king 11,972 Posted November 7, 2019 Report Share Posted November 7, 2019 Just reading wilfs post about UK debt. This is America's growing debt. The question I have is who is the debt owed to. Who has 23 trillion to lend America? https://www.usdebtclock.org Quote Link to post Share on other sites
Chid 6,519 Posted November 7, 2019 Report Share Posted November 7, 2019 The Jews 3 Quote Link to post Share on other sites
delswal 3,819 Posted November 7, 2019 Report Share Posted November 7, 2019 Most of Americas debt is owed to its self internal agencies ect Quote Link to post Share on other sites
Born Hunter 17,763 Posted November 7, 2019 Report Share Posted November 7, 2019 Government bonds right? Essentially a promise from the government to pay the bearer of the bond the amount it was bought for plus a set amount of interest by a set date in the future. If the government has it's own central bank and control of the currency the bonds are value in then push come to shove they can just print money and pay off all the bonds instantly. That would ruin the system though. Well that's my understanding. 1 Quote Link to post Share on other sites
Neobliviscaris1776 1,998 Posted November 7, 2019 Report Share Posted November 7, 2019 Today debt is profit. Quote Link to post Share on other sites
mushroom 12,903 Posted November 7, 2019 Report Share Posted November 7, 2019 22 minutes ago, Born Hunter said: Government bonds right? Essentially a promise from the government to pay the bearer of the bond the amount it was bought for plus a set amount of interest by a set date in the future. If the government has it's own central bank and control of the currency the bonds are value in then push come to shove they can just print money and pay off all the bonds instantly. That would ruin the system though. Well that's my understanding. That and loans from central and private banks, other countries, investment losses etc and infinitum. 1 Quote Link to post Share on other sites
MickC 1,825 Posted November 7, 2019 Report Share Posted November 7, 2019 (edited) 2 hours ago, Chid said: The Jews Nail on head. The Federal Reserve is a private concern and nothing to do with the United States Treasury. President Wilson signed it over in 1913 and regretted it to his dying day when he realised what he had done.Basically money is printed off at cost then gave back to the Treasury for face value with interest on top or something like that. It is an absolute racket tbh.This act was unchallenged until 1963 when Kennedys last act before his murder was to issue Executive Order 11110 and took the making of money back from a private concern and placed it back into the hands of the Treasury which made the money both interest and debt free. Lindenburg Johnsons first act as the replacement President after Kennedy was killed was to repeal the Executive Order 11110 and give the power back to the Federal Reserve. Every President since has had the power to repeal it but not one of them have . http://usuryfree.blogspot.com/2012/01/john-f-kennedy-vs-federal-reserve.html Edited November 7, 2019 by MickC 6 Quote Link to post Share on other sites
king 11,972 Posted November 7, 2019 Author Report Share Posted November 7, 2019 So basically America owes money to itself ? Quote Link to post Share on other sites
MickC 1,825 Posted November 7, 2019 Report Share Posted November 7, 2019 (edited) 2 minutes ago, king said: So basically America owes money to itself ? No, America allows a private concern to print off its money instead of its own Treasury printing off its money which would then be both interest and debt free. The link I posted explains it better. hth Edited November 7, 2019 by MickC Quote Link to post Share on other sites
king 11,972 Posted November 7, 2019 Author Report Share Posted November 7, 2019 It's some set up that mickc. So if Kennedy's executive order held strong there wouldn't be debt. Quote Link to post Share on other sites
MickC 1,825 Posted November 7, 2019 Report Share Posted November 7, 2019 (edited) 11 minutes ago, king said: It's some set up that mickc. So if Kennedy's executive order held strong there wouldn't be debt. Basically the Federal Reserve Bank loans money to the United States Federal Government with interest on top of it !!! When the Treasury was allowed to make its own money when Kennedy repealed it there was no interest on it and so the money they made was debt free.There not called Banksters for nothing unfortunately. Edited November 7, 2019 by MickC 1 Quote Link to post Share on other sites
mushroom 12,903 Posted November 7, 2019 Report Share Posted November 7, 2019 The US$ is the world currency..... Imagine for a second how much they are making, as Mick said a private concern. It's billions every day! Still it's all fugazi because the money has no value. It only has the value you/we place on it. Before, that could be measured in a countries actual wealth (gold reserves, precious minerals, exports, trade etc) 4 Quote Link to post Share on other sites
DIDO.1 22,693 Posted November 8, 2019 Report Share Posted November 8, 2019 Don't fck your heads thinking about it. Just keep buying yourself guns and gold coins and burying them in the garden. 1 1 Quote Link to post Share on other sites
WILF 46,782 Posted November 8, 2019 Report Share Posted November 8, 2019 (edited) 11 hours ago, king said: So basically America owes money to itself ? If you think all that’s a head f**k, watch a documentary called “Inside Job” about the crash of 2008.......it will blow your mind. Maybe dont.......because you will wind up a cynical, dont believe in any of it git like me. When you realise how governments and financial institution are in collusion and absolutely playing with peoples lives, exploiting them and basically treating them as cattle to be milked of cash it’s an eye opener. They even own the education system so “their” way of doing politics and corporate business is programmed into students. Major Organised crime looks like a corner shop shop lifter compared to these people and it’s all made legal with laws bought and paid for. Think you matter?.......think your government is concerned about you? Think there’s a good guy or a bad guy when it comes to political parties? Think again......big time. Edited November 8, 2019 by WILF 7 1 Quote Link to post Share on other sites
king 11,972 Posted November 8, 2019 Author Report Share Posted November 8, 2019 1 hour ago, WILF said: If you think all that’s a head f**k, watch a documentary called “Inside Job” about the crash of 2008.......it will blow your mind. Maybe dont.......because you will wind up a cynical, dont believe in any of it git like me. When you realise how governments and financial institution are in collusion and absolutely playing with peoples lives, exploiting them and basically treating them as cattle to be milked of cash it’s an eye opener. They even own the education system so “their” way of doing politics and corporate business is programmed into students. Major Organised crime looks like a corner shop shop lifter compared to these people and it’s all made legal with laws bought and paid for. Think you matter?.......think your government is concerned about you? Think there’s a good guy or a bad guy when it comes to political parties? Think again......big time. I will have a look at that this evening wilf. My cousin bangs on about the rothchilds and tell me stuff about them owning some of the big banks etc. Quote Link to post Share on other sites
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