The Fed itself holds 15% of US debt. What if we just didn't pay them back?
2025 Jun 16, 9:22pm 647 views 45 comments
We could eliminate 15% of the US national debt right there.
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43
MolotovCocktail
2025 Jun 19, 10:09am
MolotovCocktail
2025 Jun 19, 10:09am
Misc says
What? They hoard it in money bins like Scrooge McDuck?
That's the only way 'savings' are 'removed' from the economy.
Most people will deposit their savings in the bank or invest in stocks. Deposits are loaned out.
Then stupid people "save" 10% of it. Now there is only 900000 ounces in the economy
What? They hoard it in money bins like Scrooge McDuck?
That's the only way 'savings' are 'removed' from the economy.
Most people will deposit their savings in the bank or invest in stocks. Deposits are loaned out.
44
HeadSet
2025 Jun 19, 12:35pm
HeadSet
2025 Jun 19, 12:35pm
@MolotovCocktail
Please careful how you use quotes. I never said "Then stupid people "save" 10% of it. Now there is only 900000 ounces in the economy." Misc said that, I was replying to it.
Please careful how you use quotes. I never said "Then stupid people "save" 10% of it. Now there is only 900000 ounces in the economy." Misc said that, I was replying to it.
45
MolotovCocktail
2025 Jun 19, 5:00pm
MolotovCocktail
2025 Jun 19, 5:00pm
HeadSet says
That's a known bug in the PatNet quoting system, I am afraid. I changed it manually just now.
MolotovCocktail
Please careful how you use quotes. I never said "Then stupid people "save" 10% of it. Now there is only 900000 ounces in the economy." Misc said that, I was replying to it.
That's a known bug in the PatNet quoting system, I am afraid. I changed it manually just now.
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