close
    What does Monetization of US debt mean?

    {ok}my question, what I suppose.USA Is broke. We need at least 1[one
    trillion $ more than taxes bring in to the treasury{US institution}
    1]step one , congress passes increase in US Debt Ceiling [2}no one wants to lend money to USA at 0% to %3 for 10 years.China has
    excess dollars from trade with us, but does not want to lend to US> 2] so I think, US treasury calls JP MORGAN ,to raise 1 trillion
    US $$$$[they take a small underwriting fee}{this is million of US
    Dollars.3} JP Morgan call the Federal Reserve{a private bank>>>
    who in 1966, took over issue of US currency>>>they replaced
    silver certificates{issued by the US treasury,redeemable from
    Fort Knox bullion depository>>in 1966 for one dollar,of fine silver bullion}NOW [3] the good part!!!!!The Federal RESERVE,nothing federal, just a name, Like Harry,TIM or Johns reserve bank, goes to the basement, pulls $100 bills puts in trucks>>>>and to save time++++by right the armoured cars should go to JP Morgan>>>and JP Morgan , should hire new trucks to take the money to the US Treasury in DC, to put into vaults. [4} the
    underwriter takes delivery , of $1,000,000,000,000 [ trillion}
    of USA Treasury securities, and delivers them to the {federal reserve bank} -*************WHA LA "RABBIT OUT OF EMPTY HAT" OR
    $1 TRILLION OUT OF EMPTY HAT{ THE FEDERAL RESERVE, CONTRACT OUT
    TO HAVE AS MUCH CURRENCY, AS THEY THINK THE COUNTRY WILL NEED{the
    money in your pocket says"this note is legaltender for all debts,public and private, by signature Treasurer of the United
    States{why does the US Treasurer, sigh a note issued by a "private bank>>the "federal reserve bank" see $100 note HC38112363A {georgeacquire@juno.com} please correct me, somebody!!!!

    0  Views: 554 Answers: 2 Posted: 12 years ago

    2 Answers

    They win, we lose?


    ""

    The term in simplicity means that the Feds are going to print more money. As the dollar weakens and loses it's domination as the preferred currency in the world, there will be defaults on debt and hyper inflation in the USA. Countries like China, India and Russia are buying gold and other precious metals along with the Euro, in anticipation that for the first time in history, a major super-power will default. This is the start of another world-wide depression, it is not will it, it is when?
    georgeacquire

    read my understnding+++++and tell me where, my research
    is in error { george acquire}
    georgeacquire

    can you help provide source for info????


    Top contributors in Uncategorized category

     
    ROMOS
    Answers: 18061 / Questions: 154
    Karma: 1101K
     
    Colleen
    Answers: 47270 / Questions: 115
    Karma: 953K
     
    country bumpkin
    Answers: 11322 / Questions: 160
    Karma: 838K
     
    Benthere
    Answers: 2392 / Questions: 30
    Karma: 760K
    > Top contributors chart

    Unanswered Questions

    Tôi có xinh không
    Answers: 0 Views: 13 Rating: 0
    vnq8today
    Answers: 0 Views: 13 Rating: 0
    W88 Zo
    Answers: 0 Views: 15 Rating: 0
    thenewhopemhcs
    Answers: 0 Views: 19 Rating: 0
    Nhà cái 8XBET
    Answers: 0 Views: 19 Rating: 0
    Tỷ lệ kèo nhà cái
    Answers: 0 Views: 15 Rating: 0
    Tỷ lệ kèo nhà cái
    Answers: 0 Views: 18 Rating: 0
    > More questions...
    451710
    questions
    719497
    answers
    751686
    users