/biz/ - Business & Finance

>>22856057
Not even close

They better fucking pass the heroes act. I dont give a fuck if they take out all the democrats giveaways just pass the fucking act

Can /biz/ redpill me about the Federal Reserve?

So I know that they're not federally owned despite what the name implies, and I know that the U.S dollar is not actually a currency the U.S owns, but a representation of how much the U.S government owes the Federal Reserve. I also know that there's interest in every dollar printed in order to deal with inflation.

But how does that work in specific? Say for instance there exists no dollar bills in the world, and the Federal reserve prints a $1 bill with 25 cents interest on top of it. So the U.S gov. owes 1.25 dollars to the fed, but how will it ever pay that interest back if only a 1 dollar bill has ever been printed?

Wouldn't that result into an endless spiral of printing, inflation and debt?

https://youtu.be/tlpwRtLmOik

https://youtu.be/tlpwRtLmOik

https://youtu.be/tlpwRtLmOik

THE HYPE IS REAL

If all money is printed by the Federal Reserve (which is a private company btw, no more Federal than federal express), and then loaned out to the USA at interest, how is the USA or a nation as a whole ever supposed to be able to pay back their debt?

If only the principle is created, the money to pay back the loan LITERALLY doesn't exist does it? Does this mean that the debt is unplayable? Is the the master plan of the jews? Is this why our founding fathers avoid banks like it was the fucking plague?

It seems a pretty simple concept, but since /biz/ likes analogies let me put it this way. If I control all the money in a nation, and I print 1 dollar, then loan you 1 dollar @ 20% interest, how do you pay me back? How you do come up with the nonexistent 20 cents?


Redpill me on this new form of slavery.