103 Jared Bernstein Former Chief Economist and Economic Policy Adviser to Biden. CANT EXPLAIN WHY GOVERNMENT PAYS INTEREST ON ITS OWN MONEY (twitter.com) 💥 BANK COLLAPSE 💥 posted 212 days ago by Speakfree 212 days ago by Speakfree +103 / -0 11 comments share 11 comments share save hide report block hide replies
The Federal Reserve prints the paper backed by NOTHING but faith in the dollar, loans it to the Treasury and the Treasury pays interest to the Reserve on the paper that is printed by the Reserve. Sounds like a Ponzi scheme don't it?