or discussed on the MSM.We pay 90 billion monthly for the interest on the debt. Its Never EVER MENTIONEDAlmost like they want to hide it from YOU
>>536814624i don't pay taxes. i steal from the government as much as possible.
>>536814624I don't get why we had to borrow our own money from somebody to begin with, the US govenment should just mint/print whatever US dollars are needed for the US economy (plus a little extra for it to operate, within reason) and it should come into existence free and clear without any need to be paid back with interest to any shadowy individuals let alone a group of people who aren't even elected officials
>>536815032What a disgusting, antisemitic rant, you should be ashamed of yourself.
>>536815032You’re why pol can and will never be taken seriously.
>>536814624>interest on the debtFully half of the annual $2 trillion+ U.S. fedgov budget goes instantly <poof> to Interest Payments on the debt.Interest Payments now exceed annual U.S. fedgov discretionary spending>>536815032Correct, the Federal Reserve is unconstitutional. Currency should be directly issued by the government backed by real asset (gold / silver) and not as debt.
>>536815238No you kike you mud creatura
>>536815238really, that's your counter?
>>536815032We do this because a few rich sons of bitches created the market panics necessary to convince the American people that central banking was a good idea but it’s really just a way to make a small group of people very rich while bankrupting the country. In school they taught me that Andrew Jackson was the only president to pay off the debt but the truth is he didn’t pay it- he got rid of the second central bank.
>>536815032Fed profits go into the treasury. Those "shadowy" I individuals come into play because they lend money cheaper than the fed. If your government weren't spending money so irresponsibly shadowy individuals weren't necessary. That's also why it cannot be trusted with printing money.
>>536816374Fed profits go into the treasury.Even if that were true1- the debt attached to all money at the point of creation insures there is always more debt than money in the system and someone will inevitably go without. Just look at the money supply vs the debt to see that’s true 2- the debt on all money at its point of creation constantly erodes the value of the money Look at how inflation is a constant to see that is true.
>>536815032Because boomers and niggers need welfare money transfers, of course. Debt is necessary for giving money to boomers and niggers. Unless you're saying we should hyperinflate instead of going into debt, in which case you are completely insane.
The flip side to debt is the loanOf course nobody wants the government to be in debt, but how many of you want the government to stop borrowing money? They'd have to find some other way to pay for all your favorite programs
>>536816949Not sure what you are trying to say.>someone will inevitably go without.Just don't borrow money if you aren't willing to take the risk. >constantly erodes the value of the moneyThat's a good thing. Deflation would suffocate all economic activity otherwise.Just don't store value in fiat if you don't like it.
>>536816949You don't want money to become too valuable.Imagine a dystopia where nobody invests in machines and businesses because the money is seen as too valuable. Nobody creates jobs. Exports plummet because other countries cannot afford you money.
>>536816949>Fed profits go into the treasury.>Even if that were trueIt is
>>536814624Just IMAGINE:All that beautiful money could go to Ukraine or Israel instead.
>>536817820Not sure what you are trying to say.>someone will inevitably go without. -the debt attached to money at its creation creates an never ending debt spiral that ensures there is always more debt than money and there’s simply isn’t enough money in the supply for everyone to afford what they need. This creates artificial scarcity and puts us all in unnecessary competition with each other a guarantees that some people will be on the short end of that competition. Just don't borrow money if you aren't willing to take the risk.That’s not what we are talking about. All money is borrowed into existence with interest. There isn’t a choice. Your share of the national debt is about 250k per taxpayer >constantly erodes the value of the moneyThat's a good thing. Deflation would suffocate all economic activity otherwise.Just don't store value in fiat if you don't like it.Deflation is not the natural result of inflation not existing. It’s not either/or. Sound money holds value. That’s why gold and silver will buy the same thing they always do (more or less).
>>536818758OkIt’s also true that fed shareholders are entitled to a 6% annual dividend. Picrel-commercial banks are owned by people ultimately
>>536816374>Germany flag 4 pbtid(You) and all other anons itt need to first comprehend, understand *what money is* and how it is createdWatch these:The Money Delugehttps://www.youtube.com/watch?v=t6m49vNjEGs97% Owned — How is money createdhttps://www.youtube.com/watch?v=XcGh1Dex4YoPrivate central banks create the money (in collaboration with each sovereign nation's treasury) supply *as debt*. Which is then owed back to the central bank on the backs of each citizen = (You)
>>536819292>commercial banks are owned by people ultimately*Wrong*.(do not get definitions of what the Federal Reserve is, from google AI)Watch the two films below (You)r postAlso see:>Century of Enslavement: The History of the Federal Reservehttps://archive.4plebs.org/pol/thread/451293951understand ^what the central bank is and what it does
>>536818250Sound money doesn’t vacillate in value. What u don’t want is for everyone to be born into debt slavery-forced to submit their time and labor to the pursuit of money they will throw at the next person who will do the same.
