AAAAIIIIIIIIEEEEEEEE!!!!!!!
>>526145916Send another 100 billion to Somalia and another trillion into random contractors with no offices or services. America shall learn the pain of operating an empire without death penalty for corruption and independent officials for sniffing out corruption.
>>526145916The world bankers, Rothchilds etc use rigged elections to pick their politicians.They are placed to increase the debt. That's the main reason. They are told to borrow and spend as much as possible to increase the debt by design.The Rothchilds want the interest. Generational wealth and power.THe US pays 50 billion a month in interest alone.You can purchase 3-4 aircraft carriers every month with that, of buy off every influential person on the planet with one months interest.
>>526145916Pay dembts
>>526146257They wont. They will default. They are losers and they are going to crash world economy.
They increase their debt to untold heights to make the Skaven population grow.https://www.youtube.com/watch?v=FcuwAp7Reg8https://www.youtube.com/watch?v=Nd17ZGaoZ58
>>526146056a huge chunk of the debt is due to social security and medicare, as well as israeli proxy wars in the middle east and trillions of gibs to individuals and businesses during COVID.foreign aid shouln't exist -- but it's not why we're $38.6T in debt.
>>526146320They should just pull themselves up by their bootstraps and work harder then
>>526146395Social security and medicare for fat people and unproductive people. You need to trim the fat and redirect your money into your universities. You also need to purge your universities of kikes and women. Else we enter the multipolar world and Singapore gets destroyed. Get your shit together.
>>526145916I'd listen to that Dave Ramsey episode
>>526145916Print more money to devalue the dollar, then 40T will be like a big mac meal. Trump will then just invite the creditors to Mcdonalds to settle the debt.
how much of the debt should we give as reparations?
70y mortgages before 2030.
>>526146765All of it.
>>526145916"Once We(Jews) will leave(Galut Edom) this place, Hashem(God) will bury America."~ Rabbi Yosef Mizrachi
>>526145916The Samson Option is a rug pull.
That’s funny- why did you post the price tag of all Venezuelan oil, all resources of Greenland and the real estate of Cuba?
>>526145916Debt to whom?
>>526147680>venezuelamaduro's regime is still in charge. US oil companies say they want nothing to do with it.>greenlandsee above.>cubareal estate in a third world shithole is practically worthless.
>>526147592>the nation of Amerimuttica has a negative net worthOH NO NO NO... AMERICA IS BROKE AS FUCK YO!
hi guys I'm a little baby can anyone explain to me how picrel makes any sense?
It simply isnt real, nobody can forcibly collect the debt and the global economy collapses if more doesn't keep being added. Just sit back and hope to see it collapse under its own weight in your lifetime
>>526145916>>526146103I'm out and it's not my problem anymore.
>>526146257Why though?
>>526145916thats good it means your economy is big. You should take as much debt as possible, not like you're ever gonna pay it anyway
>>526145916Just a liiiiitle bit more to dat big 4-0!
>>526147750Oh look. Homosexuals are telling faggot fiction.
>>526151307>hi guys I'm a little baby can anyone explain to me how picrel makes any sense?It doesn't. The government pays interest to the fed but their profits ultimately end up in the treasury. So the bigger picture is that the government can borrow unlimited money for free. The only limits are currency devaluation and short-term interest spikes.
>>526152176>Homosexuals are telling faggot fiction.The ones that your kike paedophilic guru is hosting in his mansions?
>>526146257Sneed's Feed & Seed (formerly Chuck's). Also, "Bart's Fart & Shart" doesn't make any sense because the store wasn't called "Feed & Sheed" under Sneed's ownership so stop posting it.
>>526145916Trump has added $8 trillion in less than a year
>>526145916DOGE dividend check status?
>>526145916wait so americans are as poor as the rest of the world but are just living large on credit like niggers?
>>526146395We pay for Social Security in advance from each of our paychecks. Why isn't that money there now? Congress borrowed and spent it. And Congress allows corporations to cheat and steal from Medicare. Rick Scott is a classic example.
>>526145916Most of that is money we owe to ourselves.
>>526146528>universitiesAnon, our universities get a metric fuck ton of money. Infinitely more than they should considering, globablly speaking, not just the US, almost all classes and universities are completely fucking useless. Barely anyone actually needs to go to them. Only select few fields actually benefit from them (essentially the ones where its mandatory, like being a surgeon).
>>526153428>Most of that is money we owe to ourselves.>we>ourselvesActually it's the money boomers spent so YOU and your children will have to return it in the future. Enjoy.
