Mama Economy Tay Zonday
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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!"
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!"
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