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Ray Horvath, "The Source" :)'s avatar

Nobody seems to emphasize that the Federal Reserve is a private bank with the exclusive right to issue USD since 1913. The money is issued as a "loan" to the taxpayers with an interest, while the money is distributed among friends and family.

This is, by orders of magnitude, the largest theft in the history of the world, but it nicely fits into a long-term timetable:

https://rayhorvaththesource.substack.com/p/in-case-you-are-in-doubt

Courageous Lion's avatar

BTW...they don't issue USD. They issue Federal Reserve Notes denominated in NO THING. They are instruments of legalized theft. I wish we could post pictures on here.

Ray Horvath, "The Source" :)'s avatar

Thank you for the correction. Either way, it's money issued as debt...

Courageous Lion's avatar

Actually it doesn't fit the correct definition of "money". Which is something durable, divisible and a store of value. It doesn't fit any of those three requirements! Federal Reserve Notes are not federal, represent no monetary reserves and no longer conform to the definition of notes. Failing to state who, will pay what, when or to whom - they ceased to be legal tender notes, (offers of money) over 50 years ago. They are in fact instruments of legalized THEFT. Look at this and note the contract. http:///bornagainclassics.com/Books/images/50-story.jpg Do realize that LAWFUL and LEGAL have two different meanings.

Courageous Lion's avatar

Private but well connected to the government cartel. "The Federal Government, with the cooperation of the Federal Reserve, has the inherent power to create money--almost any amount of it."

~ The National Debt, Federal Reserve Bank of Philadelphia, p. 8

ALMOST? Why only ALMOST? What keeps them from creating ALL they want? You? Me? Your dog? A full moon?

Federal Reserve Notes are not federal, represent no monetary reserves and no longer conform to the definition of notes. Failing to state who, will pay what, when or to whom - they ceased to be legal tender notes, (offers of money) over 50 years ago. They are in fact instruments of legalized THEFT.

I think I've made it clear to anyone that can understand simple English.

Ray Horvath, "The Source" :)'s avatar

Sorry, I typed "load" instead of "loan" at the beginning of my comment. Corrected. Other than that, I think, I've also made it clear, which cannot hurt. :)

Related public announcements usually leave out the part that any issued USD is a LOAN to the paxpayer, who has to pay an interest after the money. Even the bravest only want to "audit the Fed," while it's been robbing Americans blind in the last 109 years.

I left out that the collateral for the "loan" in the USA includes all the assets around, and the taxpayer is counted as one. I've seen such contracts...

I'm not sure how simple the explanation must be for people to understand that they are treated as assets...

Courageous Lion's avatar

I've read this from other sources on occasion and I'm sure there is some connection to it, BUT the fact is that it makes no sense. They don't NEED the labor of the people to pay back something they created out of thin air in the first place. The only REASON they do, is to make the people "think" that they need the taxes. It's a con to cover up the con. That is why Keyenes is quoted as saying that if the government would refrain from regulating the money supply, (which is one thing that taxes do) the apparent FRAUD of the system would become evident and would no longer work. The problem I see is the belief that "they" need taxes to get by when they don't.

Ray Horvath, "The Source" :)'s avatar

Sounds good enough to me about taxation.

Taxes are also about control. After all, besides Eretreia, the US is the only country that expects its citizens to pay taxes in the US (above a certain income), even if they work abroad.

Could the country still be saved, if the Fed was kicked out and all the fraudulent debt erased?

Elected officials, somehow, feel entitled to spend on stuff nobody around here needs, which also enhances the illusion of debt.

Tax money is more money in circulation, and the real money is stolen through inflation (interests).

The whole act is part of the controlled demolition of the country. Keeping up appearances is necessary in order to make the taxpayer's eventual default on the "loan" look real. The real national debt is 8-10 times the official $30 trillion, when unfunded liabilites are included... In the last two years, it has been accelerated in an obviously insane manner to eye-popping levels.

The fraud, however, is obvious, once people learn how the system works, taxes or no taxes. The theft is committed through interests and the subsequent inflation.