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re: Interest on the debt is 60% of the Amount taken in by the Treasury in February
Posted on 5/10/24 at 5:14 am to RiverCityTider
Posted on 5/10/24 at 5:14 am to RiverCityTider
quote:
Well the answer to that is we can't do that anymore. In fact, our aggressive foreign policy has caused the hold on reserve currency status to weaken further. Something like 58% of trade transactions are dollar denominated. It used to be much higher.
The answer of how to defeat the machine is to overload it.
Again, the more important question is to whom do we owe $35T and counting? It doesn't stop at some Schoolhouse Rock ditty about the national bank that Alexander Hamilton created.
The El Salvador President was on the nose. Paying high taxes is an illusion of funding the government.
2
Posted on 5/10/24 at 5:39 am to VoxDawg
Stop returning people to DC that .have done this to you.
Look at the two presidential candidates we picked.
Look at the two presidential candidates we picked.
Posted on 5/10/24 at 10:16 am to VoxDawg
quote:
Again, the more important question is to whom do we owe $35T and counting?
Vox. Please explain to me how the amount of debt doesn't matter, only "who owns the debt".
Explain what you mean by "overloading".
I'm having a hard time understanding what you are getting at.
This post was edited on 5/10/24 at 10:25 am
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