We don't borrow from China or anybody!

The notion that we borrow from China or anybody else for that matter is totally wrong and based on ignorance. You'll see...even a kid can understand it!!

Category:

News & Politics

Tags:

• Mike Norman
• Nick Norman
• MMT
• China
• Treasuries
• interest rates
• trade deficit

[TWSceptic]

Wow most retarded video title ever LOL. Why don't people just ignore this asshole. Peter Schiff has pwnd him on TV, get over it already. Mikey will be wrong again don't worry.

[TWSceptic]

@rudemood2011 Too little and not understanding him I think.

[BurntEngineOil]

You said that the government creates dollars, but those only account for a small amount of the actually currency that exists. Most dollars are kept in bank accounts, and then leant out, creating the multiplier effect. I've recently heard a lot of people say that banks actually create money. What do you say to this?

[ltmikepowell]

@larrybonner1 Let's hope can find a 7.62mm rifle round. Wonder how BIG the hole at this freak's head?

[larrybonner1]

@ltmikepowell had thought about it... guessin you could do it with adobe after effects

[ltmikepowell]

@larrybonner1 Come on, just do some animation that how a bullet punch through a people's head.

[ltmikepowell]

@stripe64 Well, let's hope that bullets won't be part of his body part when the paper money fails.

[Frankenpalin]

@larrybonner1 his head will explode

[FrankiePoker]

China prints Yuan and buys dollars. This pushes down the exchange rate. Then China buys treasuries with the dollars it has.

[UponInfinity]

Those $1 Federal Reserve Notes make wonderful bookmarks.

[stripe64]

We don't borrow money from China. The next thing this idiot will say is we don't have a National Debt.