Who does the US Owe its $35 Trillion debt? (National Debt Explained) 

lol

What country has given urain the most arms

More tax we pay more big the deficit 🙈 They borrow, spend. We pay it back ))

You mean: "To whom does The US owe $38.2 Trillion dollars." , right?

National debt is a lie, it's more like national elite laundering of tax dollars. Rich people/corps in our own country are collecting the interest on it, because they predominately own the debt. AND the debt was acquired through overpriced dirty politics, by ALL YOUR ELECTED government. DON'T accept the con....

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That is debt payoff. You should pay living expenses (Security, Transportation, etc) to layoff TAX. If there was some one time settlement, our life may become easy.

the US government can suck wayyy more than 93k from you during your lifetime. US government grinning atm.

Thanks captain obvious.

@@doggygaming950 It's obvious you did not read all of my post.

They do say gold will crash in a liquidity crunch However, many of those holding precious metals are preparing for such an event. So they are unlikely to be forced sellers. The paper market would tank and hopefully collapse.

I wholeheartedly concur, which is why I appreciate giving an investment coach the power of decision-making. Given their specialized expertise and education, as well as the fact that each and every one of their skills is centered on harnessing risk for its asymmetrical potential and controlling it as a buffer against certain unfavorable developments, it is practically impossible for them to underperform. I have made over 1.5 million dollars working with an investment coach for more than two years.

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Her name is “Vivian Carol Gioia” can't divulge much. Most likely, the internet should have her basic info, you can research if you like

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Yep great question and that’s always the one - where would you rather be if you have an option. Personally I’m always invested aside from a small emergency fund. Financial-market for me seem the only way forward with my long time horizon (accrued almost $1.4m in gains since 2020 ) but if you don’t have that fortune of time it’s a tough market out there almost nowhere feels safe! . Just know the risk you're comfortable with . Mistake is expensive

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A million dollars in profit is a fantastic achievement; how can I contact this advisør of yours?

Do your due diligence and opt for one that has tactics to help your portfolio continue consistent and steady growth. "HELENE CLAIRE JOHNSON" is accountable for the success of my portfolio, and I believe she has the qualifications and expertise to accomplish your objectives.

Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.

Can’t wait for Gods kingdom to take over. No more debt. No more taxes no more slavery to 9-5 no more renting a home.

....yeah, no doubt.....'' topless '' takes on a 'whole new meaning '''..............

Funny how it wasn't an issue till late 1990s ,even Reagan chided people for even mentioning it as it was always something done without question before

It’s cause there’s a party in the USA.

Because its dumb and meant only for political drama. The U.S is one of only two countries in the developed world that have a debt ceiling. The other is Denmark, weirdly enough.

It's a ceiling made out of clouds..It don't mean nothing.

Theres a RU-vid vide called The Creature from Jekyll Island which explains the Federal Reserve-its a long video 6 hours but It will change your life Listen to it a little at a time

@@googlesmostwantedfrog147 another one that’s good is’ the battle for Europa’ talks about the fed, Bolshevik revolution etc. these fuckers have been in cahoots for a while

It's not fake money - it is fake currency, there's a big difference. Every $ created steals value from everyone on the planet who owns and uses those $'s, thus making them poorer ! It is like - someone is eating free lunch today, but you are paying for that lunch the following day for the rest of your life, as long as you own that currency ! The concept of currencies is the worst invention in human history. It allows the select minority to silently and continuously stealing from every living person who uses their currency as long as they're alive, without the need of using any power. Feat that not even the most powerful kings/rullers of the past could achieve. :X

Collective Debt is Slavery in Disguise. All Fiat Currency is Collectivist Currency.

Considering economies are human constructs…yeah, fake money. Humans decide the value of items based on supply and demand as well as a few other factors like scarcity etc. From there, we can literally wipe the slate clean and restart at any moment. Everything humans do is pretty much human created, including culture, systems, governments, so on and so forth. Everything is kinda fake except the real stuff… that stuff we kinda need. Food, air, and water. Anything more than that you need to have incentive for others to want to do it… so economies exist. We’ve tried the free living during Covid. It was a worldwide experiment that failed beyond measure. It made folks lazy rather than wanting to work. It made them sit at home doing nothing. There were many out there every single day making things work, but by and large most didn’t do much of anything. So, back to the slave game we went… if you owe money, you’re pretty much beholden to them until your debt is paid.

