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It has also been written that the easiest way to overthrow a government is to debauch the currency. Hyperinflation is the prerequisite for national default.
The funds from U.S. Treasury securities for roll-over and deficit spending auctions, and any related activity they wish to claim, is exclusively handled by the Federal Reserve Bank of New York as fiscal agent for the government. Ref. 31 USC #375.3. The accounts have never been audited.
As bond rates are at historic lows (more difficult to sell), and deficit spending is at an unprecedented high (requiring the sale of more bonds), and the economy of the U.S. is reeling from a Covid-19 affect (the tax base has imploded), Congress and Biden are proposing humongous deficit spending. Does a crisis of debauching our currency loom ?
Conspiracy Daily Update 
It has also been written that the easiest way to overthrow a government is to debauch the currency. Hyperinflation is the prerequisite for national default.
The funds from U.S. Treasury securities for roll-over and deficit spending auctions, and any related activity they wish to claim, is exclusively handled by the Federal Reserve Bank of New York as fiscal agent for the government. Ref. 31 USC #375.3. The accounts have never been audited.
As bond rates are at historic lows (more difficult to sell), and deficit spending is at an unprecedented high (requiring the sale of more bonds), and the economy of the U.S. is reeling from a Covid-19 affect (the tax base has imploded), Congress and Biden are proposing humongous deficit spending. Does a crisis of debauching our currency loom ?
An analysis of how the Fed is structured to hand the assets of the US to financiers during default has been compiled.
Ref. https://ppjg.me/2020/07/22/the-federal-reserve-for-dummies/
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