Printing up trillions of dollars from the Federal Reserve lowers the value of all dollars everywhere, including those held by China.
So what China is asking is how the US Government plans to print up trillions of dollars without having the value of the dollars owed to China decline.
And the only answer is to treat all that new money as a loan, to be eventually repaid by the US taxpayers.
You.
To date, all of the bailouts and emergency loans (which are not being repaid so far) have created $30,000 of tax-debt for every living human in the United States. It is actually worse than that since many Americans, the very young and very old, the disabled,cheap hermes birkin, the illegals, do not pay taxes. So the real burden of all this new debt works out to about $50,000 per taxpayer, or $100,000 per married working couple,replica hermes handbags, all created in the last 6 months.
Long before this crisis had hit, the US Government was already so deep in debt that all the income tax paid by every American did not even keep up with the interest. Nothing was being paid on the principle and as a result, since the Vietnam war Americans have been taxed for the interest four times the entire amount of the debt itself ... without seeing the debt reduced.
We are slaves to this debt that was created for us without our permission by politicians whose campaigns are funded by the same bankers our tax checks go to. We have been sold into perpetual bondage by the politicians.
And if by some miracle we work hard and sacrifice to pay off this debt and can persuade the government not to simply add more debt on top (as they are doing even as I type these words) and save the government from financial collapse, what will we have won for all our work and sacrifice?
We will still live under a government that lies to us,chanel flap bag, takes our money,replica chanel watches, reads our emails, listens to our phone calls, and treats us as if we are slaves that cannot be trusted because we will escape to freedom at the first opportunity.
http://barbaradiamond.blogspot.com/
So what China is asking is how the US Government plans to print up trillions of dollars without having the value of the dollars owed to China decline.
And the only answer is to treat all that new money as a loan, to be eventually repaid by the US taxpayers.
You.
To date, all of the bailouts and emergency loans (which are not being repaid so far) have created $30,000 of tax-debt for every living human in the United States. It is actually worse than that since many Americans, the very young and very old, the disabled,cheap hermes birkin, the illegals, do not pay taxes. So the real burden of all this new debt works out to about $50,000 per taxpayer, or $100,000 per married working couple,replica hermes handbags, all created in the last 6 months.
Long before this crisis had hit, the US Government was already so deep in debt that all the income tax paid by every American did not even keep up with the interest. Nothing was being paid on the principle and as a result, since the Vietnam war Americans have been taxed for the interest four times the entire amount of the debt itself ... without seeing the debt reduced.
We are slaves to this debt that was created for us without our permission by politicians whose campaigns are funded by the same bankers our tax checks go to. We have been sold into perpetual bondage by the politicians.
And if by some miracle we work hard and sacrifice to pay off this debt and can persuade the government not to simply add more debt on top (as they are doing even as I type these words) and save the government from financial collapse, what will we have won for all our work and sacrifice?
We will still live under a government that lies to us,chanel flap bag, takes our money,replica chanel watches, reads our emails, listens to our phone calls, and treats us as if we are slaves that cannot be trusted because we will escape to freedom at the first opportunity.
http://barbaradiamond.blogspot.com/
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