The sheboon is accidentally correct. I say accidentally, because she doesn’t even realize the nature of debt in the US. The commodity basis for the US economy today is debt. Not gold, oil, or real estate. The Federal Reserve holds debt as its reserve. Lenders’ primary asset they use to borrow funds themselves in this pyramid scheme is the mountain of debt they, themselves hold. Debt is categorized by risk and value, with the secured debt of high credit score borrowers being the most valuable and unsecured debt from low credit score borrowers being the lowest. This is due to likelihood of payment. Note I say “payment” and not “repayment,” because the intention is not to have the debt paid off, but to have it last in perpetuity, guaranteeing payments on everything forever. A low income borrower with a desire to keep a good credit score will never miss a payment, but will continue to find himself somehow further and further in debt as he borrows from various lenders for the goods he wants. This is their ideal candidate. He will buy a home at three to four times his annual income and get a thirty year mortgage that will never go away. Now, we move to how “debt is a tax.” Inflation is a tax. It is the government producing money out of thin air to fund itself, and when that currency enters the economy, it devalues the rest of the currency through dilution. This is inflation. This is the most evil of taxes, even more than the income tax. As inflation takes hold, prices rise. As prices rise, non-government borrowing increases to keep up with the devalued currency. This, in turn, dumps even more new money into the economy, further elevating prices. This leaves the consumer holding the bag, now trying to keep up. Their dollars are the last. They are paid by the second phase borrowers in most cases, and therefore by the time the money reaches them, it’s reached its lowest value point. Regardless of whether they live within their means or work hard, these last in line consumers will suffer greatly at the hands of this tax of debt. Even if they, themselves, aren’t in debt, they will feel the pain of the tax of debt due to the inflationary response eating away their spending while also seeing increases in other taxation, such as property, sales and income, as government responds by increasing and collecting even more from them. The dumb nigger, who clearly intended to say that “if ah takes out a loan fo’ mah duhgree in eebonix, it’s a tax if’n ah haz to pay it back,” stumbled across a bigger truth: debt under the jews absolutely is a tax.