Thread 519282062

How did Trump shave $18T off of US Intragovernmental Debt?

Art of the Sneed

The only thing I know is that nobody at all ever would have cooked the books.

DOGE

<<<<---also the full tally for interest paid by US Taxpayers this fiscal year to borrow our own currency from the bankrupt Fed
$1.2 T paid in interest
We cannot have unearned income at the expense of earned income. This is not a plan for success.

>>519283775
Default. Easy.

>>519283775
>We cannot have unearned income at the expense of earned income.
lol

all of these treasuries bought and sold
lots and lots of transaction fees for the NYFed
if the US treasury market is so liquid and deep why is the NYFed bankrupt ($143 B itself in the hole?

lol
have the most unproductive and immoral class earn the most

>>519283975
no, they will just get paid in Treasury-issued US Notes instead, after we nationalize the Fed

kek this image is 2024

Was this shaved off?

some background for new anons:

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 my next post
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

>>519287275
>and the creation of these Public Issues is detailed in the text in my next post

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

p.s. 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.

1 min page four

Intragovernmental Debt

<<<---lol

>>519282062 (OP)
Modern Accounting tricks like calling unmined precious metal "Underground Open Interest"

to get an idea of the numbers

>>519290894
>metals
a strong currency always has many forms, never just one

>>519291508
The currency is cancer.
There are many options now that function better than Federal Reserve Debt Notes.
Such an awkward time to be the government and FED. They keep lying and they know we know.

>>519282062 (OP)
Did he though?

>>519291725
'fiat' currency isn't the problem
WHO IS ISSUING the 'fiat' IS THE PROBLEM and that the Fed's private fiat IS INTEREST-BEARING is the fucking problem

FIAT, CREDIT-BASED INTEREST-FREE US NOTES ISSUED BY THE US TREASURY WORK FOR THE PEOPLE AND ARE INTENDED TO BE AN INTEREST-FREE TOOL TO FACILITATE COMMERCE

FIAT, DEBT-BASED, USURIOUS, INTEREST-BEARING FEDERAL RESERVE NOTES ARE FUCKING BORROWED FROM THE PRIVATELY-INCORPORATED NY FEDERAL RESERVE FRANCHISE AND ONLY ENRICH THE NYFED’S PRIMARY DEALERS AND THEIR CRONY/POLITICAL ILK AND ENSLAVE THE POPULATION IN BOND DEBT

Fiat is given value BY A NATION'S CITIZENS.
If the nation's treasury is the one issuing it, fiat is not a problem.

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

>>519292510
The entire concept of FIAT is the problem though.
Even if the FED issued fiat on behalf of the treasury before 1971, there was stability as it was backed by gold.

Now it's backed by the gov queefs & chiefs. Kissinger was a real jackass backing the $ in oil. He knew this would lead to middle east conflict somehow. It may not be clear at the time but if you say "That kid has your ball" on the playground, you know there will be a fight that has 80% probability benefiting you if not for entertainment alone.

Metals and quantum computing secure crypto with a max cap and inflation lower than population growth matter despite anyone's personal opinion.

Fiat is just a function of what people want. Lesson best learned is to get out of the way. Set it fair and open. The keynesian model of spent out of problems , well everything is panic mode and problematic . see this stat we made up because the money is made up.

>>519293542
>backing the Federal Reserve Note* with oil
ftfy the dollar is a unit
the dollar will always exist, fucking long after the Fed is gone
fiat is a citizen's tool for quantification of goods and services
it is the citizens' agreement on value
it puts the pricing power directly in the hands of the people, this is why the broke Fed seeks to eliminate only cash
once a currency is used AS AN INVESTMENT it is no longer as a currency

>>519294079
>once a currency is used AS AN INVESTMENT it is no longer useful* as a currency
stability gives a currency its value, not volatility kek

>>519294079
They're coin clippers now in charge anon.
You should rethink or restate your point.

Why wouldn't or shouldn't a wealthy church issue their own crypto now?

>>519283775
The fed has to remit any earned interest to the Treasury. They don't right now, and won't for a while due to being functionally insolvent from absorbing all the worthless MBS debt back in 2008 and the additional QE rounds. They were made to do that by Congress and the president.

>>519294494
did i bring up religion?
can we get through one Federal Reserve thread without bringing up religion?
the thread is about
>where did $18 TRILLION in unfunded liabilities
maybe b/c they changed eliminated benefits later in the future?
$18,000,000 million
$18,000,000,000,000
$18 thousand billion
this is a lot of money owed out
what was cut out?

