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Showing posts from July, 2021

rfg

 $4 TRILLION DOLLARS ! On average that's how much the American economy grows annually. That's, on average, how much new value is created each year by the American economy. 330 MILLION! That's the approximate population of the USA in 2021. So, if you divide $4 trillion dollars by 330 million people, you'll find that, on average, the American economy grows at the rate of $12,000 per person, annually. With those figures in mind, let's explore what happens if the Federal Reserve, through local banks, issued $12,000 worth of CAPITAL CREDIT at ZERO PERCENT INTEREST to every man woman and child in the USA, ANNUALLY? My question at this point is, has any money been spent? The answer is NO MONEY HAS BEEN SPENT! All that's happened is that there's been $4 trillion dollars of capital credit issued, all of which is just WAITING TO BE SPENT. Note here that CAPITAL CREDIT is different from CONSUMER CREDIT because it can only be used to purchase wealth producing capital a