🖨 💵 💵

you underestimate the amount of taxes your government chooses not to raise

@@Luca-sz5uy no, I under estimate NOTHING. You fall for the LIES that the left tells. You think that the “rich” don’t pay their fair share because the extreme left tells you that but what you will NEVER hear them tell you is how much is their fair share. Today between local, state and federal taxes (of all kinds) the so called rich pay over 50% in taxes. And the extreme left (specifically Biden) say they will not raise the taxes on anyone making less than $400:000 then INCREASE the number of IRS agents by almost ONE HUNDRED THOUSAND, now why do they need that many agents when only the rich are going to see their taxes raised? And how much money does the government need to operate? And how much do they need to BUY VOTES? Look at parts of CA where they are trying to spend MILLIONS if not BILLIONS on reparations to Blacks. But only if they are member of the LGBTQ community? Read the TENTH AMENDMENT some time and think about all the things the Federal Government spends money on and if it violates the LETTER of the 10th Amendment.

Apparently you do not understand bankruptcy

@@zickzeon2946 and you dont understand how a government works

The stock market is a way to hedge against inflation. Most notably amidst recession, investors need to understand where and how to allocate funds to hedge against inflation and still make profits.

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@@stellamoore720 I invest with 'BRIDGET MARY TUROW" a widely known consultant. You can make a quick internet research with her name, where you can easily get in touch.

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Don’t worry when the printing press doesn’t run out of ink

@@1jh963 It doesn’t, but one day the interest payments become too much.

It's pretty simple balance the deficit in5 years. The DOD is throwing money away like it worst nothing 7000$ coffee makers 650$ toilet seats and the list goes on F 35 they quit counting on that one.All the bugeta went over. They fail audit 5 times in a row. The next thing is to get the billionaires to pay a 5% increase in taxes, I don't think that would hurt them In 5 years The REP.are the the problem they lining their pocket with our money.And for somebody talking about tax cuts run their ass out the country.

THEY NOT JUST DRUNK, THEY ARE UTTERLY .....PISSED

@@benjiwatson2368 Seems like I heard that in a decade the government will be paying 800 billion dollars a year just in interest on the debt, that will be more than we spend on national defense.

That's quite optimistic, real inflation for the average Joe, the little man is on average 50% for the past year. Let me give you an example, last year I eat a sandwich for 4.7$, today I bought the same one, from the same place and it was 7.6$. This is just a small example of what's going on.

there's actually inflation bonds which go higher in intrests with inflation levels

@@houssamadnane271 so its actually not the interest that increases, it’s the par value that increases with inflation, so the interest rates actually go down as inflation rises, but you get the price appreciation from the bond itself.

@@GreenHammers ohhh okey it sounds like a good deal to protect money from inflation

@@houssamadnane271 prolly gonna sound preachy or pretentious, but I work for a private wealth manager and speak with sales reps from all the big investment banks regularly and all of them have actually said their investment teams have sold their inflation protected bonds this last quarter. Technically speaking, stocks are actually the best place to keep your money to mitigate inflation risk since they also price upwards with inflation, it's just that there's not a direct mechanism that performs the inflation adjustment like with the bonds we're discussing. Counter-inuitive right? Drives me nuts sometimes.

true,and there'll be no paying back 30+trillion,and over 300 trillion in unfunded liabilities,no way,no how,they are kicking the can down the street and sooner or later,the can goes in the ditch

you mean"we"are paying 5k a second -

Interest payable at today's rate is 800 billion per year.

$5000? That low?

Yeah but how much are they going in debt per second?

The best comment

Only stupidity and manipulations of the receiver of buying these debts.

It has to raise. Because needs are constantly growing. Population grows, production grows , new technologies and industries ect. It's normal.

@@MrAmhara not normal it needs to be put on a leash, raising the debt ceiling wouldn't benefit the population. Instead to fund wars and destructions its the only nation on earth needing to spend this high amount but the people are poor and infrastructures are failing, only and blinded insane persons would think that they would benefit.

Yay! More credit cards ! We're rich! Wait... Pay what back? No... That's my money!

Don't worry uncle joe will keep giving money away.

Please return our money, thank you

The govt is now broke... but wait! They will easily increase the debt ceiling again to $40, $,50 or even $60 trillion dollars! Just watch!

