- Joined
- Mar 11, 2013
- Messages
- 1,558
- Points
- 83
We trade debt in this country now. Dollars = I.O.U.
lots of people wonder why we can't pay off the national debt, but they don't understand the way the federal reserve works. all the money they conjure out of thin air is loaned to us at interest. some people think the govermnet just prints more money whenever it needs it, but the truth is far worse and more insidious.
lots of people wonder why we can't pay off the national debt, but they don't understand the way the federal reserve works. all the money they conjure out of thin air is loaned to us at interest. some people think the govermnet just prints more money whenever it needs it, but the truth is far worse and more insidious.
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