Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: icclearly

That is actually a good point. It’s not tax payer money being spent. It’s technically borrowed, from the Fed. Printed up and sent.

And then they sit there and do currency conversion for Euros or Pounds and quote those numbers — that were determined in the currency exchange market that happens to reside inside the US.

It’s hard to see how this continues.


14 posted on 05/12/2024 8:23:07 AM PDT by Owen (.)
[ Post Reply | Private Reply | To 12 | View Replies ]


To: Owen
It’s not tax payer money being spent. It’s technically borrowed, from the Fed. Printed up and sent...

Technically yes, but in actuality it is tax payer fiat money being spent via inflation.

Every dollar in "tax payer"s hands, that was 100 cents two years ago, is something of the order of 90 cents today because of the billions to Ukraine plus all the other financial nuttiness.

No Matter, just quickens the final and inevitable collapse of the fiat dollar, whose intrinsic value is exactly 0. No more, no less.

17 posted on 05/12/2024 8:35:26 AM PDT by C210N (Mundus vult decipi, ergo decipiatur.)
[ Post Reply | Private Reply | To 14 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson