There is only one reason why the US government would increase the number of IRS agents from 100k to 187k, they are hoping to squeeze more money out of the taxpayers. Why so desperate? No one is buying our bonds, on the contrary China is selling and with BRICS many other countries are beginning to buy oil in other currencies besides the US dollar. Our dollar is about to go to 0. Reminds me of a Dana Coverstone dream.
As China sells the bonds the only way for the US government to sell more bonds is to raise interest rates which will crush everyone holding our debt and encourage more to sell. They know that is instant bankruptcy, so adding IRS agents is the move of desperation.
As China sells the bonds the only way for the US government to sell more bonds is to raise interest rates which will crush everyone holding our debt and encourage more to sell. They know that is instant bankruptcy, so adding IRS agents is the move of desperation.