Are you confused about the economy? Well have no fear --
I'm going to explain the American economy right now
The dollar, just think of it like a promise from the government
But the value of the dollar has to be there to be relevant
The value of the dollar comes from China and Iran
When they put their cash reserves in a U.S. dollar plan
They buy treasury bonds from the Federal Reserve
We say "we owe you extra money cause you gave us some of yours"
That's a big part of the National Debt
All the interest that we haven't paid to China quite yet
And a hundred other countries 'cause we're such a good investment
The whole world gives us money we say "Hey we'll pay you interest!"
This is how money is created from air
Bank bailouts, federal budgets Money isn't really there
It's an I.O.U., remember dollars are a promise?
When you borrow from a bank it's not from other depositors
The money for your loan gets created on the spot
Then they put it in your name, gamble on your life and body
But if you lose your job then you were a bad bet
If a million lose their jobs then we have a recession
Here's the dirty secret, your labor's too expensive
Wall Street wants you spending money but they never want to pay you
I'm going to explain the American economy right now
The dollar, just think of it like a promise from the government
But the value of the dollar has to be there to be relevant
The value of the dollar comes from China and Iran
When they put their cash reserves in a U.S. dollar plan
They buy treasury bonds from the Federal Reserve
We say "we owe you extra money cause you gave us some of yours"
That's a big part of the National Debt
All the interest that we haven't paid to China quite yet
And a hundred other countries 'cause we're such a good investment
The whole world gives us money we say "Hey we'll pay you interest!"
This is how money is created from air
Bank bailouts, federal budgets Money isn't really there
It's an I.O.U., remember dollars are a promise?
When you borrow from a bank it's not from other depositors
The money for your loan gets created on the spot
Then they put it in your name, gamble on your life and body
But if you lose your job then you were a bad bet
If a million lose their jobs then we have a recession
Here's the dirty secret, your labor's too expensive
Wall Street wants you spending money but they never want to pay you
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