Is this an accurate assessment of the economy?

  • Thread starter Thread starter kreep
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kreep

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90 some % of the national debt is owed to the "federal reserve bank" which is a private bank that prints the money for America at interest. The U.S. treasury has nothing to do with it. As long as we have this system America cannot come out of debt because even economic GROWTH adds to the debt because the very printing of money has an interest charge attached.
What do you think?
 
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