My favorite stat:
- Federal spending is out of control — while federal tax revenue is more than $4 trillion, federal spending is more than $6 trillion, leaving a $2 trillion deficit.
Zero. . We've been brainwashed into believing the government is run using our tax money. Indirectly, that is true. But after 1971, Nixon took us off the gold standard. Now there is no money borrowing, only currency creation. The government has an agreement with the banking cartel and currency is simply created. As citizens, we are taxed simply to keep us poor. The government steals our wealth by creating unlimited amounts of fake currency. Indirectly, we're funding our own deaths as governments all over the world flood economies with fake currency and then use it to poison us.
I believe the point of articles like this is to show people how much money is collected from them and how it's wasted.
Correct. However, waste depends on your point of view. From the kleptocracy point of view, our money isn't wasted. Only we think that because our needs are very different than the criminals occupying governments all over the world. Kleptocracy can't steal/waste our wealth fast enough.
"From the kleptocracy point of view, our money isn't wasted.
Of course not. They don't begrudge one dime they spend.
Nixon
Irrelevant imo. The (((Fed))) is the only point that matters. The moment that went into play it was over. You are correct generally though. But it has nothing to do with going from (also pure fiat) gold standard.
That was 1913. We'll never see a (((Fed))) audit, or any gold.
(post is archived)