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Monetary system.

Started in 1913. Woodrow Wilson sold us out. After his decision to pass the federal reserve act he apparently regretted it. Here is a quote:

"I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men." - Woodrow Wilson

That is the moment the system started as debt. That is the moment that forever changed the world.

At the same time the debt based system started in 1913, the income tax was also started. I will explain why here. Fed 1913, income tax 1913.

Here is how the system works.

Our govt creates bonds that pay interest. In exchange for those interest bearing bonds the fed exchanges bonds for federal reserve notes. (A "Note" is a unit of debt) Now the govt has to pay whatever the interest rate is on those bonds to the bond holders. But only the principal was borrowed. Let's say that the interest rate was 5%. So if out Govt borrowed 1 million dollars in 1913 that would mean our national debt was 1 million dollars. But the interest charge on that 1 mil would be 50,000 dollars. That is the amount of interest due on the bonds created.

Where does the 50,000 dollars come from to pay the bond holders? If we take it out of the dollar supply that would lower the dollar supply to $950,000. A reduction of the money supply is called deflation. Only 1 million in currency was created but 1,050,000 was due.

So they used the INCOME TAX to STEAL money from us slaves to pay the interest on the bonds. 100% of our income tax stolen from us goes to pay interest on the national debt.

But that is not enough to pay the interest on the bonds/debt.

So what the system needs to do is grow at least as much as the interest rate on the bonds due.

If the interest rate on the national debt is 5% we need to go 5% more in debt to create the dollars necessary to pay the interest to the bond holders. This extra 5% borrowed debt creates the necessary interest due on previously borrowed bonds.

That is why you see the national budget go from 4.3 trillion to 4.6 trillion to 4.8 trillion to 5 trillion. It always has to rise to create enough dollars to pay the interest on previously borrowed debt.

Again. Dollars and US bonds are equal. They go hand in hand. But there is interest due on the bonds. The interest was not borrowed into the money supply, so we need to borrow the interest money into existence.

This is why the national debt is always rising. The national debt is the worlds dollar supply. But only the principal was borrowed and there is interest due on that 34 trillion dollars.

Now those bonds are held in 401K's, Pensions, savings, countries hold bonds for the interest. There are municipal bonds that are created and held by every city in the US. And they are all interest bearing. And our property taxes pay that interest. They are all backed by every person that hold bonds or dollars in the world. If you go to the bank and buy a US Treasury you are buying into our national debt. And you are making money off of it. If you want some of your tax money back, buy US bonds and you'll get some of your income tax back.

So the system needs to continuously to constantly create the dollars necessary to pay the interest on the bonds. The interest dollars were not borrowed into existence. And to pay all the bond holders the necessary interest we need to go further in debt. The further in debt we go the further in debt we need to go to pay the interest.

That is it in a nut shell.

I hope this makes sense. It really isn't that difficult once you wrap your head around it. The system has to grow at the rate of interest because we have to borrow the interest into existence to pay the interest on the bonds. Our national debt is the worlds dollar supply. Any reduction in the US National debt would mean a reduction in dollars. No national debt = No dollars.

Now how can this system collapse when we are the ones that are holding all the debt and gaining interest on it? Every dollar in existence is borrowed and collateralized. We GAIN interest off this system and it pays our 401k's pensions savings bonds etc. We sustain this system. Once you understand it, you can see how the metal salesmen are fleecing the ignorant. They claim the system is going to collapse without explaining how the system works. They prey on ignorance.