US Government Almost Out of Spending Money - If they get more money to spend, it's because they create it out of nothing. They can not and will not pay back their debts. But the taxpayers have to work for their dollars.

submitted by In-the-clouds from midi.moe

all 7 comments
sorted by:
top
newinsightfulfun

[–]In-the-clouds[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (5 children)

The debt balance continues to grow. Why would anyone want to buy US treasuries when they realize the government will not honor its debt and pay it back in full? Isn't it obvious that the collapse of the US dollar is inevitable? There is no effort to sustain it, to revive it, nor to conserve it. It will be replaced with a digital currency.

RESET.

For a man to use the new digital money he would have to forfeit his soul. Jesus warned us about this time in the book of Revelation, chapter 13. He calls it the mark of the beast. Those that take the mark will worship the beast in the place of God. In other words, the world will worship God's enemy and reject the Lord Jesus Christ and his salvation. Here it is obvious that the love of money is the root of all evil.

Regardless of what the world does, Jesus will return to save his people. He is a man of war and returns like a lion. They crucified him in Jerusalem when he was here as a mortal. He died willingly, so that your guilt could be removed. He rose back to life, is all-powerful and immortal and will never die again. No one can stop him or kill him when he comes to rescue his people. The world rulers will be in fear when they see his wrath. He will help all who repent and call on his name.

[–]blackpoop321 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (1 child)

Bitcoin was sent to us from the future exactly to avoid the grostesque dystopian nightmare that CBDCs had in reserve for us.

[–]SoCo 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

If we look at the proposed digital currency, it is the exact opposite of Bitcoin in every way and the exact opposite of what their experts decided a national digital currency should be, when compelled to give this info.

We can see that it, instead, is following through with the completing the multi-nation banker info-sharing takeover that was planned more than a decade ago. They've simply replaced sharing all the US citizen data with every obscure country by document submission, with giving all the US citizen data (employment, savings, life-insurance) to other 40+ obscure countries through automatic atomic methods.

[–]Alienhunter 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Heresy.

[–]newguy 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

They are collapsing all national fiat currencies simultaneously, so that the new global digital currency can replace it.

They're collapsing the economies too with the ESG scores, which require businesses to push sick stuff because that's the only way they can get loans from the big banks.

[–]EddieC 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

They are collapsing all national fiat currencies simultaneously,

 
They do this at great risk to themselves too
For rather than be corralled into CBDCs,
we the people can & should just do DIRECT CHANGE:
mind pivot ourselves to a new paradigm AND a new exchange system -- all ready for use
 

[–]POOPCORN 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

The issue of government spending, debt, and taxation can be complex and often leads to differing viewpoints. I can provide you with some general information to help you understand the topic.

Government spending: Governments spend money on various programs and services, including defense, infrastructure, healthcare, education, and social welfare. The spending is usually funded through a combination of tax revenue, borrowing, and sometimes by creating new money.

National debt: When a government spends more than it receives in revenue, it often needs to borrow money by issuing government bonds. The accumulation of these borrowings over time results in a national debt. It's important to note that national debt is not necessarily a bad thing, as long as it remains manageable and the government can meet its financial obligations.

Monetary policy and money creation: Governments, through their central banks (like the Federal Reserve in the United States), have the authority to control the money supply and implement monetary policy. This can involve creating new money, often referred to as "printing money," although the process is largely electronic in modern economies. Money creation is typically used to stimulate the economy or address financial crises, but it must be managed carefully to avoid inflationary pressures.

Debt repayment: Governments can repay their debts in several ways, including using tax revenue, issuing new debt to replace maturing debt, or refinancing existing debt. The ability to repay debt depends on a country's fiscal health, economic growth, and the confidence of lenders in the government's ability to honor its obligations.

Taxation: Taxes are a primary source of revenue for governments. Through taxation, individuals and businesses contribute a portion of their income or profits to fund government activities and services. Taxes can be used to repay debt, cover government expenses, and address economic inequalities.

It's worth noting that economic policies and the management of government finances vary across countries and can have different outcomes. Public debate and careful analysis are important for determining the appropriate level of government spending, debt management, and taxation in any given country.