Message from @Timeward
Discord ID: 688017267904217149
***FUCK YES GIMME ALL DAT POO PAPER***
Do they open the doors to a vault?
Its basically just a big cash reserve they have, like a savings account @Timeward
@SideTracker so basically they just start spending it
Yes
I see.
@Timeward basically
I assume this emergency fund is accounted for in the budget
They open up a set amount of money to be spent on public works and shit
Its specifically for emergency use @Timeward
Build a stadium or something dumb
Creates jobs
And a healthy economy
@SideTracker yeah but I assume its accounted for in the budget no? Or at least some budget placed it there
build nukes
launch them at China
i mean
Yes its accounted for in the budget
Its just tax money that gets put aside
@Timeward probably discussed with the house and senate on appropriating those funds by giving the president a spending budget
Idk the ins and outs if it i just know the basic
Also it isnt just tax money i was wrong
The government also does loans to other countries and invests in shit like any other bank
Yes
Oh so its also interest
The interest and dividends fill the reserve
And boy the us can cash in loans to a LOT OF COUNTRIES
And then the rest gets put in the national treasury
<:pot_of_kek:544849795433496586>
The US has debt to pay... But how much do other nations have to pay the US?
If you want to profit just loan money to small european countries
And small south east asian countries
And small african countries
Maybe this is what the whole debt economy is for. Emergency funds.
Basically anywhere that cant pay their loans quickly