zaxxon: Where does the Government keep all that money?
Ok, everything on the news is about the huge amounts of money that the Government is injecting into the system. Billions and billions and billions of dollars.
Is this money actual printed money, or is it just e-money located somewhere? If it is actual printed money, where do they keep this unimaginable amount of cash? The Treasury Dept? Is there a vault somewhere? And finally, when the Gov decides to give this money out, do they wire-transfer it from the Dept of Treasury or so?
Answers and Views:
Answer by N. Cognito
Most of our money is only stored as binary digits in computers.
I have the money in my mattress,Answer by Techno Destructo
It’s probably wire transfered and printed.Answer by Hushyanoize
Money (cash) is only in amounts necessary to conduct commerce on a daily transactional basis. The rest is tracked by computers, but the total amount must be able to be accounted for. For instance, if it were necessary to have it all in cash, the government would have to actually print it. But that is not the case, as it is quite burdensome. As well, whether or not it is in print, does not mean that it does not exist. It does.Answer by Zee B
the money is ‘pre’ claimed ADDITIONAL taxes against your future income, your child’s future income, your grandchild’s future income, and likely your great-grandchild’s future income.
so there will be regular taxes and this ‘stimulus’ money on top of it for generations to come.
you don’t get to say no way, nor do any future generations get to say no way. only your congressional representatives or senators can vote against it.
moral of the story: BE CAREFUL WHO YOU VOTE FOR
Answer by 100% AmericanOut of our pocket.Answer by El Terrorista
They’re just printing it. It doesn’t exist until it comes off the presses. It is now being backed by nothing.Answer by Moose
Like the housing crisis. They (Congress) is telling you to live within your means (Presumably, so they can seize your savings and investments) while they do not.
They get the money through taxes and borrowing from other countries. The borrowing comes in the form of bonds. Presently 15% of our federal budget is paying off the interest alone on our national debt. We haven’t touched any of the principal yet.Answer by TimHarris_011MLBstar
maybe give to their kids cuz shoot, they dont care about us.. were jus here to die and be treated wrong… well certain ppl..” minorities
if you wanna make a change like Tupac, MLK, or Obama please join my yahoo group and let your voice be heard……. or read
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