US 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 relatedHow 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 AND DIVIDENDS 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 itp.s. US taxpayers paid $1.1 TRILLION IN INTEREST ALONE for FY 2024 to borrow our own currency from the private and now bankrupt Federal Reserve franchises. The interest to borrow the Fed's private currency has fucking ~doubled in the last three years. Let that sink in. >and another $1.2 TRILLION for 2025, too lol
>>526153154fake news, you lost tranny
>>526153154>yearthis is untrue, i just checkedtrump added $1.7 T in debt over FY2025this was $100B less that Biden's 2024so YOY he actually decreased borrowing by $100B in addition to cutting out $18T of waste and fucking fraud
>>526153781Wait until US taxpayers figure out that the payroll taxes collected for social security, medicaid and unemployment are then used to purchase specially-issued, non-marketable US treasuries (aka Government Account Series, aka GAS) and THE US TAXPAYER IS THEN CHARGED INTEREST ON THESE GAS TREASURIES BOUGHT WITH THEIR PAYROLL TAXES. This is called the Intragovernmental Debt and is included in the US Public Debt. The interest that we pay on Intragovernmental Debt is in the left hand column in pic related and the other interest paid to borrow the Federal Reserve’s currency in exchange for US Treasury debt (these are called Public Issues —-aka Debt Held by the Public aka Marketable debt) is in the right hand column of pic related and the creation of these Public Issues is detailed in the text in >>526153781Pic related is total interest paid on US treasuries for FY 2022 to borrow the Federal Reserve’s private currency in the form of bond debt (Debt Held by the Public + Intragovernmental Debt = US Public Debt)$718 BILLION in interest paid$718,000 MILLION in interest paid$718,000,000,000 in interest paid to issue their Federal Reserve Note out of thin air in the form of bond debt in FY 2022
>>526153781Sorry the masses can’t hear you over the nigger ball, culture war, and vtuber they were pacifying themselves with. Next time just shout ‘it’s Jews’ so you get their attention and wrath because antisemitism.
>>526154428you really aren't adding anything to the discussion or the solutionyour post merely divides and enrages, it neither informs nor solves>>526154404<<<——$882 Billion in interest paid in fiscal year 2023 (FY 2023) to have the NYFed's primary dealers issue our currency out of thin air in the form of bond debt ($666B interest on $34T of Public Issues plus $216B interest on $123T of Intragovernmental Debt)$666B lol, can't even make this shit upjust to let you all know, I am on vacationso i can go all fucking day
The 40 000 000 000 000 threshold will need a big distraction so the goyim doesn't get too butthurt, muttmerica needs a new butthurt manager.
>>526154794US taxpayers paid $1.1 TRILLION IN INTEREST ALONE for FY 2024 to borrow our own currency from the private and now bankrupt Federal Reserve franchises. The interest to borrow the Fed's private currency has fucking ~doubled in the last three years. Let that sink in.pic rel is for this ^^^^^text that was already posted at the end of this post >>526153781 as a postscript
>>526145916this is why shit is getting more expensive by the way. the US dollar is literally worthless and you're just seeing people demanding more til it becomes literal toilet paper.
>>526146103Sauce me friend
>>526146528>Advanced aircraft enginesok, come on, this has to be bait.they just finished their own in-house engine for their meme planes and on-paper specs still put it behind an F135.
>>526155124>the Federal Reserve Note* is literally worthlessftfyA reminder, Federal Reserve Notes are what are being issued to worthless oblivion and>the US dollar is a fucking UNITWe need to AGAIN issue debt-free, Treasury-issued US Notes like we did before (and during) the bloodsucking, obsolete Federal Reserve. We need to AGAIN issue debt-free US Notes that are pegged to a basket of commonly-used weighted commodities, distributed by a series of state banks.We can:1 nationalize Fed banksOR2 dissolve Fed and have a series of state banksOR3 issue US Notes simultaneously AGAIN and eventually recycle worthless Federal Reserve Notes out of circulationOR4 YOU CAN RIGHT NOW: use cash/barter/stack/use credit unions/use cold wallets, these five things IMMEDIATELY transfer power directly to the peopleUSE CASH, NO MATTER WHAT COUNTRY YOU ARE IN, cash IMMEDIATELY puts the power in the hands of the people. Treasury-issued paper fiat (aka cash):>is permissionless>is private>is anonymous>has no transaction fees>works in power outages>doesn’t need the internet>don't need to be a coder to use it>doesn't depend on another party having a device>everyone knows exactly how much they have>has no transaction limits or thresholds for reporting>money laundering is harder with physical cash, due to transport>is inclusive, it does not see race>is harder to use in ransoms>can’t be hacked>don’t need to remember a password to use it>IS the ultimate in payment platforms>using cash helps people to save money and budget>puts the power directly in the hands of the people >keeps the currency near the REAL goods and services>less paperwork>is face to face, not face to screen>makes government theft harder>using cash forces the debt-based Federal Reserve to serve the citizensBoycott businesses that do not take cash.NEVER USE YOUR PHONE TO PAY. Barter is the real torpedo to these fucking clowns.
