Originally Posted by
nnarum
Originally Posted by
RockyBalboa25
Originally Posted by nnarum
I don't know if this was directed at me, but like I said earlier it doesn't surprise me.
And big brother wants work and taxes. Also to offer us debt, another form of slavery, so that we continue to work.
My question to you is, when the government borrows money from the federal reserve, how does it pay the interest that the federal reserve charges to borrow the money? Or layman's terms, to put more money in circulation I.E. bailout...And this is a totally non conspirator question. How do you take X to pay X+Y, and have to come up with Y as in interest to pay back the loan? Where do you get the money to pay the interest or Y? So we just make up more money to pay back the interest that could've never even paid back?
I can't answer that, I know some basic economics but I don't know the inter working of the Fed that well. I don't get why increasing the money supply has anything to do with this though?
I realize that almost everyone here hates Bush, some for good reasons, some for questionable reasons and others cause its the cool thing to do these days. But hypothetically, what would you say if Obama infringes on the public's privacy in anyway in the next 4 to 8 years?
Exactly. And most Americans don't. I'm not an economics major, but I know you can't create new matter, word to science class. Increasing the money supply would only allow the government to pay off the interest, but then getting into more debt with more interest. Which is why the deficit increases at such an alarming rate. And some of the bailouts are being funded by the fed, which means more money is being put into circulation. And when more money is in circulation, the value of existing dollars goes down. Which creates inflation.
Another crazy nugget, most people don't think 9/11 is staged, but I say it could be. I'm not going to get into the details about the attack, but Hitler once burned down his house blaming the enemy to create fear in his people to pass an act similar to the Patriot Act. Look up the Enabling Act of 1933. I can't be nothing but shocked when you look at the similarities...