The US government purchases a $150k chair for a embassy in Europe. I think it was purchased with. an AmEx card. Hehe. Our government is probably borrowing from a central bank owned by the Big 13 secret families which run this planet. We cut them out of the equation then we will probably only owe a few trillion.
To whom? There is no other source of debt than banks, and there is only one bank in the world. There is no one we can be in debt to.
It's all just funny money anyways. It doesn't actually exist. There was nothing actually "loaned" so there is no actual debt. What we call "debt," indeed, what we call "money" (they are two words with the exact same definition in our case) was just poofed into existence as a part of the creation of the "loan," and then we got a receipt for what we "owed" for the act of some bank poofing.
We have $33.5T dollars of debt, every single one of which was created by nothing but poofing. All we have to do to get rid of it is poof into existence a $33.5T dollar statement of "paid in full."
Oh the horror. Don't you realize that if you take away the fortunes of the assets of the lenders then they won't be able to live in their Swiss castles? That just isn't fair. Then they'd be homeless and not know how to rattle a tin can or write " will work for food" on a piece of cardboard.
When they converted our economic system to be based on little pieces of debt, instead of little pieces of gold, it became a system that depends on debt.
If that debt was paid off, or otherwise extinguished, we would cease to have an economic system.
Our fiat money system uses units measured in negative value, the absence of value. This differs from gold, where the work has been done and the asset is in your hand as a positive value. Debt is designed to forever enrich the money masters, and by design must forever expand through compounding interest. If we were to extinguish the 33 trillion dollars in debt, they would probably just kill us all, as there is no further use for us. Perhaps that's what we're seeing now?
We don't owe anyone, because it will never be paid back.
Very true.
The US government purchases a $150k chair for a embassy in Europe. I think it was purchased with. an AmEx card. Hehe. Our government is probably borrowing from a central bank owned by the Big 13 secret families which run this planet. We cut them out of the equation then we will probably only owe a few trillion.
To whom? There is no other source of debt than banks, and there is only one bank in the world. There is no one we can be in debt to.
It's all just funny money anyways. It doesn't actually exist. There was nothing actually "loaned" so there is no actual debt. What we call "debt," indeed, what we call "money" (they are two words with the exact same definition in our case) was just poofed into existence as a part of the creation of the "loan," and then we got a receipt for what we "owed" for the act of some bank poofing.
We have $33.5T dollars of debt, every single one of which was created by nothing but poofing. All we have to do to get rid of it is poof into existence a $33.5T dollar statement of "paid in full."
Oh the horror. Don't you realize that if you take away the fortunes of the assets of the lenders then they won't be able to live in their Swiss castles? That just isn't fair. Then they'd be homeless and not know how to rattle a tin can or write " will work for food" on a piece of cardboard.
We will make them eat ze bugs, own nothing, and be happy— or the beatings will continue until morale improves.
When they converted our economic system to be based on little pieces of debt, instead of little pieces of gold, it became a system that depends on debt.
If that debt was paid off, or otherwise extinguished, we would cease to have an economic system.
Our fiat money system uses units measured in negative value, the absence of value. This differs from gold, where the work has been done and the asset is in your hand as a positive value. Debt is designed to forever enrich the money masters, and by design must forever expand through compounding interest. If we were to extinguish the 33 trillion dollars in debt, they would probably just kill us all, as there is no further use for us. Perhaps that's what we're seeing now?
Sounds plausible.
28 day US T-Bills are paying an investment rate of 5.421%
91 day US T-Bills are paying an investment rate of 5.509%.
10 year US T-Notes are paying an investment rate of 4.289%
20 and 30 year T Bonds are paying only slightly better than the 10 year note.
Short term loans to the government are paying more than long term loans to the government.
That's the inverted yield curve in words rather than a graph.
With the state of the world at the present time, these rates are as good as it gets.
That's why people/companies/governments are lending to us.
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