>>508916067Wait until US taxpayers figure out that the payroll taxes collected for social security, medicaid and unemployment are then used to purchase specially-issued, non-marketable US treasuries (aka Government Account Series, aka GAS) and THE US TAXPAYER IS THEN CHARGED INTEREST ON THESE GAS TREASURIES BOUGHT WITH THEIR PAYROLL TAXES.
This is called the Intragovernmental Debt and is included in the US Public Debt. The interest that we pay on Intragovernmental Debt is in the left hand column in pic related and the other interest paid to borrow the Federal Reserve’s currency in exchange for US Treasury debt (these are called Public Issues —-aka Debt Held by the Public aka Marketable debt) is in the right hand column of pic related and the creation of these Public Issues is detailed in the text in
>>508916067Pic related is total interest paid on US treasuries for FY 2022 to borrow the Federal Reserve’s private currency in the form of bond debt (Debt Held by the Public + Intragovernmental Debt = US Public Debt)
$718 BILLION in interest paid
$718,000 MILLION in interest paid
$718,000,000,000 in interest paid to issue their Federal Reserve Note out of thin air in the form of bond debt in FY 2022