@@HH-lc8zw of course debt is repaid . You are confusing repayment with decrease of debt level.

as the required interest payments on the natl debt increase, so will the total amount of the natl debt.

We will never pay off the debt.

And who exactly are those slimy families what are their names be specific??????

@@scottward1002 You don't know?

The Federal Reserve System is not "owned" by anyone. The Federal Reserve was created in 1913 by the Federal Reserve Act to serve as the nation's central bank. The Board of Governors in Washington, D.C., is an agency of the federal government and reports to and is directly accountable to the Congress.

@@margaretfrew6661 Wrong! There's a reason "owned" is in "" in your cut and paste reply. All of the federal banks, JP Morgan Chase, BOA, Wells Fargo..., all own shares of the Federal reserve and make the interest on the dept through dividends. Those are the folks raking it in off a big chunk of the US dept. These banks are still largely held by members of the original central banking giants like the Rothschilds, Rockefellers, & Lehmans

You are a very educated person .. the fed essentially controls and creates world debt ..

thank you!

Privately owned? That means the United States is privately owned, doesn’t it?

@@Haijwsyz51846 I'm pretty sure I'm an owner of United States because I know I'm not an investor or I would see the returns by now and I know I'm not its slave because human slavery is illegal. Is it possible to be considered an investor without your informed consent?

@@user-6662HWY you can't be an owner of the US unless US has become a communist country. But a good news to you is that you are an owner of the US debt if you consider owning debt is akin to owning property.

@@Haijwsyz51846 Interesting what you say about communism... Seems to makes sense that the amount of debt owned by US is equal to the amount of property owned also, or who would buy debt? Lovely, Thanks for your input.

other countries owe debt in America to that's how it works

Yes you do next year.

Hello, the US National debt is nothing but a record of all the USD the Federal government has spent, not taxed yet which sits in savings accounts. In order to pay back these Treasury bonds, the Fed debits a savings account and credits a checking account thru the use of a keyboard. The National debt = assets for the economy. It functions as our net money supply. As economist L. Randall Wray sums it here, “if we want our private sector to save, which almost everybody agrees is a good idea, the public sector must run a deficit.” And what happens when the public sector runs a surplus? The US has done so 7 times, and Wray has an answer: “The first 6 of those were followed by our only 6 depressions.” And the 7th was during the Clinton years, which led to a recession in the early 2000s and then a global financial collapse in 2008. 1817-1821 debt paid down & budget in surplus (depression began 1819) 1823-1836 debt paid down & budget in surplus (depression began in 1837) 1852-1857 debt paid down & budget in surplus (depression began in 1857) 1867-1873 debt paid down & budget in surplus (depression began in 1873) 1880-1893 debt paid down & budget in surplus (depression began in 1893) 1920-1930 debt paid down and budget in surplus (depression began in 1929 1998-2001 debt paid down and budget in surplus (recession 2001 2008)

IRM US us printing its own money, therefore, there is no need to pay back US or pay back to itself. US should print more money to spent on infrastructure rather than on corporations.

Exactly, the general public paying it's taxes means none of this is on them , this isnt debt left for our children as retards on tv and radio say . If you pay taxes as asked , your responsibility is done and over , this is on the people we elected

Daily Treasury statement table 3a as of today July 2022 Total Redemptions $698,746 -today $2,627,249 month $108,481,593 YTD in millions. For the year we have paid back 108 trillion USD in US Treasuries easily. No media, no politicians bragging about this. We pay off over 100+ trillion each and every single year and have been paying the national debt for 200 years.

31 trillion now!

Just put 30+ and growing with a link to debt clock in description

MP, that’s chump change for the military.. they get $850 trillion annually so they don’t have to be financially responsible… and what’s even more insane, the general public is willing to cut their own benefits to give more to military..

Exactly. US currency values hanging through the ownership of key patents and OPEC oil trades that exclusively sold in US$. No longer in their industrial outputs and trade surpluses.

We need a real National Bank owned by the people.

