/biz/ - Business & Finance

>>907804
>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?

OK, I own a printing press. I print as many anonbucks in whatever denomination I feel like.

I come to you and say "Will you let me pay you in anonbucks?" you say "Yes i will accept anonbucks as payment." I agree to make payments in anonbucks

remember, I own the printer and can print as many anonbucks as i want, whenever I want.

What are the odds I will not be able to pay you back?

think about it

then click below for the the answer to this question by a sitting head of the Federal Reserve:

https://www.youtube.com/watch?v=q6vi528gseA