America's monitary policy is based on INSANE debt slavery
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@bluemeeni1658 They want to make people debt slaves, easier to do when interest has to be paid.
jimbobubbadj 9 months ago
@bigdad06 Can you get one for me? hehehe
jimbobubbadj 9 months ago
So why do they need to charge interest (Money owed to them ) when they can print as much as they want?
bluemeeni1658 9 months ago
Simply printing mo' FRN's as needed for "the budget" produces inflation, so it's still a losing proposition for the common tax cattle, (the gov't has no money, even though they can print it). But, you are right, the the gist of it is that at least even MORE money wouldn't have to be stolen from the populace to pay interest to The Fed.
I have a question, Woody. When the dollar collapses completely, I don't think the debt will "go away", (a US gov't default). How do you think that will play out?
MrDorkusMaximus 9 months ago
I don't find economics complicated at all. With hard goods if you move them from A to B at a loss, you need to recoup it. If it's balanced you don't. If you overconsume your land to do this you suffer in the long run. Easy so far. If you use money-printing it's total fraud and counterfeiting. When laws support it, that makes it slavery.
Easy as pie.
ytgv3fc7 9 months ago in playlist 1 2011 05may 22
You could have a different shirt for every day of the year for all the Banksters !! lol Great vid Woody.
EVRYMANaKING 9 months ago
Nice video Woody! Where can I get that T-shirt?LOL!
bigdad06 9 months ago