>>536819109>Deflation is not the natural result of inflation not existing. It’s not either/or.Thats just not true though. You could theoretically have a carefully calibrated system with exactly zero inflation, but practically it wouldn't consistently hit the mark and it going too low and causing deflation would be much worse than it going too low and still causing inflation.>Sound money holds value.>That’s why gold and silver will buy the same thing they always do (more or less).Again that's not true. Try reading pre-fiat economics writings. They still talk about inflation and deflation. The difference is that while fiat can be directly government controlled, precious metal-backed currency theoretically has enforced scarcity. What actually happens with gold is that it globally has a long term deflationary trend ofset by periods of high inflation due to new gold etc. discoveries. When states used gold-backed paper currency, the paper value of gold was adjusted periodically because the deflation caused problems. When they used physical precious metal currency, there wasn't fully developed economics but states found that mercantilist policies, which caused local inflation in a zero-sum game against their neighbors, worked best.
>>536818250This hinges on a bizarre fantasy that the whole point of existence is to have as many pieces of green paper as possible as opposed to realizing the actual ambitions of our lives. Money is supposed to be a means to an end
>>536819785So commercial banks are owned by who, aliens? God?
>>536820149No, it hinges on the reality that people invest their savings in things they believe will be more valuable than keeping money sitting around.
>>536817815>pay for all your favorite programsNGMI
>>536820335That’s only true if the meaning of life is having as much money as possible. The value of money is not inherent. Its value is the options it affords you. You have the cart before the horse
>>536815032Whoah there Hitler
>>536820744It has nothing to do with the meaning of life. Its the reality that (intelligent) people put their savings where they believe is most valuable. You're just using drivel as a cop out for having no argument.
The dollar bill came into existence in 1913.America was founded in 1776.We obviously don’t require a central bank to exist or function.
>>536821157No I’m not. Your the one now engaged in ad hominem
>>536814624>WeWho the fuck is WE?
>>536819109>debt attached to money at its creation creates an never ending debt spiralNot true. If the fed were to set interest slightly negative, that spiral would start to reverse.>>536819109>artificial scarcity>unnecessary competitionScarcity is natural. Things are scarce. Competition is necessary to prevent missallocation of resources. >>536819109>Your share of the national debt isIt's not your debt.>>536819109>It’s not either/orIt is. It's naive to think that the most liquid thing (aka money) would also be the thing that holds the most value longterm. >>536819292>Picrel-commercial banks are owned by people ultimatelyDid you know that these banks are publicly traded and you could become one of those people?>>536820116>practically it wouldn't consistently hit the markPractically it would lead to catastrophic fluctuations. Just imagine the population and productivity doubling simultaneouslyin your "carefully calibrated system". It needs continuous adjustments.>>536820149>>536820335In an ideal system we don't need any money at all. I think with tokenization we are moving in that direction. All value should be stored in assets people believe in. That way we bring back the barter economy except without the inefficient price discovery.
>>536821157Look at the practical reality.Do people, on the whole, spend their lives freely pursuing their own interests or do they spend their life pursuing money by submitting to employment that benefits the interests of the monied employer class? How is this not a matter of one’s life, how it’s spent, and to what end? Central banking is free range debt slavery
>>536821236You are repeating the same slogan but it has no argument behind it. Deflation makes sitting on money more valuable than giving it to people to grow a business etc. You can spew slogans all you want but people will put money where they believe is more valuable whether you like it or not. You are no different from the retarded anarchist who thinks that a farmer will trade them food for homosexual poetry.
>>536820785To be honest the Nazi plan and system was almost equally retarded. Not in the libtard/kike narrative fashion of "they had to go to war" way. But sooner or later they would have had to service the debt since it was in relatively short term bonds, if they didn't people would either dump them or not accept them and then you have Weimar shit again. If you try to freeze the bonds you get Weimar shit again. Remember that even after the war Germany wasn't running a war economy until Speer unfucked their shit. Germany took the longest of all the belligerents to move to a war economy from declaration of war to implementation, this was partly due to fears of the public backlash to the resulting disruption and perception that Germany wasn't winning easily and party because there were lots of weird faggots in the NSDAP working at cross-purposes. If you want to take inspiration from the Nazis when it comes to politically disenfranchising kikes, sure even though they didn't go nearly far enough and still had half a million enfranchised jews. But following their economic prescriptions is retarded.
>>536821557No ,,,you are just a loser trying to cope
Must watch:https://www.youtube.com/watch?v=bm6oeRgxs0A [The Money Masters]
>>536821574I’m discussing money mechanics. Private banks sell the government federal reserve notes with interest attached to them. To pay off the interest, more money must be borrowed into existence with fresh interest attached. This can never be resolved except by way of a complete transfer of all tangible wealth into the hands of the bankers. Why should bankers own the world for doing nothing of value except inserting themselves into all transactions?
>>536821557>monied employer classYou sound like a retarded Marxist, there is "class" in this system there are kikes who are parasites in a larger state and corporate oligarchy over which they exert a negative(from our perspective) influence. Whites in the US are still doing fine for the most part, but we should want more. Kill all the kikes, kill all the darkies, the libtards and cuckservatives would be politically non-viable without their support but kill them as well. The issue is less the specific mechanism of debt accumulation and more that kikes exist at all, they enter into any sytsem and erode whatever utility it once had. That said sometimes technological progress renders some systems obsolete like the stock market. Central banking is shit but it isn't uniquely shit or evil, that's just what happens when you have an excess of kikes.
