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Where does the money come from?

Posted on 12/25/22 at 9:59 am
Posted by Simplemaaan
Member since Sep 2007
4063 posts
Posted on 12/25/22 at 9:59 am
Someone please explain to me like I’m Joe Biden where we get all this money from to give away? When will this bubble burst?
Posted by Night Vision
Member since Feb 2018
18753 posts
Posted on 12/25/22 at 10:01 am to
Posted by ldts
Member since Aug 2015
2860 posts
Posted on 12/25/22 at 10:05 am to
Posted by TrueTiger
Chicken's most valuable
Member since Sep 2004
79805 posts
Posted on 12/25/22 at 10:12 am to

It's faith based at this point.

Which shows how deeply religious this country really is.
Posted by Pendulum
Member since Jan 2009
7902 posts
Posted on 12/25/22 at 10:19 am to
That piece of paper in your pocket is now worth less. The person who wrote the iou wrote too many.
Posted by Padme
Member since Dec 2020
9252 posts
Posted on 12/25/22 at 10:21 am to
It’s like a tax at will, the value comes at our expense
Posted by boogiewoogie1978
Little Rock
Member since Aug 2012
19314 posts
Posted on 12/25/22 at 10:24 am to
quote:

That piece of paper in your pocket is now worth less. The person who wrote the iou wrote too many.

Not for the politicians. They have doubled the amount they hold through laundering.
Posted by prplngldtigr
just up da bayou from down
Member since Dec 2004
7857 posts
Posted on 12/25/22 at 10:27 am to
You should really take a look at your paycheck in more detail.

The government doesn’t have a dime to piss away without theft from its own citizens.

Modern day indentured servants.
Posted by Corso
Atlanta
Member since Feb 2020
11789 posts
Posted on 12/25/22 at 12:15 pm to

Posted by BamaScoop
Panama City Beach, Florida
Member since May 2007
56634 posts
Posted on 12/25/22 at 12:18 pm to
It’s all going to blow up. This nation will end up in a far worse position that the Great Depression very soon. People don’t believe it because they can’t fathom it and most of the people that lived through it are gone. We are in the end times of this nation and it’s by design. Greed built this nation and greed destroyed it.
Posted by LaMigra
Member since Nov 2022
2699 posts
Posted on 12/25/22 at 12:21 pm to
quote:

Greed built this nation and greed destroyed it.


Wrong, greed didn’t destroy this nation, Marxists and stupid politicians did!! Big difference
Posted by omegaman66
greenwell springs
Member since Oct 2007
26258 posts
Posted on 12/25/22 at 12:26 pm to
How dare you make a product and allow people to buy it.
Posted by nuwaydawg
Member since Nov 2007
2114 posts
Posted on 12/25/22 at 3:37 pm to
In simplistic terms, the treasury prints/allocates money per legislation, to cover debt owed to the Federal reserve (a Federal bank which is neither Federal, nor a reserve), which then issues bonds to be paid back with interest from taxes collected.

Congress can keep spending, the FED can keep loaning because the dollar is nothing more than paper, supported by nothing other than the promise that it is legal tender for all debts legal and private.

It was once redeemable for gold, then silver, now, a promise.

When all those dollars that we have exported come back, we will see the true value.





Posted by TrueTiger
Chicken's most valuable
Member since Sep 2004
79805 posts
Posted on 12/25/22 at 3:41 pm to
quote:

supported by nothing other than the promise that it is legal tender for all debts legal and private.


It's a lot like bitcoin.
Posted by Hennigan
Member since Jan 2020
1337 posts
Posted on 12/25/22 at 3:52 pm to
Shut it down!
Posted by LookSquirrel
Old Millville
Member since Oct 2019
7653 posts
Posted on 12/25/22 at 4:08 pm to
quote:

bonds to be paid back with interest


Got a question, or two.

Does the FED have an "enforcement division?

What would happen if we missed a payment, or two.., or MORE?
Posted by Riverside
Member since Jul 2022
8251 posts
Posted on 12/25/22 at 4:09 pm to
From Obama’s stash.

Link - El Rushbo

Posted by David_DJS
Member since Aug 2005
21768 posts
Posted on 12/25/22 at 4:28 pm to
quote:

It's a lot like bitcoin.

Bitcoin has an established max coins that can be mined. So it really isn't like Bitcoin at all.
Posted by GumboPot
Member since Mar 2009
138911 posts
Posted on 12/25/22 at 4:31 pm to
Honest answer is this:

Congress appropriates funding.

There are two ways to pay for this funding:

1. Tax revenue.
2. Sell treasury bonds (to go into debt).

Number two is where money is added to the economy.

Many people and entities buy treasury bonds. The two major groups are the Federal Reserve and not the Federal Reserve.

When there are not enough buyers not the Federal Reserve, the Federal Reserve steps in and buys. This is where money is “printed” or added to the economy.

The amount of bonds the Federal Reserve buys with printed money depends on how much debt (bonds) Treasury cannot sell and how far the FR is away from its stated goal of 2% inflation.
Posted by oldskule
Down South
Member since Mar 2016
23148 posts
Posted on 12/25/22 at 4:43 pm to
It will burst....the question is when?
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