Oh look another one of Trump's fuck ups, how will Trumpfags defend this one? Who will they blame now? Liberals? Obama...

Explain it then

No lol

It actually never existed to begin with. Non fiat currency's only proof of existence are random numbers in a computer; it has no actual monetary value. If the (((FED))) wanted to they could completely erase the debt since the majority of it is non fiat, but doing so would make the world realize that currency has no actual value which would lead to a massive depression as a new form of currency would not only have to be created, but the ones creating it would have to convince people to use it

Read this
google.com/amp/s/amp.theatlantic.com/amp/article/607987/

I would rather see it wasted than give zoomers a free pass on their student loans. Fucking commies

That was the Fed bro, trump and the Fed don't get along

>Why do you care so much about burger politics Josip?
So I can't discuss politics on a political board? Fuck off, this isn't a safespace for Americans.

No, it has value because people believe the central bank's promise that it has value and will be kept scarce. Gold standard is a meme and it literally caused the Great Depression. Read Eichengreen

Fed Reserve =/= Fed Government

Federal Reserve is not under President Trump's jurisdiction fuckwit.

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Why would he need one? Trump hasn't really done anything Hillary wouldn't, but this really does show what a worthless joke the economic system imposed by the US really is.

No, and yet you say that like it's a good thing lmao. "Yeah, the weak government & our economy is just a plaything for kike bankers, libtards btfo". Cuckservatives are truly pathetic.

Worry about your own country faggotcic

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What is this flag of the gays?

That's what I was implying. It only has monetary value because people think it's valuable. That doesn't change the fact that currency in of itself doesn't have value. (((Central Bankers))) are constantly manipulating the value of the dollar and other forms of currency to give the illusion that they have monetary value but it's all a carefully orchestrated ruse

Yeah but as long as people believe it has value, it has value. Gold doesn't have any intrinsic value either. What you're saying is of no significance whatsoever. There is no credible alternative to fiat money, otherwise you lose control of the ability to change the money supply

>Implying repo isn't a loan
>Implying that money was given all at once and entered the market all at once

>Trump and Hillary are the same
bye retard

I know, which is why I support currency despite the fact that it generally gives (((Central Bankers))) control over the money flow. It's pointless at its core but it's also a necessity in societies that have tens of millions to cater to, which is why I never talk about money with normies; the less they know the better after all

Shlomo or just bootlicker?

>checks flag
why are you speaking?

He didn’t SPEND 1.5T. Whoever wrote that is a retard. He backed the banks with bonds to stabilize

kill yourself shill rat

Gimmie some UBI

>1.5tril $ for a handfull wallstreet bankers
>~4000$ for every US-citizen

you are not entitled to other people's money nor goods nor services

That’s the federal reserve retard, not the federal government.

You do know the Federal Reserve isn't part of the federal government?

The FED is not the "Federal Government". The FED is a private company.

They did not spend 1.5 trillion. They handed out 1.5 trillion in secured loans which will be paid back one way or the other. Student loans and/or Medicare for all is just a money pit and will never be paid back. Get it?

...and who backs up this "private" company?

>Wahhhhh !!!! I have pay back the loan I agreed to pay back so I can go to college and might have a future.

Why are kiddos such pussy liberal faggots these day's? I can tell from your comment you're an ugly beta cunt.

It's not 'perceived' value, it is enforced value because of the US military.

Source: dude trust me

Do you have any source that isn't bitching about muh libruuls in every second sentence?

Anyone who listens to a liberal for economic advice deserves to be poor and starve.

>Why do you care about what the most powerful nation on the planet does when it bufferfly effects the world economy?

Current year+5 and retards like you still ask this question.

Nuke the fed already.

thats the opposite of how bonds work

That's the 6 gorillion dollar question.

... the people of the united states of america!

Fed is the private bank.

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They pay the interest on the unlimited loan they give out to, you guessed it, ... the people of the united states of america!

Hahahahaha liberals triggered

>has to be paid back
Everybody laugh at the trumpcuck

>student debt
You made the decision to be a retard
>Universal healthcare
Costs a lot more than 1.5 trillion

The fed is (((independent))) mate

cope it out for us

king of israel

Not giving any more free shit to niggers, you stupid faggot.

Attached: cost of niggers.png (756x768, 130.83K)

>Worry about your own country faggotcic
Sorry this is not your safespace Amerimutt. Plus you have more to worry about since your country is 55% none white while Croatia is 99% white.

Says the most hated country in world. Sit your ass down muttboi, try to be humble at least once in your pathetic life.