>>536821782Ad hominem I accept your concession
>>536821891You deny that an upper class exists?
>>536821305>It's naive to think that the most liquid thing (aka money) would also be the thing that holds the most value longterm.Like all forms of money in every culture of all human history until we went off the gold standard?
>>536821891I assume you realize banking is historically a Jewish endeavor? Deuteronomy 15:6 You shall rule over other nations but not be ruled by them by loaning them money but not borrowing it. This is exactly what we are talking about. This is why usury is bad. It’s occulted slavery
>>536821986That’s the point Gold is not debt basedIt cannot be inflated (alchemy) or deflated (destroyed)
>>536821868>Must watch:>'The Money Masters' by Bill Stillhttps://www.youtube.com/watch?v=bm6oeRgxs0ACorrect. Also see 'Century of Enslavement' >>536819785and Bill Still's sequel to 'The Money Masters', that concentrates focus on the Federal Reserve itself: 'The Secret of Oz'
Bump.
>>536821986>Like all forms of money in every culture of all human historyOh can we send gold over the Internet now?You are like a toddler who wants the most efficient car to also be the fastest car. It doesn't work that way. Grow up.
>>536821881Now you're your shifting to a completely unrelated argument now that you lost the last one, but I'll play ball with this too since its also wrong. Fiat currency is not built on government debt. We have high government debt because the government keeps spending money, primarily on wars for the jews and welfare for niggers. We would still have high government debt under gold coinage. Fiat has no relation to this.The central bank is responsible for managing the money supply in the economy, and in the US uses financing government debt with newly printed money as its main instrument for doing so. It doesn't have to do it this way though. Russia for example has low government debt, so it puts money into the economy mostly by purchasing foreign currency and commercial debt using newly printed money.
>>536814624you are 100% not understanding how this works, nobody is paying the reserve private bankers anything.>are we paying 90B every month?probably yes>who are we paying it toto anybody who buys United States Treasury bonds in Market Auctions.>who buys United States Treasury bonds?only US banks buy US treasury bonds>why only US banks?because the federal reserve prints money and lends it for nearly free to US banks that want to buy US treasury bonds>wait, so US banks buy US debt with free money printed by the federal reserve?yeah, that is the only reason the US is not bankrupt.
>>536822489Wrong.Central banks own control and run the Earth, all 160 nations on it.Each sovereign nation's treasury, in collaboration with its private central bank, issues *debt note fiat currency* that was authorized by its nation's own government / Parliament / Congress to spend.TL /DR each sovereign nation, through its treasury, is creating *as debt* the currency issuance for its own spending and fiscal needs.Monetary policy : = the sovereign nation's treasury+private central bank creating currencyFiscal policy : = the nation's own government (/ Congress / parliament) authorizing annual spendingWatch the documentaries ^^^upthread
>lol
>>536822872See post below (You)rs and the documentaries upthread. (You) are completely Delusional.Every citizen on Earth all 160 nations worldwide, is in permanent debt to their own country's private central bank.>buys bondsExact problem rn with the global debt market. Nobody wants to buy the debt.This problem has been endemic for the past almost four years running.One random example: the U.K. pension crisis a few years ago, Bank of England was forced to take bonds back onto its balance sheet aka buy them back to prevent total implosion of British pensions>bankruptThe global debt crisis and volatile instability of the worldwide bond market of past 4 years, is not just a United States or default global reserve USD/UST denomination problem i.e. it's not just "oh well so America goes bye bye" issue. Because UST is the default reserve and therefore the foundation of the global debt market aka the actual total world financial+economic structure itself, all eyes are on the stability of UST yields and the reliability, solvency of the U.S. treasury itself. The more unbalanced and unstable America's own spending and Interest Payments >>536815839 on the debt becomes each year, the more volatile and likelihood of bond yields spiking aka the global ship S.S. Debt capsizing, worldwide debt market implosion. Interest Payments on U.S. debt will be the forcing factor, either for the U.S. to change its spending addiction or for the entire worldwide economy and financial system to implode. The U.S. won't hit the Total Default brick wall (predicted in less than four years from now at current $2 trillion/annum Congress spending) prior to the global debt market implosion that'll occur far sooner.
BUMP
>>536814624And the most hilarious part of it is that the (((system))) will never collapse because when they do CBDC's they will just reset it all lmao. Just keep working and voting and caring though hahahah
>>536814624>>536814694You could just tar and feather the tax man out of town.Notice how all the healthcare scammers walk around with their gay covid masks?They fear what’s inevitable. You americans have the “power” to freeze the entire continent with death stares and silence.You have the right to refuse the government all service.
>>536823449I am not talking about other countries, nobody else is allowed to do this shit (although european central bank is thinking about it)In the USA the federal reserve prints money and lends it to US banks at almost no cost. US banks can only use this money to buy US treasury.Since US banks have free money to buy treasuries, the interest rate on bonds is low. Once the bond matures the US banks return the money to the fed, who unprints it. The banks keep whatever interest the bonds made as pure profit.
