Bill’s Commentary:

“True story!”

Venezuela’s Stolen Gold but Guess What? One Venezuela a Day Won’t Even Dent America’s Debt Principal

A $4.3 billion Venezuelan gold haul barely covers one day’s interest; even daily plunder would feed the debt machine, never reduce its principal.

At the current average interest rate of about 3.6%, a debt of $39.9 trillion adds roughly $4 billion in interest every single day.

Washington has discovered the ultimate perpetual-motion machine: borrow money, print money, use the printed money to buy the debt you just issued, then congratulate yourself for “managing liquidity.”

Read more here…

Bill’s Commentary:

“Never forget…”

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