Coin tricks. Especially knuckle rolling coins and learning how to change the position of the coin between various palming techniques.
Coin tricks. Especially knuckle rolling coins and learning how to change the position of the coin between various palming techniques.
Except a nation with no debt and a negative trade balance has negative wealth.
The government debt is the private sector surplus when there a negative trade balance.
The government is literally the source of money. Every dollar created is part of that “debt”.
Every dollar is an IOU issued by the federal government that it will be accepted to relieve tax obligations.
" Zero national debt " means zero dollars left in circulation after taxation.
It’s not about the rich paying their fair share.
We need to tax them specifically to reduce their insane power in our system.
The federal government doesn’t need them to finance a damn thing. It can finance anything it wants to with the stroke of a pen.
We are not reliant on the rich.
The black man on the supreme court might want to rethink the stance on going with “history and tradition”.
Or maybe he thinks his vote should only count as 3/5 of a vote?
Oh right. It will be cherry picked bullshit that fits whatever corrupted crap they want to force onto all of us.
Except that’s a sham way of framing things that most people use.
The US is monetarily sovereign and can always issue enough currency to meet any demands upon it.
Uncle Sam doesn’t go around collecting dollars like a beggar to apply to things. It creates money directly through spending, or backstops the creation of demand deposits by private banks via the reserve system. Money has to be created before it can be destroyed through taxation.
The issue isn’t, “Where will we get the money?”
The REAL issue is, “Will we have the infrastructure to care for our elderly?”
Warren Mosler goes over this in one of his better short pieces of literature.
Because the national “debt” is the number of dollars that haven’t been destroyed through taxation.
Maybe they should pull their houses out of this predicament by their boot straps
My doctor diagnosed me with a b-12 deficiency. Something easily fixed with a shot she prescribed.
The pharmacist looked at me like I was a drug addict when I asked where the needle for the injection was when I picked up the scrip. “Just have the doctor do it”.
Fee for randomly showing up to my doctor to get the shot? $0
Fee for getting the shot done when I was actively at a scheduled check up? $130
I take an oral supplement instead now that’s not quite as effective.