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Cracking the Scams Of America's Debt : Profit Economics : Book 96 - Hak Choi

Cracking the Scams Of America's Debt

By: Hak Choi

eBook | 22 December 2024

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America's debt has been rising. If you owe a debt, you must repay it. If you cannot repay the debt, you should at least pay interest. That is what happening in the US. The US government did pay the interest, and the Federal Reserve remitted part to the government. In order to get more rebates, the government borrows more debt. As the debt grows bigger, the deficit this year looks insignificant. Moreover, US debt are used as an excuse to raise taxes, interest rates, and tariffs! How nice! This book exposes a string of scams associated with US debt!

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