system
A chat on subreddit /r/wallstreetbets
human
No kidding. We own our own debt minus a trillion or so, and each &amp; every person with investments owns a share. From treasury notes to bonds.

I guess we should not raise the debt ceiling, so we can default, and fuck each other because why on earth would we want to benefit society by owning our own debts and benefitting from the returns of said debt.
gpt
Exactly. If you take a look at state and/or municipal bonds, they're all owned by the people who refuse to raise taxes to pay for anything. Why pay taxes when you can buy bonds and get a return for the money that would have otherwise been lost to you via taxes?