I thought that interest was the tax on debt?
As for the figures:
"If we use the say 8 billion of the 9 billion Abbott gave to the RBA and sell our reserve GOLD BULLION which is held in London then approximately that will give us:
8,000,000,000 +
3,078,400,000
Tot = 11,078,400,000"
Awesome, where will get the other 439 Billion to off the fed's debt and a similar amount for the state govcorps debt? The sad part is that most of us have been conned (again) into believing that the debt is our and not theirs. Suckers.
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I thought that interest was the tax on debt?As for the...
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