HackChu
I need a haircut...
- 674
- Posts
- 18
- Years
- Age 32
- Bankrupt Amerika
- Seen Sep 23, 2020
This is wrong on many levels. The foreign banks like Chase and JPMorgan holds most of America's debt. How? Because the debt is owned by the Private Reserve, which in itself if owned by 6 Mega Banks. They'll be quick to tell you that they don't know where the tax payer money goes. Our tax payer money is often used to bail them out. But you can't bail anyone out that prints money out of thin air. That's what the Private Reserve does. They create hyper-inflation.American banks hold a majority of the public debt. China only holds 8% of our federal debt, which is still a heck of a lot more than it owned 10 years ago.
I wish the clowns that were protesting Wall-Street actually protested against something that is the prime cult of holding America captive--the Federal Reserve, which is no more federal than my butt-crack.