​@@williamrice1955 Too much power for the people

People tend to make the mistake of conflating the country and the government

this video is bullshit it does not explain the real truth

Mrs Evelyn Vera service is really good, I invested $22,000 and made a profit of $81,000 after a week. I still wonder how she gets her analysis

That's a nonsense term really. Everyone who works and can collect retirement is an "Unfunded liability" . It's a buzzword created by think tanks . Your household bills are unfunded liabilities or UL till you pay them , in a nutshell every employee is a UL in several ways , Payroll , Retirement, Benefits are all UL , driving a car without insurance is a UL . People like Frank Luntz created the usage of the term and then it hit talk radio . It was literally a nonsense term to detract from Democrats reducing debt and deficit. You never heard anyone leaning left use that term . It's as bogus as the Email server hearings that were conducted by at least 8 people who also did their government work on private email servers after General Colin Powell was the first to use it . At the time well over 100 Senators and Congress had them . Gowdy and Chaeffitz both had them on their business cards and they were leading the charge 🤣 More importantly when the election had been decided they packed up the hearings , sealed the records and never mentioned again and now MORE people are using private email servers .

@@DarkepyonX .. unfunded liabilities simply means that Medicaid and Medicare expenses are increasing faster each year than the payroll taxes (from employer and employee) fund these programs.

Or give BILLIONS to other countries while spending our social security money that we paid in taxes for decades of hard work.

The devil owns the debt. And it does matter. Why do you think everything is ass backwards and upside down? When the Federal Reserve which is privately owned and unconstitutional never been audited can print a pallet of money and bribe whoever they want and you would never know a thing that's a problem

Zionist devils own the debt. Wake up sleepwalking Americans

Debt issuance keeps the government in greater control.

Paying billions of dollars for transgender “research” in Pakistan

That’s not true. It would be practically infeasible politically to run a $1 trillion federal surplus for 31 straight years, but it’s not out of the realm of possibility.

It’s easy if we cut spending and didn’t increase the budget for 10 years and allowed the economy to grow naturally. Then allow the budget to grow with the economy

Like many Americans, the federal government is shelling out a lot more money to cover interest payments on its debt after a series of Federal Reserve rate hikes over the past year. The Treasury Department paid a record $213 billion in interest payments on the national debt in the last quarter of 2022, up $63 billion from the same period a year earlier. The fourth-quarter tab was also nearly $30 billion more than in the prior quarter, which is the largest quarterly increase on record, said Jerry Dwyer, an economics professor emeritus at Clemson University. Borrowing costs are expected to become an increasingly heavy burden in coming years. The Congressional Budget Office is set to provide its latest estimate on Wednesday. The surge is due mainly to the Federal Reserve raising interest rates by 4.25% between March and December. The central bank increased the rate another quarter point in February. Until recently, it cost the federal government very little to issue debt to finance its operations. “It was almost free money,” Dwyer said. “You could borrow a trillion dollars, and if you financed it with Treasury bills, you paid almost no interest. But interest rates weren’t going to stay there forever.” The national debt is once again in the spotlight now that the US has hit its $31.4 trillion debt ceiling, forcing Congress to take action or risk a catastrophic default. The Treasury Department is taking extraordinary measures to allow the government to continue paying its bills in full and on time, which it expects to last at least until early June. The spike in interest payments also contributed to the federal government hitting the debt ceiling that much faster. And it adds to the pressure on Congress to raise taxes, cut spending or allow the government to borrow more to meet all its obligations.

Lol

The dollar has not 'tanked'.

@@Cynlixal it’s pretty relative but still a debatable concept

You are heading for trouble.

You using one credit card to pay off another credit card spending, that is in essence what the US is also doing. They borrow to pay off past loans, and repeat.

that is ponzi scheme...

Thank God I’m 30 years old and I’ve never touched or been tempted to have a credit card. If I don’t have the money I’m not gonna pay for it simple, even in an emergency I don’t mind living on the bare minimum to get my feet back up. Rather then going in debt for something temporary 🤷🏾‍♂️

By doing that you are buying time but you are increasing your debt. You are headed for huge financial disaster .

