Congress to Pass $1 Billion Aid for Ukraine, Sanction Russia -

Congress to Pass $1 Billion Aid for Ukraine, Sanction Russia - The Epoch Times



A billion here,a billion there, what difference does it make, when they owe over 20 trillion, which will never be paid back. America is finding it hard enough to pay the interest. If you think about it,then you see the racket.

America borrows $1 from the Federal Bank and owes back the Dollar plus interest.  They spend the Dollar and get goods and services today. However, they never pay the Dollar back,only the interest. So America gets a Dollar's worth of stuff for the cost of the interest only.

Say the rate is 6%   They borrow $1 and owe $1.06   They buy $1 of stuff but only pay back 6 cents for that stuff as the $1 is never repaid.