@rbreich: In the past, the rich used to pay higher taxes. Now, the government pays the rich interest on a swelling debt, caused largely by lower taxes on the rich. It's a big switcheroo that we need to talk about if we're going to talk about the national debt.

Robert Reich

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Region: US

Tuesday 10 November 2026 01:15:08 GMT

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ayda :

so by crippling the governments with debt, they're basically indepting us to themselves - buying us via having our governement (aka the taxpayers) indebted to themselves.

2026-11-10 03:59:46

Tomatotoast :

Would a public bank be able to lend at lower rates?

2026-11-10 05:37:17

Robert Reich :

Want to join me in class? https://robertreich.substack.com/p/wealth-and-poverty-class-8-inequality

2026-11-10 01:15:55

Kyzer DKL :

so sad

2026-11-10 02:28:46

IIzzy :

it's not that they are buying bonds it's bonds are the safest form of investment. bonds don't pay much interest but it's basically 99.99% repeating guarantee to pay (if us government fails only way it won't). this is nothing new. what's new is being able to take loans against your assets and not paying cap gains for that.

2026-11-10 03:08:29

greggh :

We are gonna "get" to watch the death of the petrodollar, guys. Good luck.

2026-11-10 05:56:47

Mark M. :

🌅🇺🇸

2026-11-10 05:03:05

Jim Patterson :

😡😡😡

2026-11-10 04:23:20

TV🇩🇪💯 :

💯💯💯

2026-11-10 06:08:10

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