InvestorsHub Logo
Followers 63
Posts 3377
Boards Moderated 2
Alias Born 03/20/2019

Re: BottomBounce post# 34580

Tuesday, 06/15/2021 7:46:11 AM

Tuesday, June 15, 2021 7:46:11 AM

Post# of 36538
Doesn't have anything to do with democrats or republicans.

It is bigger than that.

This is the way that the economic system works and it has worked this way since 1913.

Since 1913 all of our currency is debt and it is all borrowed into existence. We always have to go further in debt to create the currency needed to cover previous principal and interest.

In 1913 the US government borrowed the first federal reserve note into existence. We had to pay interest on that dollar back to the bank. But the only dollar that existed was the one borrowed. Where does the money come from to pay the interest? If only one dollar exists and we have to pay 2 back, where does the second dollar come from?

We have to BORROW it into existence.

THAT is why we always have to borrow more money. THAT is why we are always going further in debt.

The government is at the mercy of the economic system. It does not matter who is in power. Dems, Republicans, doesn't matter.

The horrible thing is that they are using all this money they need to create to keep the system going to suppress the price of silver.



“If people understood how the economic system works, there’d be a revolution in a minute.”
— Henry Ford