By: Bob Carlstrom
We all know government spending is out of control, irresponsible, indefensible. Even now, with the national debt topping $28 trillion, President Biden and congressional Democrats blithely breach their fiduciary and stewardship duties, pushing trillions more in spending. The White House and Congress know our accelerating national debt is “unsustainable.” Still they ignore it—and the extraordinary interest that grows on it, shackling America’s future.
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They don’t care!
The federal reserve is the issuer of our debt. They are the lenders of the US Money fund. And soon, they will call it all in. Let’s not forget the federal reserve is NOT part of the government.