>BREAKING: US interest expense on the national debt hit a record $1.4 trillion over the last 12 months.>Since 2020, the cost of servicing US public debt has nearly TRIPLED.>If rates remain stable, interest payments are set to rise to $1.7 trillion by November 2028.>As a result, interest will surpass Social Security spending as the government's largest outlay for the first time.>America's debt bill is spiraling out of control.
I’ve always said that if you are a fiscal conservative, you’d be better off voting blue. Nothing motivates fiscal conservatives more than being in the minority. Whenever they hold the purse strings they’re just as bad, if not worse, than the lefties at spending.
>>541047013By mid 2030s it'll be ~33% of all tax revenue going to pay interest on debt, which of course accelerates the national debt growth, which in turn drives inflation, ultimately culminating in total collapse at which point in SHTF we can purge all of them.Good times coming bros.
>>541047256The only time the deficit ever shrinks is when there's a Democrat in the White House and a Republican majority in CongressIf America had two back to back two term Democrat presidents we'd have a budget surplus
>>541047013don't worry there is DOGE for all of those
>>541047013>1pbtid >Memefag You're a worthless faggot. I dont care about your thread topic. This is personal. It's about you, you vile piece of shit.And I mean that with the utmost vitriol and sincerity. You are absolutely worthless. To literally everyone and everything. The only things that will see any worth in you, are the maggots that will feast on your rotten corpse when you hopefully KYS, soon. And even then, you will cause them nausea and a sense of regret for ever having consumed you. Even the plants that will be fertilized by the maggot feces and vomit will be sickly and cause illness to anything that consumes them. Your most beneficial action would be to throw yourself into a steel furnace and that metal used to create bullets and casings so that your entire blood line may be shot. Seriously, you're repulsive..
>>541048011The deficit has shrank 150 billion since Trump took office.
>>541047013So is it going blue or red?
>>541048307Nah
>>541048392likely neither, a steeper incline than those projected.
>>541048531Ermmm....
>>541047013And that interest is paid to...jews.Another reason that kike Trump is inflating the debt.
>>541047384the federal reserve will not survive this
>>541048011>If America had two back to back two term Democrat presidents we'd have a budget surplusreminder that there was no such thing as the clinton surplusit was a myth, a meme, that retards ate right up
>>541048941uniparty does not care when the goyslave thinks
>>541048307It's a record high this year except for 2021 and the covid spending that started under Trump 1 and the CARES Act.
>>541048307Youre gay and stupid
You all know about modern monetary theory right?Your taxes pay for literally nothing. Every tax dollar collected might as well be incinerated to keep in. For every expense, dollars are just conjured out of thin air. As long as there are more expenses than taxes, more money is put into the economy, which drives inflation.For the last fifty years, inflation has fueled economic growth since holding cash is dumb when compared to investing it.I'm not sure if this actually invalidates any arguments about the debt but this is a global-warming tier crisis where clearly nobody in power actually gives a fuck about the debt, which is a huge red flag to me.>we have to cut taxes which fuels economic growth!!It's always more complicated but this is an old Republican talking point
>>541049273for all the tards out there wishing to blame covid spending on Trump:https://www.zerohedge.com/medical/7-federal-agencies-big-pharma-quietly-built-pandemic-industrial-complexglobohomo had already decided this was the plan in the runup to 2008
>>541047013Trump is a nigger faggot and the people who follow him bigger nigger faggots.
>>541047013Massie is a dumocrat so everything he says should be taken as seriously as you would take the opinion of a 4channeler
All the eggheads need to stop worrying about the debt, especially if they're campaigning. Everyone cares so much more about more important issues.For once I think grug brain is right. The debt is basically not fucking real. Is the World Bank going to show up with the World Army and repossess the USA's Trump Arch? No. The economy might shit itself but the economic crash is the eternal threat in hyper-capitalism anyway. Oops there goes your job and retirement.The shit thing about short election cycles and big assemblies is that the best strategy for a representative in the face of a long-term problem is to just pass it on to the next guy. Nobody wants to be Hoover.
