Sure. Some of which you reference here is accurate in context. I wasn't going into details of securities and the like. That is a broader and more nuanced discussion.
Because it's called a debt does not make it a debt. It's a loan, of currency, fiat money, federal IOU on behalf of we the people to the owner, the federal reserve. If someone loans you are car, is it a debt? Do you pay that debt off with the same car.
How exactly then does the federal "debt" get paid off? How does America pay down the national debt? With dollars? Lol. Sure another tangible could be used, let's say gold. And now ripping off each American citizen twice by doing so.
Sure. Some of which you reference here is accurate in context. I wasn't going into details of securities and the like. That is a broader and more nuanced discussion.
Because it's called a debt does not make it a debt. It's a loan, of currency, fiat money, federal IOU on behalf of we the people to the owner, the federal reserve. If someone loans you are car, is it a debt? Do you pay that debt off with the same car.
How exactly then does the federal "debt" get paid off? How does America pay down the national debt? With dollars? Lol. Sure another tangible could be used, let's say gold. And now ripping off each American citizen twice by doing so.