What if I told you the U.S. government pays its bills with money it doesn’t really have? That it borrows by issuing bonds — and then buys those same bonds with money created out of thin air? This is the hidden financial trick that keeps the American empire running.
In this episode of The Financial Historian, we break down how the U.S. debt machine actually works. From Alexander Hamilton’s first bonds to the creation of the Federal Reserve, from World War II financing to Nixon ending the gold standard, and from the bailouts of 2008 to the pandemic stimulus, the story is the same: America survives by borrowing from itself. We explain how Treasury bonds, the Federal Reserve, and global trust keep the dollar alive — and why ordinary citizens pay the price through inflation and shrinking savings.
This isn’t conspiracy. It’s economic history. And it raises the question no one in power wants you to ask: how long can the bond trick last before trust collapses?
Credit to : Financial Historian