BrettNortje
Banned
- Joined
- Jul 14, 2016
- Messages
- 793
- Reaction score
- 22
- Location
- Cape Town
- Gender
- Male
- Political Leaning
- Centrist
I am aware that every country has a deficit, which is where they owe the people money, yes? the facts are that they owe themselves money, as it is owed to the federal reserve , which is money they are in charge of.
This money is not owed to the people, as, they do not lend from the federal reserve. the closest thing to the people owning the money in the federal reserve is the banks owing the federal reserve money, yes?
So, the national debt should be wiped clean! this will mean the money no longer annihilates as it is paid back to themselves - what happens is that the state has [x] money, and owes [y] debt. if they use [x] to pay back [y], then the money in the country is [z], thus, the equation is [x] - [y] = [z]. this is typical in banking and economics, you could say.
So, if [z] is less than [x] because of [y], why is [y] factored in, if nobody owes anybody anything? they are lending money from themselves to pay themselves back and ending up with less money, just because of some sense of paranoia. this paranoia is that their money will be worthless if it is generated so easily, but, the money remains with the state until it enters the banking or private sector, yes? this means, if they keep all the money, they can afford to buy, build or upgrade anything they want to by generating money for the people to benefit from. all that is needed is justification and balance.
This money is not owed to the people, as, they do not lend from the federal reserve. the closest thing to the people owning the money in the federal reserve is the banks owing the federal reserve money, yes?
So, the national debt should be wiped clean! this will mean the money no longer annihilates as it is paid back to themselves - what happens is that the state has [x] money, and owes [y] debt. if they use [x] to pay back [y], then the money in the country is [z], thus, the equation is [x] - [y] = [z]. this is typical in banking and economics, you could say.
So, if [z] is less than [x] because of [y], why is [y] factored in, if nobody owes anybody anything? they are lending money from themselves to pay themselves back and ending up with less money, just because of some sense of paranoia. this paranoia is that their money will be worthless if it is generated so easily, but, the money remains with the state until it enters the banking or private sector, yes? this means, if they keep all the money, they can afford to buy, build or upgrade anything they want to by generating money for the people to benefit from. all that is needed is justification and balance.