How the US Govt Illegally Monetizes Debt FU 87
Financial Underdogs
English - April 02, 2021 02:50 - 16 minutes - 30.3 MB - ★★★★★ - 31 ratingsInvesting Business Entrepreneurship financialunderdog investment Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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Ever wondered where all the "Money" comes from? Something called Monetizing Debt, where the US Govt issues treasuries (an IOU) but can't sell them direct to the FED so they sell them to Primary Dealers (the big banks) who then immediately sell to the FED.
A few billion in fees and wa'la money is magically created for new US Spending.
This is criminal and corrupt and because it's kept quiet without media the masses focus on stimi checks and new roads.
Wake up America, our future is being stolen.