Just an excuse 2 attack social security and Medicare. As the main prob when defense waste alone dwarfs both

@healingbyqurannow --,,The Government has no money of its own , Our U.S., Government is made up of ' CELLS ' . Each ' Cell Group ' acts Independently of the Federal Government but is supposedly overseen by the White House Administration and the 2 Houses of Congress , plus there are a few Civilian Governmental Watchdogs Groups . The Federal Government ' Borrowed ' money from the Social Security Agency when it actually had a surplus of ' Taxed ' Funds , meaning that the Social Security Agency hadn't paid a large enough payment to all of the Social Security Payees compared to the Social Security Taxes received by the Agency from all of the Eligible Tax Payers . Essentially what happened was that the Payees who were eligible to receive those Tax Based Benefits had died prematurely , leaving a Positive Net Balance within the agency itself . So the U.S., Federal Government ' Took ' that Positive NET BALANCE from the S.S., Agency , So then issued to that Agency ' BONDS ' . When the U.S., Government Pays back those ' Bonds ' it will have to do so with INTEREST . The Social Security Agency doesn't have its own money , All of the Social Security Funding comes Directly from the Tax Payers with a Direct Access Link for each Eligible Tax Payer and How much over How long they Paid in to determine their Future Eligibility for these pre-purchased Benefits . As these Separate Governmental ' Cell Groups ' are OWED MONEY by the U.S., Federal Government thereby meaning that indeed the U.S., Federal Government OWES ITSELF money , Large Over Bloated Governments are SO BIG that they really aren't 1 Single Entity . In this case Big Government has more or less 1 thousand different Agencies under Each 1 Single Department Created by the U.S., Federal Government . Where does the U.S., Wildlife Agency come under , is it its own Agency ? The Answer is No , It is in Fact Not its own Agency but rather comes under a ' Parent Agency ' Associated with The U.S., Federal Government . The Federal Wildlife Agency is a Federal Government Police Agency , Do they come under the F.B.I., or the C.I.A., ? No , they do not , they are not Affiliated either of those Federal Policing Agencies . The C.I.A., can not operate domestically , they are our International Policing Agency charged with Policing Americans who go abroad / Leave our Country . The F.B.I., is our Federal National Policing Agency who operates Domestically but only deals with our citizens who are People . The Division of Wildlife deals with our Wild Animal Populations and of course the Humane Society deals with crimes related to our Domestic Animal Friends who are not of the Agricultural variety , supposedly , and of course we have our Department of Agriculture which is supposed to oversee our Agricultural Businesses and Agricultural Animals . So what ' Parent ' Agency does the Department of Wildlife Come under , Do you know ? That is HOW BIG our Federal Government has become ... The U.S., Federal Government EMPLOYS more people than any other Private Corporation or Company does , in fact if you took all Privately Owned and Publicly traded American Corporations and Companies and combined their Employees into 1 large Group , The U.S., Federal Government would still have more Employees than the private sector .

@@williamwaha3193 I taught currency trading in wall Street 20 years ago, I also wrote theories about international Economics 18 years ago, Iam telling you the U.S. government can create money, they don't even have to print it. The reason this can be done easily is the U.S. currency is the reserve currency and the trade currency of the world.

"Owing yourself" in this case is a fallacy. Social Security is funded by the taxed earnings of employees and employers exactly like 401Ks. People who pay nothing into SS own nothing, people who pay little, own little and so on. A treasury note has a specific holder or owner and it is not the in general "ourselves".

Nobody is going to forgive the USA for 31.8 trillion dollars when they crash. It will ruin every country that remains on the basis of using the USD as its form of global currency. Those that choose wisely and join BRICS will not suffer such humiliation and debilitating financial crisis. The only satisfaction open to countries like mine who will be like the band on the Titanic, is that those of us who are smart and have money invested in another currency will enjoy watching the death of the USD and its torturous role in global hegemony since 1973 as it flounders in its death rolls like a snake in a fire.

It was invented from debt!

And interest

@@MM-ig1ivon the spot.

Usually it's just a payment through a bank account, but they would get USD.

@@ConcerningReality ok thanks so much for answering

when foreign countries come to cash in their bonds, are they given physical U.S. dollars? Yes. Treasury securities must be purchased with USD and redeemed for USD.

They debit the savings accounts of foreign countries who have an account at the Federal reserve called a securities account and credit that countries checking account called a reserve account. Voila, paid back. The US Fed govt pays back 100+ trillion in Treasuries each and every year.

Jayson Fabiyi Give them US dollars.

I think we can say is that they owe more than that. Add the total debt. What they promise but can't pay

30 trillion. Trillion as with a T. It will never be paid off. The credit/debt system is a joke and is broken in my opinion. Fun fact want to know how much 1 trillion seconds is? It's roughly 136,000 years. So yeah that helps put trillions in perspective. 30 trillion will never be paid off. We need a new system. This system is broken and clearly doesn't work. The purchasing power of the dollar has been declining since it's inception.

