How Bad Is Our National Debt

originally posted by: incoserv
a reply to: infolurker

Wanna share some of what you're smokin'?

Somebody somewhere sometime will have to pay. The only people who believe that they're is such a thing as a free lunch are beggars. History bears witness to this, but then most folks theses days are bit well versed when it comes to history.

But you're right about one thing. Nobody is "borrowing" from anybody else. No, it's not borrowing; it's outright theft.

Pay what?

The Fed typed numbers into an account to create money to buy bonds, stocks, tbills, whatever. Our already existing money becomes worth less as the number of dollars increases from nothing.

How do we the people "Owe" the Fed for this?

Most Treasury bills are privately owned.

Historically ALL of them were. But lately the Fed has started "buying" them. Printing money to buy something , which is admittedly kind of iffy.

But for most of the history of the debt that didnt happen.

Please fellows, don’t worry about this, after the fifth phase all the public debts will probably be canceled at a global level. This one will be one of the tricks the reactionary conspirators will use in order to psychologically bribe the segment of survivors who don’t belong to the conspiracy into accepting their regime.

They think they will be able to do so because they plan to kill a minimum of 60% of the world population, apart from destroying the five allied powers.