It does not matter.Structurally the debt has to exist in order to leave money behind in the economy -- because money is ultimately created by the State.If the government paid the debt off entirely, it would require removing $37-38T or whatever it is OUT of the private sector. There's no real good explanation or reason why you would want to do this. That's how Bill Clinton caused the dotcom crash.Now, in the alternative, the country could start running a large enough trade deficit to gradually eliminate the debt (but we currently do not) or the government could bring the interest rate below the growth rate and slowly eliminate it that way.
'fiat' isn't the problemWHO IS ISSUING the 'fiat' IS THE PROBLEM and that the Fed's private fiat IS INTEREST-BEARING is the fucking problemFIAT, CREDIT-BASED INTEREST-FREE US NOTES ISSUED BY THE US TREASURY WORK FOR THE PEOPLE AND ARE INTENDED TO BE AN INTEREST-FREE TOOL TO FACILITATE COMMERCEFIAT, DEBT-BASED, USURIOUS, INTEREST-BEARING FEDERAL RESERVE NOTES ARE FUCKING BORROWED FROM THE PRIVATELY-INCORPORATED NY FEDERAL RESERVE FRANCHISE AND ONLY ENRICH THE NYFED’S PRIMARY DEALERS AND THEIR CRONY/POLITICAL ILK AND ENSLAVE THE POPULATION IN BOND DEBT Fiat is given value BY A NATION'S CITIZENS.If the nation's treasury is the one issuing it, fiat is not a problem.
>>526147680Venezuelan oil stocks are fake. Maduro quite literally made up the numbers, they don’t have a third the oil they say they do
>>526146320>They wont. They will defaultDefault triggers debt-collapse cascade and bankruptcy.They will inflate, as they always do
First:US Gold Notes and US Silver Notes are interest-free, metals-backed, NON-fiat notes that could be issued by the US Treasury TODAY.US Notes are interest-free, fiat notes that could be issued by the US Treasury TODAY, they can also be metals-backed and were intended to be used as a tool for the citizens to trade.Federal Reserve Notes are DEBT-BASED, fiat notes issued out of thin air by the privately-incorporated, now-BANKRUPT Federal Reserve 12 regional franchises and are currently bankrupting the US Treasury.All of the above are ALL DENOMINATED IN US DOLLARS (aka $US), which is a fucking UNIT. And secondly, there are FOUR ways currency is created in the US:1 Congressionally-approved Public Issues treasuries for deficit spending via the issuance of marketable US treasuries sold by the NYFed’s primary dealers aka Debt Held by the Public (now ~$38 T)2 Intragovernmental Debt GAS securities (aka ‘Unfunded Liabilities’) that are created/issued for currency to run public agencies (over ~$134 T now) and ARE PURCHASED WITH YOUR PAYROLL TAXES3 The commercial tier 2 depository banking sector, it makes small loans in which only the interest remains in the banking system after the loan is paid back (the principal and repayments are destroyed when the loan is repaid) —this can remain when the Fed is dissolved4 QE, this is fucking counterfeiting by the now-insolvent NYFed's primary dealers since 2008 via IOER (now called IORB) and we pay all sorts of interest on this, increasing every day with raising rates FUCKING PIC RELATED>QE is UBI for the NYFed
>>526146528redirect your money into your universities? why what innovation as come from our universities since they've been accepting foreign enemies?
Take the time to actually learn how money works. That will be far more productive than engaging with right-wing schizo conspiracy theorists who only exist to obfuscate on behalf of liberalism.https://www.youtube.com/watch?v=pex89N9OqogRead a book.
>>526155782>US Gold Notes and US Silver notes are interest freeThere is no physical requirement whatsoever that the US Treasury sell bonds to finance itself. It is a purely legal construct that would or could be changed no different than any other law.In actual mechanical terms, the US Treasury is not even financing itself today with the bonds it is legally required to issue. Selling bonds is a mechanism to drain excess reserves created when Congress apportions spending.
All the richest countries have trillions in debt. Assuming we don't owe that debt to Angola and Guatemala you see the reality that debt is currency. Out of all the things that could cause societal collapse debt is not one of those. When you are rich debt is an asset.
>>526156013I should also add that there is no physical OR legal requirement that US bonds bear interest. The Treasury, same as the Fed, is a monopoly operation and can set its yields anywhere it wants (just like the Fed can set the overnight interest rate anywhere it wants).There is no market mechanism here.
>>526155782>issue currency in denominations of gold and silver>people come to realize what their labor is really worthRiots before dawn. This bullshit is following the only path left available to it, and it will follow that path until the ground gives way beneath its feet. Plan accordingly.
