Money = Debt.
Which is to say:
Money - Debt = 0
What we call "money" comes from taking out a loan. There is no "money" before the debt/loan is created. Debt is money, money is debt. If all the money in the world went to pay off the debt, there would be zero money left.
Except that's not actually how it works. It's much worse. When interest is paid, that comes from the total "money" available. Therefore, there isn't enough money in existence to pay off the debt.
Money = Debt - Interest
This is why the "debt ceiling" needs to be raised all the time. Because when we pay interest on any loan (house loans, car loans, student loans, federal bonds, etc.) all that goes into the banks profit AKA interest.
The entire concept of "money" is a scam, designed specifically to transfer real assets from We The People to the PTB. The system is designed to fail. What we are seeing now is the plan.
Of course, it gets worse. All of our property isn't actually owned by us either. We have beneficial rights not control rights. You don't own your home, you don't own your car. That is why they can charge you to use them (we call it "property tax", but it's really a lease payment). All of your other assets are also not actually owned by you. They can be confiscated by the IRS on suspicion of a tax crime, no warrant or due process required.
We have no wealth. No one owns anything. We live under an illusion of ownership, but in reality (at least according to the reality created by "law") we own exactly squat, zilch, zero, nada, niet.
Money = Debt.
Which is to say:
Money - Debt = 0
What we call "money" comes from taking out a loan. There is no "money" before the debt/loan is created. Debt is money, money is debt. If all the money in the world went to pay off the debt, there would be zero money left.
Except that's not actually how it works. It's much worse. When interest is paid, that comes from the total "money" available. Therefore, there isn't enough money in existence to pay off the debt.
Money = Debt - Interest
This is why the "debt ceiling" needs to be raised all the time. Because when we pay interest on any loan (house loans, car loans, student loans, federal bonds, etc.) all that goes into the banks profit AKA interest.
The entire concept of "money" is a scam, designed specifically to transfer real assets from We The People to the PTB. The system is designed to fail. What we are seeing now is the plan.
Of course, it gets worse. All of our property isn't actually owned by us either. We have beneficial rights not control rights. You don't own your home, you don't own your car. That is why they can charge you to use them (we call it "property tax", but it's really a lease payment). All of your other assets are also not actually owned by you. They can be confiscated by the IRS on suspicion of a tax crime.
We have no wealth. No one owns anything. We live under an illusion of ownership, but in reality (at least according to the reality created by "law") we own exactly squat, zilch, zero, nada, niet.
Money = Debt.
Which is to say:
Money - Debt = 0
What we call "money" comes from taking out a loan. There is no "money" before the debt/loan is created. Debt is money, money is debt. If all the money in the world went to pay off the debt, there would be zero money left.
Except that's not actually how it works. It's much worse. When interest is paid, that comes from the total "money" available. Therefore, there isn't enough money in existence to pay off the debt.
Money = Debt - Interest
This is why the "debt ceiling" needs to be raised all the time. Because when we pay interest on any loan (house loans, car loans, student loans, federal bonds, etc.) all that goes into the banks profit AKA interest.
The entire concept of "money" is a scam, designed specifically to transfer real assets from We The People to the PTB. The system is designed to fail. What we are seeing now is the plan.
Of course, it gets worse. All of our property isn't actually owned by us either. We have beneficial rights not control rights. You don't own your home, you don't own your car, all of your other assets can be confiscated by the IRS on suspicion of a tax crime.
We have no wealth. No one owns anything. We live under an illusion of ownership, but in reality (at least according to the reality created by "law") we own exactly squat, zilch, zero, nada, niet.
Money = Debt.
Which is to say:
Money - Debt = 0
What we call "money" comes from taking out a loan. There is no "money" before the debt/loan is created. Debt is money, money is debt. If all the money in the world went to pay off the debt, there would be zero money left.
Except that's not actually how it works. It's much worse. When interest is paid, that comes from the total "money" available. Therefore, there isn't enough money in existence to pay off the debt.
Money = Debt - Interest
The entire concept of "money" is a scam, designed specifically to transfer real assets from We The People to the PTB. The system is designed to fail. What we are seeing now is the plan.
Of course, it gets worse. All of our property isn't actually owned by us either. We have beneficial rights not control rights. You don't own your home, you don't own your car, all of your other assets can be confiscated by the IRS on suspicion of a tax crime.
We have no wealth. No one owns anything. We live under an illusion of ownership, but in reality (at least according to the reality created by "law") we own exactly squat, zilch, zero, nada, niet.