The US borrows money by issuing US Treasury Bonds. The number one buyer of those bonds is the US government, mostly the Social Security Administration. We borrow from ourselves and pay ourselves back yet we’re told Social Security is insolvent. Yeah I don’t get it either
The US borrows money by issuing US Treasury Bonds. The number one buyer of those bonds is the US government, mostly the Social Security Administration. We borrow from ourselves and pay ourselves back yet we’re told Social Security is insolvent. Yeah I don’t get it either