>>536821182You could have had a jolly good time with the natives. Dancing around bonfires, sharing crop harvests and hunt feasts, sharing pipeweed and trading stories and legends beneath the stars.You could have had a good life.Now you still can, but the plague is everywhere.It must be stopped
>>536816374>Fed profits go into the treasury. But they know what the interest rates will be before anyone else and have an infinite kickback money glitch. Also, not all bond interest goes back to the "Fed" (which isn't Federal), all of that is debt that the govt must pay to whoever owns it. In order to create a dollar the govt must go into debt by more than one dollar. Therefore the debt can never be repaid.Must watch:https://www.youtube.com/watch?v=bm6oeRgxs0A [The Money Masters]
>>536821182No, Federal Reserve Notes (FRNs) came into being in 1913. FRNs are not the same as United States Dollars.Must watch:https://www.youtube.com/watch?v=bm6oeRgxs0A [The Money Masters]
>>536823792>CBDCNever going to happen. No, not even the 'cbdc-by-extension' stablecoin schemes are going to prevent this debt-based Tower of Babel from toppling.
>>536822884Lmfao. Good laugh m8
>>536815032holy shit dude just say you want jews to die and have no food or anything you'd make your point with less words. nasty little cretin you are ain't you
>>536822183Which is exactly why a certain tribe doesn't want our currency backed by it. >>536822420Did you think they had to carry gold bars to the general store in 1900, retard?
>>536824078Even as unrealistic as that depiction is in modern times, it’s better than a “fiscally responsible” system that will blow up in your children’s faces. What’s part of unsustainable doesn’t register? Picrel
>>536824340Wanna bet?
>>536824288No what? I said the same thing you are saying. A dollar is .7724 Troy ounces of silver A dollar bill is a debt for the same
>>536824016Did (You) read post repilied to? Doesn't matter what is occurring in the domestic banking system/currency distribution of U.S.: what matters is gov spending magnitude and the *debt market* : all of the global financial system relies on bond yields. (You) have Zero concept or idea how any of this operates, functions or what it even is.Read the post replied to. Watch the films explaining *what money is* >>536819536 how it is created, and what central banks are ittMoney—all money, anywhere in the world not just USD—is created *as debt*.<--That is what money is: Debt
>>536824347(You) have Zero concept or notion what you're uploading ittNone
>>536824617Great argument. It almost makes your retarded jewtube shilling look good by comparison.
>>536824927>3 pbtid(You)'re the shill itt and content-free as bonus>muh jewtubeTons of references here (archive thread) >>536819785 in print if you're too stupid to watch a documentary, gaslighting ShillbotGet killed.
>>536814624>The slave-master owned media doesn't talk about the thinly veiled modern slavery system people don't know they're inIt should be obvious why.
>>536814624You think anyone employed by the system is on your side? Your oppression is their business.
>>536816257>In school they taught me that Andrew Jackson was the only president to pay off the debt but the truth is he didn’t pay it- he got rid of the second central bank. And (((international finance))) threw a fit and punished America daring not to be it's slaves. The panic of 1837 and the recession that followed is laid at Jackson's feet rather than the spiteful kikes who engineered it to attempt to force the country back under the yoke of financial slavery.
>>536824429Unrealistic?Only when your nigger buck ass chooses to be dismantled and brainwashed.Will lies so easily defeat you?
>>536825418lolYou mad, bro?
Fiat is just a token for labour and time. The US has spent and exhausted trillions upon trillions of tokens. Those tokens have to be spent in labour or stored.Are there some secret trillionaires in the world? Probably not.I think those tokens were exhausted on labour. Where has trillions of dollars of labour, from "lost tokens" gone in regards to the US?
>>536825095If you can't argue for something in the thread, its because you can't argue for it at all and are just parroting someone else's nonsense without understanding it. The US is in debt because of nigger and israel funding. The US central bank is in the US a quasi-government organization that is responsible for managing inflation, exchange, and interest rates. In practice it is shit because it is run by ideological Keynesians following a failed ideology. Many governments have central banks following different ideologies, and many of them are wholly government owned and operated. Disagreeing with your drivel doesn't make me a shill, faggot.
>>536825545It’s your life, retard.You could simply tell the boomers “no, fuck off”.This mental backpedaling you’ve committed after complaining is really telling of what a kike you are.
>>536825677>"muh arguuuuueEEEE for sumpthhinnnn" central banks "muh ideology"(You) *are the drivel* itt. Only a few western governments have state *owned* central banks and even those issue fiat currencies.>us is in debt becauseits central bank+sovereign treasury [MONETARY] continually (in particular over the past thirty years when the magnitude has vastly increased) in parallel with [FISCAL] the U.S. Congress that controls fedgov spending, has ballooned the debt by $2 trillion-and-rising-with-each-subsequent-year, to over forty trillion dollars magnitude.>The Federal Reserveis a privately owned central bank. The Federal Reserve *Board* is the quasi-governmental entity that 'controls' the private central bank's monetary policy, namely its prime role of regulating interest rates. The other half of monetary policy is issuance of currency that all nations perform using their sovereign treasury in collaboration with its central bank. Watch and comprehend these two >>536819536 <--films : what money is, how it is created.(You) are a *DUMB FUCK* brainlet that needs internet privileges permanently revoked, so fucking God Damned irredeemably STUPID it makes 4chan's head hurt. Holy fucking FUCK are (You) Stupid.
