Thread 518906335

Our Intragovernmental Debt has been cut by ~$18T over the last fiscal year from $152 T to $134 T. Is this due to Trump's cutting of waste, incoming tariff revenues, elimination of useless government programs and departments?
Is it because people died during Covid?
Where did that $20T in unfunded liability obligations go? Was it also cut Medicaid/Medicare for illegal immigrants?
Did Trump actually eliminate $18T in waste?
And why is no one pointing this out on the right?

see red arrow in picrel
https://treasurydirect.gov/files/government/public-debt-reports/pd/pd_debtposactrpt_202509.pdf

This news is highly antisemitic, I'm calling the ADL! That number is supposed to increase over time without fail!

>>518906335 (OP)
>>518906335 (OP)
Wow 5 months worth! And the other 130T?

>>518907270
they are also known as 'unfunded liabilities' (what is owed out, based upon what was taken in)
most of it is medicare/medicaid and social security
(about $100T of the $134T is medicare and soc sec right now)

>>518907270
>5 months worth!
?
fiscal year 2025 runs from oct 1 2024 to sept 30 2025
it is 12 months
note at the top of OP image it says
>as of sept 30 2025

>>518907772
And the other 134 Trillion?

>>518907828
are you drunk?

>>518908083
You're trying to fill a bottomless hole.

>>518908111
that doesn't even include marketable debt of $30T (far left column of OP pic), which includes $7T of 'secondary market-saleable' Intragovernmental Debt
AND
the fucking NYFed-held debt of about $6.2 T isn't EVEN ON THIS FUCKING TABLE or included in either number
pic rel

>>518908111
>bottomless hole.
it obviously isn't bottomless since we just effortlessly cut ~$18T off of our bills

Did the elimination of USAID save us money?

>>518906335 (OP)
The debt is just a record of money the government has spent into the economy that it has not removed through taxation.

As government creates money, meaning it is an origin point for money, it must spend money before anyone else can have it. Spending necessarily precedes income.

>>518909661
>government creates money
the government doesn't create money, the Fed Board of Gov's does (out of thin air) for its NYFed primary dealers to buy government debt

>>518910175
i love your threads dude. one of the last good posters here.

>>518910175
No. The government creates money when it appropriates spending. The act of spending right then and there creates new bank reserves.

>>518910351
we are all in this together
use cash
barter
stack
use cold wallets
use credit unions

pic rel:
the DOJ just seized $15B in crypto today, this can go into Trump's strategic crypto reserve from seized coins

https://www.youtube.com/watch?v=pex89N9Oqog
https://www.youtube.com/watch?v=je-1eTl6J0g
https://www.youtube.com/watch?v=QjgQwkfK8MQ
https://www.youtube.com/watch?v=W598F2-4SR4
https://www.youtube.com/watch?v=DxpRUuXfgmg
https://www.youtube.com/watch?v=QuUx3IL0a-0
https://www.youtube.com/watch?v=umqm0SbGO-Q
https://www.youtube.com/watch?v=70xIM45kFK8
https://www.youtube.com/watch?v=c4sD-JDVwwQ

>>518910985
>government creates money when it appropriates spending
that money is created by the Fed, which is then given to the government in exchange for its bonds in auctions
the government thus has new money from Fed banks and the fed member/owner private banks have bonds to sell
there are four ways currency is created in the US
the way outlined above is only one way

there are FOUR ways currency is created in the US:
1 Congressionally-approved Public Issues treasuries for deficit spending via the issuance of marketable US treasuries sold by the NYFed’s primary dealers aka Debt Held by the Public (now ~$37 T, including Fed-held debt)
2 Intragovernmental Debt GAS securities (aka ‘Unfunded Liabilities’) that are created/issued for currency to run public agencies (over $134 T now) and ARE PURCHASED WITH YOUR PAYROLL TAXES
3 The commercial tier 2 depository banking sector, it makes small loans in which only the interest remains in the banking system after the loan is paid back (the principal and repayments are destroyed when the loan is repaid) —this can remain when the Fed is dissolved
4 QE, this is fucking counterfeiting by the now-insolvent NYFed's primary dealers since 2008 via IOER (now called IORB) and we pay all sorts of interest on this, increasing every day with raising rates

#fucking2 above is the one I'm bitching about ITT's OP

The Fed Reserve’s Board of Governors are nominated by the President and confirmed by the Senate. The Fed’s Board of Governors is a neutered and ineffective regulatory body, and under regulatory capture by the NYFed.
The 12 Federal Reserve Regional branches are the public franchisors, public franchisors which sell private franchisee stock to private banks in their region.
The private banks buy stock in their regional Fed franchise, private stock which earns dividends of 6% annually.
The NYFed is the largest and most powerful regional Federal Reserve branch franchise. It conducts all trading for the Federal Reserve and is custodian for its assets. Its biggest shareholders are the private big banks, aka the primary dealers, that issue our currency in the form of bond debt, who are the market makers for these US treasuries and since 2008 have been using those treasuries and QE to counterfeit our currency.
The Fed likes to confuse the publicly-appointed Fed Board of Governors with the privately-incorporated shareholders of the 12 regional Fed franchises, so people don’t realize we are paying private banks to borrow our own currency at interest.
Pic related

