Jimmy Dore Sounds Alarm on Accelerating National Debt! Does the national debt even matter?

9 months ago
86

Jimmy Dore is close to understanding the monetary system and just needs some coaxing to get over the finish line.

The national debt isn't as big of a deal as everyone makes it out to be. The Federal Reserve is a public institution. The interest on the "debt" held by the Federal Reserve gets paid to the US Treasury. National debt = private sector savings. These economic heresies and more within!

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Original Video Link:
https://www.youtube.com/watch?v=kTDH7mPn3EE&t=88s&pp=ygUYamltbXkgZG9yZSBuYXRpb25hbCBkZWJ0

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