>>526145916That's nothing, China printed at least $22 trillion over the last 5 years.
>>526155815So if government debt doesn't matter and is just a way to set interest rates, why do we pay interest on the debt? It seems like a big problem if you're paying 1/3 of your tax revenue to interest payments.
>>526156013>There is no physical requirement whatsoever that the US Treasury sell bonds to finance itself.agreed>Selling bonds is a mechanism to drain excess reserves created when Congress apportions spending.>kek debating the intricacies of the debt-based Federal Reserve franchises and their now-bankrupt Federal Reserve Note which is a DEBT-BASED currency, which is doomed to fail (as it is now lol)i also do not subscribe to MMT eitheralso, DEBT is a DIRECTION OF A TRANSACTION, not a backing for a currency lol pic fucking related
Americans are very easy to rip off, why is this a surprise? Just 3 days ago AIPAC was bragging on twitter that Israel received another 4 billion dollars. No vote in the Congress. Nobody asked the Americans. Shit, I don't think even the news reported on it. 4 billion, gone just like that, no questions asked. Banana republic when shit like that can slide. Meanwhile Elon the bozo was bragging and pounding his chest for (rightfully) 250k to Ugandas or some other retarded shit.
>>526156235>people come to realize what their labor is really worththis is really what it is‘Nazis', which is a word that specifically refers to Germans in the 1930s practicing THEIR brand of ‘national socialism’.National Socialism is really JUST an economic strategy in which LABOR BACKS THE CURRENCY. The term 'Nazis' is now used to impart a fear of ‘national socialism’ (the innocuous economic strategy that backs money with labor), b/c the status quo REALLY are in fear of national socialism. The classists are really in fear of the people realizing it is their LABOR and productivity that backs our currency.
>>526154404>>526154794This. Bonds are the biggest scam in politics. It's how rich people pay taxes, except they get it all back plus interest. Seize their capital.
>>526156597>LABOR BACKS THE CURRENCY.the treasury knows labor backs our currency, why doesn't Trump?
>>526156637>Bonds are the biggest scam in politics. It's how rich people pay taxes,‘Investing’ is just the embedded NOW-BANKRUPT Federal Reserve Uniparty further bankrupting the US by citizens putting their private fiat Federal Reserve Notes back into their own debt-based system via the treasury market.The irony in a debt-based central bank and its debt-based private central bank currency is that each ‘saver’ that thinks they're investing in their nation by purchasing treasuries, are actually bankrupting it with debt.some pasta:‘Investing’ is just the embedded NOW-BANKRUPT Federal Reserve Uniparty further bankrupting the US by citizens putting their private fiat Federal Reserve Notes back into their own debt-based system via the treasury market.The irony in a debt-based central bank and its debt-based private central bank currency is that each ‘saver’ that thinks they're investing in their nation by purchasing treasuries, are actually bankrupting it with debt.this is how stupid people have becomethe Federal Reserve Uniparty, which is trying to pass itself off as being representative of the citizens of the United States.The "United States" has been hijacked by a private banking franchise.Credit-based fiat, interest-free US Notes issued by the US Treasury for the citizens to use for daily commerce are VERY DIFFERENT from debt-based, borrowed, private, interest-bearing Federal Reserve Notes issued by the bloodsucking BANKRUPT NYFed, which are then also used to primarily reinvest back into the NYFed’s securities casino.‘Investing’ is just people further bankrupting the US by putting the NYFed’s private Federal Reserve Notes back into their debt-based system via the US Treasury bond/MBS market.
>>526156697Technically you could simply dissolve the Federal Reserve for egregious breach of contract.The mandate says "Stable Prices", not stable inflation.
pic relatedAND the fucking incompetent Fed thinks their IORB and RRP policies bankrupting the Treasury is A RUNNING TALLY THAT THEY ARE TO BE REPAID (today, the bankrupt Fed franchise is ~$245 B in the hole)so essentially, the NYFed is trying to ROB US TWICE kek WITH THE SAME FUCKING CONthe american people are going to bulldoze right the fuck over the broke and detrimental Federal Reserve and its bankrupt fucking franchises, especially the $145 BILLION IN THE HOLE NYFed
>>526153781you will own nothingyou will be a debt slaveand you will like it
>>526156336That is a great question and the simplest answer is probably because entrenched interests want to earn interest risk free. Warren Buffet understands this very well -- when US debt was downgraded by Moodys' he countered that it ought to be rated AAAA. Meaning, the US government can't run out of money (this is not the same thing as being able to spend infinite money with no consequences).But maybe it's a good idea to pay interest. Pension funds love to buy bonds and earn interest on them. That's what a large part of the "debt" is -- it's just people's social security accounts. Of course, the government can make those SS payments anyway because it creates the money, but I don't know. It's a policy choice!One minor quibble, though: The government, at least at the federal level, is not collecting taxes for revenue. The federal government creates new money every time it spends. It does not need to earn or collect tax revenue before it can spend. Taxes instead destroy money, acting as a check on inflation, to redistribute income (this might be good or bad, i don't know), to modify behavior (you get a tax credit for having a child, you pay vice taxes when you buy cigarettes or alcohol).https://home.hiwaay.net/~becraft/RUMLTAXES.htmlBut I suppose long story short on your overall question, there are a lot of very rich people who are very invested in the narrative that the government needs to "borrow" money to finance itself.
