Quote:
Originally Posted by mayabong
It comes from the fed again, at interest. Its a never ending spiral of debt.
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No no, it is ending - just not in a bad way. It's a ledger no different than we have as a business. I'm trying to think of a way to explain it..
Let's try this...assume your business gave everyone in your family all the money the ever needed, but you didn't give it to them directly. What you did was gave all the money to your Dad.. Dad owes you $100 lets say for the loan. Dad dished the money out to family members.
The family members never tell 'you' what they did with the money. So you never write off, got a new house, got a new car, etc. or maybe someone bought a rubber factory and started making tires, again none of those raw materials every told to you.
Your Dad doesn't tell you that either, he just says here is your $100 payment now can I have more, which you do.
On your end, as a business... if you knew nobody would ever look at your numbers, you could keep printing money, giving money to Dad, never taking in a receipt and never "clearing your books off."
That's what the Fed Reserve has done.... YOU aren't telling them what YOU purchased with THEIR money, so they don't remove it from the ledger. Banks don't tell them, the war chest doesn't tell them, nobody does - so it's ALWAYS on the books.
And it will always be growing... you're correct, we can't ever "pay it back" because we have nothing to pay back - we need to clear the ledger - then the credits and debits are explained and shit equals out.