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To: lowbridge

Just make 50 of them, and give them all to china and other creditors who loaned us $40 Trillion for our national debt.


50 posted on 05/04/2023 5:06:37 PM PDT by Mr. K (No consequence of repealing Obamacare is worse than Obamacare)
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To: Mr. K

The dirty little secret is that we don’t owe the national debt to china et-al, but to the FED.

Since the debt is fiat dollars, it was created out of thin air by the FED, and the interest on it goes towards paying the owners of the FED and about 300 FED stockholders. THe FED, non-federal, is just a private banking corporation that we (the US) tasked with printing the currency, and we pay them interest on that which they create.

Having paid a plug nickel in principal.

“debt” held by China/et-al is merely them holding the “debt” created by the FED in the first place.


55 posted on 05/04/2023 5:11:00 PM PDT by C210N (Everything will be okay in the end. If it’s not okay, it’s not the end.)
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