>Debt is not Money
The Money Deluge
https://www.youtube.com/watch?v=t6m49vNjEGs
97% Owned — How is money created
https://www.youtube.com/watch?v=XcGh1Dex4Yo
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8 results for "f3f1cd898e31c7349bcbf8fc27118f23"
>>515022356
>debt jubilee
That's not the kind of debt we're talking about.
Global debt (bond) market depends on USD denomination, because treasuries. That's it that's all
Everything depends upon *confidence* in the U.S. treasury because that is the global default denomination. That is why the past 3 years of instability (along with one-fourth greater magnitude total global debt than last decade) in the world bond market is so concerning.
(You) aware of what happened in France the past week? Also Britain (two years ago the Bank of England was forced to buy up unsold bonds, take them back onto balance sheet in order to prevent U.K. pensions from complete collapse) And they don't even have the global reserve denomination
Nobody wants to buy the debt.
Recent thread (4plebs is down at the moment, try later)
https://archive.4plebs.org/pol/thread/500310690
>>515022248
>Eddington
Haven't seen it yet.
>debt jubilee
That's not the kind of debt we're talking about.
Global debt (bond) market depends on USD denomination, because treasuries. That's it that's all
Everything depends upon *confidence* in the U.S. treasury because that is the global default denomination. That is why the past 3 years of instability (along with one-fourth greater magnitude total global debt than last decade) in the world bond market is so concerning.
(You) aware of what happened in France the past week? Also Britain (two years ago the Bank of England was forced to buy up unsold bonds, take them back onto balance sheet in order to prevent U.K. pensions from complete collapse) And they don't even have the global reserve denomination
Nobody wants to buy the debt.
Recent thread (4plebs is down at the moment, try later)
https://archive.4plebs.org/pol/thread/500310690
>>515022248
>Eddington
Haven't seen it yet.
>>513809445
>muh 'nation'
(You) do not comprehend what is going on here. At all
this isn't just or solely about the United States <--the nation or its fate
Global debt market is on brink of collapse, re-read **CAREFULLY** post # 513808888
https://archive.4plebs.org/pol/thread/500310690
https://archive.4plebs.org/pol/thread/506316301
(these threads are always like trying to teach people basic arithmetic 1+1 = 2 jfc)
>muh 'nation'
(You) do not comprehend what is going on here. At all
this isn't just or solely about the United States <--the nation or its fate
Global debt market is on brink of collapse, re-read **CAREFULLY** post # 513808888
https://archive.4plebs.org/pol/thread/500310690
https://archive.4plebs.org/pol/thread/506316301
(these threads are always like trying to teach people basic arithmetic 1+1 = 2 jfc)
>>513549426
>MMT brainlet shillbot
Money is created by central banks, monetary policy is the (central banks' primary job of setting interest rates, and) tandem operation of central bank+sovereign treasury issuing debt note fiat currency aka money as debt.
>MMT brainlet shillbot
Money is created by central banks, monetary policy is the (central banks' primary job of setting interest rates, and) tandem operation of central bank+sovereign treasury issuing debt note fiat currency aka money as debt.
>>512698957
>part of the problem
Correct, only a part.
Whenever people (not you) start mentioning 'GDP' as though something, somehow is being "produced" it's time to define debt-to-GDP
Also 40 percent of the west's GDP is government spending / programs / jobs / contractors none of which is actual product and which is also "paid for" using money that doesn't exist/the govs themselves do not have i.e. their sovereign treasury+central bank 'print' that money out of thin air on a computer screen as Debt in order to 'pay for' the so-called 'GDP' that is primarily made up of gov-gravy-train projects/jobs anyway.
It's why most financial and so-called 'economics' news is a hoax
>"look, Look! the GDP went up by ___ %"
>part of the problem
Correct, only a part.
Whenever people (not you) start mentioning 'GDP' as though something, somehow is being "produced" it's time to define debt-to-GDP
Also 40 percent of the west's GDP is government spending / programs / jobs / contractors none of which is actual product and which is also "paid for" using money that doesn't exist/the govs themselves do not have i.e. their sovereign treasury+central bank 'print' that money out of thin air on a computer screen as Debt in order to 'pay for' the so-called 'GDP' that is primarily made up of gov-gravy-train projects/jobs anyway.
It's why most financial and so-called 'economics' news is a hoax
>"look, Look! the GDP went up by ___ %"
yesterday's Debt Chaos thread >>512034547
>>508935209
>>508935310
(there's no "force") The issuance of debt note fiat currency *REQUIRES* that the debt be bought.
Debt has to be bought in a system where the currency denomination(s) are backed by nothing else, but debt.
Bonds need to be sold on the bond market, and someone *has* to buy them. They can't go unsold
https://archive.4plebs.org/pol/thread/500310690
Couple years ago, the Bank of England was forced to put bonds back onto its balance sheet (buy them up) in order to keep U.K. pensions from imploding
>>508935310
(there's no "force") The issuance of debt note fiat currency *REQUIRES* that the debt be bought.
Debt has to be bought in a system where the currency denomination(s) are backed by nothing else, but debt.
Bonds need to be sold on the bond market, and someone *has* to buy them. They can't go unsold
https://archive.4plebs.org/pol/thread/500310690
Couple years ago, the Bank of England was forced to put bonds back onto its balance sheet (buy them up) in order to keep U.K. pensions from imploding
>allow billionaires to privately own and run out entire economy for their own profit
Central banks already do this. Global economy is controlled and planned by central banks that issue all of the world's debt note fiat currency, we citizens are their debt slaves
Sovereign treasuries of all nations that issue the worlds' currency denominations do this on loan from central banks
That is what the debt (bond) market is, every note of debt note fiat currency "printed" into existence requires an equal *bond* be issued and sold by that nation's treasury.
Bonds have to be sold
Debt must be bought
(That is also why the mythical "printing" of money is not 'free' : Debt must be purchased in order for global confidence in the Debt-Based Economic Model to be maintained worldwide. It implodes instantly otherwise)
https://archive.4plebs.org/pol/thread/500310690
We are all in debt to central banks (their Primary Dealers / suppliers, the global investment banks)
Central banks already do this. Global economy is controlled and planned by central banks that issue all of the world's debt note fiat currency, we citizens are their debt slaves
Sovereign treasuries of all nations that issue the worlds' currency denominations do this on loan from central banks
That is what the debt (bond) market is, every note of debt note fiat currency "printed" into existence requires an equal *bond* be issued and sold by that nation's treasury.
Bonds have to be sold
Debt must be bought
(That is also why the mythical "printing" of money is not 'free' : Debt must be purchased in order for global confidence in the Debt-Based Economic Model to be maintained worldwide. It implodes instantly otherwise)
https://archive.4plebs.org/pol/thread/500310690
We are all in debt to central banks (their Primary Dealers / suppliers, the global investment banks)