Comment Re: cut the grift (Score 1) 76
"every dollar the privately owned Fed prints out of thin air (with no gold standard backing it), is borrowed into circulation by the US Treasury. The Fed buys government debt, payable with interest, with money it creates out of thin air. The US government then grants this money to companies like Tesla. And taxpayers are left holding the can for generations"
Remember ehen the Fed bought private assets in 2008 and 2020, not only US Treasuries, so it was gauranteeing privately-created debt too?
How are taxpayers left holding the can, when taxes if anything have gone down since 2008?