Hello, the US National debt is nothing but a record of all the USD the Federal government has spent, not taxed yet which sits in savings accounts. In order to pay back these Treasury bonds, the Fed debits a savings account and credits a checking account thru the use of a keyboard. The National debt = assets for the economy. It functions as our net money supply. As economist L. Randall Wray sums it here, “if we want our private sector to save, which almost everybody agrees is a good idea, the public sector must run a deficit.” And what happens when the public sector runs a surplus? The US has done so 7 times, and Wray has an answer: “The first 6 of those were followed by our only 6 depressions.” And the 7th was during the Clinton years, which led to a recession in the early 2000s and then a global financial collapse in 2008. 1817-1821 debt paid down & budget in surplus (depression began 1819) 1823-1836 debt paid down & budget in surplus (depression began in 1837) 1852-1857 debt paid down & budget in surplus (depression began in 1857) 1867-1873 debt paid down & budget in surplus (depression began in 1873) 1880-1893 debt paid down & budget in surplus (depression began in 1893) 1920-1930 debt paid down and budget in surplus (depression began in 1929 1998-2001 debt paid down and budget in surplus (recession 2001 2008)

JFK and James Tobin Nobel prize winning economist. That the Heller council was able to be so influential with Kennedy is attributable in part to the tutorial function it played in his economic education. This is well illustrated by James Tobin's account of one of his sessions with the president. He wanted to talk about economics, economic theory indeed, He wanted to ask me some questions, but it turned out he wanted to give his own answers to them too and see if I agreed, almost as if he were showing how well he had learned his lessons. So he did most of the talking, and my own interventions were largely to confirm that his own answers to his questions were right. There were two subjects; the budget deficit and gold. On the first he said, "Is there any economic limit to the deficit? I know of course about the political limits. People say you can't increase the national debt too fast or too much. We're always answering that the debt isn't growing relative to national income? There isn't, is there? Well, what is the limit?" I said the only limit is really inflation. He grabbed at that. "That's right, isn't it? The deficit can be any size, the debt can be any size, provided they don't cause inflation. Everything else is just talk." Alan Greenspan: “Central banks can issue currency, a non-interest-bearing claim on the government, effectively without limit. A government cannot become insolvent with respect to obligations in its own currency.” St. Louis Federal Reserve: “As the sole manufacturer of dollars, whose debt is denominated in dollars, the U.S. government can never become insolvent, i.e., unable to pay its bills. In this sense, the government is not dependent on credit markets to remain operational. "The United States can pay any debt it has because we can always print money to do that. So there is zero probability of default" said Greenspan on NBC's Meet the Press "Alan Greenspan: "I wouldn't say the pay-as-you-go benefits are insecure in the sense that there is nothing to prevent the Federal Government from creating as much money as it wants and paying it to somebody." Cspan- How can we spend 6 trillion dollars and all the other money Biden wants to spend? How can we afford it? Congressmen John Yarmuth House budget committee chair - We can afford it because we determine how much money is in the system. The Federal government is not like any other user of currency. Not any local state or Government. We issue our own currency and we can spend enough to meet the needs of the American people. The only constraint being that we do have to worry about inflation from that spending. Now so many people say We have so much debt, our grandchildren, its going to be on their backs and so forth, that is not how the way it works, and I think the American people need an education on how the monetary system does work. I remember going back when Paul Ryan was chair of the budget committee and even before all that, all of these forecasts about gloom and doom about how we are going to accumulate so much debt and interest rates are going to crowd out all other spending, we basically doubled the national debt from the recession in 2009 until last year before the pandemic. None of things that people warned would happen happened. We didn't have inflation, we had record low interest rates than higher interest rates and the dollar was trading at normal levels vis a vis other currencies. A lot of economists have begun to say maybe we have been thinking about debt in an entirely different way, Even Fed chair Jay Powell has basically said we have the Fiscal space to do what we need to do right now to make the investments we need to make to build the kind of economy for the future we all hope we will have.

Don’t think so. I think the debt is not scary, what’s more scary is the rate at which it’s keep on rising. There will be a time when another currency will takeover. It could be crypto. It could be some other country with better financial system.

