Please pay attention. The current debt levels are exceeding tax revenue. And reported printed money in circulation is also a lie. It is more. 3.42 trillion revenue. 31.2 trillion debt level. That is 10 to 1. That by the definition of a ponzi scheme if they don't pay the debt they owe. You can use "modern money theory" all day long. It is total bullshit even if the lies are fancy words.
America produces very little. So GDP is an imaginary/arbitrary number provided by statisticians and it states whatever the government wants it yo state. Inflation numbers are the same.
And please explain the gold rush by China and Russia. Both state they realize that derivatives and debt are not real.
Since Nixon, the USA has held monetary power in the world. Other countries woke up while America went woke.
BRICS will replace the USA as a top currency, not using debt to build.
So, if the value of your currency is dropping in real terms, your government prints in excess of 40 percent in growing debt, inflation in real terms is beyond their control and no hope of ever reducing the bill. Ponzi scheme.
Bernie would tell you. Don't get me started on corruption. Even the military is corrupt. Biden is corrupt.
Jan 9, 2023
at
11:28 PM
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