>>519294737
>They were made to do that by Congress and the president.
this is fair

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

boomers just spent decades crying about the planet and now want the most expensive infrastructure, energy intensive, water-using, elitist possible currency: debt-backed stablecoins

>>519294954
lol I don't care . I'm moving on from "what did they do to the scam , its not fair" to ending the FED personally. If the ants don't return to the colony, there is no queen.

<<<-- :)

US Gold Notes and US Silver Notes are interest-free, metals-backed, NON-fiat notes that could be issued by the US Treasury TODAY.
US Notes are interest-free, fiat notes that could be issued by the US Treasury TODAY, they can also be metals-backed and were intended to be used as a tool for the citizens to trade.
Federal Reserve Notes are DEBT-BASED, fiat notes issued out of thin air by the privately-incorporated, now-BANKRUPT Federal Reserve 12 regional franchises and are currently bankrupting the US Treasury.

All of the above are ALL DENOMINATED IN US DOLLARS (aka $US), which is a fucking UNIT.

And secondly, 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)
2 Intragovernmental Debt GAS securities (aka ‘Unfunded Liabilities’) that are created/issued for currency to run public agencies (over $152 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

The unproductive, parasitic class spear-headed by the NYFed are debauching our national currency by USING MONEY TO REPLACE ACTUAL SUCCESS.

>>519294954
Money is the intersection of Politics, Religion and Mathematics. Get real. Are you posting for AIPAC credits?

Can anyone explain what intragov debt is? Is it debt between govs of nations? Debt between departments of the US gov? Who owns the debt and who is the debt paid to?
The money games they play are so deliberately confusing, like I don't understand what reverse repo is, there is so much obfuscation that it's hard to know where to go after fractional reserve lending of
>banks loan out 9 dollars for every 1 deposited
I hate jews so much it's unreal
Lol capt ha was s0kma

>>519295868
no
money is the quantification of value, nothing more
it an agreement amongst citizens
it is the lifeblood of the economy
it should be issued by the treasury, not borrowed from a bankrupt private banking franchise

pic rel is why we shouldn't have a debt-based private central bank in 1791

US TAXPAYERS ARE THE MAKERS, NOT THE BLOODSUCKING BROKE FED

>>519296529
read the thread

>>519296770
You're defining something by humans for humans. Humans are religious, world population proves your secular opinion invalid.

If it doesn't benefit humans, it's a problem.
White birth rates are oppressed by bad money policy and taxation for the benefit of dole seekers

>>519297163
the Fed will be dissolved
it is inevitable
the Fed will fall on its own sword

debt-based central banks are going to become a thing of the past
currency issued in the form of debt, as we have today, is doomed to fail (as it is now)
once a currency is used as an investment, it is no longer useful as a currency
the treasury market globally will become meaningless
nations will begin to use their own debt-free sovereign currencies issued by their treasuries
the Fed will eventually be dissolved
the US Treasury will issue debt-free US Notes again

Currency backed by labor (productivity and services) makes a nation strong
Currency backed by debt makes a nation slaves

<<<--JPM just fucked citizens, desperate immigrants and boomer investors all in one FRAUD!

JPM robbing illegal immigrants in the US with super high rate Tricolor loans, while also undercutting American citizens' ability to purchase cars.
JPM and Barclays using ITIN numbers to fleece desperate immigrants.
Then these two NYFed primary dealers are about to fleece investors out of billions, too, b/c they also sold these ridiculous subprime car loans as ABSs (asset-backed securities) kek.
https://www.livemint.com/companies/company-results/jpmorgan-fifth-third-among-banks-facing-losses-tied-to-tricolor-11757470534768.html


>enabling illegal immigration
>NYFed primary dealers
>new Dallas/Texas financial exchange and its 'value chain'
>increased rates for auto loans
>increased car prices
>US fucking government working directly to undermine the American middle class (of every fucking color, too)

the people already have the power to stop any tyranny by SIMPLY USING CASH AND LEAVING YOUR PHONE AT HOME sometimes
these two simple things destroy any surveillance plans
you already have the fucking power
it is YOU that chooses to continue using the grid to your own detriment
you already have the power right now
you have agency still
they just need your consent to implement it wholly, then having agency won't even matter

the current tech trend is for citizens to not hold or own information or organize it or remember it
they also do not store it on their own computers, but in a foreign cloud that tracks all changes in real time
they only have instantaneous ACCESS to information
people are not being conditioned to retain info or organize it for themselves

tptb are now waiting for anyone with a high amount of intellect and knowledge to die off, then they will just be left with the malleable, dumbed-down 'instantaneous access' population that can't put two and two together