US Dollar is world coupon which everybody uses to buy sell things .. say Pakistan buys saudi oil in US dollar coupons .. So Uncle Sam can print infinite coupons and buy Infinite Stuff from rest of world and not work a day .and inflate their currency and deflate(devalue) other currencies and enjoy good clothes suits made by poor bangladeshi, indian , pakistani and chinese workers

Whoever holds the US Treasury securities.

If America just print money and borrow it out. Then they are really borrowing out paper money not worth nothing. How do they verify that they are lending out real money .Or are the the banking corporation of the world with no check or balance.

@@joeoreilly1479 Countries don't "print money and borrow it out". The central banks buy or sell assets on the market like everyone else. If the value of a countries currency decreases then a central bank may need to adapt the assets they are trying to sell, like increasing the interest rates on the bonds being sold. The "real money" you are talking about is most likely no longer being used.

@@perer005 yea but who does the checks and balances .we know about the bonds market. And Governments of so called state borrowing money and buying a bond from such and such when they could go and borrow it from the people of the state who have money lock up in the banks .Getting no interest surely that's the first place a state should go is to the people .no they go to a bond market . giving big conglomerate bigger interest. corruption is ripe and always has been.we can dress it up no matter way you like.You can't start a bank because of government laws that are against the people but you can bring in vultures funds to buy up every building standing .homes ect you name it they can buy it but we the people have no voice Most of the politician of any country in the world are millionaires. Their interest in first place is money .So tell me do or should we trust them .Look at the interest rate now when prices are sky rocketing not because of anything to do with Europe but because of government borrowing because of the Ukraine problem now how does that work. They deliberately made this problem knowing it's going to break the people into right and left. Problem are made not solved but by the people. But now we the mass have had enough. Time for those who see to speak out. I'm not ranting to you if it sounds like I am I apologise. The media have made those who speak out. To be right wing or racist and label everyone with an opinion So what they sow they will reap .

After the war, everything will be fixed.

Investing is the code for having a successful financial life, investing with the right expert would free you from modern financial slavery. Investing in crypto now is really cool especially with the current price in the market for now

I have loss severally trying to trade on my own. Can someone tell me the best way to win instead of losing more?

@@lea5898 I strongly advise you against self trading, it's really dangerous and has brought many investors down, you need someone with the right strategies and expertise to do the work for you, I recommend Mr fergus Waylen expertise.

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The US has enjoyed the privilege of being the worlds reserve currency, which is what allowed the US to print and barrow as much as it does. Most other countries would have collapsed by now.

@@jeffhurtson5211 that's true. But the world had taken this long to realize the inequitable situation, that they had been had.

Get your facts right. The US Treasury has never defaulted on its debt.

@@DavidEVogel What i mean is, if US is keep going same manner the way it’s now, the debt crisis will even deepen where there won’t be more options left! I know we are not such big persons to discuss! But consequences will be disastrous n terrible! Even though if it won’t default they make some other nonsense options to get out of it. I don’t think so because I know from5 Trillions. it’s going from 5 trillions to now 40 trillions. It’s same to any person or house holders!

sounds like a madoff scam!

Actually nothing. Because the Government would fail to pay itself.

The debt is consistently paid back to the people that bought the bonds, in our current situation debt continues to go up because new debt is being taken out faster than old debt is being paid off, which just means that the size of future bond payments will go up.

sounds like a ponzi scheme

@@surajgiri3828 it is

You are on the right track, it is NOT a debt if you owe yourself as you can not "owe yourself". All Money is an IOU/debt Hello, the US National debt is nothing but a record of all the USD the Federal government has spent, not taxed yet which sits in savings accounts. In order to pay back these Treasury bonds, the Fed debits a savings account and credits a checking account thru the use of a keyboard. The National debt = assets for the economy. It functions as our net money supply. As economist L. Randall Wray sums it here, “if we want our private sector to save, which almost everybody agrees is a good idea, the public sector must run a deficit.” And what happens when the public sector runs a surplus? The US has done so 7 times, and Wray has an answer: “The first 6 of those were followed by our only 6 depressions.” And the 7th was during the Clinton years, which led to a recession in the early 2000s and then a global financial collapse in 2008. 1817-1821 debt paid down & budget in surplus (depression began 1819) 1823-1836 debt paid down & budget in surplus (depression began in 1837) 1852-1857 debt paid down & budget in surplus (depression began in 1857) 1867-1873 debt paid down & budget in surplus (depression began in 1873) 1880-1893 debt paid down & budget in surplus (depression began in 1893) 1920-1930 debt paid down and budget in surplus (depression began in 1929 1998-2001 debt paid down and budget in surplus (recession 2001 2008)

