[Flavious_Maximus]

“...Treasuries purchased by The Federal Reserve...”

The Feds print and purchase their own money out of thin air. And then pay themselves interest on the money borrowed. What a racket.

[Aevery_Freeman]

Because governments can never seem to not overspend and wind up being owned by rich people.

Same as it ever was.

Sovereign money is the answer - then inflation hurts the wealthy, too.