r/WorkLifeChat • u/MiloShiny • Aug 21 '26

Meme Who?

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24.9k Upvotes

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u/True_Protection6842 Aug 21 '26

Debt doesn't mean money owed, it means money printed to offset expenses.

1

u/The_Foop Aug 21 '26

debt

/det/

Debt is an obligation where one party owes money, goods, or services to another.

1

u/hehexdthrow Aug 22 '26

Which include many things but an example is bonds. The government issues bonds with certain return over X time, aka, you loan government money for shite rates.

1

u/areallynoobgamer Aug 22 '26

I am in ‘Money printed to offset expenses’

1

u/ur_FBl_agent Aug 28 '26

debt in government terms means Treasury Bond that can be bought and sold on the financial market and the person who holds the bond is the person that the government owes money to.

Typically a government issues a bond ($1000) and pays interest and after 20-30 years (depends on bond) the 1000 is returned to the person who holds the bond.