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Chuuwee
Let’s say the United States needs money.
Instead of issueing there own United States notes backed by their own credit
they issue treasury bonds.
They then sell these bonds to the Federal Reserve which buys them with money
they created out of thin air.
The money that the Fed creates then goes the US.
The US then pays interest on
the money the Fed lends to the Treasury.
So to clarify.
The Feds creates money out of nothing loans that money to the US
and then charges interest on that money.
What this means is that there is and will never be enough money in circulation
or in existence to pay off that debt.
Life is a disease and you die of it indeed disguise blood pressure high he had
diabetes
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