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king

U.S national debt clock.

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Government bonds right? Essentially a promise from the government to pay the bearer of the bond the amount it was bought for plus a set amount of interest by a set date in the future. If the government has it's own central bank and control of the currency the bonds are value in then push come to shove they can just print money and pay off all the bonds instantly. That would ruin the system though.

Well that's my understanding.

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22 minutes ago, Born Hunter said:

Government bonds right? Essentially a promise from the government to pay the bearer of the bond the amount it was bought for plus a set amount of interest by a set date in the future. If the government has it's own central bank and control of the currency the bonds are value in then push come to shove they can just print money and pay off all the bonds instantly. That would ruin the system though.

Well that's my understanding.

That and loans from central and private banks, other countries, investment losses etc and infinitum.

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2 hours ago, Chid said:

The Jews 

Nail on head. The Federal Reserve is a private concern and nothing to do with the United States Treasury. President Wilson signed it over in 1913 and regretted it to his dying day when he realised what he had done.Basically  money is printed off at cost then gave back to the Treasury for face value with interest on top or something like that. It is an absolute racket tbh.This act was unchallenged until 1963 when  Kennedys last act before his murder was to issue Executive Order 11110 and took the making of money back from a private concern and placed it back into the hands of the Treasury which made the money both interest and debt free. Lindenburg Johnsons first act as the replacement President after Kennedy was killed was to repeal the Executive Order 11110 and give the power back to the Federal Reserve. Every President since has had the power to repeal it but not one of them have .

http://usuryfree.blogspot.com/2012/01/john-f-kennedy-vs-federal-reserve.html

Edited by MickC
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2 minutes ago, king said:

So basically America owes money to itself ?

No, America allows a private concern to print off its money instead of its own Treasury printing off its money which would then be both interest and debt free. The link I posted explains it better. hth

Edited by MickC

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It's some set up that mickc.

So if Kennedy's executive order held strong there wouldn't be debt.

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11 minutes ago, king said:

It's some set up that mickc.

So if Kennedy's executive order held strong there wouldn't be debt.

 Basically the Federal  Reserve Bank  loans money to the United States Federal Government with interest on top of it !!! When the Treasury was allowed to make its own money when Kennedy repealed it there was no interest on it and so the money they made was debt free.There not called Banksters for nothing unfortunately.

Edited by MickC
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The US$ is the world currency..... Imagine for a second how much they are making, as Mick said a private concern. It's billions every day!

Still it's all fugazi because the money has no value. It only has the value you/we place on it. Before, that could be measured in a countries actual wealth (gold reserves, precious minerals,  exports, trade etc)

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Don't fck your heads thinking about it. Just keep buying yourself guns and gold coins and burying them in the garden. 

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11 hours ago, king said:

So basically America owes money to itself ?

If you think all that’s a head f**k, watch a documentary called “Inside Job” about the crash of 2008.......it will blow your mind.

Maybe dont.......because you will wind up a cynical, dont believe in any of it git like me.

When you realise how governments and financial institution are in collusion and absolutely playing with peoples lives, exploiting them and basically treating them as cattle to be milked of cash it’s an eye opener.

They even own the education system so “their” way of doing politics and corporate business is programmed into students.

Major Organised crime looks like a corner shop shop lifter compared to these people and it’s all made legal with laws bought and paid for.

Think you matter?.......think your government is concerned about you?

Think there’s a good guy or a bad guy when it comes to political parties? 

Think again......big time.

Edited by WILF
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