>>19951001Wait until US taxpayers figure out that the payroll taxes collected for social security, medicaid and unemployment are then used to purchase specially-issued, non-marketable US treasuries (aka Government Account Series, aka GAS) and THE US TAXPAYER IS THEN CHARGED INTEREST ON THESE US TREASURIES BOUGHT WITH THEIR PAYROLL TAXES.
This is called the Intragovernmental Debt (the interest that we pay on this is the left hand column in pic related), it is included in the US Public Debt along with the other interest paid to issue the Federal Reserve’s currency in the form of bond debt (these are called Public Issues and the interest paid on these is in the right hand column of pic related and detailed in this post
>>19951001)
Pic related is total interest paid for FY 2022 to borrow the Federal Reserve’s private currency in the form of bond debt (Public Issues plus Intragovernmental Debt)
$718 BILLION
$718,000 MILLION
$718,000,000,000 paid in interest to issue their Federal Reserve Note out of thin air in the form of bond debt in FY 2022
