Call it what it really is - a Ponzi Scheme.
"A takeover of monetary policy by the Congress" Bernanke from the video above. ONLY CONGRESS HAS THE POWER TO COIN MONEY - How is this a "Takeover" when it is solely their power via the US Constitution!?! The "threat" to the national economy is the exposure of the Ponzi Scheme, and the "wizards" behind the curtain of the Fed.
All new money is loaned into circulation as an interest bearing debt. Since this system only creates the principal and never the interest, the debt is always greater than the money supply.
If all the bank loans were paid no one would have a bank deposit and there would not be a dollar of coin or currency in circulation. - January 24, 1939, Robert H. Hemphill credit Manager of the Federal Reserve Bank of Atlanta
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