Posted on 01/13/2023 1:16:48 PM PST by ChicagoConservative27
Great input on the nuts and bolts at work here. Bottom line that this “interest” on the manufactured debt is going to (mostly crooked) bankers, which most people don’t get. It’s probably one of the main reasons the debt is being run up. But without a change to the mechanics, behind the scenes as you describe, it wouldn’t make as much sense, because inflation would eat up a lot of the value of the interest earned, eventually.
But the Federal Reserve notes are not issued by the “government.” Lol.
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