Many of those opposed to the Federal Reserve will point to the record $80.9 billion in profits that the Federal Reserve made last year as evidence that they are robbing the American people blind. But then those defending the Federal Reserve will point out that the Fed returned $78.4 billion to the U.S. Treasury. As a result, the Fed only made a couple billion dollars last year. Pretty harmless, eh? Well, actually no. You see, the money that the Federal Reserve directly makes is not the issue. Rather, the "magic" of the Federal Reserve system is that it took the power of money creation away from the U.S. government and gave it to the bankers. Now, the only way that the U.S. government can inject more money into the economy is by going into more debt. But when new government debt is created, the amount of money to pay the interest on that debt is not also created. In this way, it was intended by the international bankers that U.S. government debt would expand indefinitely and the U.S. money supply would also expand indefinitely. In the process, the international bankers would become insanely wealthy by lending money to the U.S. government.
Every single year, hundreds of billions of dollars in profits are made lending money to the U.S. government.
But why in the world should the U.S. government be going into debt to anyone?
Why can't the U.S. government just print more money whenever it wants?
Well, that is not the way our system works. The U.S. government has given the power of money creation over to a consortium of international private bankers.
Not only is this unconstitutional, but it is also one of the greatest ripoffs in human history.
In 1922, Henry Ford wrote the following....
"The people must be helped to think naturally about money. They must be told what it is, and what makes it money, and what are the possible tricks of the present system which put nations and peoples under control of the few."It is important to try to understand how the international banking elite became so fabulously wealthy. One of the primary ways that this was accomplished was by gaining control over the issuance of national currencies and by trapping large national governments in colossal debt spirals.
The U.S. national debt problem simply cannot be fixed under the current system. U.S. government debt has been mathematically designed to expand forever. It is a trap from which there is no escape.
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