Originally Posted by
copiertec
Yes. It's called "quantitative easing", it started back with Obama and Ben Bernanke, as a way to soften the blow of the economic fallout back in 2008 and has continued at breakneck speed. When the US borrows from the Fed, the taxpayers foot the bill, I hate, hate, hate it as it is very destructive to we the people.
Talking about criminality, look what went on back in 2008 with the mortgage debacle, CRIMINAL, yet NO ONE went to jail of prison. When the Fed (US government) bailed these criminals out, they should have paid off our mortgages, but millions of Americans lost their homes, while the banksters fucked us all, they got paid millions in bonuses with Fed bailout money, funded by "we the people." Granted, there were people who were applying for loans they never should have been approved of but it was allowed, knowing that it was unsustainable. So, millions lost there homes while banksters were paid millions while drinking champagne and snorting lines off of strippers. All this borrowing or quantitative easing which has to be paid back in turn it 1) weakens the dollar 2) causes inflation/hyper inflation 3) higher taxes on money we have already paid taxes on.
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