⚡
133332
_@133332.xyz
npub1rhr4...7j9y
nothing sweet about me
Fed balance sheet:
Accompanying soundtrack:
Accompanying soundtrack:
If you have money in a big bank - you're good
If you have money in a small bank - you're fucked
As the sole manufacturer of dollars, whose debt is denominated in dollars, the U.S. government can never become insolvent.
Why Health Care Matters and the Current Debt Does Not | St. Louis Fed
Large deficits have little impact on the long-term fiscal prospect of the U.S.; however, health-care spending continues to be an obstacle.
The deficit myth
January 1946
Taxes for Revenue Are Obsolete
By Beardsley Ruml
Chairman of the Federal Reserve Bank of New York
https://cdn.mises.org/AA1946_VIII_1_2.pdf#page=37
Don't trust, verify
Can banks individually create money out of nothing? — The theories and the empirical evidence
https://www.sciencedirect.com/science/article/pii/S1057521914001070
Playing in the background as the world goes to shit
Please rise for the national anthem
I think I did it again
I bailed out the banks
I pumped all your bags
