CNBC: Federal Reserve Plan to Monetize the Debt/Stimulus = Ponzi Scheme
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WELL-Why does the US or any country have debt,we only owe $15 Trillion in Federal Reserve Bonds to the Fereral Res Bank with annual interest of $700 Billion. Why don't the US and all the World default on it's bonds-ONLY the Federal Reserve will go under(too bad),The Gov can make a new money-nothing bad will happen except the13 Private Bank stockholders of the FED won't get paid.Hitler kicked out Central Banksters-Printed Own money-in one year Germany went from Hyper Inflation to Nationally RICH.
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Absolutely; insane isn't it? paper money backed up by more paper money...simply insane.
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actually, the fed prints the money and lends it to the treasury at interest.
then the treasury issues bonds to the public to help pay back the debt and interest on the debt to the fed.
monetizing the debt is when the fed buys up those bonds the treasury gave out to the public by printing more money to buy up the bonds.
the treasury has to borrow more debt from the fed just to pay the interest on the existing debt.
so its a never ending debt binge that will lead to hyperinflation and collapse.
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Of course Liesman can't tell the truth....His name is LIES MAN!
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Everything Liesman says comes from White House talking points, is he employed by CNBC or the White House? If it's CNBC, can Liesman tell the truth without getting cut off from W.H. information? It's seems to me that listening to Liesman, or Harwood should be done with caution!
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Funny because Dennis stumbles on the truth!!! Not funny, it is the truth!
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laugh it up fuckers
2 years ago 3
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"ha ha ha ha, O dennis, you and your shennanigans, ponzi scheme? ha ha ha it couldn't be more not a ponzi scheme, don't you see why dennis? monetizing and what not? disregard that last comment America, dennis is such a practical, jokester, ha ha ha... sigh... ha."
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Right they all practiced laughing together, maybe they practiced with Santelli over the phone.
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Abolish the Fed
cffalk 2 years ago 11
The Federal Reserve has been operating a Ponzi Scheme since 1913
pinkfloydmoon 2 years ago 10