Perpetual debt.
Indeed. One only has to look at the publicly stated function of the Federal Reserve to realize that we are hopelessly in debt, and cannot cover it.
Very simple
- The Federal Reserve Issues ALL MONEY.
- They issue that money AT INTEREST.
- Therefore, ALL MONEY is issued AT INTEREST.
- The Federal Reserve is demanding more money be paid back than all the money in existence.
This is why the founding fathers of the united states fought a war over King George III's Currency Act (analogous to the US Federal Reserve Act of 1913). They knew it was perpetual, inescapable, debt slavery.
> Perpetual debt.
Indeed.
One only has to look at the publicly stated function of the Federal Reserve to realize that we are hopelessly in debt, and cannot cover it.
Very simple
* The Federal Reserve Issues ALL MONEY.
* They issue that money AT INTEREST.
* Therefore, ALL MONEY is issued AT INTEREST.
* The Federal Reserve is demanding more money be paid back than all the money in existence.
This is why the founding fathers of the united states fought a war over King George III's Currency Act (analogous to the US Federal Reserve Act of 1913). They knew it was perpetual, inescapable, debt slavery.
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