>>541049842he is a pedophile shitstain surrounded by ethnosupermacist jews. the whole fucking congress needs to be nuked.
finally everyone's catching uporthe scumbags that skim the system can't skim anymore so now they're complaining about itlolQE IS UBI FOR THE NYFED
>>541048307>shranklollmao even
>>541050042>The debt is basically not fucking real. lololok
>>541050042the USD going into hyperinflation mode is a very real problem for basically everybody on the planet except like North Korea, Iran and Russia
>>541048307...and then the iran war started
>>541050237>>The debt is basically not fucking real.kekCredit-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. pic relatedKek, guess when Epstein and Bill Clinton and Larry Summers (the US Treasury Secretary 1999-2001) were all hanging out together on picrel’s 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 lol
>>541050260hyperinflation and hitler is the solution to a central bank owned by jp morgan
>>541047384it's already about 30%
>>541050379your image:>the Fed does not target specific sectorsthe owners of the Fed definitely affect specific sectors
>>541047013>America's debt bill is spiraling out of control.Is it realistic at all to pretend it hasn't been completely out of control for like 20 years now? I mean just imagine how big they would've depicted that bump in '06 back in '06 when the rest of the graph didn't exist yet.>>541050042>Oops there goes your job and retirement.Well that's the issue. Monetary policy is fake for rich people since they'll still meet their minimum lifestyle standards even after losing 70% of their assets, but for poor people it's the difference between living in a house and living in a camp. The bitterness over lost retirements would be crazy. Everyone is keeping it together on our 40 hour a week hellscape lives because we're expecting to get out at the end and be able to rest. If the reward for that gets changed to living in a Hooverville, holy shit, the weight of that, working your whole fucking life and doing what you're supposed to do just to get rugpulled at the end.
The debt has always been irrelevant libtard, shut the fuck up about it and stop attacking the GREATES PRESIDENT IN HISTORY! This is a GOLDEN AGE and if you disagree YOU LOST TRANNY!
>>541047013Massie's cooked, he already lost his job. You come at the king, you best not miss.
>>541050532>The bitterness over lost retirements would be crazy. Everyone is keeping it together on our 40 hour a week hellscape lives because we're expecting to get out at the end and be able to rest. If the reward for that gets changed to living in a Hooverville, holy shit, the weight of that, working your whole fucking life and doing what you're supposed to do just to get rugpulled at the end.sounds pretty bad when you put it that waypic related trump just cut $18T off of medicare/medicaid and soc sec and not one fucking peep from either sidethis is likely b/c the waste and fraud is so fucking enormous that we can cut off $18T without anyone noticing
>>541050121>>541049842We won and you lost and you will NEVER NEVER EVER get revenge. You have no ability to do so and every chance you had you squandered on idiots like Massie and Fishback.COMPLETE failure. Total RAPE. You will watch helplessly as we slaughter shitskins and mass deport your friends. Israel will also benefit which is meaningless to me but you clearly hate it so I'm happy.All WHINERS should be RAPED. And you are Raped, AND RAPED YOU SHALL REMAIN.
>>541047256what a dumb fucking post. go back.
>>541050260More money has to be injected in the economy and be circulating to act as a driver for inflation. All the money in circulation in theory has to represent all the goods being exchanged. Part of the reason all the money printing hasn't wrecked us with inflation THAT MUCH is that so much of the money is tied up with foreign entities holding USD as a reserve currency to buy things like oil.I was under the assumption that paying off the debt would just decrease the amount of money in circulation but I might be wrong.
>>541047013But Trump is a massive faggot
>>541050713>is that so much of the money is tied up with foreign entities holding USD as a reserve currency to buy things like oil.more like wrapped up in US treasuries and a carry trade
>>541047384That's why you stack PMs. Anyone not stacking PMs is in for a bad time.
