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@ Micael
2025-06-03 12:47:56Have you ever stopped to think how retarded our monetary system is? If the U.S. is the most powerful nation on earth, has the biggest gold reserves, and has the monopoly over the global reserve currency... Why the fuck are they still 34 trillion in debt? One reporter finally asked this important question to the Chair of the Council of Economic Advisors (whatever that means): Jared Bernstein.
JB: They, they, um, they, yeah, they, they, um, they sell bonds. Yeah, they sell bonds, right? Since they sell bonds and people buy the bonds and lend them the money. Yeah, so, yeah, I guess I'm just, I don't, I can't really talk. I don't, I don't get it. I don't know what they're talking about.
BANKSTERS DON'T WANT US TO KNOW HOW THIS MECHANISM WORKS BECAUSE THEY KNOW THAT IF WE KNOW, WE ARE GOING TO GET MAD. NOT EVEN POLITICIANS AND HIGH-RANKED OFFICIALS UNDERSTAND WHAT I AM ABOUT TO EXPLAIN.
THE CORRECT QUESTION TO ASK IS: IF THE U.S. PRINTS DOLLARS, WHY DOES IT HAVE SUCH A BIG DEBT? IF YOU HAD THIS QUESTION BEFORE: GOOD FOR YOU!
THE ANSWER IS: The U.S. has debt because every Federal Reserve Note, a.k.a. FRN ("DOLLAR"), that the Federal Reserve prints is a NOTE that the government owes plus interest. The FRNs are debt instruments! How is this possible? You may ask... Who do they owe this debt to? "The government does not print "dollars" out of thin air."
The government prints bonds (debt) out of thin air, and the Federal Reserve buys these bonds, printing FRNs out of thin air. And that is how "dollars" come into existence. This doesn't make sense, right? Thomas Edison thought the same when he said:
“If the government can issue bonds, it can issue currency. Both are promises to pay, but one promise fattens the usurer and the other helps the people.”
New York Times, 6 de diciembre de 1921The U.S. could print its own debt-free, non-interest-bearing Treasury notes. Like Lincoln printed the Greenbacks to finance the Civil War, Kennedy issued treasury notes with E.O. 11110. What's the difference between a United States note and a Federal Reserve note?
ONE PROMISE FATTENS THE USURER, AND THE OTHER HELPS THE PEOPLE.
The truth is the Federal Reserve took over the U.S. government in 1933 when it declared bankruptcy and the power was passed to its creditors: the Federal Reserve. This institution artificially inflated and contracted the currency supply to create the Great Depression (1929) and finally bankrupted the U.S. government in 1933. They forced the Gold Standard Act in the 1900s, and then they officially took the U.S. out of it in 1934. This bank stole the gold of the American people, and then they stole the gold of other nations in 1971!!!
I want to clarify that I am not making this up, but I am standing on the shoulders of giants like Alfred Owen Crozier (1863-1939). This legend was lobbying against the Federal Reserve Act in 1912, and he wrote the book U.S. Money vs. Corporate Currency, where he documented the intent of this private group of banksters to create a private central bank that would counterfeit currency and take over the republic, bankrupting it. He literally predicted the Great Depression. His worst nightmares turned into a reality. Here you have my top 3 books from him:
Most recently, another legendary character that did a monumental work in dismantling this giant fraud was Thomas Schauf (1949). He lived years out of his savings to prove this giant fraud to the American people. He is a certified CPA who became a full-time lecturer on “money and debt” after the 1987 crash. He dismantled the Federal Reserve cartel, and he also explains the fraud of the commercial bank's credit creation process using the Federal Reserve's own publications.
Both Alfred and Thomas prove that the Federal Reserve is an unconstitutional private central bank that took the power to coin currency from the government, unlawfully transferring that sovereignty to private corporations. Crozier provided the original historical record, and Thomas provided the insider accounting documentation.
CROZIER CONTRIBUTIONS
- Introduced the term “corporate currency” to flag that the new notes would be liabilities of a private cartel, not of the U.S. Treasury.
- Warned about the non gold redeem-ability of this private paper: any emergency suspension of specie payments would convert the notes into a floating, unbacked claim—“irredeemable except in more paper.”
- National bankruptcy forecast: once Treasury debt became the key collateral behind private notes, taxpayers would shoulder every panic, culminating in “the insolvency of the Republic.”
THOMAS SCHAUF UNIQUE CONTRIBUTIONS
- FOIA stock-subscription ledgers (1991): first public list of the individual banks and share counts that capitalized each of the 12 Reserve Banks.
- Annotated FRB H-4-1 balance sheets (weekly releases): line-by-line notes showing how “Federal Reserve Notes outstanding” are booked as a liability to member banks, not to the public.
- Discount-window flow charts: traced how reserves created in New York are pyramided 30-to-1 in downstream banks, then recycled into Treasuries.
- Internal circulars on surplus rebates: revealed the dividend formula (6 % to stock-holding banks) and the legally mandated tax exemption on that income.
Thomas Schauf is the researcher who turned the Federal Reserve’s own accounting records into hard evidence of private ownership and systemic leverage.
The Federal Reserve is the biggest fraud in human history and the most profitable business on earth: it prints currency out of thin air, and it lends it to the government at interest, buying treasury bills. For every FRN they print at no cost they earn $1 plus interest.
NEW YORK FEDERAL RESERVE OWNERS
• Chase Manhattan Bank N.A. • Citibank N.A. • Morgan Guaranty Trust • Chemical Bank • Bankers Trust Co. • Manufacturers Hanover
HOW CAN AMERICA END THIS FRAUD?
Alfred Owen Crozier, Thomas Schauf, and I will agree on the same solution: Convert existing Federal Reserve notes into U.S. notes on a one-for-one basis. This will automatically end the interest on the U.S. debt: THE BIGGEST U.S GOVERNMENT LIABILITY.
You cannot fix the deficit if you don't nationalize the Federal Reserve Inc and replace every interest-bearing Federal Reserve Note with a non-interest-bearing U.S. Note.
YOU CAN LITERALLY ELIMINATE THE U.S. PUBLIC DEBT BY ISSUING AN EXECUTIVE ORDER REPLACING FRNs FOR U.S notes. Then force private banks to lend only their own capital or time deposits, ending the credit-creation privilege and the boom and bust cycle.
Ron Paul will also agree with this. Every person that understands the monetary system will agree with this.
All freedom-loving Americans who believe in the Revolutionary War, the Constitution, and the Bill of Rights need to join their efforts to fight this corrupt system, abolish the federal system, the national debt, and most of the taxes, and re-establish an honest monetary system.
The American population needs to understand the truth and why they fought the Revolutionary War: FOR THIS SAME REASON! WAKE UP, AMERICA!
This cannot be fixed with Bitcoin TODAY, but probably in the coming decades. But in the meantime it can be done with Treasury notes. This needs to be done if you want to avoid hyperinflation and a state of emergency, martial law, and total disaster.
Time is running out and you need to take action fast. Interest rates are eating up all the revenue of the government and your tax money is going into an unpayable black hole for this very reason.
Americans have two choices: stay and fight or escape before disaster strikes. And no, I am not being extremist, it is a sad reality. Read this books, study this and talk about this with all you fellow Americans.
This is the most important issue you should be discussing about.