>>536826802If you cannot concisely explain something, and instead fall to linking 3 hours of highly edited and produced propaganda - then you're not a topic expert, that is perpetuating said propaganda.
>>536814624Damn 970 billion is equal to the two way trade between Canada and USA a year
>>536826966>Australia flag 2 pbtid "fall to"None of this boils down to x-tier talking points, *brainlet*. (You) need to educate yourself I'm not here to do that for you.I could spend the rest of this thread linking archive.4plebs<-- topics (and/or instructional documentaries) go search them yourselves, terms:>financialization>central bankA different anon^^^^ upthread posted the outstanding (originally 12-episode) series by Bill Still 'The Money Masters' which is a graduate-tier seminar on the history of money, currency and banking over hundreds of years. Yes it is of interest to *watch and study* that film, and take notes because there will be dozens of *printed book* references mentioned throughout it that anyone will want to study up on and seek out, learn more from in depth.This isn't some shitposting topic. (You) need to *learn* about how central banks operate: No school, university or (corporate) mass media source is going to spoonfeed or teach it to you, how the Money System operates.brief 15-minute clip—professor Werner brilliantly explains how the banking system and financial sector really workhttps://www.youtube.com/watch?v=EC0G7pY4wREDo you FUCKING UNDERSTAND YET, *faggotard dumb fuck*?
>>536814624As soon as the interest exceeds the tax revenue, the economy fails. The US government will default on its loan. Total economic death. Governments around the world will fail at the same time. There is no way to avoid it. Only push it back or pull it forward. It’s going to happen within the next few years.
>>536827535
>>536827387You're not here to educate, admittedly. Instead, your only goal here seems to be to demean, belittle and to offer escapes of that belittlement in the form of established, highly produced and directed propaganda.Your method and purpose here is the same as a tranny linking pro-tranny tier propaganda. So, well done on reaching such great heights of thinking.Please continue to respond further exemplifying my analysis so others can see you.
>>536814624Soooooo student loans pretty much ya?
>>536827244So if we make Canada the 51st state, our interest payment for 1 year will be paid for? Based.
>>536814624Boomers sold out the country and became the most useful goylem, the entire ponzi scheme will rug pull right when they are all set to die out - one final hurrah, "fuck you i got mine" ladder pull & scorch and salt the earth before they check out.
>>536814624>fed reserve private bankersFor fucks sake just say jews
>>536817815Who gives a shit about debt? If someone is foolish enough to give you money you're not going to pay back, that's on them.
>>536814624
>>536827654
>>536814624ya but they are our greatest ally8 billion a year in direct defense assistance isn't enough.
>>536827562>3 pbtid Australia flag 'wahhhh muh feeefeees'Fuck off brainlet. Study the material, or do a flip>'my analysis'= 0>muh trannyNow we -->*know*<-- verifiably you are not here in sincerity: Only to disrupt and disinform.The materials have been openly ^^^^^ presented (not just by me, either) for all to access. Take it, or don't
>>536827716
>>536827757Do you possess the ability to concisely explain a topic?If no, you're a low iq pseud that just deflects.
>>536827654If you made Canada the 51st state you would lose 500 billion in foreign exports and add 2.5 trillion more in public debt. Luckily for you Trump is a bitch and won't do shit though
>>536828011>low iq pseud that just deflects= (You)checkedMy explanations itt (limited—as all individual userposts on 4chan—to 2K chars/post) are extremely concise and exceedingly accurate. (You)'re the poseur Disinformationalist Disruptor here, 4 pbtid Paid Shillbot Australia flag
Its just numbers on a screen.
>we live in a country where the government issues its own fiat currency>the government cannot ever default>government spending is how (most) money is created>government spending is constrained only by inflation and natural resources>"muh debt" poasters are either economically illiterate or (((disingenuous))) bond speculators
>>536828353Correct. Interest Payments, on the other hand are not.(e.g. try not making Interest Payments sometime, report back about what happens)
>>536828395>1 pbtid memeflag MMT shillbotBe more obvious perhaps?
>economically illiterateMMT and its shilltards are by vast magnitude the most economically illiterate biospecies to ever exist in Earth's 4 billion year history
>>536828492>17 pbtid spammer>cannot architectural any economic argument beyond muh fed conspiratard gibberish
>>536828395> can't defaultDoes he know?
>>536815032Found the ISIS plant
>>536828653>memeflag 2 pbtid "cannot architectural"[sic]get the GPT recoded>>536828654Yep.
