Focusing on government shutdowns and debt ceilings is absurd in the face of this, never mind all the other liberal-agenda sicknesses.$3.39T Quantitative Explosion: Fed Owns More Treasuries and MBS Than Publicly Held Debt Amassed From Washington Through Clinton
Perfect Ponzi scheme.
US dollar is the world`s reserve currency so they can print as much as they like.
Buy your own debt, pump up the DOW and tell everyone the economy is roaring.
If this stuff has any value ten years from now — it will be a miracle.
Borrowing from the Fed means never having to pay it back.
This will ultimately collapse the entire market. All of them world-wide. There’s going to be hell to pay for the communist idiot running our nation into the ground.
How in the world did they get it set up to go around the constitution and allow the fed to do any of this?
next pres by eo should void that debt.
It is the government laundering money to buy up private enterprises and property. It is a backdoor scheme to implement Communism whereby the government own everything.
Tip of the iceberg. They are lying. Audit them from the outside.
With them owning all of these mortgages, I wonder if they will come knocking if there lots of defaults.