>>541050787Yeah and it makes me suspect that paying down the debt would just effectively incinerating money (we already paid them that's why there's debt). And incinerating money is just deflation. Economists hate deflation because they think it makes the economy seize up because people start saving money, or they might go back to bartering shit.
>>541050713your image is idiotic it combines 1) Debt Held by the Public aka US Marketable Debt (totals~$38T now) and 2) $134 Trillion of Intragovernmental Debt, (75% Medicare/Medicaid and 20% social security---these are also known as 'unfunded liabilities' or GAS treasuries and are what is owed out today to the citizens based upon what was paid in (in payroll taxes)Debt Held by the Public + Intragovernmental Debt = US Public Debt your image is both wrong and meaningless
>>541050888this symbolizes Trump's grift, yanking the market with bullshit tweets about tariffs or fake war deals to profit off of insider knowledge, tweet-grift-tweet-grift the cycle goes around and around, and he pockets a billion or two each cycle
>>541050888>Economists hate deflationkek
>541050888If I'm correct, paying down the debt meaningfully would just be like lighting trillions of dollars on fire. Taxing money out of existence, and not giving out more money with more government contracts or benefits, that all is just money vanishing. The money vanishing would cause deflation - which has its upsides to be sure. That's how olden days capitalism worked, your money got more valuable since generally the wealth of your nation outpaced the amount of currency your nation used.But that's not the current school of economic thought. So as far as I know this another reason nobody wants to pay down the debt, it's against economic thought. I feel like this framework is only half correct, like it can't be this simple.>>541051130Yes, Trump is somehow the most openly corrupt president on record. So much for draining the swamp.
>>541047013OP is a faggot
>>541050646That angle gets missed a lot in economics. Economics is full of people trying to rationalize and quantify a somewhat irrational field of human life, so there's a persistent tendency to try to make economics all about numbers and game theory and whatever, make it look more scientific and rational.But all economics have a human aspect. The Great Recession had a body count. De-industrializing the Rust Belt had a body count, it destroyed families, communities, ways of life. COVID economics flattened a bunch of small business and destroyed lives, sent people to deaths of despair or suicide, or back to live with their parents, to never escape again, because there's some milestones you can't do later.These policies are part of reality and can change substantially the quality of people's one and only life on this planet. A life that could've been great can be essentially lost because someone allowed too many irresponsible loans or speculative financial instruments.
A 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.
>>541051759>A life that could've been great can be essentially lost because someone allowed too many irresponsible loans or speculative financial instruments.lol i noticed you missed IORB (aka QE)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 ratesThe unproductive, parasitic class spear-headed by the NYFed are debauching our national currency by USING MONEY TO REPLACE ACTUAL SUCCESS. ok lunch is overback to workbe in and out
>>541049728Cool it with the antisemitic remarks
>>541049728>Federal Reserve Notes* are just conjured out of thin airthe dollar is a fucking UNIT
>>541047013Trump has added almost half of all the national debt at this point KEK
>>541052020And not a single US Dollar has been printed since 1971
So tl;dr nobody cares about the debt for a reason>oh we have to make interest payments!!!Like a normal loan? Sure, here's some more money out of the infinite bank account. You issue the currency, what does an interest payment matter?If you have a nation, you need money. Instead of a gold mine and melting gold into coin molds, they figured out a sneaky way to dole out money on a provisional basis. I suspect that this comment will age terribly, but if inflation could stay at the 2% goal (realistically it should be under that for a decades to make up for the years of 6% inflation bullshit), then if the USA just issued out $1 trillion in debt, then it's all fine, as long as the economy is humming nicely. But the economy sucks right now. Still, blaming the debt is just blaming a symptom of a problem at best.So why campaign on the debt? Does the nation need to start shrinking economically instead of growing? Politicians need to focus on people's quality of life which means distributing benefits, reigning in inflation, and making sure businesses are hiring.
>>541048239News Flash! You Lost Tranny! Now go dilate and pray God forgives you for cursing Israel.
