Where is the trillions coming from for payments and bailouts when our nation is essentially bankrupt?

At the end of WW2 this is how it looked.

Total credit market debt = 363,614,000,000

364 Billion Dollars

Total credit market debt is the money supply

It's all the money the population has requested commercial banks to create or issue.

The public debt = 258,682,000,000

259 Billion Dollars

It's the money the US Government has borrowed from the money supply by issuing bonds.

In 1945 the US government had borrowed 259 Billion dollars of the 364 Billion dollar money supply.

259/364 = 0.71

So the US Government had borrowed 71% of the money supply by the end of WW2.

Current situation?

Total credit market debt = 77,283,520,000,000

77.2 Trillion Dollars.

It's all the money the population has requested commercial banks to create or issue.

The public debt = 25,162,474,000,000

25.1 Trillion Dollars

25.1/77.2 = 0.32

Meaning that the US Government has borrowed 32% of the money supply.

The US Government could borrow another 25 Trillion dollars and still be less in debt than they were following WW2.

The USA is not close to bankruptcy.

Of course online you all seem to get suckered by promoters of this disinformation.

The last gasp of our Republic.
Demonrats only want to destroy it to usher in the NWO.

Labor should reward the producers
Taxing the producers is just one of the totally evil aspects of capitalism. ALL taxation should be derived FROM PROFIT AND CAPITAL GAINS, not paychecks for services rendered.

They're talking about another $2000 stimulus to each American next month, including all illegals this time.

Lol.

If this isn't a push for a UBI, I don't know what is.

"New normal".

I don't think they are prolonging the system I think they are using Covid19 to bring the current system down so they can bring in a new system. The only thing I'm concerned about is the new system going to be fairer for the working class.

How much debt are other nations carrying?

Key strokes, it’s just key stroke 0’s. Even at 25T debt we have an estimated 144T in US assets. Buildings, roads, tunnels, bridges, homes, businesses, ect.

They will keep borrowing, and the Fed, IMF, World Bank will keep lending. And then there’s the most powerful military on Earth when they won’t lend

Federal Reserve is printing directly now, most likely.

Check out grocery prices, now rising at 30% annualized rate, highest in 46 years.

[link to godlike.com (secure)]

You're about to see enormous inflation in stuff people need,
beyond anything anyone in the US has ever seen before.

From the pensions, 401k and superannuation of those living with their land and property and banked savings held as collateral/bail ins and from the pensions, 401k and superannuation funds from those yet unborn with no inheritance for them.

When a wheel barrow of cash is needed to buy the everyday things, people will take the more convenient debt digital currency(credits), and so their privacy, personal information and intellectual property will also be held as collateral. Information is power.....:vlwc:

Hitler did a very interesting thing that I find extremely attractive. What he did is make each laborer a profit sharer and co owner of the company they worked for. He also criminalize usury. It's no wonder he scared the fuck out of the tribe.

Um, I can almost promise you it won't.

They will use this to strip every bit of rights you have.

I read a story today where two cops chased down, tackled and arrested to guys for shaking hands in the fucking park man.

Get used to the new normal.

My grocery bill has gone up $70 a month already.

Only a matter of time before people start shooting back now

Yep. Few see it but the experiment is over

Yep, and 120 Trillion of it is owned by the working blue and white middle class. Real property and equity.
Yep

And thats what their after

That's just it.

I'm afraid that's what they want, what they're waiting for.

They keep pushing and pushing.

Just extended lock down in L.A. for THREE more months man.

Just got off the phone with my father in law out there man, and they aren't having it.

This is a slow fuse, but its burning.

WW2 is an extremely anomalous data point. It was preceded
by huge deflation from the Great Depression which offset
some initial inflation, 1940 to 1946 actually had 50+%
inflation and the economy had massive price controls,
some things were outright banned.

Get ready for a surprise.

.

Cops dont have to enforce unconstitutional laws or behave in a criminal manner, but if they do they're just another armed and dangerous criminal IMO.

Thin air

Trump is borrowing the money and massively adding to the nation's debt.

He is a staunch democrat man, california liberal, wears a white guilt bracelet and he is turning on Gavin Newsome.

We've never gotten along now I hear him stating the same points I used to state to him!

They've had enough.

Have you ever raised the same question (or at least a similar one) over military spending?

If you could print your way to wealth, security and a high life style Zimbabwe would be the richest nation in the world. And don't think they are unaware of the disaster they are going to cause.
Problem/Reaction/Solution this time will leave you all serfs scratching for a bowl of bat soup and a stale crust of bread for a long day's toil. Just like those paupers you might see in a medieval story book.
The chosen will sit like kings and eat the good stuff.
Find a hard money candidate and support him or her, that's all you can do.

Here is your answer [link to i.4cdn.org (secure)]

perhaps from giving fines to ppl for no wearing masks and not social distancing....

Earlier up the thread someone said, "it's all they can do."

Not so- they could cut the Empire, cut the freebies, run off the illegals, put the country back to work and pay them in hard currency, raise interest rates, remove the FED and have congress issue such currency as is required to provide trade and a GNP.
Do we need bases in most every country around the world?
60,000 troops in Germany and So Korea?

We need hardened electrical grid, repaired bridges, flood control projects and roads. Not more war.

that's how he fixed Germany in five years.

.

How about this.

The same system in operation in the USA is the same system in operation globally.

99% of what you utilize as money in the USA exists as electromagnetic polarity differentials on hard disk platters.

Most of what you utilize as money is in fact credit or debt.

You all globally use previously created debt or an asset inflated in price by previously created debt as collateral backing your request of a commercial bank to create new debt.

It's been like this since before anyone alive was born.

The entire history of the USA and world has been financed into existence this way.

That's just wizardry. To make it simple, the reality is:


The USA was worth more then or had a higher GDP.

Now the gold is gone, the infrastructure falling apart, etc.

Not so much good faith in the USA from the world.


Total expenditure US gov 2019 - 4.5 trillion

Total revenue US gov 2019 - 3.5 trillion

So even before the "Covid thing" there is a massive deficit annualy.

Now the USA is seeking to borrow 3 trillion next quarter.


The harlot that is mystery Babylon has been entreating her lovers like is written in the bible, now they turn on her.

Like we weren't in trouble before Trump got here already being trillions in debt?

I dont care where it's coming from. At least we're part of it and getting some of the cut this time.