How The Federal Reserve Is Turning Money Into Debt

in politics •  8 years ago 

The UK and US have pulled off one of the biggest global scams ever using something that is right under our noses, or more specifically in our purses and wallets. Money. Find out how the Federal Reserve and “fractional reserve banking” has been turning money into debt.

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Thomas Jefferson wrote that the Federal government should NEVER borrow money !

Electronic digits and paper fiat currencies in use today are NOT money.
None of the fiat currency's value is actually determined or stipulated in concrete legal terms,
Dollars and Euros and Yens are not even lawfully defined as to what they all are exactly or what their economic worth and transactional value is.

So if we get rid of the Fed, we get rid of the debt. Problem solved. Steem instread :)

What disgusts me is the way the fed got written in by congress for the Jekyll island crew, the private central bank aka the rapacious entity great american patriots fought to be rid of. Down with the fed down with the irs

Hmmmmm no comment

That's why you hedge against the dollar, its collapse is imminent.

Paper money is already debt as it is not backed by anything.

Best book on the history of central banks and how the public has been hoodwinked into all of this is, Creature from Jekyll Island. A must read.

https://www.amazon.com/Creature-Jekyll-Island-Federal-Reserve/dp/091298645X/ref=sr_1_1?s=books&ie=UTF8&qid=1498347338&sr=1-1&keywords=creature+from+jekyll+island