USE FUCKING CASH AS MUCH AS POSSIBLE NO MATTER WHAT COUNTRY YOU ARE IN
NEVER USE YOUR PHONE TO PAY

A NATION'S FIAT IS THE POWER OF THE PEOPLE IN THEIR OWN FUCKING HANDS
and this is why the Fed seeks to even abolish paper Federal Reserve Notes, b/c fiat paper mostly SERVES THE FUCKING CITIZEN

fiat is the common national bond and cooperation of the value of one's labor
if this fiat is issued by a private, debt-based central bank, then only the central bank profits from the labor of the citizens, not the treasury or the citizens

>>519297395
>JPM robbing illegal immigrants in the US with super high rate Tricolor loans
<<<---holy fuck
how are these fucking criminals still in charge?
and don't forget JPM is the ACCOUNT VALIDATOR for the US govt, appointed by Yellen in 2023
jfc

>>519297336
Debt based money is immoral.
John Maynard Keynes was an immoral man. A marxist homosexual pedophile invented our monetary theory. Here we are. Debt slaves.

The now-bankrupt Federal Reserve franchise collateralizes their worthless Federal Reserve Notes with US treasuries (aka securities).
The 12 Fed franchises are now bankrupt and don't have enough collateral to request more fiat. It is being suggested now to take regional Fed shareholder capital or even regional Fed owner’s assets to back their worthless Federal Reserve Notes under Section 2 of the Federal Reserve Act.

Every uncollateralized Federal Reserve Note being issued today is a lien on the assets (and shareholder capital) of the now-bankrupt NYFed's owners, including its largest owner, JPM.
How is JPM making record profits when the NYFed's private franchise ITSELF is ~$130B in the hole?
Why is JPM still being paid dividends when the NYFed is insolvent?

When money replaces actual success, only the sleazy will be rich.

lol

Out of the $134 T of Intragovernmental Debt tally in OP, $100T is medicare, soc sec, disability

>>519288413
updated image

>>519282357
Spbp as an accountant I know that everyone always does their book correctly and as organized as possible with no shady shit ever

>>519301859
<<<---and this is a lie
only $7T of the $134 T is marketable intragovernemntal debt
the other $127T non-marketable Intragovernemntal debt is still debt owed out to citizens, based upon what has been taken in (mostly) in payroll taxes such as soc sec tax, unemployment, medicare
they purposefully confuse citizens with this misdirection and minimize what is really owed out

>>519302173
the Fed does NOT go by GAAP, like the rest of us do

>>519302837
>the Fed does NOT go by GAAP
pic rel

maybe AI is suggesting to cut Intragovernmental Debt

A recent thread:
<<<<——-https://archive.4plebs.org/pol/thread/504503488/
The now-bankrupt Federal Reserve is building a $2.5 B complex in Washington DC and funding it with borrowed US taxpayer money. The Fed is fucking broke and putting Italian beehives in its extravagant rooftop gardens and building private elevators to VIP dining rooms, yet bloviating about the importance of citizens being able to communicate in a republic. lol

To add to the elitism and absurdity, Elon Musk, with his toothless, empty threats on his way out the door of DOGE, glibly stated, “someone should look into the Fed.”
Really? Is that it? What an absolute fucking joke.

It is fucking amazing that Trump’s economic advisor (Miran) wants to now indebt the US with 100 year TOKENIZED bonds, so we can be skimmed for another fucking century by these insolvent frauds.

https://nypost.com/2025/04/27/business/federal-reserve-blows-2-5b-on-palace-of-versailles-hq/
https://archive.is/fpJ4J

This project DWARFED all other government building projects ever. And the real kicker is the broke-ass Fed is BORROWING this money from taxpayers for the project.

And note: Powell just got caught lying to Congress about this and revealed during the hearing that IT IS NOW $3.1 BILLION
Wtf

>>519303943
<<<---And note: Powell just got caught lying to Congress about this and revealed during the hearing that IT IS NOW $3.1 BILLION
Wtf