It means they would be forced to cut back on spending. That's all it means.
They NEVER cut, they just DELAY PAYMENTS!!!! Not kidding... the bills pile up, and they only shut down National Parks and low dollar stuff to annoy Whitey.
They even pay arrears to any furloughed fed workers!!!!!!
NOT ONE DOLLAR saved by "shutting down" for a month.
But they steal a bit of everything spent, so if they can't spend they can't steal and that's like denying a junkie his crack cocaine.
They HAVE to raise the debt ceiling. The debt accrues interest. They literally have to take on more debt in order to pay the interest on the existing debt. They could cut spending, but they would still have to tax just to pay the central bank's interest earnings.
The game is rigged to force them to borrow more, which creates inflation, devaluing everyones' money. It's a wealth redistribution scam where they steal money from the people with US Dollars, the fed banks take their 6% cut, the other banks take their grift, and the politicians give whatever is left to their cronies.
The way to end the scam is to abolish the Federal Reserve Act, have the Treasury directly print currency, and put strict controls around it so that politicians can't just print up money to give away to the people bribing them.
No they don't. They could stop spending ever larger amounts, massively cut stupdity of spending, and pay down the debt. They CHOOSE not to. But they absolutely do not HAVE to increase the ceiling.
fed is private company. fed prints money. fed loans money to government at interest. there is literally no way to "pay down" debt when every dollar you ever got was loaned to you with an interest rate.
this is fucking 2008 r/conspiracy tier shit. how do u not know this?
(post is archived)