Quote:
Originally Posted by Tron_fdc
Okay, you're going to have to explain this one.
I've heard some crazy story that the Rockefellers created some goofy rule about debt repayment if the US banking system ever collapsed, but I've never heard the one about the reserve.
Care to to enlighten me?
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the federal reserve is a private corporation that loans money to the us government at interest. every american dollar in circulation has debt attached to it, owed to the federal reserve. because debt is attached to every dollar borrowed, the debt can never be re-paid.
Money Masters
with the qe2 recently going thru, and qe3 or qe4 are not too far down the road, the american dollar is becoming worth less and less all the time. the federal reserve is inflating the dollar and it will eventually collapse.