>>15500340Well, it definitely isn't studying the fucking Fed.
US taxpayers paid $562 Billion in interest alone in fiscal year 2021 to issue our own currency out of thin air in the form of bond debt
$562 billion
($562,000 million)
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How it is:
>US government needs currency >US treasury prints up some bonds>Federal Reserve creates money out of thin air and buys said bonds from US Government>US government now has new currency created out of thin air by Fed banks>Now, US taxpayers owe interest (and principal) on said US bonds, as well as paying a fee to the Fed’s shareholders which are called the primary dealers (the big banks), this is the US Public DebtHow it should be:
>Congress makes annual budget>Tax revenues are collected and any budget shortfall (deficit) is then new debt-free US Notes issued by the US Treasury itself, no bonds needed, no US Public Debt to issue our own currencyAre Americans ever going to realize this fraud?
>when a generation sells the futures of their country and their offspring for unsustainable and lavish wealth and their offspring are too stupid to realize itAnd in addition to the scheme above, then they use these treasuries like chips in a big casino with repo, reverse repo, margin loans, foreign swaps.....
