40 () posted 233 days ago by Cantaloupe 233 days ago by Cantaloupe +40 / -0 19 comments share 19 comments share save hide report block hide replies
Because every dollar you print is a dollar debt.
Treasury issues the bonds (debt).
Federal Reserve buys the bonds and pays for it by printing the federal reserve notes ("dollars").
These newly printed money is backed by the same Treasury bonds ("debt")
Literally printing our way out of debt with more debt.
Stupidity, greed, malice and more
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