>be top economic advisor>meet president>he asks "how much money can I spend?"> tell him "about three times as much as the last guy" and try not to laugh>tell this to every presidentI admit I don't know what the fuck is going on but this is what it looks like
>>541049842>I behave just how globohomo wants me tosad and hilarious
>>541047384Leftist liesYou lost Tranny Trump 2028
>>541050162>QE IS UBI FOR THE NYFEDthis is something more people should understandthis would make reverse repos...just UBI for banksters under a different name
>>541050517yeah I was gonna say who believes that load of crap
Pretending the national debt is not real is what caused 25% inflation during the Biden years
>>541053158Bessent just guaranteed inflation will rise by promising to buy more US treasuries. US dollar is dead.
>>541047013>>541047384They're going to hyperdevalue the dollar, and then their "solution" will be a Federal Reserve stablecoin which tracks every single transaction you do. The dollar will be effectively worthless, meaning your paper notes can't be used for transactions. You'll have to conduct all of your business through a system jews will control. And if you act up, they'll cut off your ability to buy food.This is 100% what is coming.
>>541048011This is a dishonest take2021-2022, pandemic emergency funding, which was propped up by mass hysterical capture was no longer justifiable. Marking it's non-renewal as intentional deficit reduction is intellectually dishonest2010-2014, emergency spending was halted for yet another crisis that was propped up by mass hysteria1998-2001, high capital gains tax, but that immediately imploded once the war on terror occurred. This one might actually be attributable to Clinton, vs bushlate 1940s, it was after WW2, we stopped increasing the deficit for the war effort.The actual causes do not appear to be partisan, but Democrats generally have better messaging on economic downturn, but I have never seen a post-2000 democrat run on anything that would help the deficit.The "Fiscal Conservative" is a meme at this point, the clear focus is on consolidating power and scratching the back of large-scale donors.
>>541052508>You issue the currency, what does an interest payment matter?BECAUSE THEY DON'T ISSUE CURRENCYTHEY GO TO THR FEDERAL RESERVE, HAT IN HAND, AND SAY PLEASE PRETTY PLEASE PRINT MORE FEDERAL RESERVE NOTES AND LOAN THEM TO ME AT INTEREST, MEANING MORE DOLLARS ARE NEEDED NEXT WEEK.THIS DESPITE THE FACT THAT THE TREASURY COULD PRINT MONEY THEMSELVES.SHIT IS RETARDED, FUCKED, AND TOTALLY JEWISH
>>541053270a stablecoin is pinned to the value of the underlying asset. if they hyperdevalue the USD the USD stablecoin would also hyperdevalue
>>541047013OH NO NO NO
>>541053563US is pulling all of it's allies into destitute and devastation, all going down with the ship. It's amazing to see in real time. Wars will expand, nukes will be used. World is doomed sadly, it just how it has to be, there will be no compromise with the devil. Final judgment for the sins of thy beloved.
>>541053809nah, muttmerica will balkanise, europe and east asia will have to give up some territories (possibly even south korea as a whole) and that'll just be the status quo for a while
I'll try to boil this down to generalities and ignore the particulars>government wants more money in the economy>the best way to do this is to spend more than you tax>try to hide this process using several institutions>ominous "national debt" is the resultIs this right or wrong? or some mix? There's always definitions (notes, dollars, fiat, debt, unit, etc.) to argue over and of course all the different institutions (fed, treasury) are basically there just to keep people arguing.Wouldn't it just piss people off if making money from nothing was fucking easy as typing '1,000,000,000 USD -> enter', everyone would be screaming for payouts
>>541053158>Pretending the national debt is not real is what caused 25% inflation during the Biden yearsno, this was because we were about to have another 2008, but they papered it over by releasing corona and giving an excuse to dole out trillions to the banks and pharma corps
>>541053270globohomo isnt fully in controlotherwise the propaganda would not be necessary and we'd all be forced into medical experiments or killed
>>541054108if your calculus does not include banksters and their counterfeiting ops, it is necessarily impotent and worthless
>>541053939Nuclear armed state balkanization. Hmm, what will happen to it's elites, start anew somehow? How many will of the elites will hang on a light posts? It's hard to believe that nukes wont fly beforehand. They failed to disarm american population, so the course is set head first into a brick wall. Maybe if pentagon coups the corrupted thing. Don't have my hopes up.
