The Fed is a private institution. The US Treasury can be solvent independently of the Fed. I believe the plan involves loading the Fed with all conceivable debt and letting it sink. Liquidity and new US Dollars will be supplied by the Treasury without the Fed.
I've been thinking that's what they were doing. Even back when President Trump was in office, it felt like we were spending money like we were planning to stick them with the bill. Let's hope many millions more will be spent to send all the illegals right back to where they came from too!
I really want to know how Trump and the patriots are going to fix this...
The Fed is a private institution. The US Treasury can be solvent independently of the Fed. I believe the plan involves loading the Fed with all conceivable debt and letting it sink. Liquidity and new US Dollars will be supplied by the Treasury without the Fed.
From the article:
Us debt has to go somewhere.
Nope. Just pile all the debt onto the fed balance sheet and then declare bankruptcy. Problem solved
“Here’s your damn musical chair.”
banker screams in background
(Chair plays It’s a Small World on low fidelity loop)
Yeah, but that "would" is open to question. I don't think they will.
I guess we'll find out.
I've been thinking that's what they were doing. Even back when President Trump was in office, it felt like we were spending money like we were planning to stick them with the bill. Let's hope many millions more will be spent to send all the illegals right back to where they came from too!