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Where does the money come from?
Posted on 12/25/22 at 9:59 am
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 on 12/25/22 at 10:12 am to Simplemaaan
It's faith based at this point.
Which shows how deeply religious this country really is.
Posted on 12/25/22 at 10:19 am to Simplemaaan
That piece of paper in your pocket is now worth less. The person who wrote the iou wrote too many.
Posted on 12/25/22 at 10:21 am to Simplemaaan
It’s like a tax at will, the value comes at our expense
Posted on 12/25/22 at 10:24 am to Pendulum
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 on 12/25/22 at 10:27 am to Simplemaaan
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.
The government doesn’t have a dime to piss away without theft from its own citizens.
Modern day indentured servants.
Posted on 12/25/22 at 12:18 pm to Simplemaaan
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 on 12/25/22 at 12:21 pm to BamaScoop
quote:
Greed built this nation and greed destroyed it.
Wrong, greed didn’t destroy this nation, Marxists and stupid politicians did!! Big difference
Posted on 12/25/22 at 12:26 pm to LaMigra
How dare you make a product and allow people to buy it.
Posted on 12/25/22 at 3:37 pm to omegaman66
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.
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 on 12/25/22 at 3:41 pm to nuwaydawg
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 on 12/25/22 at 4:08 pm to nuwaydawg
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 on 12/25/22 at 4:09 pm to Simplemaaan
Posted on 12/25/22 at 4:28 pm to TrueTiger
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 on 12/25/22 at 4:31 pm to Simplemaaan
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.
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 on 12/25/22 at 4:43 pm to Simplemaaan
It will burst....the question is when?
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