>>541048307You're fucking retarded anon.
>>541047013Massie IS a faggot. a cat can't stop being one.
>>541054301Well there is fractional reserve banking which is basically related.>There is approximately US$123 trillion in the world. This total includes physical cash in circulation, money in checking accounts, savings deposits, mutual funds, and money market securities>global debt is $350 trillionThere is around 3x as much debt as there is the amount to pay it off. I think collecting on it all is a total fantasy at this point.
>>541054108>the best way to do this is to spend more than you taxby borrowing, which is why it's called a "debt">if making money from nothing was fucking easy as typing '1,000,000,000 USD -> enter'america does this, and has been for decades, with the reserve currency status mitigating inflation, but now the reserve currency status is cracking so inflation is coming back to rape the economy, so their only option is more borrowing and more money printing until the economy implodes anyways, a classic story that happened to plenty of empires, happened to the romans, the spanish, the dutch, the british, you would think that retard niggers would eventually learn their lesson but they don't>>541054409who are they gonna nuke, themselves? lmao, but once america's economy implodes every state will start to look for their own interests and set up their own governments
>>541054700If the USA economy goes down the world economy goes with it>you would think that retard niggers would eventually learn their lesson but they don'tWell their game apparently is to get out (die rich) before the bill collectors come (Weimar)
>>541054700Ok.
>>541054806>If the USA economy goes down the world economy goes with itlol nah, that's boomer cope, only america is vested in maintaining the status quo while plenty of others are actively undermining it, especially, china, there has been no time in history when a reserve currency declined and the world economy just collapsed, everyone just switched to different currencies and life went on, people will switch to yuan, or gold, and life will go on> their game apparently is to get out (die rich)I wouldn't be surprised if donnie's boomer class already just made a deal with china to hand the reserve currency over peacefully and in return being granted safety until they comfortably die, then the zoomies and millenials can figure out their civil wars among themselves, if you think about it, all of trump's actions look absolutely retarded and unhinged, but if you look from the angle that he already signed the deal of handing reserve currency status to china then everything makes 100% sense, everything he has done would be a step by step plan of how to hand over reserve currency status written by stephen miran personally
>inheret Biden's mess>somehow still trump's faultYou don't hate leftists enough.
>>541055036>handing reserve currency status to china
>>541055124>the jews and boomers are setting up shop in hong kongit's a done deal then, they got their exit ramp to die while chilling and the zoomies can inherit a DSA post reserve currency america where they'll fight each other over scraps
>>541048011We've never had a budget surplus, we have had presidents that were allowed to siphon funds from social security treasuries and pretend they did though. You do not hate lobbyists nearly enough but you will.
>>541055124LOL China is going to imprison and slay these (((bankers))).
>>541055036The Great Depression was allegedly worldwide. So was 2008, and the corona debacle. It just wasn't happening because of the currency.
>>541047256Trumpfphphhphfgh is the only recucklican executive/congress that is spending like demoshits >drain the swamp!>swamp becomes worse than ever
>>541052591>Memefag You're a worthless faggot. I dont care about your thread topic. This is personal. It's about you, you vile piece of shit.And I mean that with the utmost vitriol and sincerity. You are absolutely worthless. To literally everyone and everything. The only things that will see any worth in you, are the maggots that will feast on your rotten corpse when you hopefully KYS, soon. And even then, you will cause them nausea and a sense of regret for ever having consumed you. Even the plants that will be fertilized by the maggot feces and vomit will be sickly and cause illness to anything that consumes them. Your most beneficial action would be to throw yourself into a steel furnace and that metal used to create bullets and casings so that your entire blood line may be shot. Seriously, you're repulsive.
