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Joined 1 year ago
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Cake day: August 24th, 2023

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  • The US government is not funded by taxes. Let me repeat that: THE US GOVERNMENT IS NOT FUNDED BY TAXES.

    Since the USD is the defacto global currency and is backed by oil, the US can print as much money as it wants to pay it debts or fund government programs. Hence the reason for the US’ constant wars over oil resources. Got to feed the oil machine.

    Taxes are used as COLLATERAL for further loans and to pay the interest on the existing government debt.

    Money is created by selling bonds and again using the magic of fractional reserve banking to inflate the money supply.

    The US is the only country that can pay its debts by printing its own currency.















  • They need those offices to be full and the demand to be high for commercial real estate. If commercial real estate becomes less valuable, the banks who own and finance that real estate lose a ton of money.

    If the offices are empty, the companies can’t even sell the real estate because other companies won’t want to buy it either. This will devalue commercial real estate properties as a whole, leaving businesses with a lot of high interest loans to the banks for assets that are worth much less than the loans they took out.

    When those companies go under, The banks will be left with a bunch of commercial real estate that is essentially worthless.

    So you’re all working for the bank so your bosses can pay the loans for the real estate for your office. The furniture inside the office itself is worthless.