In 1907 America's banking and financial systems once again collapsed bringing pressure upon the Royal Families to "bail out" America and many other countries of the world. They did with conditions, but once again the conditions were not adhered to by America.
America decided to attempt to produce a financial system of its own liking with the famous meeting at Jekyll Island (1910) and the following creation of the Federal Reserve in 1913.
In 1929 and following years the Great Depression forced the Royal Families - through the Global Debt Facility - to "bail out" America once again to prevent a global financial holocaust. This was undertaken with thousands of tons of gold and silver.
One of the conditions was that the U.S.A., the Federal Reserve and many of their commercial banks would issue bonds, certificates or financial notes, with annual interest coupons, to secure the gold and silver given to America to bail them out. Such bonds, certificates or financial notes were commonly known as FRN's (Federal Reserve Notes), FRB's (Federal Reserve Bonds), J.P. Morgan bonds, Wells Fargo bonds, American Dream certificates along with several other types of bonds, notes and certificates.
All the above bonds, notes and certificates are the property, under legal title, of the Global Debt Facility.
https://tributetohe.blogspot.com/2022/05/bail-out-of-usa-and-other-countries.html