Tuesday, December 20, 2011
Money for war, but we are still in bad shape?
Look we borrow money from the federal reserve. They issue us bonds and we issue them a promise to repay them. when we don't pay them inflation rises which is what taxes are for. Taxes are them trying to repay the debt. Did you know that there is more debt than money in the u.s? we are still in bad shape because they use the money to fund other projects such as nasa and haarp the most dangerous war machine we have. Iraq war was just for the oil and since oil is money we needed it. If you want more info i'd be happy to fill you in. Hope this helped a bit. :p
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