Serious question, if the taxpayer bears no losses, then who pays? Last I checked the government produces nothing and therefore doesn’t have income. Our taxes are their income. So, since all debt are paid, either by the borrower or the lender, who’s paying?
Serious question, if the taxpayer bears no losses, then who pays? Last I checked the government produces nothing and therefore doesn’t have income. Our taxes are their income. So, since all debt are paid, either by the borrower or the lender, who’s paying?
The government will print the money and it will be the next generations of taxpayers who pay - if the circus keeps going that long.
Basically the US gov doesn’t care how big a debt mountain they stack up for the future now, they have realised for some years now that it is completely unrepayable.
Eventually the US dollar is no longer the worlds reserve currency and when that day comes, it’s all over for the USA.
Serious question, if the taxpayer bears no losses, then who pays? Last I checked the government produces nothing and therefore doesn’t have income. Our taxes are their income. So, since all debt are paid, either by the borrower or the lender, who’s paying?
They tell We The People whatever they think we want to hear.
I think they tell us only what they want us to hear. They could care less about what we want to hear as we don’t matter to them.
We will all pay through inflation in a major way. Fiat currency makes them rich and us very poor.
The government will print the money and it will be the next generations of taxpayers who pay - if the circus keeps going that long.
Basically the US gov doesn’t care how big a debt mountain they stack up for the future now, they have realised for some years now that it is completely unrepayable.
Eventually the US dollar is no longer the worlds reserve currency and when that day comes, it’s all over for the USA.
That "day" is closer than most realize.
The claim is tfe banks will be assessed.
Which means the customers of the banks pay. Surely the money doesn’t come from the paychecks of the managers of the banks.
It's still the answer to the question I replied to.
I am not laughing