Lyrics Lootkemia - Chuuwee

Let's say the United States needs money.
Instead of issueing there own United States notes backed by their own credit they issue treasury bonds.
They then sell these bonds to the Federal Reserve which buys them with money they created out of thin air.
The money that the Fed creates then goes the US. The US then pays interest on the money the Fed lends to the Treasury.
So to clarify. The Feds creates money out of nothing loans that money to the US and then charges interest on that money.
What this means is that there is and will never be enough money in circulation or in existence to pay off that debt.
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