If you run out of money will they foreclose on your house? Will they take your car? Remember that the bank created the money to purchase your home out of thin air. The treasury authorized the Fed to create money to buy your home, car, credit cards, student loans, all your debts. If the debts were not paid, Who is out the money???? The banks did not own the money they lent out, it was authorized out of thin air because you agreed to pay on a contract. That contract was a promise to pay or you will forefit your interest in the goods. The banks don't want your house, car, etc., They want your interest payments. I worked at a Bank writing software for internal payments to loan officers. When a bank says they are valued at 4.5 billion, that means that they have 4.5 billion in outstanding loans. It DOES NOT MEAN they have 4.5 billion in cash.
15 months is wishful thinking. They're doing a speedrun.
You forgot flatten the hopes and dreams of a lot of America's youth
If you run out of money will they foreclose on your house? Will they take your car? Remember that the bank created the money to purchase your home out of thin air. The treasury authorized the Fed to create money to buy your home, car, credit cards, student loans, all your debts. If the debts were not paid, Who is out the money???? The banks did not own the money they lent out, it was authorized out of thin air because you agreed to pay on a contract. That contract was a promise to pay or you will forefit your interest in the goods. The banks don't want your house, car, etc., They want your interest payments. I worked at a Bank writing software for internal payments to loan officers. When a bank says they are valued at 4.5 billion, that means that they have 4.5 billion in outstanding loans. It DOES NOT MEAN they have 4.5 billion in cash.
More like 6 months and then 9 more to stomp them into obliteration.