To what entity do all countries owe their debt to?
To what entity do all countries owe their debt to?
Andrew Perry
Other urls found in this thread:
archive.4plebs.org
twitter.com
Benjamin Brown
Moloch
Caleb Murphy
It's essentially meaningless. It's just a result of general ledger accounting.
In order to add a debit to the cash column of the federal reserve you have to add a credit in the form of a liability.
Otherwise you are literally creating money from nothing and the books don't balance. The only reason this works is that with inflation you can always pay the old debt and the machine keeps running.
It doesn't actually have any value. None of it does. The only thing that keeps the economy going is faith.
But realize the same thing happens with a gold backed currency. The only difference is that the gold miners have control of the money and not the federal reserve. Because if you don't mint more gold you can't print more money.
Then just like Bitcoin people sit on it as an investment and it doesn't function as a currency as well.
So Fiat money works better because at least people will spend it without worrying they will lose purchasing power due to unstable value.
In either system gold or fiat it is the faith in the system and the currency that ultimately makes it worth anything.
Gabriel Sanders
Israel
Grayson Price
...
Owen Davis
How is it possible Japan has so much debt?
Josiah Perez
they're very bad goys
Colton White
Theorically, each other.
Luis Anderson
IMF and BIS, aka kikes
Jose Cruz
Test
Jackson Campbell
everybody owes everybody
Mason Parker
>
wtf even 4plebs doesn't show it
archive.4plebs.org
Caleb Thomas
Dude, would you please refrain from this basic economic drivel.
This is pol. We just want to hear "the jooos done did it".
Thank you.
Colton Murphy
Money is an exchange of energy. The struggle for money is a subtle system of slavery in which your energy is harvested while you wither away and slowly die. Any money mining outside whats needed for basic survival is being used against you.
Alexander Wood
Zionists
Xavier Gomez
Losing WW2 doesnt help.. well i guess neither does winning it lol
Hunter Taylor
Yeah basically this. Money is worthless. It's just a tool. An economic tool that facilitates the functioning of the economy and trade. Pure barter doesn't work as well, but money is just a tool that facilitates what is essentially bartering. You're still just trading your services and products for someone else's services and products, but indirectly through money. You might suck off someone but you're doing it for air pods. The person you suck off might not have them and so you get cash and use it to buy the air pods. But you might need to suck off 8 people to get air pods, so money lets you accumulate for that purchase. The child laborer who made your air pods wants to eat his first meal of the month, so he has to assemble 1,000 units to save enough for the bat soup. You aren't going to send him the soup directly or a fraction of the soup for the airpods he assembled for you, so money acts as a vehicle to transfer that value easily. The airpod jew also needs to get his cut, but he doesn't want you to send him some bullshit arts and crafts thing you made so he accepts your money instead. So on and so forth so you have a big global economy that's lubricated by money. If people lose faith in money, it falls apart. Look at Venezuela or Zimbabwe.
They owe it to each other. They even owe it to themselves. Different government agencies owe other govt agencies, state govts, counties, municipalities, individuals like you and me, pension funds, jew bankers, jew investors, jews in general. It's all bullshit. Whenever you see big layers of complexity, you can be sure it was the jews. Look at finance in general and the 2008 recession. Made up words like coupons, stocks, securities, investment vehicles, goombas, chinks, MBS's, etf, credit default swaps, etc. Jews.
Jace Collins
>TLDR Is da joos
Gabriel Stewart
GOD HE GAVE THEM LIFE HE CAN TAKE IT AWAY JUST AS EASY
James Phillips
It doesn't mean anything. Money is less meaningful the higher you are in the hierarchy.
Owen Gomez
fpbp. We must feed our children to moloch
Jaxon Allen
He already said it in the post but he decided to make compact class instead of simply pointing out:
>THE FEDERAL RESERVE
I wonder who could be behind it
Leo Thompson
Jews...rich people
Lincoln Cruz
Slav Greta
Jace Phillips
retard
Gabriel Jackson
This unfortunately is the correct answer
Matthew Lopez
Jannies
Juan Stewart
lmao remember when us debt was 70%
Blake Rodriguez
why is argentinian flag green?
is this a new pepe thing?
Jeremiah Jackson
kikes
Ryder Morales
Dudes, what the fuck could the answer have been?...
Angel Bailey
Japanese debt is mostly internal debt. Meaning it's owned by the Japanese people.
Jace Kelly
>with inflation you can always pay the old debt and the machine keeps running
Economics is weird like that. I don't know the exact specifics, but people and governments can actually profit from debt, and it's because the principal of a debt bond is a set value, and inflation over time makes it so that during periods of low interest, the money you borrow ends up being worth more than the amount you have to pay back despite being the same value.
Cooper Cooper
>In either system gold or fiat it is the faith in the system and the currency that ultimately makes it worth anything.
But people naturally value gold. It's the most malleable metal in existence and its luster makes it highly ornamental and decorative. It has nothing to do with "faith" that others will pay you back the value you gave it (unless you're buying it in bulk purposely as an investment of course).