--- title: "Meaning & Key Takeaway of: Posterity does not pay off anything of…" description: "\"Posterity does not pay off anything of the national debt. Each administration adds to the debt left to it, and the promise of liquidation implied in ev..." image: "https://sms4smile.com/quotes/i/667/frank-chodorov-17300_add_posterity-does-not-pay-off-anything-of-t_459270.jpg" --- # Posterity does not pay off anything of the national debt… ![“Posterity does not pay off anything of the national debt. Each administration adds to the debt left to it, and the promise of liquidation implied in every bond issue is a false promise.” quote by Frank Chodorov](https://sms4smile.com/quotes/i/667/frank-chodorov-17300_add_posterity-does-not-pay-off-anything-of-t_459270.jpg) [Download](https://sms4smile.com/quotes/i/667/frank-chodorov-17300_add_posterity-does-not-pay-off-anything-of-t_459270.jpg) [Open image](https://sms4smile.com/quotes/i/667/frank-chodorov-17300_add_posterity-does-not-pay-off-anything-of-t_459270.jpg) > “Posterity does not pay off anything of the national debt. Each administration adds to the debt left to it, and the promise of liquidation implied in every bond issue is a false promise.” [Frank Chodorov](https://sms4smile.com/quotes/author/frank-chodorov/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Future generations inherit the national debt, making current promises of repayment unrealistic and burdensome. **In simple terms:** Future generations bear the debt; promises are false. Key Takeaway Plan fiscal responsibility now. Themes economics intergenerational justice public policy Mood cautious critical Type analytical political When to use this quote - budget planning - policy reform - public education Key Concepts fiscal sustainability government borrowing social contract Questions to Reflect On - How can we reduce debt without harming growth? - What responsibilities do we owe future citizens? A Different Perspective Debt cannot be erased without systemic change. ★ ★ ★ ★ ★ No ratings yet [Administration](https://sms4smile.com/quotes/about/administration/) [False promises](https://sms4smile.com/quotes/about/false-promises/) [Issues](https://sms4smile.com/quotes/about/issues/) [Management](https://sms4smile.com/quotes/about/management/) [National debt](https://sms4smile.com/quotes/about/national-debt/) [Promise](https://sms4smile.com/quotes/about/promise/) [Taxes](https://sms4smile.com/quotes/about/taxes/) ## Related quotes > [“People who will not turn a shovel full of dirt on the project nor contribute a pound of material, will collect more money from…](https://sms4smile.com/quotes/thomas-a-edison/people-who-will-not-turn-a-shovel-full-of-dirt-on-the-project-nor/) [Thomas A. Edison](https://sms4smile.com/quotes/author/thomas-a-edison/) > [If the Nation can issue a dollar bond it can issue a dollar bill. 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