this post was submitted on 04 Oct 2024
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There's a kernel of truth in the nonsense.
The US government issues Treasury bonds. The bonds have value because everyone knows the US government will pay them back with interest.
The government gets its money to pay back Treasury bonds from taxes. If you take all the future bond payment owed and divide it by the number of tax payers, you get an average amount of value that each tax payer is worth.
Sovcits think they can claim that potential value instead of the government selling the value of taxpayers as bonds.
The best bullshit is always based on a sliver of truth