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How The System Keeps YOU POOR! (Money Myths That Keep You Broke) | Jaspreet Singh on Impact Theory

Tom Bilyeu's Impact Theory

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How the Government Funds Its Spending

The government spends money obtained from taxpayers because it is not a for-profit entity. When they have more expenses than income, they can borrow money through treasury bonds. However, if there aren't enough lenders, they turn to the Federal Reserve for loans. This allows them to continue spending, but it increases the government's debt.

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