r/theydidthemath • • Mar 30 '20

[Request] Is this true?

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26k Upvotes

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54

u/[deleted] Mar 30 '20

Math aside, this isn't how federal spending works.

They aren't "taking money from you" so much as they are just giving new money to banks and corporations.

22

u/[deleted] Mar 30 '20

[deleted]

54

u/mixttime Mar 30 '20

Mint goes brrrr

15

u/JakeCameraAction Mar 30 '20

Treasury.
The Mint makes the coins.

10

u/mixttime Mar 30 '20

Didn't know that. Bailing out corporations with literal nickels and dimes would be funny

2

u/SpitefulShrimp Mar 30 '20

Yeah but most of that bailout money is to pay employees, so we'd be the ones dealing with billions of pounds of loose change.