>>536828794>still no arguments>everyone who disagrees with me is a bot
>>536828851>3 pbtid memeflag randomgen incoherent gpt dogbarf
>>536815032oy vey it's annuda shoah
>>536827714Americans are paying though...Trillion a year in interest alone lmaoMutts pay debnts
>>536814624>this_is_fine.pngThe average burger doesn't understand interest on their credit card purchases. You really think normies can fathom how 25-30% of every dollar made in the US goes to interest payments to someone else?
bumpA 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. US Treasury-issued paper fiat (aka cash, aka US Notes):>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.
>>536828892Your spastic attitude drives people away from your message. Your message which consist of pretentious statements and links to 12 part 20 hour "documentaries".That's why you fail and flail relentlessly. Consider rising above it and outside the problem and address your faults and maybe, people will listen - if you give them a concise topic discussion. Instead of being the internet equivalent of the crazy crack head on the street.
>>536827714>Who gives a shitIt's not the debt, but the Interest Payments >>536828446 that kill ya, Finland flag.Ever maxed out a credit card to $10,000? How much are the monthly Interest Payments on that (compared to if you had the balance kept down around $100, or paid it down to $0 every single month)Oh and—in this case, to make the actual $1 trillion/year Interest Payment itself<--- they are "printing" that into existence *as further additional debt*.
>>536818758It is but then the money is distributed as interest earned to the bond holders, whose bonds were raised in the first place to raise money for the government. It's when the yield on those bonds becomes too much for the government to keep borrowing that the shit hits the fan. The USA is currently at 100% debt to GDP, no danger yet but wholly dooly they be some big numbers now.
>>536829221>'muh driving away' reeeEEEEEEEeeeEE REEE!1!!!!!!!!!111!Drive away then Australia flag 5 pbtid Disinformationalist Strawman shillbot, don't let the door hit your diabetic fat ass on the way out.
>>536828395>we live in a country where the government issues its own fiat currencythis isn't true, we are borrowing the Fed's fiat, debt-based note>>the government cannot ever defaultthe government already fucking defaulted when they hired the now-bankrupt Federal Reserve franchise to issue our currency at interest
>>536815238Colonial scrip. It's been done.
>>536829329Ok, but if i have the last reply in the exchange, and i call you a name - that means my argument won out.
>>536829329that is the biggest schizo cope ever, keep being a retard I guess
>>536829251>debt to GDPYes that's bad but as you point out, the overall *magnitude* of the debt is far greater than even ten years ago. See the graph in >>536826802That's the real global concern rn. It's the global debt market and risk therein, worldwide bond market has been more unstable in the past four years than in half a century. And as just said: that's extremely significant, because fifty+ years ago the global debt was one-twelfth what it is today. Entire world is a debt-based economic model, that moreover relies on a single default reserve unit denomination : USTGlobal debt topped $255 trillion in 2019 and $350 trillion in 2025, almost four times the amount of all global economic output. Total debt levels and deficit spending of the past 30 years has eclipsed that of the past few centuries of western civilization, and absurdly llow and negative interest rate borrowing costs have incentivized national governments to no longer borrow on the expectation that they will repay, but on the expectation that they will refinance.https://en.wikipedia.org/wiki/Debt-to-GDP_ratio
>>536829383this>colonial scripthe ~$240B in-the-hole Federal Reserve franchise wants to turn currency from a TOOL FOR CITIZENS TO TRADE AND VALUE THEIR LABOR into a PERMISSION
>>536829444 <--6 pbtid Australia Zero-content disinfobot>>536829485 <--1 pbtid Brazil Zero-contribution brainlet>derp
>>536829597This has to be the single most vile, antisemitic thing I've ever read.
>>536828994That's on them. You don't have to pay the interest either.
>>536829632You're a 1 pbtid shill bot karen blue haired transgenderYou don't even understand how money works
>>536829640even the jews know how bad Federal Reserve Notes are lol
>>536829632hello anon
>>536829364Anon, that's an MMT shill you just replied to
>>536829230Debt and interest are literally the same thing. Either you pay or you don't.
>>536829690That's the Bibi post too. He's been mad he hasn't destroyed Amalek yet so Greater Israel has no opposition.
>>536829722checked, hi there
>>536829731Nope. Try not making Interest Payments sometime. Let us know how that worked out(you can take out a mortgage for x-million $$$$)
>>536829730i see you batting them offThe current destruction & subversion of the US by the Federal Reserve using:-QE (IORB and RRP) to counterfeit our currency and undermine its value-MBSs to acquire land and buildings-Congressional Public Issues for deficit spending to destroy the futures of the nation and the youth-the Intragovernmental Debt system to skim off of GAS treasuries & the non-marketable government securities of US savings bonds, SLGSs (special securities issued for states & cities) & large government retirement funds such as the Thrift Savings Fund (managed by BlackRock), etc.-their repo casino to pawn treasuries & undermine long term investment-reverse repos to pay MMFs to NOT invest in the US economy-metal market rigging via paper contracts to keep the prices of silver & gold low-margin loans to fund risky hedge funds & family offices that endanger our global economy-FX market rigging to check kite at their other implemented debt-based central banks-the US taxpayer to fund the Ukraine war & steal its resources-their authority to undermine innovation in crypto-inflation to destroy the middle class-interest rate hikes to kill off more small banks-China investment to undermine the US & global stability-regional bank vulnerability to target entire sectors-its clout to protect its largest primary dealer, JPM, from prosecution for aiding & abetting sex trafficking at the highest levels of government, industry & finance-their Sect 13.3 emergency powers to misallocate capital, reward failure and acquire assets during their avoidable, engineered crises using SPV (Special Purpose Vehicle) LLCs-conflation of their increasingly-WORTHLESS Federal Reserve Note with the US Dollar (which is a fucking UNIT), thus destroying the value of a US Dollar on the world stage and threatening our global economy and national securityWe need to dissolve the Fed, nationalize its 12 regional Federal Reserve bank franchises & AGAIN ISSUE debt-free US Notes.
