Sunday, May 28, 2023

The Need for the Debt Ceiling

Wish someone could tell me,
What the debt ceiling means,
Other than an arbitrary number,
From nineteen seventeen,

When printing a dollar meant there was gold,
Ready to back it up,
That rule came and went a few times since then,
But not since the ceiling debt did erupt

Debt in the first place is only as strong,
As the dollar remains,
The U.S. gold vault could be filled with moths,
Still, backed by fighter planes.
What is my point?
Maybe there isn't one,
Either things are exactly as they seem,
Or bound only by imagination.

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