How can we pay off our national debt when all our money is borrowed from the Federal Reserve at interest?
and to pay the Federal Reserve Bank, we have to borrow money from them again at interest? It's impossible!
Asked By: Ben Thayer, Don Thatt - 10/28/2008
Best Answer - Chosen by Asker
Its impossible. Read the book "The Creature From Jekyll Island", by G. Edward Griffin. It explains exactly how the Federal Reserve Scam works, and how it turns us into "wage slaves" by design... More
Answered By: Giordano - 10/28/2008
Additional Answers (2)
I suggest you watch this movie http://video.google.com/videoplay?docid=7065205277695921912 Start by watching the first 10 minutes. You won't be disappointed.
Answered By: jidinphilly - 10/28/2008
The Federal Government did not borrow the money from the Federal Reserve. Our debt come from the issue of Treasury Bills (government bonds). These are typically bought by large financial institutions and foriegn governments. It is the holders of Treasury Bills that we have to pay off when the bonds become due.
Answered By: Greye Wolfe - 10/28/2008
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