(02-03-2024, 06:40 AM)rInfolurker Wrote: Your Story is not that far off.
They have already talked about taking your 401K and all retirement accounts to fund the .gov and they will promise you social security #2. Now, you also get to keep contributing that 401K money as a new mandatory tax that goes into bonds to fund US debt going forward for this social security #2.
The idea is to seize 40 Trillion in retirement accounts for them to blow pretty much because there is no paying off DEBT because it isn't real. They just plan on blowing it and buying themselves another decade or so.
How does typing money into existence by the Fed considered debt when it is simply inflating and devaluing the currency? There is no debt, it is not like they are loaning something they have, they are simply creating new money out of thin air and telling the .gov "you have more money".
We owe China you say? Really, so they create money out of thin air the same as we do.... so their money from nothing buys our money from nothing?
How would we owe the Federal Reserve something because their labor was typing numbers into an account, inflating and devaluing our currency each time.
Interesting as I pulled that story out of my butt thinking it was a SiFi horror story.... I should have known nothing is to horrific for the socialist leftist to contemplate.
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Silence those who disagree and you will never realize you are wrong.
No one rules if no one obeys
“Those who can make you believe absurdities can make you commit atrocities.” - Voltaire