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Curlyjo Robbie
Liberty Vault
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Comments by "Curlyjo Robbie" (@claztube) on "Liberty Vault" channel.
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IDK how US $'s are moved to another nation. What I believe though is it has been "piece-meal" allocations over a two + year period. How does our Fed borrow reserves when the balance sheet is in the red? Can we understand it's borrowed with interest that goes along with the principal? The Federal deficit is so huge that even at 1% interest on 36 soon to be 37 trillion one can bet their bottom dollar that if the amount is 180 billion the US Treasury is on the hook for another 100 billion or more over ten plus years of interest due if one considers our total outstanding debt. p.s. Google tells me 1% of 37T = $370B. Now CBO projects over the next ten years if current laws remain intact, the interest we as taxpayers are on the hook for is $13.8 trillion. Query: If the $180B is or was to be a loan to another country should our Treasury loan the principal to the borrower at 1%? Answer: Only if the Treasury is run by morons. The interest on a loan of $180B at 5% over a ten-year period is $90B Here's the point. The discussion over how much the US treasury has doled out is not in perspective during simple conversation. If we consider US tax Dollars (monies) spent, loaned or gifted in summation, from this war, well exceeds $180B. Let's be honest, the US taxpayer is on the hook for easily $500B if all factors are considered.
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