THE YUGE REPUBLICAN LIE ABOUT THE DEFICITWhen asked... | Economics and Politics

THE YUGE REPUBLICAN LIE ABOUT THE DEFICITWhen asked... | Economics and Politics



The Fed produces very little to fuel the debt of America. There is a mega land account, which is filled with valuations of land owned and leased by America. Hence the payments to the Queen and the Vatican, made by the American taxpayers. This huge amount is obviously an asset, which can be borrowed against, normally.

However, the rules are flexible. Land, being a finite resource, must go up in value and so it is easy to just remove a sum lower than the current valuation and as the land increases in value, the debt is negated. This slight of hand, or rather computer, is done on mega computers, which can only be accessed by a very few Government officials. These 'loans' will never be repaid as higher valuations just cancel them out. The overall total, within the land account, will always be higher than the debt owed as the land increases in value.

Actually, we do not need taxation and could 'live off the land. Taxation and the Fed are just a cover up for what is actually happening on those' blue screens.'