holy fuck senator warren now defending the Fed on CNBC lol this is fucking rich
https://archive.4plebs.org/pol/thread/505237484/
^^^ A thread about the NYFed and its ilk now trying to convince the boomers to switch from private Federal Reserve-issued, debt-based Federal Reserve Notes to privately-issued, debt-backed stablecoin tokens. This is going to be priceless to watch. Neither of these currency options benefit the citizens, they only benefit the private issuer. Will boomers sell out once again to the banks to save themselves from a failing system that they created? One last fuck you to the country as they insulate themselves in their private tokens?
And in the next orchestrated crisis, are the boomers’ new asset tokens to become worthless, as the payment platform is the ultimate claimant to any reserve assets in a crisis or bankruptcy?
When is the currency going to be restored to the people? Don't US taxpayers have a right to a debt-free currency issued by their own treasury?
Pic related was just passed.
This is just entitled boomer classists driving the fucking country into the ground for money (mostly from the now-bankrupt NYFed's QE policies) and now destroying the US taxpayer's currency (the fucking US$, which is A FUCKING UNIT) on the world stage with the Fed’s issued-into-oblivion, worthless Federal Reserve Note.
How fraudulent do you have to be that you can actually destroy a fucking unit of measurement? lol holy fuck
the legislative volley between boomers and billionaires that leaves everyone out:
NYFed owners say they need more taxes from social security/medicare payments to pay them interest
boomers say big bank fleecing of the country is fine as long as they're getting social security
and they both continue to make laws to protect their positions, so now, effectively all wealth is going to the old and dying