>>536829875another thread here >>536807835
spics and jeets flooded the country. jews run everything. And I'm supposed to give a shit about muh debt? lol. lmao.
>>536814624Nobody pays them anything. They steal the money through taxes.
>>536829839The fuck are the ching chongs gonna do if you don't pay them interest? Invade? The difference between you and a nation is that you have kneecaps that can be broken.
>>536815032How do you expect Jews to eat anon?
>>536829926thxfor new anons:Remember, ANY strong, NATIONAL currency HAS MANY FORMS, never just one (fiat paper, metal bars and coins, 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, NEVER just one 'savior' form.US Gold Notes and US Silver Notes are metals-backed, NON-fiat notes issued by the US TreasuryUS Notes are interest-free, fiat notes issued by the US TreasuryFederal Reserve Notes are debt-based, fiat notes issued by the private, now-bankrupt, incorporated Federal ReserveThey are ALL DENOMINATED IN US DOLLARS (aka $US), which is a fucking UNIT.pic related why we should never have a debt-based central bank
>MMT says we can do away from the fed and adopt permanent 0 rate policy with the gov issuing its own currency directly>anti-fed schitzos somehow think MMT is some sort of subversive ideology
>>536829985Sorry Finland flag. Study the thread, references herein. (if you think the global debt problem boils to "Chinese own all U.S. debt" <--reddit talking point you're simply deluded and malinformed)(You) have much to learn and comprehend desu
>>536830090>MMTkek
Notice on the top half of pic rel the NYFed squeezes out the citizens' currency and pays its ilk IORB and RRP instead, while also buying houses and bonds.The NYFed clearly prioritizes enriching its private owner banks over the citizens having a currencywhy doesn't Trump ever mention this?b/c fucking Trump thinks the NYFed is the housethe FUCKING US TAXPAYER IS THE FUCKING HOUSE
>>536814624No shit. Our reckless spending is catching up with us.The boomers voted to keep protecting their assets and their good times while the rest of us got shafted. And now that the bill is coming due we're going to be left with it.Boomer and asset holder loving presidents like Trump should be shot for betraying the future of this nation.
>>536830126Who gives a shit who own the debt. The point of "what you gonna do" still stands.
>>536830165>no argument
you already have the fucking powerit is YOU that chooses to continue using the grid to your own detrimentyou already have the power right nowyou have agency stillthey just need your consent to implement it wholly, then having agency won't even matterthe current tech trend is for citizens to not hold or own information or organize it or remember itthey also do not store it on their own computers, but in a foreign cloud that tracks all changes in real timethey only have instantaneous ACCESS to informationpeople are not being conditioned to retain info or organize it for themselvestptb are now waiting for anyone with a high amount of intellect and knowledge to die off, then they will just be left with the malleable, dumbed-down 'instantaneous access' population that can't put two and two togetherUSE FUCKING CASH AS MUCH AS POSSIBLE, NO MATTER WHAT COUNTRY YOU ARE INNEVER USE YOUR PHONE TO PAYA NATION'S FIAT IS THE POWER OF THE PEOPLE IN THEIR OWN FUCKING HANDSand this is why the bankrupt Fed seeks to even abolish paper fiat Federal Reserve Notes, b/c fiat paper mostly SERVES THE FUCKING CITIZENfiat is the common national bond and cooperation of the value of one's laborif this fiat is issued by a private, debt-based central bank such as the Federal Reserve franchise, then only the Fed franchises profit/benefit from the labor of the citizens, the treasury or the citizens do not profit and/or not benefited.
debts that can't be paid, won't be paid. the system will have to reset. the ancients new this and did it regularly.
>>536829632ad hominem is not such a great argument anonmaybe I should link a 20h documentary on how to properly have discussion too kek
>>536830272oh the image of bernanke lying that MMT is temporary doesn't show what a fucking fraud it is?just like pic rel, too, shows what a fucking fraud MMT iskek banks are now paid to hoard currencybefore they had to lend it out lol
>>536814624Federal Reserve, imho, will soon purchase all the outstanding debt (with it's infinite money printer) and as it now pays interest to itself only, the debt can be cancelled. No more debt.