>>526145916Who do they owe?Themselves?
>>526146320>worldNope. China has been pulling out for a few years now.It's just the jew-run countries whose economies will crash.
>>526156973>breach of contract.you can say that again, it is working against the citizens, the Fed is quite literally trying to remove the currency from the hands of the peoplepic definitely related:The now-bankrupt Federal Reserve franchise collateralizes their worthless Federal Reserve Notes with US treasuries (aka securities).The 12 Fed franchises are now bankrupt and don't have enough collateral to request more fiat. It is being suggested now to take regional Fed shareholder capital or even regional Fed owner’s assets to back their worthless Federal Reserve Notes under Section 2 of the Federal Reserve Act. Every uncollateralized Federal Reserve Note being issued today is a lien on the assets (and shareholder capital) of the now-bankrupt NYFed's owners, including its largest owner, JPM.How is JPM making record profits when the NYFed's private franchise ITSELF is ~$145B in the hole?Why is JPM still being paid dividends when the NYFed is insolvent?When money replaces actual success, only the sleazy will be rich.
>>526157108kek my time is my ownthe more skills you have, the less money you need
>>526156973>egregious breach of contract.The Federal Reserve Act of 1913 says it will back each $1 Federal Reserve Note in circulation with forty cents of gold.They don't do this.The Federal Reserve Act of 1913 says that bankers are to be held personally responsible if they fail.They are not.The Federal Reserve Act of 1913 says if a Fed bank is insolvent, it is to become the property of the US.It doesn’t.The Federal Reserve Act of 1913 says that insolvent Fed banks shall forfeit their shares in their Regional Fed.They don’t.The Federal Reserve Act of 1913 says that it will use its profits to supplement the gold reserve and pay down any US debt.It definitely doesn’t do this. LOL PIC RELATEDThe Federal Reserve has 3 mandates —people now only talk about the dual mandates, which are stable prices and low unemployment—the third mandate is to keep long term interest rates constant.They don't do this. The Federal Reserve Act of 1913 says that the Fed will maintain parity of all forms of legal money issued by the US and strengthen the gold reserve.They don’t do this.The Federal Reserve Act of 1913 says the Fed Board will audit Fed banks at will.They don’t do this.The Federal Reserve Act of 1913 says its by-laws are not to violate US law.They do.The Federal Reserve Act of 1913 says that Fed banks cannot discount stocks or commercial paper.They do.The Federal Reserve Act of 1913 says each Fed bank will maintain a surplus fund from its profits, up to 40% of its paid-in capital stock.They don’t do this.The Federal Reserve Act of 1913 says the Fed Board will supervise Fed banks.They don’t.The Federal Reserve Act of 1913 says Fed banks will publish complete details weekly of their assets and liabilities, as well as the nature of their transactions.They don’t do this.The Federal Reserve Act of 1913 says the Fed is required to write off worthless assets on its books.It doesn’t do this.and
>>526156973>The mandate says "Stable Prices", not stable inflation.Your standard is wrong because you're a baby which was pampered its whole live. You have no clue what unstable prices look like.
>>526147739National Debt is not like personal loans.There is nowhere to pay back national debt to - because it was borrowed into existence
>>526145916They already said there's infinite money at the Fed Reserve, the whole gamble is how much USD supply can they offload to other countries in exchange for labor and resources.
