[quote=CONCHO]All of this fancy talk confuses me. I guess I just have 2 questions:
1) Why doesn’t the government operate our national bank? It can print money, it could collect interest on loans and use that revenue to help fund its operations.
2) Why is there a pyramid and all-seeing eye on the back of my cash?
OK I’m ready for the answers now. I’m sure they will be very technical and full of details about public-private partnerships and boards of governors and regional banks, etc…[/quote]
The US government has operated our own money supply in the past. The allure of profit for a central bank is too much to resist and they have sucesfully bought their way into existance 4 times now in US history.The loss of interest paid to the US govenment on loans to other governments is a large loss to the american tax payer as well as instead of making interest on loaning our money, we wind up paying the federal reserve to loan out our own money! As riduculous as this sounds, that is the reality of what is happening.
We have to pressure congress to revoke the fed’s charter and get back to a common sense finanial system. Just as jefferson and A Jackson did in the 1800’s. I don’t see this happening until the current system collapses under huge sovereign debt worldwide. I fear that when that happens, not if, the collapse will be an excuse to start a one world money supply, goverened by one large central bank.
