This program of fiscal suicide is already under way. The Federal Reserve announced a few weeks ago that it would begin buying up to $80 billion a month in U.S. debt, continuing indefinitely.
At the same time all this is going on, the government insists it needs to confiscate an ever-expanding portion of your income in order to increase “government revenue.” Current federal tax “revenues” (which is a warped word to use for taxes in the first place) are at roughly $2.4 trillion a year.
But hold on just a second… and here’s the IQ test, are you ready?
If the Federal Reserve can just create trillions of dollars a year in new money and hand it over to the federal government, then why are tax revenues needed at all?
Answer: They aren’t.