>>19986846US taxpayers paid the IRS $562 Billion in interest alone in fiscal year 2021 to borrow the Federal Reserve’s debt-based currency out of thin air in the form of bond debt
$562 billion
($562,000 million)
Pic related
How it is:
>US government needs currency >US Treasury prints up some bonds>NY Federal Reserve creates Federal Reserve Notes out of thin air and its primary dealers then buy 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 NYFed’s shareholders, the primary dealers (the big banks), this is the ‘Public Issues’ portion of the US Public Debt How 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 itNo one is really expecting boomers to:
1 admit what they have done
2 apologize for it
3 see what they can do to fix it now
But everyone is expecting boomers to:
1 double-the-fuck-down on their greed, arrogance and hubris
