Dan is guessing? How 'bout this for some clarity?

"Give me control of a nation's money and I care not who makes the laws." – Mayer Amschel Rothschild


If the Fed loans the money to the Treasury at interest, did the Fed also loan the interest amount for when those payments come due?

A simple example for discussion purposes-- if the interest rate for that loan is 10%, what will happen to the domestic economy after 10% of the currency in circulation is removed when the interest is paid?

What will happen to the federal deficit if the Treasury borrows more to cover the interest payments over time?

Given the above, What is guaranteed to happen to the economy should the federal government balance its budget?

Can the federal government cover the debt service (interest alone) and maintain the standard of living we've come to expect?

Take a gander at the top of a $1 bill. What is a *Note* and what does the Federal Reserve have to do with it?

What will happen when the principal amount of the federal deficit also comes due? Who are the creditors and what is the collateral securing that debt?


“Printing money is also one form of issuing public debt.” – Professor Albrecht Ritschl, London School of Economics

"My agency, in promoting the passage of the National Bank Act, was the greatest financial mistake of my life. It has built up a monopoly which affects every interest in the country. It should be repealed; but before that can be accomplished, the people will be arrayed on one side and the banks on the other, in a contest such as we have never seen before in this country." -- Salmon P. Chase, U.S. Secretary of the Treasury under Lincoln

"We shall have World Government, whether or not we like it. The only question is whether World Government will be achieved by conquest or consent." – James Paul Warburg appearing before the Senate on 7th February 1950



Ranting about political sock puppets, whose snout is furthest into the entitlement trough, cutting federal spending, FP's retirement plan without consideration of the foretold/imminent *Change,* and pretty much everything else didn't come close to answering Dave's question 17 pages ago. Try again?