Joij21
🔥Hail Satan!🔥
When the government drops $3500 in my bank account every month from SS, there is no paying it back.
Your SS isn't free. It was payed for by taking out some of your money from your paycheck when you were working. Money which entered circulation from government stimulus payed for by treasury bonds purchased by the Federal Reserve which in turn printed those dollars. The government now owes money plus interest back to the Federal Reserve when the bonds mature. Who pays this? Everyone via taxation.
Money comes in via stimulus, goes out via taxation. Just like the bills that are eventually due via a credit card. It's all debt, that's how fiat works, because without artificial scarcity your money would have no intrinsic value. It's just paper strips and ones and zeros within a circuit.