Footnote † from “The Debt Ceiling Explained”
Of course, the President doesn’t personally borrow money. Really, the Department of the Treasury, that he oversees, issues debt on behalf of the US government, and fully explaining the process by which the government issues debt in the same department that both prints new cash and collects taxes quickly leads to questions about money’s existential nature. So, for simplicity’s sake, let’s just ignore that for now.
FOOTNOTES
Not mentioning the federal reserve does what the treasury department should be doing***
where these the invisible annotations thought the old videos? Thanks for listening them although its a shame you had to.
What's with all the comments that are older than the video?
These footnotes are not that. CGP Grey comes back from the void with half a dozen footnote videos, and they're all going to be on YT Trending before we're done with them.
It’s Greysmas!!
yeah, we don't want to acknowledge capitalism is broken, that would be bad.
Wait money is a myth?
Why did all these get listed all of a sudden
WHAT THE FUCK HOW ARE THERE COMMENTS FROM YEARS AGO WHEN THIS WAS POSTED TODAY, FEBRUARY 4, 2019???
HAS TIME TRAVEL BEEN INVENTED? IS IT A GLITCH? ARE WE NOT SUPPOSED TO KNOW? DID SOMEONE ALTER THE PAST SO WE SEE THEM? WHAAA
Oh my fucking god he posted so much in one day usually takes 3 months oh yeh yeh
Footnote: His uploading spikes.
Will CPG Grey go into the nature of money, central banking, and Austrian vs. laissez faire economics!?!?!?
CPG Grey PLEASEEE
I had to watch this at least 10 times for me to understand what he managed to say in that less-than-20-minute timeframe
I’m so confused
Binging these footnotes is great.
Is that a story for another time?
CGP Grey really throwing all the popular youtubers off their game with those 7 uploads in one day
Nononono please don't just ignore that, that's a super important topic. The only online media that goes into significant depth about money creation is the Zeitgeist movies, which have… other issues.
What? This footnote published today has comments 3 YEARS OLD??? WHAT?! Edit: Comments 6 years old?!
none of these showed up in my subfeed?
The federal reserve is a private bank
I'm looking at my my notifications like, What the fuck?
I was expecting at least 3 more years
FOR NOW
Wait where did all these footnotes come from ?
I agree
Yea totally disliking these footnote videos. Especially since it's been a while since I've seen the videos they're referring to. I think it's ok to include a footnote clip at the end of the full video.
In case you don't want to ignore that: https://www.youtube.com/watch?v=TDL4c8fMODk
zeitgeist… shit.
7 footnotes in a day? something is weird here
Best 17 seconds of my life
Thats the whole modern scheme… Ahhhh It kinda Works… Ima kinda slave but freedome is so confusing… For simplicity lets forget about How the scheme Works… Since It kind of works its better than the hard work to really understand It and when u understand is sooo f depressing ignorance is bliss
Noo this needs to be out there
Please explain more about treasury issuing the debt to printing the money
What is money?
the treasury hasnt printed cash in over one hundred years. thats the federal reserve
yeah, theres a full video detailing this called the Collapse of the American dream explained in animation that can be found just by typing it in on Youtube for anyone who wants to learn more about this