JasonJessie
New Member
Our money system is a simple process.
Government needs money they don't have......they ask the treasury by issuing a bond from an IOU from the government....the IOU is then sent though the banks to the Fed that sends money back to the banks and the money is sent back to the government to pay bills.
The question is where does the Fed get this money to write this check, they get it from nowhere, it doesn't exist. It has been created. This would normally get someone prison for fraud. 97% of all currency is digital, so it's not even paper, it just bytes on computers.
All of this leads to endless inflation, something were about to experience again after this CV19 business dies down.
Government needs money they don't have......they ask the treasury by issuing a bond from an IOU from the government....the IOU is then sent though the banks to the Fed that sends money back to the banks and the money is sent back to the government to pay bills.
The question is where does the Fed get this money to write this check, they get it from nowhere, it doesn't exist. It has been created. This would normally get someone prison for fraud. 97% of all currency is digital, so it's not even paper, it just bytes on computers.
All of this leads to endless inflation, something were about to experience again after this CV19 business dies down.