perhaps he had great knowledge of the workings of medicare/medicaid and its fee structure $152 trillion in promised medicare payments (aka unfunded liabilities) a lot of transactions to skim there this is the fica ponzi i always talk about wait until us taxpayers figure out that the payroll taxes collected for social security, medicaid and unemployment are then used to purchase specially-issued, non-marketable us treasuries (aka government account series) and the us taxpayer is then charged interest on these us treasuries bought with their payroll taxes.  this is called the intragovernmental debt and is included in the us public debt. the interest that we pay on intragovernmental debt is in the left hand column in pic related and the other interest paid to borrow the federal reserves currency in exchange for us treasury debt (these are called public issues -aka debt held by the public) is in the right hand column of pic related  pic related is total interest paid on us treasuries for fy 2022 to borrow the federal reserves private currency in the form of bond debt (debt held by the public + intragovernmental debt = us public debt) $718 billion in interest paid $718,000 million in interest paid $718,000,000,000 in interest paid to issue their federal reserve note out of thin air in the form of bond debt in fy 2022
United States