Senate passes ANOTHER extension of the debt ceiling

in #economic7 years ago (edited)

Trump worked with democrats to extend the debt ceiling AGAIN and tagged it with $15 billion dollars in Hurricane Harvey funds. I voted for Trump and support emergency funding. But these lawmakers need to get it together and figure out Americas debt. They are destroying the dollar.
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Every time they do this and kick the can down, we climb in debt. The economy is not as great as the news claims. I'll be looking for more avenues to exit the dollar.

Photos taken from Trading Economics.

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The debt ceiling debate is a joke if you understand debt based monetary policy and how the fed creates the "money" (rightfully called currency) today. I would recommend watching Mike Maloney's entire series on youtube, but in particular his one about how the USA creates it's "monetary system":

President Lincoln was the only president to issue real paper currency with out any interest through congressional approval and minted/printed by the treasury.

All other systems have used a fiat banking system that is controlled by the same crooks that get us into all these problems!

Thanks for sharing, I do agree Trump is helping do what he can but we NEED to go back to a SOLVENT system! Debt based fiat currency CAN NOT ever reduce the debt ceiling, it is mathematically impossible!