with a single dollar.

Am I the only one with slight audio issues?

In today's episode of "Things that will never happen"...

Thank You For Sharing 🇺🇲

i remember a certain game where if you went too far into debt you were removed from office and lost the game

Just replace the education system with Skillshare to save money

USA GDP : *19 trillions* DEBT : *22 TRILLIONS* HE : *ALL GONNA BE SAME OKAY* update 2020 : now it’s worse oof

To be honest, I don’t know how you manage to do such a good job 👏 every single time. Very well done VladimirCorp

This was 8 minutes to answer the question with a clear, "Nothing"

Skill share took 299 from me and refused to cancel my free trial. Just don't use it people, I care about you and your hard earned money, it actually represents our work and time.

That transition into the promo was hella smooth

How to pay off collage debt. 1. Armed force job 2. Join the military 3. Amazon job?? 4. Job in the military using the GI Bill 5. Join the army.

I have a question, why are there 2 Hawaii’s in the thumbnail?

“Banks lend by creating credit. They create the means of payment out of nothing. ” Ralph M Hawtry, former Secretary to the Treasury.

Thanks

Man the audio un this videos is jacked up 🤣

Wait... Since 1776 we've spent 225 years in war and 21 in peace... thats 246 years total. Correct me if I'm wrong but 246 years after 1776 is 2022. Holy shit.... They're time travelers!

6:55 is the actual video's start.

Also if we paid that much money back to other countries that fast they’re economy would be boosted while ours is temporarily going down.

Debt isn't raised by war, they declare a war precisely because they want to justify their debt in advance.

“Well organized war on terror campaign” stop 😂😂😂😂😂 im crying

You mic is having "spasms"

I saw a couple comments saying how the usa should just instead of paying 700 billion on defense should pay 700 in taxes to whoever they owe money to. You guys need to understand how military spending works. The US doesn’t spend 700 billion yearly producing new units, most of that 700 billion goes to yearly upkeep bases maintenance, and technology research. It’s impossible for the usa to spend no money on defense.

Had to click this video because the title made me laugh 🤣🤣

Solution: Stop bailing out banks and let them go bankrupt. That is what Iceland did.

I’m kinda scared now... with covid, the debt has drastically increased, and with the economy reeling, it could lead to a economic collapse that’s worse than the Great Depression

Anyone else getting a weird clipping/stuttering in the audio throughout the video or is that just me?

GQP: “Debt is bad!” Also GQP:

Why dose the title screen have two hawiis

Several problems with this video: 1. The speaker uses the word "deficit" in circumstances where he means "debt". The deficit is the year to year budget shortfall. You don't pay back a deficit, you pay back the debt that is accrued from a deficit. You can reduce or eliminate a deficit by balancing a budget. 2. There is no mention of the the primary cause of the U.S. debt and those are unfunded liabilities and mandatory spending. Go ahead and do the math on the problems he identified by adding them: now subtract that from 21 trillion. 3. The reason the U.S. was "debt free' in the 1800s was that Andrew Jackson confiscated assets from the Natives and sold them, despite this being a violation of numerous established treaties.

6:32 at least the father is happy with all this

Japan and Greece : Finally a worthy opponent. Our battle will be legendary.

The Audio Is so bad

And that’s when I realized I just watched an 8 minute commercial

I’d argue we need to pay down the debt. If we could make a bigger deal about starting debt vs ending debt perhaps we could create a culture that gets politicians to run a budget

the obvious problem with having a debt is that you need to pay interests.... so not having debt is always more preferrable for country/company/person

If the US pays of its dept, it will make plans to go back into dept. Lol

Love how he says the debt spiked in 2008 but shows a pic of Trump, lol

You can make channel guidelines now?

Someone: you shouldn’t spend money when you don’t have any U.S.: huh?