>>526157491andThe Federal Reserve Act of 1913 says it is to have reserves in gold equal to 35% of its deposits.It doesn’t do this.The Federal Reserve Act of 1913 says it will maintain a gold account at the Treasury.It doesn’t do this.The Federal Reserve Act of 1913 says the Fed’s franchise will be forfeited if they violate law.It is not.The Federal Reserve Act of 1913 says that Federal Reserve Notes will be redeemed for gold.They’re not.The Federal Reserve Act of 1913 says Fed bank owners will be held responsible for all regional Fed bank operating expenses, debts and contracts.They aren’t.The Federal Reserve Act of 1913 says Fed member banks will not repurchase US treasuries that have maturities greater than six months from their date of purchase.They do.The Federal Reserve Act of 1913 says US Treasury yields are to be paid in tax-free gold.They aren’t.Gold is mentioned 53 times and on 11/25 pages. The word gold is littered throughout the Federal Reserve Act of 1913, basing one promise after another on GOLD. It was the ONLY reason the legislation passed.The Federal Reserve Act of 1913 says the Federal Reserve will not pay any income tax, its shareholders will receive a 6% dividend or the yield on a US 10-year treasury (whichever is lower) and also to have all their travel expenses paid.They did manage to uphold these parts of the Federal Reserve Act of 1913.Why do we have a Federal Reserve again?A thread for the above:https://archive.4plebs.org/pol/thread/378535945/#q378535945
>>526157310It makes no difference to the US at al if China wants to buy bonds. As has been explained in this thread already, the US government does not need to sell bonds to finance itself.The only way that China can buy bonds to begin with is if it has US currency. China cannot manufacture US dollars, so they must acquire them first. They acquire those dollars by selling something -- other currencies, other assets, surplus production, etc. -- either to the US or US entities who have dollars or some other entity that has dollars and is paying in dollars.Then China would shift those dollars from a reserve account at the Fed to a securities account at the Treasury -- in the same way you, a retail customer, might move some amount of money from your checking account to your savings account at your local bank.Nobody cares if China buys bonds or doesn't buy bonds. What might be a problem is if the actual production the US is sourcing from China dries up and the US can't adequately replace it. But it has been several consecutive administrations now who have been talking about and putting measures in place to get away from Chinese production dependence, so they don't seem to view that as a problem.
>>526157180So if taxes are just a way to remove money supply, wouldn't it be more efficient to tax banks? They have direct access to the moneystream, and that way you wouldn't need IRS agents. You could levy the tax on bank investments. Like housing.
>>526157665>The only way that China can buy bonds to begin with is if it has US currency.China isn't buying bonds. It's selling them. For gold, not your worthless paper.
Now the Federal Reserve franchises have their dream come true, note the right side of the chart, high reserves and high IORB at the same timethe last time they tried to have both, JPM got raided by the FBI for rigging treasury and silver markets which caused the repo spike, all big banks failed again quietly and got bailed out again for trillions in Sept/Oct 2019 and then we had covid, which shut down the economy and conveniently hid their illiquidity lolthis is why the Fed won't cut rates, it's paying out IORB its the NYfed primary dealers
>>526157670Sure. You could do that. You could also increase spending by the government on the people -- through a job guarantee program, through maybe a UBI (though MMT people tend to not like this as they feel inflationary effects could be unpredictable), or fully subsidized training/education, etc. where you gradually whittle down what people need to utilize banks and bank credit for.
Kek guess when Epstein and Bill Clinton and Larry Summers (the US Treasury Secretary 1999-2001) were all hanging out together on this chart? the late 90s- early 2000's, that's when:>bill clinton was pres>larry summers was treasury secretary>when Clinton counted Social Security twice and everyone thought we had a surplus>when they repealed Glass-Steagall b/c everyone thought we had a surplus for THE FIRST TIME IN 100 YEARS (pic rel), but that turned out to be a fucking lie, toowait until i update this chart loland btw the update that would be added to this chart is the $1.7T I referred to in this post >>526154218
>>526157750No, I fully understood what you were trying to say. You aren't understanding what I am saying, and your insistence that gold is money proves you don't know what you're talking about.The US government does not need anyone -- ANYONE AT ALL -- to EVER buy a bond. Selling bonds is not a borrowing operation. It doesn't need to be lent its own money unit. It creates its own money unit every. time. it spends.Stop posting.
>>526158050>The US government does not need anyone -- ANYONE AT ALL -- to EVER buy a bond.This is the most retarded statement I've heard all day.If the government doesn't need 'anyone at all to ever buy a bond', why is it spending nearly 25% of its tax revenue on servicing its debt? (Note: that 25% will skyrocket when others don't want your shitty bonds anymore, because you'll have to raise rates).
>>526158050These same circumstances apply to any country that issues its own currency. China, Canada, Russia, Japan, etc. None of them need to sell bonds to finance themselves.Europe is more muddled since they have national budgets and economies with a supranational currency that the member nation states are not actually in control of.
>>526158237Because our government is controlled by the wealthy who want guaranteed returns, risk-free. They want you to believe you need to borrow money from them.But why would the government, who issues the money, need to borrow money? The only thing you can buy bonds with is US dollars. So logically, US dollars must exist first.Government spends first.
