The Secret Reality of How The US Economy Wins And Fails

(Don't know what m0 and m1 are? click here)

(For Source Links on m0, m1, $131T in assets, etc., see this post; the $17T debt link is rounded up)

-WIN-

• the m0 can be increased easily by selling over $100T in financial instruments to foreign investment firms for cash to act as American reserves (after the currency is exchanged for dollars)
• the m1 can serve investment firms as fuel for their financial investment empire; all they have to do is convert the national debt and/or profits into the 10% reserve for spending over $100T into what is essentially a "pour money into a hole" project.. but then again if foreign investors will honor it as a legitimate financial asset, then I guess it's not bad at all.
• the threat of a bank run (everyone cashing their checking accounts) is laughably innocuous, to the point where we're rich off the fact that we're covering the credit defaults of the entire world

-FAIL-

• to levy taxes in any kind of way that actually stands a chance of paying off the national debt, the IRS would have to either a) ask the Fed's owners to bring them back lots of cash from selling off their financial instruments or b) just assume that devaluing the global exchange rate of the dollar is basically as good as the same thing. (obviously both of these scenarios are unlikely given the racketeering in politics.)
• the Fed could practically effortlessly bankrupt America any time it feels like, just by pouring a ton of money into its financial asset investments, without replacing the reserves (just explained how easy it is to replace m0, but my point is: they don't have to do that if they're assholes)
• the average American is COMPLETELY FUCKING CLUELESS as to how the American economy actually works, unless they have a non-libertarian/real understanding of what m0 and m1 are, as well as understanding how their country could be worth $131T in financial assets (the whole thing is completely unreal to them, so they will easily elect anybody that does a shitty, non-existent, or misleading job of explaining it to them)

:PLEASE NOTE:
In this blog post, I use the term "m0", but in reality, it might literally be the MB (monetary base). This is not meant to be misleading, but in the event that you doubt me, please consider this chart proving that in the event of a bank run, there is sufficient reserves to cover the entire m1.