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| Topic: Understanding Money and how to change it | |
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Edited by
smiless
on
Mon 12/01/08 08:09 PM
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The government of the United States of America does not issue its own money, it borrows it from the private bank known as the Federal Reserve and pays interest on the loan. This creates the national debt.
The money the Federal Reserve loans to the government of the United States of America is backed by bonds issued by the government. This con is the source of most, if not all, international wars and domestic suffering from poverty. To understand what stands in the way of global peace is to understand money. A lot can be understood about money just by reading these quotations. If you had the power to change how money circulates in the world to create global peace, how would you do it? |
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The government of the United States of America does not issue its own money, it borrows it from the private bank known as the Federal Reserve and pays interest on the loan. This creates the national debt. The money the Federal Reserve loans to the government of the United States of America is backed by bonds issued by the government. This con is the source of most, if not all, international wars and domestic suffering from poverty. To understand what stands in the way of global peace is to understand money. A lot can be understood about money just by reading these quotations. If you had the power to change how money circulates in the world to create global peace, how would you do it?  I wish I knew If I knew the answer to that I wouldn't be sitting here right now.
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Edited by
GreenIz88
on
Mon 12/01/08 08:19 PM
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The government of the United States of America does not issue its own money, it borrows it from the private bank known as the Federal Reserve and pays interest on the loan. This creates the national debt. The money the Federal Reserve loans to the government of the United States of America is backed by bonds issued by the government. This con is the source of most, if not all, international wars and domestic suffering from poverty. To understand what stands in the way of global peace is to understand money. A lot can be understood about money just by reading these quotations. If you had the power to change how money circulates in the world to create global peace, how would you do it? This process is how we are kept in line...if we had the power to change it, governments would not be necessary...not something they want to hear. |
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