Home › Forums › Financial Markets/Economics › Its getting serious › Get rid of the Fed
Get rid of the Fed entirely.
With one independent non-Government entity controlling the entire money supply, where do you get $1.05 to pay back the $1.00 you borrowed?
The sytem perpetuates debt.
CR has another post with a link to our national debt: http://www.treasurydirect.gov/NP/BPDLogin?application=np
We just passed $10,000,000,000,000 btw, and added another $99,500,170,215.20 yesterday. That’s phenomonal. Our country is doomed.
We started the year at $9,229,172,659,218.31, less than 10X what we added yesterday alone.
That’s 275 days, or $3,254,736,028.76 a day, vs. $99,500,170,215.20 yesterday 30X average.
Red flag anyone?
