Posted on 08/25/2024 7:05:59 AM PDT by MtnClimber
Amazingly, the United States GDP is $16 trillion per year, and our national debt is now $35 trillion. Our biggest national expense is interest service on the debt. But we don’t all know that $36.8 trillion represents all the money in the world. Put that in your pipe and smoke it.
A few weeks ago, I looked up how much money there is in the whole world. I did this because I was making the point that if a person is sick enough and close enough to death, then all the money in the world poured into medical care will not bring him back. Furthermore, not all the money in the world spent on medical care will bring him back from any successive drop down the ladder of well-being toward the point of no return. Drugs are artificialities. They cover up symptoms, but they do not substitute for the holistic requirements, like good food, sound exercise, meditation, prayer, like chiropractic, that actually improve the body in multiple physiological ways.
The World Atlas says that all the money in the world equals $37.8 trillion. Our debt now equals all the money in the world?
Spending in the modern era is a Democrat thing. It bribes voters and also conforms to the Cloward-Piven strategy to end family, religion, commerce, enterprise, and Western civilization through debt-collapse into a rubble from which Gyorgy Lukacs, Wilheim Munzehberg, John Dewey, the Fabians, the Frankfurt School, Max Horkheimer, Antonio Gramsci, Theodore Arno, and many others hoped a socialist utopia would climb. The operative word is “hope.”
How did Democrats get us here? When did they start driving the “hockey stick” of social welfare spending skyward? In 1964, with the great War on Poverty. This jumpstart spending program was supposed to knock out poverty, disparity, and want...
(Excerpt) Read more at americanthinker.com ...
What could possibly go wrong?
Mine too.
Don’t worry, we won’t run out of money, we have a Central Bank with a pure fiat currency, they will print more, I promise.
Anyone who thinks the American people are going to pay that debt is a fool.
Bankruptcy is coming. Kamala will see to it.
Printing ADDS to national debt.
ALL THE MONEY IN THE WORLD!!!
Wowie Zowie!
WE WIN!!!
Right? (Ahem…)
We’re watching what can go wrong in real time! :-/
We will see major inflation in the yesrs ahead.
Money will be created to pay interest on thd debt, but increasing the money supply leads to inflation.
Politicians of both political parties will be agreeable to do this ,rather than make difficult choices on government spending which could forestall major inflation or an eventual collapse.
US GDP is around $28 Trillion. It took me about 15 seconds to look it up.
If you’re going to get indignant about some number, it’s an insult to the reader to fail to fact check yourself.
Apparently, American Thinker’s editor is spell check.
BTTT
If only we could double that!... /s
If you can....
Buy gold and hang onto it.
When a private corporation (the FED) can print our "money" at interest, it is not really money, but debt from the git-go. The fact that the debt far exceeds the M2 money supply is the inevitable result of fractional reserve bankstering.
Most of the wealth of the world (in terms of real money, PMs) is held by a small handful of elites.
All of this we've been told a million times in so many ways, from the 1982 Grace Commission to Monopoly.
I’ve said it before and I’ll say it again...
These loons are so dedicated to the idea that spending is moral (and that not spending is therefore immoral) that they have finally reached the point that they can’t slow down but have to go faster.
They are no longer pump priming but wanking off, getting jollies and feels through economic masturbation.
what is money? And where does it come from?
In other words, the Federal Reserve has captured all the money of the world. Congratulations Bankers!
“US GDP is around $28 Trillion. It took me about 15 seconds to look it up.
If you’re going to get indignant about some number, it’s an insult to the reader to fail to fact check yourself.”
Back atchya! You in no way verified that number to be accurate. You simply took the federal reserve number and repeated the lie.
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