>>536814624>WeSpeak for yourself, slave
>>536817820Your $1 is heavily indebted about 1000 times over the original value. Are a jeet or. German?
>>536814624>or discussed on the MSM.also, we actually talk about this every time we hit the debt limit
>>536830251Here's what's going to happen: >>536830415(no it doesn't just solely by-itself involve "fate of the United States" either)Educate yourself. Study this thread, its references
>>536820149>Self actualisation for allHow dare you talk antisemtism!
>>536830557Yes, i'm aware. And?
>>536830436>Bernanke>MMTpick one>banks are now paid to hoard currencyliterally the opposite of MMT kek
>>536830404>muh ad hom "muh arguUUUUUmint" reeEEeeeeeeeeee Brazil flag hipshot shitposterHave you read this thread? Critique some of the posts ^^^^^^^^^^^^^^^^^ from the top of thread point-by-pointThere's plenty of meat to blast at (or maybe you could perhaps <gasp> learn something)
>>536821574This is the most kiked post ever. Do you realize who benefits from inflation? Only those who were the original maker of money. The fucking fed board of kike members you moron nigger faggot kike.
>>536830651>i'm awareNo. (You) are not. Good luck, Finland.
>>536814624Well, we should be paying out the interest to governments and citizens worldwide that buy our bonds. And with the yields they're commanding now you would think they were still selling. But they're not. And the fed is the buyer of last resort. The fact that we're looking at more credit downgrading and no one besides the fed wants to buy bonds is a big problem. But the spending is the real problem. Couple that with large bondholders worldwide cashing out in tranches, choosing to swap for gold, on a long enough timeliness is apocalyptic. We have to completely stop immigration, privatize all AI companies, stop fighting israel's wars of aggression, gut welfare/snap/medicare/medicaid/social security, AND tax billionaires, busnisses big and small, millionaires, and thousandaire baristas a lot more. Though "absolutely everybody is going to hate my platform, but it's the greater good" is a terrible message during elections.
>>536830751Ok bro. Whatever you say.
>>536814624This thread is antisemitic.
>>536830823False confidence is not reality Finnbro
>>536830704QE is just another form of MMT, but only enriches the private banks, as clearly fucking seen in these two images: >>536830436>>536830165MMT says that the issuing body can never run out of money, which is exactly what QE is, but for the NYFed.Only usurious skimmers use such semantics. lolAlso, political science, sociology, psychology, law, and ESPECIALLY economics are all filed under ARTS in academia. They are NOT Sciences, but a collection of subjective analyses, as varied as there are opinions, devoid of practicality or reproducibility. Smoke and mirrors for those who want to hear themselves speak and to manipulate others.MMT monetizes debt and kills the purchasing power of the currency for the citizens while enriching the scumbag Fed, just like QE.
>>536831268
>>536821574>retarded anarchist who thinks that a farmer will trade them food for homosexual poetry.this is unrealistic lol
>>536831372keep up the good work, anoni have to gohave to be up earlysee you next time
>>536831635wilco
>>536829688>7 pbtid Australia flag dilating ree-eeeeeeeeechecked, sorry anon. From first post itt it's been galactically out of (You)r league. Thanks fer playin'
>>536831268>QE is just another form of MMTfalseMMT states the government (not private federal reserve) should issue its fiat currency directly with zero need for interest rates or bonds/bills>MMT monetizes debt and kills the purchasing power of the currency for the citizens while enriching the scumbag Fed, just like QE.also completely false. inflation has zero correlation with interest rates. inflation is controlled instead via higher taxes/lower spendingI will never understand the hatred for MMT from the anti-fed people.
>>536831865>memeflag MMT shillbot 7 pbtidThere's no "hatred" (of MMT) and we're not 'anti-fed'. Private central banks are the pestilence impeding and enslaving humanity.MMT simply makes no physical or monetary-financial sense at all; it's by default nonsensical. All it does is monetize debt and perpetuate the debt[CREDIT]-based system in place, while ever-degrading the nation's own currency.>government issue its currencyRead his posts >>536829147 ^^^ upthread. The U.S. Treasury could issue U.S. notes. Watch 'The Money Masters' (linked multiple times upthread)Or, the private central banks (such as for example the U.S. Federal Reserve) can be nationalized and be an actual central bank owned by and for the people of the nation; or (as advocated by scholars such as Richard Werner) use a decentralized series of smaller state banks to issue national currency.There's not just 1 way to skin this smoke wagon.
>>536825249real American history is only found on /pol/, only lies elsewhere
>>536829985kek, the finnkike is trying to pilpul with the old "don't worry the debt is just owed to the chinese so just don't pay them" bullshit
>>536833001Mentioning China instantly outed him as a brainlet.
>>536833001And as I said, it doesn't matter who the government owns money. I used chinese because ching chong is funny.
Anons watch the two films in ^^^^ # 536819536and check out other related references/documentaries itt
Yeah but if you don't pay the banks then all the banks investments will go under
>>536826966Look at this filthy kike. The Money Masters is mandatory /pol/ viewing. You must lurk for two years before posting, faggot. Or you're a kike, in which case, may you burn in hell.
