But it’s not real money which makes up the Debt. It’s monopoly money. Yes, the monopoly money becomes worth less every day. The so called ruling class likely deploys a lot of the monopoly money into hard assets. Quite a game.
1. Ron Paul suggested that the Fed just forgive the bonds it holds on its balance sheet. That would give an immediate $7.4t in debt relief. But the “member banks” who earn a 6% dividend on the Feds profit margin, would never go for it.
2. The treasury could mint 39 $1t platinum coins and deposit them at the Fed and tell the fed to use those coins as collateral to pay off maturing debt. However, this would cause massive hyperinflation over time.
There is a third and actually final fix to solve the debt problem once and for all, but you’ll have to give me a little love and check out my substack articles to see the real solution.
But it’s not real money which makes up the Debt. It’s monopoly money. Yes, the monopoly money becomes worth less every day. The so called ruling class likely deploys a lot of the monopoly money into hard assets. Quite a game.
They syndicate's remedy will be the CBDC which means PMs will likely only be useful on the black market.
Change my mind.
Trump solved the trillion dollars being paid on debt that’s greater than the 800 billion on military ,he raised the military’s budget to 1,5 trillion.
There actually are several other options.
1. Ron Paul suggested that the Fed just forgive the bonds it holds on its balance sheet. That would give an immediate $7.4t in debt relief. But the “member banks” who earn a 6% dividend on the Feds profit margin, would never go for it.
2. The treasury could mint 39 $1t platinum coins and deposit them at the Fed and tell the fed to use those coins as collateral to pay off maturing debt. However, this would cause massive hyperinflation over time.
There is a third and actually final fix to solve the debt problem once and for all, but you’ll have to give me a little love and check out my substack articles to see the real solution.
Keep stacking my friends. This ends badly
Send the bill to Israel