making an artical
eliminating americas debt

stuff on febuary 28th 2023

American´s debt is increasing at about $20,000 every
second. This is partically due to printing new
money, giving away money, and buying overseas.
I propose that to lower the debt we start by
producing our own goods. One of the first things
we should start producing on our own in oil.
America used to be one of the top oil producing
compainies on the planet and now we are buying
from companies that don´t even like us and has
turned out better offers from other contries.
The next item I propse reducing importing is
food. We have an abundance of farmable land
but due to heavy regulations and other issues
farmer in america are struggling.

The American dollar used to be tied to gold.
In 1933 the great depression bank failiers led
to the end of the gold backed dollar. Removing
the gold backing and the overprinting of money
brought down the value of the dollar drasticly.
Gold was worth $28.34 in 1913 and $1,827.13
per oz now in 2023, this is a huge change.
If we stop printing money and stop giving away
money that we don´t have it will help slow the
increase in America´s Debt.

Currently Debt is a big confusing monster. But
one way to get it under control would be to
cash some of it out. Many contries owe America
money, even contries that we owe money to. So
it would make sense to cancel out the debts by
getting the contries that owe us to pay back.
This would greatly decrease our debt and
inturn slow the intrest that accures.

Although this seems like an easy task we are
talking about a huge debt and a lot of
people who disagree on how to handle it. I
hope that we can start to buckle down and make
positive changes before it is too late.

back to home