It's not like it's real money anymore anyway. That which cannot continue, won't.
They'll just keep kiting checks with huge numbers on them, and the fed will continue to manufacture debt out of thin air until the whole thing just grinds to a halt one day.
You don't even get to act surprised. Everyone has seen this coming since: 1) 1913 when the federal reserve act started charging the American taxpayers for the interest on debts incurred by the us.gov. Then 2) abandoning the the gold standard in 1933 when FDR made it illegal for Americans to even own gold.
BulletStopper 2 points 5 months ago
It's not like it's real money anymore anyway. That which cannot continue, won't.
They'll just keep kiting checks with huge numbers on them, and the fed will continue to manufacture debt out of thin air until the whole thing just grinds to a halt one day.
You don't even get to act surprised. Everyone has seen this coming since: 1) 1913 when the federal reserve act started charging the American taxpayers for the interest on debts incurred by the us.gov. Then 2) abandoning the the gold standard in 1933 when FDR made it illegal for Americans to even own gold.