Posted on 01/28/2023 8:41:22 AM PST by Kaiser8408a
Silly book filled with serious errors.
I guess it is too late for the Penny Plan?
It will never happen but everything the gooberment spends needs to be on the budget axe table in one form or another. First cull is contractual obligation then need vs. want then changing contracts and cull some more.
According to the Treasury Department: the Fed, together with all other federal government accounts (SSA, Military Retirement Fund, Medicare), hold $12.26 trillion.
What’s the problem? Just borrow another $1 trillion every year to pay that interest. It is, after all, “Modern Monetary Theory.”
And not just Ukraine.
Foreign aid over Americans.
Everything over Americans.
We were so fortunate to have Trump.
Free money for the Rothschilds Clan
We are not paying the interest on the debt. It is just being added every year to the national debt. That is why the debt increases over a trillion dollars every year.
“It’s owned by the US government.”
Nope.
https://www.federalreserve.gov/faqs/about_14986.htm
“The Federal Reserve is not owned by anyone.”
“Just WIPE the debt and be done with it!”
The reason they won’t do that is after you refuse to pay creditors nobody will loan you money anymore.
If you love spending other people’s money as much as Con-gress does that is like going cold turkey on a heroin addiction.
Drain - swirl- down
Gerard Manly Hopkins could have written a poem like that.
And who does all that “interest” go to, no one ever asks, do they.
It’s past time people start.
I saw on telegram that the pentagon has a university???
Also who is going to pay for this?
https://t.me/fr0m_Russia_with_L0ve/15225
🇬🇧 Former British Prime Minister Tony Blair at the WEF in Davos called for a “digital infrastructure” to monitor who is vaccinated and who is not.
And then there is always recycling..
https://t.me/GeopoliticsAndEmpire/32435
“A potato seller in Zimbabwe is patching up old U.S. dollars for resale on the black market, amid a short supply of the currency and an economic crisis.”
Glad I could help.
**********
Toddster,
Is the $853 billion in interest payments fairly accurate?
I don’t have time right now to go through the monthly Treasury Statements for 2022. You’ve always been good at that sort of thing & I value your input.
What are “stonks”?
“The FBI is not owned by anyone.”
MarMema,
I’m not sure what to make of it, its too early to tell IMO.
I will say that any drastic change in the current international financial system will have a drastic effect on multi generations.
Which leads me to believe that the political & economic leadership will use anything including duct tape to maintain “the normal.”
And yet they want and crave more debt like crazed JUNKIES
It’s all about Cloward Piven.
Not only is the debt itself still growing at record rates, the full impact of the newly increased interest rates hasn’t kicked in yet either, as a lot of this current interest being paid figure is still based on older borrowing rates that haven’t expired yet.
So it’ll be a double whammy when all debt interest starts getting calculated at the newer rates, which will take a few years, but but those rates remaining high appears inevitable based on historical trends.
It’s a vicious cycle that’s really just starting to accelerate.
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