this post was submitted on 29 Mar 2024
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chapotraphouse

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[–] Kaplya@hexbear.net 15 points 1 year ago* (last edited 1 year ago)

I remind you that in 2023 alone, the US treasury printed $1 TRILLION dollars to pay interests thanks to the 5% Fed fund rate, most of which went to the rich people. Meanwhile, poor people had to pay so much more in debt due to the interest rate hikes, through which the wealth continues to be funneled to the very top 0.1%.

These are just commission fees to thank Biden and his administration for doing such a good job.