If I am the only source of legal tender, and all money I create for the country is LOANED at interest, where does the interest money come from? Only from additional loans. This is how the Federal Reserve works and explains why the national debt has reached $9 trillion. See google videos "Money as Debt" and "Fiat Empire".
If I am the only source of legal tender, and all money I create for the country is LOANED at interest, where does the interest money come from? Only from additional loans. This is how the Federal Reserve works and explains why the national debt has reached $9 trillion. See google videos "Money as Debt" and "Fiat Empire".
Dionysius9 4 years ago