FEDERAL RESERVE SYSTEM

The American dollar is roughly $32 trillion in the hole and central banks around the world have continued the de-dollarization of their assets. We've been in a trade deficit since 2001. Public debt currently sits at 95% of GDP. Inflation is on the rise and food and energy prices are climbing. With the destruction of the Nord Stream 2 pipeline, expect energy prices to spike during peak travel periods. Americans credit cards swipes are on the rise. Savings accounts are being depleted. And the average American does not have $500 in their bank account for an emergency. 

Isn't it time we all stop living paycheck to paycheck, homeless, starved, beaten, censored and treated like garbage? It is time for some real change in this country. Vote for me, Andrew Conboy, write-in candidate for President of the United States of America. I want to truly unite all parties and make us One Nation Under The Stars. 

I want to give each American their money back that the Federal Reserve and U.S. Treasuries owe them. Just before September 11th, 2001, Donald Rumsfeld got on national television and said there was $2 trillion dollars missing or unaccounted for in the federal budget. There was building of accountants working on the paper trail to find the missing money. It was destroyed on September 11, 2001. This building was not the twin towers. But in fact, this was World Trade Center building 7, which was nowhere near the twin towers. If we examine the video of WTC building 7 falling down, it looks like a demolition. And demolition experts have testified that is the only plausible answer. Our government still cannot provide a scientific analysis of why a building full of investigative accountants fell down blocks away from the twin towers. We must ask why?

Where does all of We the People's money really go? Have we have asked for receipts? Maybe it is time we all start following the money. 

The United States federal budget is astonishing. Nearly 5% of the worlds GDP gets allocated to it. 

Two thirds of the federal budget spending is allocated to four categories. They are defense, Social Security, healthcare (Medicare, Medicaid), and interest rates on past borrowing (mortgage debt/public debt). This means a large portion of taxpayer money goes to defense contractors, the military industrial complex, big pharma, insurance companies, hospitals or HMOs, and international banks and money lenders. 

Every other category in the federal budget is agriculture, anti-poverty programs, benefits for retired federal workers, international spending, space and science, energy, natural resources, commerce, housing, community development, transportation, education and training, veteran's benefits, law enforcement, and expenses for running the government such as salaries and computers. 

If a government spends more than it taxes, there is a deficit. If a government taxes more than it spends there is a surplus. The single biggest factor driving the deficit is healthcare costs. Again, this taxpayer funded money goes directly to big pharma, insurance companies, health corporations and HMO's.

It is my belief our federal budget needs to start actually investing in the American people, especially the people who truly need it the most. And stop sending billions to countries like Ukraine. We need to start investing at home in clean food, shelter, water, and energy technologies that can give every American man, woman, and child true freedom. We can all live in a very comfortable and abundant society with advanced technologies for the entire population if we choose to. We must include 100% of the population, not just the 0.01% who control us.

We must analyze our macro and micro economies at home and abroad with the purpose of making significant changes to improve the quality of life for our entire population.

The balance of trade comes down to simply this. If exports are bigger than imports that is a trade surplus. If imports are bigger than exports that is a trade deficit. Merchandise Trade Balance is what economists call it. Protectionism is defined as the restriction of imports from foreign nations. Since 2001, the U.S. has been in the deficit. 

• MONEY = A MEDIUM OF EXCHANGE, A STORE OF VALUE, A UNIT OF ACCOUNT.
• MEDIUM OF EXCHANGE = SOMETHING THAT CAN BE EXCHANGED FOR WHATEVER IS FOR SALE, U.S PAPER MONEY. IF YOU OWE DEBT, YOU CAN LEGALLY PAY WITH THESE PIECES OF PAPER.

There are three basic questions of economics. What should be produced by a society? How should it be produced? Who gets to consume what is produced? Elasticity is how taxes affect the quantity of demand, for example cigarettes. The elasticity of demand is defined by the percentage change in quantity demanded divided by the percentage change is price. Inelastic demand is when the percentage change in quantity demanded is smaller than the percentage change in price. For example, 10% rise in price might cause quantity demanded to fall by 5%. Demand for insulin is inelastic. Demand for cig smokers who are well and truly hooked is inelastic. If you have a cold, you can choose the generic cough medicine over the name brand, so it is not an inelastic good. If demand for orange juice goes up, people substitute vitamin c, so it is an elastic good. Supply is a relationship between wage and the quantity supplied. The supply of labor shift is caused by something like a rise or fall in population, or a demographic shift within a population. China has an aging population with more laborers leaving the workforce than joining it. Their labor supply will fall due to the One Child Policy of the communist party. They will eventually run out of labor and destroy the real estate market. Same thing is happening in America and across the world. Humans are having less babies around the world. Gross Domestic Product (GDP) is the standard measure of a nation's economy. It is defined as the total value of final goods and services produced in an economy in a year. Economic growth compounds over time. If you have a steady population growth, there is a formula for predicting the future value of an economy. You take its present value and multiply it by one plus the growth rate of the economy, raised to the power of the number of years in the future. Inflation eats away at what your paycheck can buy. CPI or Consumer Price Index is the common measure of inflation calculated by the U.S Bureau of Labor Statistics on the basis of the Consumer Expenditure Survey. PPI or Producer Price Index is based on the basket of goods producers buy, such as steel, oil, raw materials, or equipment. WPI or Wholesale Price Index looks at wholesale prices retailers pay. Keep in mind these are formulas created and run by leaders of our government agencies and finance system. They are usually not very honest people when it comes to the economy. They do a lot of what we call mansplaining. Hyperinflation is when inflation reaches 20%-40% a month or more. It seems as if we are heading in this direction in at the tail end of 2023 and heading into the 2024 election leap-year. Did you know the government sets aside eight ounces of gold for each American child born. And they are supposed to store it in our gold reserves? Why so much inflation then? It is our time to be the best team America. 

Let's take back our budget.

The Federal budget  Combined-FY-2023-BIB.pdf (treasury.gov)