>>526158050>that gold is money proves you don't know what you're talking about.Gold is the very definition of money in our constitutionAnd a strong currency HAS MANY FORMS, never just one (fiat paper, metal, digital, check, money order, smart contracts, NFTs…).If one wants real change and a strong national currency, there must be multiple forms of a currency, not just one 'savior' form.Fiat is INTENDED TO BE AN INTEREST-FREE TOOL FOR COMMERCE, NOT AN INVESTMENTIt does not escape me that people are primarily motivated to promote the form THAT THEY HOLD THE MOST OF.I promote a debt-free, US Treasury-issued fiat because it serves the citizenry itself and facilitates commerce, not because I want to profit or surveil or datamine or control the said population. These are small goals for small people with small minds, working AGAINST THE INTERESTS OF THE CITIZEN.We can have (and already have had for fucking decades) fucking fiat without the fucking Fed. We will also still have socks and ice cream without the Fed.
>>526157522>You have no clue what unstable prices look like.Everyone living with fiat gets to experience at least one total currency collapse in their lifetime
>>526157180They also want "financial discipline" because if the rubes discover they can just have the government can just spend money and resources to improve people's lives other then make boondoggle projects for the military via contracts with private defense firms their bourgeois gooses are cooked
>>526158387>But why would the government, who issues the money, need to borrow money?They're not borrowing 'money', they're borrowing 'value', you retard. Currency is just a medium.>Goverment spends firstYes it does. And pretty soon all it will be spending on is interest.
>>526158387>controlled by the wealthy who want guaranteed returns, risk-free. KEK PIC FUCKING RELATEDIORB, aka UBI for the NYFed>a fucking risk free skim right off the top of our currency, debauching the very value of our laborpic related is just one of many charts evidencing this in the Dec 2025 report from the senate homeland security committee on the bankrupt Federal Reserve franchisesPic rel is the Rand Paul IORB report: The Fed’s Corporate Welfare Program Released Wednesday, December 10, 2025>Chairman Rand Paul Releases New Report Revealing Hundreds of Billions in Taxpayer-Funded Payments to Domestic and Foreign Banks Through the Federal Reserve’s Interest on Reserve Balances Program (IORB)https://www.hsgac.senate.gov/wp-content/uploads/2025.12.09_IORB-Report-VFINAL.pdf>“At a time of persistent and self-imposed worsening losses at the Fed, the manipulators of the American economy continue to pay banks to do nothing but have their funds sit in a safe,” said Dr. Paul. “How can anybody, especially the populist Republicans and the entire Democratic Caucus, defend such a subsidy when supposed income inequality and the national debt is at the top of the political agenda?”
>>526145916You must add another trillion to buy Greenland.
>>526145916not my problem
>>526145916>gdp 30 trillionNothingburger. Mutts had a higher debt to gdp ratio in the 50s.
>>526146395How can you owe money to yourselves?That is your debt to the Fed, and the interest you pay on it is how they buy your politicians out from under you.
the NYFed is operating on $12B in capital and in the hole itself ~$145B todaythis is all that the largest owners of the NYFed (the primary dealers mostly), would be held accountable for, if they failed, lol, you would think the FBI would give a fuck about this, since the NYFed claims to have almost $10T in assetsThread from Feb 6th 2025 194 postshttps://archive.4plebs.org/pol/thread/496654194200 post thread from Nov 10 2024https://archive.4plebs.org/pol/thread/487963430/#q487963430the great irony here, is the more cash the public uses, the more it forces the Fed franchises to hold interest-free fiat as liabilities (aka CIC cash in circulation) and thus, making US taxpayers’ dollars less available to be spent paying out the liabilities of IORB to primary dealers and interest on reverse repo transactions to MMFspic definitely fucking related from kupiec 2024 paper
>>526158803and its all the same socialism downward spiral like Germany.where 95% of that gdp is state tax mandated "economic growth". tax payer money boosting banks, tax payer money boosting the IT sector and now tax payer money, yet again, boosting the military complex and newly added "AI datacenters"its all fake, all debt, all paid for by the future of white children (as if anyone in the US cares)
>>526158932>How can you owe money to yourselves?it isn't to ourselvesit is to the private Federal Reserve franchisewe borrow our fucking currency from the broke Fed, that IS A FUCKING FAILED CONTRACTORpic rel
The debt-based Federal Reserve (the Fed) and the IRS were both created in 1913.The new IRS conveniently forced everyone to use their new Federal Reserve Notes to pay their new US Federal Income Tax.The Fed was supposed to stabilize the US currency by backing every Federal Reserve Note (FRN) issued (TO BUY US TREASURIES) with 40% gold (40 cents of gold for each $1 FRN issued).In 1933, everyone’s gold was confiscated by the Treasury (except $100 worth/person) b/c the Fed convinced US Pres FDR that Americans were hoarding gold & they were forced to trade their gold in for $20.67/troy oz. Federal Reserve Notes were also now no longer exchangeable for gold.In 1934 the Gold Reserve Act allowed FDR to establish the gold value of the dollar solely by proclamation & raised the exchange rate to $35/oz troy, extracting wealth & value once again from the American public.In 1944, the IMF & the International Bank for Reconstruction and Development (IBRD) were formed at the Bretton Woods Conference.In 1958, Bretton Woods pegs all foreign currencies to the dollar, & the dollar pegged to gold at $35/troy oz. Debt-based Central Banks under the BIS pop up all over the world to facilitate the Fed & the BoE in their check kiting, fractional reserve, debt-based central-banking ponzi.In 1971, Nixon depegs the dollar to gold entirely, making the US currency free-floating fiat, which completely negated the original Federal Reserve Act of 1913, which was to back each Federal Reserve Note issued with gold.In 1974, Pres Ford legalizes gold ownership again without limitation & gold is NOW valued at $42/ozt. The NOW BANKRUPT Federal Reserve & its biggest shareholders, the NYFed’s primary dealers, for the last 50 years & up to today, continue to issue our currency out of thin air, while charging us interest to do so. Rewarding insolvent, failing banks & investment firms using QE and taxpayer money over & over again, acquiring assets during crises, while rigging global markets.