>>541053396>Democrats generally have better messaging on economic downturn...than "im pretending to be calvin coolidge but im really mitt romney"they dont need to they just need to promise women and simps that women can murder chads baby
>>541055554that's just semantics at that point, the american economy collapsing will send some shocks through other economies too, especially ones that are closely related to america, but the world economy won't collapse, america will collapse, and there'll be some fallout then the next power will take it's place, probably china, also covid is not particularly relevant because it's not like it was caused by the american economy imploding
>>541048307Here's your typical migger: stupid as fuck
>>541047013at that scale money is literally imaginary
>>541055242<<——This new dual-counter model allows for certain stocks on the HKEX to be priced in both the Chinese CBDC (the e-CNY) and the HKD. This new HKD:e-CNY dual-counter model easily allows for global financial firms to more consistently and easily convert USD to the e-CNY via the HKD/USD peg and to decrease the difference between price bids in HKD and the e-CNY on the HKEXthis is also intended to increase internationalization of the e-CNY and the securitization and tokenization of assets, especially securitiesSo, the politicians appear as though they are fighting while the international banks work together behind the scenes consolidating power.Central banks are now acquiring gold to back their own currencies, NOT to convert from gold to digital, but to give them a seat at the NYFed/BIS/IMF TOKENIZED ASSET tablethe global pie is getting bigger for these classists, as they sell each of their own nation's future productivity via bond debt, making the domestic pie much smaller for each citizen.
>>541055823I think "collapse" won't happen since "collapse" means a sudden reduction in the tiers of a society. Like when Rome fell nobody needed lawyers for a while, it was just farmers and feudal lords. A modern collapse would be like the middle class wiped out of existence, and only wage slaves worked under and billionaires. Sure it's slowly crawling that way for now but anything could happen.If North America has a depression then so does South America, Europe, China, everywhere. Then who's on top of the world stage? No idea, but incumbents have an advantage.
>>541047013He is connected to Zorro Ranch. Look it up.
>>541056022We have a State Capitalist Federal Reserve Uniparty comprised of the Fed’s shareholders, the big banks, and also both left and right establishment politicians, who endlessly work for the top 10% of US wealth holders that own 88% of all stocks, 85% of all private businesses and 50% of all pensions. The entire system is geared to support this club (and yes, they are also mainly boomers) to the tune of acquisition of 3% of ALL US ASSETS per decade. The privatization of profits and the socialization of losses.The Fed has coerced the US and the entire globe into a central bank-run state capitalist system. What you are witnessing is the corporate takeover of the USA by our own financial sector and its majority-owned stock in mega corporations. This is evidenced in not only recent corporate media surveillance and censorship, but also in the ongoing wealth transfer scheme of orchestrated booms and busts by the NYFed and its primary dealers (laundering their worthless Federal Reserve Notes into real assets held by their private incorporation). The NYFed itself now holds 1/3 of all US mortgages. This was illegal before 2008.There is not a country on Earth that practices free market capitalism. The debt-based Federal Reserve is a con, plain and simple. God only knows what true capitalism, real price discovery and sovereign nations trading with each other in a free market would be like. Imagine sovereign nations issuing their own currencies. God only knows where we would be today, had the Federal Reserve and the IRS (both created in 1913, btw) never been created. No orchestrated booms and busts, no crony State Capitalism, no corporate tax subsidies, no failing IPOs, no QE, no counterfeiting Central Banks, no metal market rigging, no derivatives, no endless war financing. Only states were supposed to impose an income tax. We are so far from free market capitalism, it is staggering. This is the Federal Reserve Uniparty.
