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/pol/ - Politically Incorrect


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File: Untitled.jpg (74 KB, 1105x532)
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IT IS NOT FUCKING FALLING WTF
>>
LSD EMPEROR OF AI AND CLOCKWORK ELVES
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File: 5pc rates normal.jpg (102 KB, 1106x829)
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this is nothing
rates just going back to normal
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File: fredgraph.png (52 KB, 1320x465)
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>>542839096
>normal
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>>542839730
zoom out
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>>542839096
Gee I wonder what happened in the 70s that bond yields would be so high...
Nixon ended gold-backed dollar when debt levels and deficits were high and they needed to print more.
>>
SOMEBODY GET THE BUSSY ON THE PHONE RIGHT FUCKING NOW
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>>542840487
That was a result of the Vietnam war. They literally sent and supplied like 500k people in the jungles, along with the weapons and the equipment. It was an insane national campaign that broke the country.
>>
kek
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File: 1490857067392.jpg (32 KB, 600x336)
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I have until October 14th to secure my mortgage on my new house

The rates better fucking drop sub 7 or I'm gonna lose my shit
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>>542840172
Are you retarded?
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File: Trumpfuckup#1000.jpg (42 KB, 1028x498)
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>>542838167
Who would have thought that Donald J Trump was a credit risk? (besides ever bank in existence). Maybe he shouldn't have done the Republican trope of Tax Break for Oligarchs/Expensive Overseas Military Adventure.
Turns out for all his smooth bullshit, he's just another Republican after all!
Cannot wait for JD to try and sell you all that "this time, it will be different baby!" again.
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File: 1707175805400518.png (355 KB, 1332x1468)
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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 related

How 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 currency
Are 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 it

p.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 three years. Let that sink in.
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>>542842419
If this wasn't a joke of a nation, these people would be executed.
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>>542843975
its so funny that you are taking more debt to finance free education and healthcare in israel



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