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It's a simple question with a simple answer. I'm guessing no one will know. I surely don't know. Although, I have a conspiracy theory/guess about it.

Consider the amount of money (I use that term very loosely) that has been siphoned off taxpayers for decades. I refuse to calculate the amount because I'd get cognitive dissonance once I saw the number.

What is the money being used for? Certainly, it's not being stuffed in a vault. It's being used for something.

It's like the middle class neighbor next door all of a sudden getting a boat and an exotic car. You'd see it. But we do not see anything. Interesting.

It's a simple question with a simple answer. I'm guessing no one will know. I surely don't know. Although, I have a conspiracy theory/guess about it. Consider the amount of money (I use that term very loosely) that has been siphoned off taxpayers for decades. I refuse to calculate the amount because I'd get cognitive dissonance once I saw the number. What is the money being used for? Certainly, it's not being stuffed in a vault. It's being used for something. It's like the middle class neighbor next door all of a sudden getting a boat and an exotic car. You'd see it. But we do not see anything. Interesting.

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[–] • 5 pts

About 78% is held in treasury bonds by foreign and USA entities. The government sells these securities on a regular basis to finance the debt. The remaining 22% is owned by the government to itself, and is a whole class of clusterfuck on it's own.

It's turtles all the way down here.

[–] • 5 pts

It's turtles all the way down here.

funny way of spelling jews

[–] • 3 pts

Clutchie gets angry when you don't spell it to his liking.

I get amused when s/he gets angry.

[–] • 0 pt

Schlolo's shell is made of foreskins.

[–] • 3 pts

Don't forget china. They get a nice fat check from us as well.

[–] • 3 pts

foreign

I didn't forget China.

[–] • 2 pts

No, I'm asking where are the payments going? The central banks presumably receive the interest payments. Where is that money going? Ok, perhaps they "lend" that to other governments, but that's a lot of money we're talking about.

Then imagine what would happen if the currency was debt free.

[–] • 2 pts

Interest is paid to the bond holders.