Thursday, July 20, 2023

Government VS. Private Debt


Only government can—literally-- print money and forcibly extract it from every citizen via taxes …and still come out bankrupt! Or worse, roughly $50 trillion in the red, as is the case in the United States of America today.

To put this in perspective, this is as if someone was able to successfully print an unlimited amount of counterfeit money (effectively impossible to do now with U.S. currency)—and loot and steal everything they wanted with impunity (entirely possible to do now, at least in several “blue” states)—and still end up in debt.

How can it be that government is perpetually given a pass on its malfeasance, incompetence, and preposterous recklessness with other peoples’ money-- while the “someone” would (justifiably) be given a lengthy prison sentence for the self-same actions?

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