The Federal Reserve Act of 1913 says it will back each $1 Federal Reserve Note in circulation with forty cents of gold.
They don't do this.
The Federal Reserve Act of 1913 says that bankers are to be held personally responsible if they fail.
They are not.
The Federal Reserve Act of 1913 says if a Fed bank is insolvent, it is to become the property of the US.
It doesn’t.
The Federal Reserve Act of 1913 says that insolvent Fed banks shall forfeit their shares in their Regional Fed.
They don’t.
The Federal Reserve Act of 1913 says that it will use its profits to supplement the gold reserve and pay down any US debt.
It definitely doesn’t do this. LOL PIC RELATED
The Federal Reserve has 3 mandates —people now only talk about the dual mandates, which are stable prices and low unemployment—the third mandate is to keep long term interest rates constant.
They don't do this.
The Federal Reserve Act of 1913 says that the Fed will maintain parity of all forms of legal money issued by the US and strengthen the gold reserve.
They don’t do this.
The Federal Reserve Act of 1913 says the Fed Board will audit Fed banks at will.
They don’t do this.
The Federal Reserve Act of 1913 says its by-laws are not to violate US law.
They do.
The Federal Reserve Act of 1913 says that Fed banks cannot discount stocks or commercial paper.
They do.
The Federal Reserve Act of 1913 says each Fed bank will maintain a surplus fund from its profits, up to 40% of its paid-in capital stock.
They don’t do this.
The Federal Reserve Act of 1913 says the Fed Board will supervise Fed banks.
They don’t.
The Federal Reserve Act of 1913 says Fed banks will publish complete details weekly of their assets and liabilities, as well as the nature of their transactions.
They don’t do this.
The Federal Reserve Act of 1913 says the Fed is required to write off worthless assets on its books.
It doesn’t do this.

and

>>518911861
and

The Federal Reserve Act of 1913 says it is to have reserves in gold equal to 35% of its deposits.
It doesn’t do this.
The Federal Reserve Act of 1913 says it will maintain a gold account at the Treasury.
It doesn’t do this.
The Federal Reserve Act of 1913 says the Fed’s franchise will be forfeited if they violate law.
It is not.
The Federal Reserve Act of 1913 says that Federal Reserve Notes will be redeemed for gold.
They’re not.
The Federal Reserve Act of 1913 says Fed bank owners will be held responsible for all regional Fed bank operating expenses, debts and contracts.
They aren’t.
The Federal Reserve Act of 1913 says Fed member banks will not repurchase US treasuries that have maturities greater than six months from their date of purchase.
They do.
The Federal Reserve Act of 1913 says US Treasury yields are to be paid in tax-free gold.
They aren’t.

Gold is mentioned 53 times and on 11/25 pages. The word gold is littered throughout the Federal Reserve Act of 1913, basing one promise after another on GOLD. It was the ONLY reason the legislation passed.

The Federal Reserve Act of 1913 says the Federal Reserve will not pay any income tax, its shareholders will receive a 6% dividend or the yield on a US 10-year treasury (whichever is lower) and also to have all their travel expenses paid.
They did manage to uphold these parts of the Federal Reserve Act of 1913.

Why do we have a Federal Reserve again?

A thread for the above:
https://archive.4plebs.org/pol/thread/378535945/#q378535945

>>518911521
The reason why "unfunded liabilities" are funded with your payroll taxes is because Social Security is part of the "unfunded liabilities".

In operational reality there is no actual necessity to do this because the government can always create as much as it wants and give it to someone. They can ALWAYS do this. There is nothing that anyone at the Fed, the Treasury, or any bondholder can do about it. The government can ALWAYS create as much money as it wants and give it to someone.

The reason why they use payroll taxes to fund social security (even though they don't need to) is because Roosevelt himself made a strategic choice to make sure that every American was "paying into" SS, so that conservatives could not come back later and try to take it away (like they are always trying to do with their made up insolvency nonsense).

The entire social security program could be treated like Bush 43's Medicare Part C prescription drug plan, which if you read the reports the SSA puts out (you should) is always "funded for the foreseeable future" because it is funded from "general revenue" (aka they just print it up).

>>518911952
And don't take my word for it. You can hear it from the man himself (who definitely would prefer that this was NOT the case)

https://www.youtube.com/watch?v=DNCZHAQnfGU

>>518911315
kek
<<<--here is the Fed talking about the Fed talking about how the Fed itself doesn't even know what the Fed is

>>518912313
What the Fed mostly does is operate in support of its interest rate target -- which obviously it can set at whatever rate it wants because it is a monopoly operation. If someone wanted to roll the Fed functions into the Treasury, it's whatever.