>>541047013If you had a magical money machine that could just print unlimited fake monopoly money because of some kind of financejew sorcery, and everyone else in the world accepted the fake monopoly money you printed, and it was everyone's favorite form of money and it made you the richest most powerful person in human history, and no matter how much you printed it just kept working, would you?>Try to be "financially responsible" and somehow try to pay back all of this magic money you conjured out of nothing, even though you went way past the point where that is even remotely possible decades ago?or>Just let it ride and keep milking this stupid jew scam as long as possible?
we need to issue US Notes againok back to work for a bitoh and Massie 2028
>>541056176the most optimistic endgame is a british empire style collapse, no more overseas military bases, no more petrodollar, no more military adventures and stealing people's cargo ships, just being reduced to a backwater country with a weak economy that's chugging along, and people live in relative comfort but the glory days are long gone, the pessimistic endgame is a roman empire style collapse where the central government can't maintain itself anymore and the country splinters into dozens of warlords carving out their little fiefdoms where they rule like kings, I think america has a higher chance of the pessimistic than the optimistic scenarioand again it's a matter of semantics, if brazil collapsed that would send shockwaves in the markets, if south korea collapsed it would send shockwaves in the markets (it is), but that doesn't mean everyone else will also collapse, this is the same situation, america collapsing will send shockwaves in global markets too, but it's not like others would also just collapse, when the british collapsed that also sent shockwaves through the global markets, but then america just took it's place and things went on, america will collapse, there'll be some shockwaves, and china will just take it's place, not the same exact sense, china won't have miltiary bases in 150 countries and police who's selling what to who, but in the sense that it'll be the go to place to handle financial transactions, you want to trade you go to hong kong with a bag of hold, or you go to shanghai and exchange your bags of cobalt to yuan and then buy german beer with it or whatever you want, china will probably become the next central market of the global economy but they're probably uninterested in policing what kenya sells to myanmar
>>541050042Stop paying it and find out, or continue paying $30b a week interest
>>541056571>no more overseas military bases, no more petrodollar, no more military adventures and stealing people's cargo ships, just being reduced to a backwater country with a weak economy that's chugging alongWhat's so bad about that? That's exactly what the US was prior to getting dragged into WW1 and WW2 and everyone was fine.
>>541047256The spending always increases, retard. We're not "better off" with either.
national debt is literally fake, we are 100000 trillion in debt yet we continue investing, borrowing, and even lendinggive me one reason i should take the national debt seriously lmao
>>541056792that depends on personal perspectives, many people think that the reserve currency status is a curse, that's the triffin dilemma, and many people especially around trump's advisors agree with that view, especially the likes of stephen miran
>>541056440The best option is usually some lame compromise which is why nothing seems to ever get done.I have to hand it to the financiers, the USA is still rich. Inflation as far as schemes go if a pretty decent one for a while, it fuels investment like crazy if you ignore the fact that it's because nobody expects the money to last as well. Money is just a dream, everyone has to believe in it for it to work.What's fucked about inflation is that everyone in power is usually 60+ years old, and still mentally live in 1980. So they decide what wages should look like and they think that pathetic hourly rate is super generous.
>>541056852>in debt yet we continue investing, borrowing, and even lendingjust like the spanish empire did in 1576, and as we know nothing happened once they couldn't pay their debts anymore and the spanish empire still rules most of america, europe, the middle east and south east asia lol, nothing bad could ever happen and everything continues forever
Here in Kentucky everyone thinks massie is totally WOKE.
>>541057994I think you mean loved and extremely antisemitic
>>541050532>The bitterness over lost retirements would be crazy.it would be glorious to see everyone who tithes to a 419(k) every two weeks instead of a church lose even what they appeared to have>>541050646>cut $18T off of medicare/medicaid and soc secboomers and xirs deserve nothing for selling the country
>>541057994when the woke ultra left commies win the election in 2028 due to zognald and his kike shilling, they're going to beg for massie.
>>541047384Or, I know this sounds crazy but hear me out, we could just kill the federal reserve.NESSARA/GESSARA
>>541054409>what will happen to it's elites,theyll all move to the acela corridor permanently and occasionally form committees to study reintegration of rebellious provinces
>>541047013Why would a patriot get with Israel?
You got what you voted for Migger. Enjoy it.
>>541047384We are looking at a decade of 10% annualized inflation
>>541047013Easy solution...tax the rich...50% all property confiscation.
never have we had a huge government spender like trump!
bump