@@henrygustav7948 so true so true , when Clinton balanced the budget and made a surplus it sent alot of the world plunging into financial chaos and hell . This is my own theory but Terrorism against the US was near non existent till Clinton , I'm pretty sure alot of these groups were funded via bonds and suddenly we bankrupted them and they came at us . Zz

And you should get a list (electronic so there's minimal cost) of where the money is going.

Seeming like the likely option - can we declare chapter 11?

@@ConcerningReality Chapter 11 is to protect someone from lender collecting the money by US authority. No one in the world could come to US and demanding returning the $ with our military muscle to back us up. The only consequence we are facing is nobody would trust us anymore.

@l , nice .....where do i sign up?

but what happens if the US pays it all off? Never happen.

wait where do we get money to pay it off

Get you facts right. The US Treasury has never defaulted on its debt.

This was a fairly basic background to government bonds and debt. If you’re really curious about why someone would buy bonds in more detail, here’s a good article from Investopedia on treasury bonds as investments: www.investopedia.com/ask/answers/041515/treasury-bond-good-investment-retirement.asp You can also check out our video on bonds here: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-N_0d35JvuO0.html

Why would anyone think a bond is a good investment Because it is the most secure bond in the world.

Increasing the money supply has nothing to do with inflation. Zero, nada, zip, zilch. We are off the gold standard. The money supply expands and contracts every single day. The money supply has increased by record amounts since 2010-2020 and the Fed has been trying to get inflation to 2 percent and they couldn't even do that. So no increasing money supply has nothing to do with inflation. Inflation is you paying more and someone else getting more. Look to corporate profits in a pandemic and you will be closer to understanding inflation.

@@henrygustav7948 Look up when the us got off the gold standard. It hasn't been on it for years.

@@samuelhorrocks9187 correct since 1933 domestically then 1971 internationally when France tried to demand gold. That is when Nixon ended convertibility completely.

If gov ceases spending it tanks the dollar. Y’all have a oversimplified understanding of money and economics. Not ur fault. The education system did its job. 🤷‍♂️

3 choices politicians have 1. Reduce spending 2.raise taxes 3. Raise the debt ceiling Care to guess which choose those blue / red bandana wearing gangsters default to ?

That will be the end of USA

Bcz if they owe us money why are they allowed to uno reverse that and say well actually you owe us money

The government can always afford payments, it prints its own money. That said, One strain of thought is that we can run endless debt, check out my MMT. The more conservative thought would be we need to lower our overall debt and start running budget surpluses to bring our levels down.

@@ConcerningReality The thing that worries me about printing more money is that we'll eventually need enough of it that it'll have a significant impact on inflation. Too much inflation obviously has some problems, one of which is that it could hurt the government's credit rating and cause the cost of debt to go up, which could lead to everything spiraling out of control.

The global currency reserve is the problem. Fiat currency ALAWAYS comes to an end.............

I used to be appalled by the amount of federal spending, but after some thought…. we have the huge military, and I don’t think we could have been able to develop the technology, or attain the massive amount of machinery (tanks, hummers, choppers, carriers, planes, etc.) without taking the US off the gold standard in 1971. We needed to print money to develop the military. The national debt in the US is rising to a point where I don’t believe we could afford to pay the interest much less start paying it down. The amount owed is going up 100 million $ an hour. So…. if we didn’t print money and stayed on the gold standard, our military defense would not be even close to what it is now. Would Americans be safe? Would we constantly be in wars because we wouldn’t carry such a big stick so to speak, and other countries maybe more likely to try to take the US over. I’m not worried about the draft like my parents had to be. So… IMO, FJB but I can see(if my theory is correct) why he is like, F**k it. Go nuts spend whatever! Build back better b!tche$, where is the bathroom!

When America shut down bc of covid the world was fine but when China shut down 1/3 of the world stopped normal day life who really controlled the world most the good come from China

I'll suggest you find a mentor or someone with experience to guide you especially in this recession.

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And Zeitgeist 2 even more... 👍

I'm off grid - I'm a neither...