At the end of the day, paying interest on bonds is a policy choice. It's something they CHOOSE to do. There is no natural law or law of accounting that requires this. But by the same token, they can always afford to pay the interest because it is denominated in the same currency they manufacture.

>>518906335 (OP)
That's cool and all, but when does stuff become cheaper?

>>518911952
'unfunded liabilities' simply means a running tally of what is owed out (held in treasuries, kept as a 'savings' account for the said government department and redeemed when necessary) based upon what was paid in

payroll taxes also include medicare and unemployment
not all intragovernmental debt earns interest, either
your understanding isn't even rudimentary, i am afraid

>because the government can always create as much as it wants and give it to someone.
it still needs to be approved by congress
i'm not sure what your point is, this is how currencies are debauched

paragraph 3 and 4 are irrelevant to me
and this thread is WHERE THE FUCK DID $18T in liabilities go?
not that this decrease isn't good for the citizens but such dramatic decreases need to be explained
so far, you haven't offered ONE reason

>>518912626
>What the Fed mostly does is operate in support of its interest rate target
kek
please save it for someone else, really

<<<----here is an example of what is included in US 'Intragovernemntal Debt' in a typical year

you can also find specifics like in pic rel

>>518912708
it's a start lol

>>518914801
<<<--this refers to the portion of the now $134 T of intragovernmental debt that is marketable in the secondary market

This is the only good thread on /pol/ I have seen in a long time. I really hope it doesn't go ignored.

just going to post some background before i go for new anons:

US taxpayers paid the IRS $562 Billion in interest alone in fiscal year 2021 to borrow the Federal Reserve’s debt-based currency out of thin air in the form of bond debt
$562 billion
($562,000 million)
Pic related

How it is:
>US government needs currency
>US Treasury prints up some bonds
>NY Federal Reserve creates Federal Reserve Notes out of thin air and its primary dealers then buy said bonds from US Government
>US government now has new currency created out of thin air by Fed banks
>Now, US taxpayers owe interest (and principal) on said US bonds, as well as paying a fee AND DIVIDENDS to the NYFed’s shareholders, the primary dealers (the big banks), this is the ‘Public Issues’ portion of the US Public Debt

How it should be:
>Congress makes annual budget
>Tax revenues are collected and any budget shortfall (deficit) is then new debt-free US Notes issued by the US Treasury itself, no bonds needed, no US Public Debt to issue our own currency
Are Americans ever going to realize this fraud?

>when a generation sells the futures of their country and their offspring for unsustainable and lavish wealth and their offspring are too stupid to realize it

(this is #1 in >>518911521)

>>518916601
Wait 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 >>518916601
Pic 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

>>518916683
and this was #2 in >>518911521

>>518909658
Where is AIPAC located?

>>518916724
<<<——$882 Billion in interest paid in fiscal year 2023 (FY 2023) to have the NYFed's primary dealers issue our currency out of thin air in the form of bond debt ($666B interest on $34T of Public Issues plus $216B interest on $123T of Intragovernmental Debt)
$666B lol, can't even make this shit up

>>518916770
US taxpayers paid $1.1 TRILLION IN INTEREST ALONE for FY 2024 to borrow our own currency from the private Federal Reserve. The interest to borrow the Fed's private currency has fucking ~doubled in the last three years. Let that sink in.

>>518916854
and another $trillion interest paid this fiscal year 2025 to borrow our currency from the fucking Fed

The NY Fed's Quantitative Easing (QE) counterfeiting scheme:
NYFed buys treasuries (and MBSs) outright from (only) NYFed primary dealers by creating reserves out of thin air, which seditiously undermines Congress’ sole power to regulate our currency. This is QE.
NY Fed’s primary dealers then take those reserves and earn Interest on Excess Reserves aka IOER (now called IORB) on them at the NYFed, interest which IS PAID IN CASH to the primary dealers--cash, which they DO MAKE INTEREST ON, this is their counterfeiting scheme (also, every penny paid in interest (cash) to the primary dealers for excess reserves also reduces the Fed’s remittance to the US Treasury).
The NYFed used QE to bail themselves out during the financial collapse of 2008 and is how its primary dealers have been effectively counterfeiting our currency ever since.

(this is #4 in >>518911521)

notice on the top half of pic rel the NYFed squeezes out the citizens' currency and pays its ilk IORB and RRP instead, while also buying houses and bonds
it clearly prioritizes enriching its private owner banks over the citizens having a currency
why doesn't trump ever mention this?
b/c fucking trump thinks the Fed is the house
the FUCKING US TAXPAYER IS THE FUCKING HOUSE

ok have to crash, ty 4chan for your free speech
one last post:

Trump and his economic advisor, Miran, are trying to circumvent #2 in pic rel with forwards (futures for treasuries).
They are trying to make it so the US can sell its gold without paying down the debt.

Miran and Trump want for the major debt holders to swap their short term bills and notes for 100-year bonds, they want to indebt Americans for the next century to the Fed (ultimately via debt-backed tokens of these treasuries (aka securities))