lol, fucking read this
we need to fire the fucking Fed
>>526146395>but it's not why we're $38.6T in debt.lol add $134Trillion to thatthis number is WHAT IS OWED OUT NOW DEPENDING ON WHAT WAS PAID INthese are called unfunded liabilitiesthe Fed is the bfiscal agent for all these treasuries transactions, too, so they get fees just on debt movement as wellpic fucking relatedthe NYFed is the fiscal agent for the IRS and the SOMA (Fed's balance sheet) and the TGA
>>526145916do not worry, the only machines capable of storing this type of integer are made by the US
<<<<---this applies to every country
>>526154794I’ve read The Creature from Jekyll Island and Princes of the Yen, the latter of which is more than enough to radicalize one. The system is designed deliberately to inflict learned helplessness of which is predominantly felt by those intelligent enough to notice yet powerless to debase. Reform won’t occur until elite rolls are utterly exhausted so that those lower elite, upset by the lack of verticality, ally with the proletariat against the upper elite vampires.
this image is 17fucking91 on why we should never have a private debt based central bank manage our currencyholy fuck, the Fed is such a fucking plague upon the world
>>526160166>radicalizekekyou mean being honest?i know being honest and hard working is a radical fucking ideaespecially to lazy skimmers>calling it 'radical' to not want your national currency (the fabric of our fucking nation) fucking destroyed lol the only fucking radical thing going on here is WE ARE BEING FUCKING ROBBED by the broke fucking FedIORB is UBI for the failures of 2008, the NYFed now running the fucking currency into the fucking ground, while bribing its ilk to hoard currency from the citizens
>Numbers don't matter anymore because musk rat said so.
>>526160555>i know being honest and hard working is a radical fucking ideai remember when people were embarrassed to accept money they didn't earn>fucking scumbagsThe NYFed runs the fucking planet, make no mistake about it.<<<——— the international banking cartel driving humanity into the ground>private owners of the NYFed, aka shareholders aka primary dealers>privately-incorporated company>market makers for US treasuries >used to be 46, now there are 24>Five-time felon JPM is the largestBehold, people! The failures of 2008 on fucking QE steroids.>24 nation-less financial corporations destroying the planet with national indebtedness, purposeful arbitrage and false scarcity<<<<----also, NYFed fulfilled its diversity requirement by adding a new Primary Dealer, ASL Capital Markets, owned by an Arab banker (a minority-owned business), been in business three years and now issuing our currency
<<<---i also have this to discuss today in another threadlel crypto turning on the banks
>>526145916ah jeez dood....
>hmmmmmmmmmmmmmmmmmmmmmmm
>>526145916rev up those money printers!
https://x.com/MrWhiplash_/status/2011572880048603186
>>526160863some backgroundcrypto tghought they were going to be able to have rewards so the crypto industry helped/lobbied the Genius Act to pass which said stablecoins cannot pay interestthe stablecoin issuers agrred to this b.c they thought they would be able to give this a run around with 'rewards', but the banks just came in and killed this runaround and are now trying to pass the clarity act which will cement the bnaks power over stablecoin issuerslol that is what the stablecoin issuers get when they join with the banks to fuck the citizenslooks like they got fuckedthis is what happens when coders only work in their own interestswhy are coders ruining every use case for crypto?
>>526159113Not even the argument you should be making. Focus on immigration being neccessary for economic growth and wealth concentration.I'll make a better case for your dumbass side than you can.
