Imagine…
(media.greatawakening.win)
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They borrowed money on you and your children's future so that it was available for them to steal. When the obvious finally occurred to the sheeple they intended to crash the financial system and do a reset with them holding most all of the hard assets. Thus you would own nothing and be happy.
That would hold true until they got your guns through threat of starvation, and once they got the guns they would proceed to starve the masses to death anyway.
The sheeple will never grasp this concept until they are actually starving. The patriots should never lose sight of their primary agenda, population reduction.
Losing is not an option. Not fighting is not an option. It's all in time.
When every dollar you create, you create as a debt, that's inevitable. Every dollar of our debt is exactly how much money we have in circulation. Taxes are levied just to cover the interest on that debt, which it doesn't do. The debt doesn't really exist. We could easily just create our money as interest-free NOT debt. There's literally zero reason for having done this except to rob us blind.
30% is just the median income tax. Some states get up to around 50%. Then you pay property tax, sales tax, licences and fees for most things you do, and services fees for all the government services you use. On top of all that, the cost of most things you buy are inflated through restrictive taxes, fees and regulation. This still isn’t enough, so they borrow on your account. Everyone is technically bankrupt whether they realize it or not.
This also ignores social security and excise taxes, and if you're unlucky enough to own a business, they get you there too. The 30% is just one of four types of theft they engage in.
Add in payroll tax too. There are too many to count. The other sinister thing they do is that they rig the system to corral you into parking your money in their assets. Try to use your RRSP’s to invest in yourself or your own business and not a bunch of globo Wall Street firms and see how far you get.
If you can't imagine...then you ain't black.
Bro, I'm in CA. That shit is 50% easy......
When you give them absolute power like the ability to print money at will, this is what happens
Our economy is the perfect depiction of the differences between liberalism and conservatism. The liberal ideology isn't rooted in reality. They love the idea of imaginary money with imaginary value that they can print out of thin air
Keynesian economics is exactly like communism, where in a perfect (imaginary) world, everything works because we're all singing kumbaya and holding hands with our elected leadership and they all have our best interest at heart.
Having your dollars backed by something keeps the government in check. Just like the second amendment keeps them in check. It's why the neo-con/neo-lib agenda is to strip you of those safeguards
I don’t doubt your comment; I just don’t understand it, so hopefully you’ll be kind enough to explain it to me. If our dollar continued to be backed by gold, would we not then be unable to support our current population without having printed an enormous amount of money, anyway, thereby STILL driving down the value of our dollar?
You have to actually have the gold in reserve to issue new bills. So yes, more bills would circulate, but they wouldn't be worth any less because they're backed by the same amount of gold per issued note
We'd support the population through taxes and other forms of revenue. If you just count tax revenue, the US collected 4.7 Trillion in 2023. Our three biggest expenditures are Medicare/Medicaid, Social Security, and Defense which cost around 3.6 trillion dollars per year. That's taken care of with just tax revenue alone, no printing required.
I'm not explicitly advocating for a return to the gold standard, it just prevents the government from abusing the taxpayer. Deficit spending has huge benefits too, but only if you do it responsibly. Getting to 32 trillion dollars in debt and having a debt to asset ratio of 134 percent is not responsible
Wouldn’t we be unable to collect so many taxes if there wasn’t that level of gold? I mean…I don’t think we had that much gold, therefore, we can’t have that many people. Right?
That happened many times in the US and in other countries which is what led to the initial float of the dollar by Roosevelt. It definitely worked at the time, with the influx of money reversing the huge deflationary pressures that were prolonging the Great Depression
You could argue that deflation like that is worse, and in many ways it is. But when the dollar is allowed to be devalued consistently for 53 years like it has been, you have issues like housing costs. Median home price pre "Nixon Shock" was around 24k, and has increased 20 times that since, while the median household income has only increased by 10.
As you said, the consistent increase in the population would require the gold supply to remain above a certain threshold, and I wouldn't trust our federal reserve banking system to be able to manage that, nor would I trust other nations to play nice. With how large our trade deficit is, it wouldn't be long until hostile nations drained us of all our gold and collapsed our financial system yet again.
Thanks for this insight.
30% - No! it is more!
**AND having the ability to literally print money out of thin air, whenver you want.....
And it's STILL never enough.
Wait until you realize the debt is just another type of theft (via inflation).
That's how decadently they live. Absolute sin and luxury.
Unbelievable, when you look at from that perspective…
And still want to borrow more.