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The joke of US dollars and US debts

December 19, 2024

Thank God! Yesterday I was chatting with a sister and she asked: Why did another sister’s child become so outstanding? Forgot to tell her: I have prayed for several children from single-parent families, thank the Lord! These children of single parents are really outstanding now! Taking the bus and subway into Manhattan yesterday, I must say: There are many young people in New York, and Christians must get involved.  We have a big harvest field! If we want our teenagers to turn into wheat, we must water them the same way we plant wheat! If we don't "water" our youth as we sow wheat, they will become tares! I hope that each of us will do our best for these elite soldiers of God’s kingdom, help and shepherd these teenagers, and let them become elite soldiers of God’s kingdom! Let's get moving together! Christians in New York are the most blessed Christians. God has given us a large field and we can work hard to water these teenagers! Whether they are Christians or not? Regardless of their family of origin? These are the most precious gifts God has given us!  Is it difficult to preach the gospel? Preaching the gospel is not difficult at all! Preaching the gospel is like giving food to people in a famine! The "gospel" is the manna God gives to people!  The children of this generation and we all face: "spiritual famine"! Therefore, the gospel is the best and most beneficial food for spiritual hunger!


Today I want to talk to you about "the joke about the U.S. dollar and U.S. debt"! The whole world knows that the U.S. debt has reached "36 trillion US dollars"! And we also know that the interest on U.S. debt is "one trillion U.S. dollars a year." What is this concept? The annual fiscal revenue of the United States is: 4 trillion US dollars! This means that 25% of fiscal revenue is used to pay interest on U.S. debt! Musk should see how I account the US debts? What Musk’s Government Efficiency Unit Should Know: America’s Revenue and Spending! Let me tell you first: fiscal revenue! The interest paid from the U.S. Treasury bonds is already higher than "military spending"!  The United States’ “military spending” is the highest in the world! Everyone, please remember: The United States has the highest "military expenditure" in the world!  The US’s 4 trillion U.S. revenue income comes from “taxes”. What does this mean? An average middle-class person needs to pay $50,000 to $60,000 in taxes per year! I thought: This should be normal! In the United States, 60% of the population live in poverty. After deducting the drug addicts and the elderly and weak children, the middle class should pay 50,000 to 60,000 in taxes per year!  Do American capitalists pay taxes? Capitalists are very good at "tax avoidance"! Trump only pays $1 in taxes a year! Is this reasonable? This is quite reasonable! When we know how capitalists exploit middle-class Americans, we will feel that Trump’s tax of $1 is reasonable!  Why is the US fiscal revenue incomes of 4 trillion not enough?  Why does the United States still have the debt of $36 trillion? We have to think about this: Where is the US’s 4 trillion fiscal revenue spent? If we use the concept of middle class taxation, I can tell the American people: The taxes paid by the middle class in New York should account for 50% of the U.S. fiscal revenue incomes! Why am I so sure? Because how much money does Wall Street make?


Why do I say: The U.S. dollar and U.S. debt are the jokes? Very simple! I want to ask everyone: How much does it cost in "USD"? What is the underlying asset of "USD"? What is the US dollar anchored to? The “US dollar” cost is the printing cost! What is the US dollar anchored to? What is the US dollar not anchored to? "US Dollar" is the credit bond of the United States!  What I find very interesting is that since the "US dollar" is the credit bond of the United States! Why does the US dollar have "interest"?  And the United States pays $1 trillion in interest every year! $1 trillion in interest means that 25% of U.S. tax revenue is paid in interest! I want to ask: Does anyone know how many high-speed rail lines can be built with "one trillion U.S. dollars of interest" every year?  How many Americans can "one trillion dollars in interest" support every year? I no longer want to slap Trump in the face! His face was swollen enough. If I slap him in the face again, he might turn into a pig head! He has been targeting "illegal immigrants"! Let’s not count the benefits brought by illegal immigration! Let’s do the math first: Has illegal immigration cost more than a trillion dollars?


Why do I care so much about the interest on this trillion-dollar U.S. debt? Of course I care! The US$36 trillion is the “USD debt” issued by the US government. The US government bears US$1 trillion in interest, but what about the American people? Have you ever calculated how much "interest expenses" a family in the United States bears every year? I have just said: The US dollar is the credit bond of the United States! The cost of the US dollar is the "cost of printing money"! That is, the cost of $10,000 USD is $100 USD (one-time printing cost)!  How much interest do banks and ordinary Americans charge? The bank charges $700 interest per year on $10,000! What does this mean? The Fed prints $10,000 and can earn $700 in interest every year!  This means that the more US dollars the Fed prints, the more interest it earns! I want to ask: Whose pocket does the Fed interest go to? Of course it’s not going into the pockets of the U.S. government. The U.S. government pays “one trillion dollars in interest” every year, and the interest keeps compounding every year! What’s very interesting is that the U.S. dollar is clearly a U.S. government credit bond!  The U.S. government prints US dollars with credit! Is it reasonable that the US dollar interest goes into the bank’s pocket? This is completely unreasonable! Trump is funnier! Bitcoin replaces US dollar! Only brainless governments in the world believe that Bitcoin can replace the US dollar! What does Bitcoin replace the US dollar? Why should people all over the world believe in Bitcoin? I don’t believe in Bitcoin! I will hold US dollars because I believe that the United States has gold!  If there is no gold in the United States, who will hold US dollars? People who hold Bitcoin are a bunch of fools! Bitcoin is worse than stock paper! Stocks and scrap paper are plastered on the wall, but what can Bitcoin do?


The American people need to understand: The U.S. dollar is the credit of the United States!  The "US dollar" is only the printing cost! This is why we have such severe "inflation"! The credit value of the United States cannot exceed "4 trillion US dollars"! The annual fiscal revenue of the United States is only "4 trillion U.S. dollars"! The United States now has no surplus every year. The way the United States can repay its debts is to sell assets, or the United States declares bankruptcy! "36 trillion US debt" may not have reached the threshold of bankruptcy! The goal of the capitalists is to make the U.S. government $100 trillion in debt and the U.S. go bankrupt again! What will happen to “$100 trillion in U.S. debt”? We will all be killed by inflation!  Why do capitalists earn interest on U.S. debt? And what about the burden of US dollar debt by the American peoples?  My advice: America is bankrupt now! The new US dollar must be anchored to gold! There are some mysteries in this, and the number of words is limited. If I have a chance, I will tell you why the new US dollar must be anchored to gold? America Bankruptcy is the only way to end high inflation!