>>4507271God you're stupid.
When the government needs to spend money, it gets its revenue through taxes and by selling Treasury Bonds, which is effectively borrowing money from investors and banks, as well as the Federal Reserve Bank. The revenue it receives from sales of bonds to the Federal Reserve Bank is then injected in to all the other banks as the government spends money, which is what creates the initial cash “seed” that all other lending is based on – the economy buys debt from the federal government, which uses the cash to feed back in to the economy.
It's a vicious cycle and the federal reserve is a private bank with unknown investors all over the world.
Literally neck yourself if you agree with this model because Andrew Jackson is turning over in his grave knowing we have a central bank.
