One man's thoughts on the Ponzi Scheme called the United States and it's love affair with the Federal Reserve

If Americans only knew the truth about our money, I believe we would have a revolution right now!

What is the Federal reserve? You may say "Oh it's the part of the government that prints money." You would be wrong.

The Federal reserve is no more federal than Federal Express. It is merely a cabal of anonymous bankers who no one really knows. All of our money is printed by them out of thin air based on nothing but the request of the US Government and the trust that Americans will believe this is real money and accept it for trade. Our money is all counterfeit. Not one US dollar is real currency based on gold or silver. It is just paper, based on the promise that the US government will honor it. One day they may decide not to honor it then what will you do?

Think of it like this, Imagine on day one before there were any dollar bills in existence that the US government says to the Federal Reserve, "Hey man, can you print me one 20 dollar bill? I need it to pay someone." The Fed replies, "Sure we can do that but you will owe us 10% interest." The US government of course says "Sure, sounds great." The USA has paid it's debt but now it owes 10% to the Federal Reserve. Problem is there are no more dollars to pay the Fed. So the US says, "Hey Fed, we owe you 10% of that twenty but there are no more dollars to use to pay you. Can we borrow 50 dollars so we can pay you that 10%?" The Fed says "YES!" But then they say, there is interest to be paid on that of course."

That's right you guessed it. The US then borrows more money to pay the interest and it snowballs from there into this 21 trillion dollar monstrosity of debt we now owe. It all started in 1913 when the Federal Reserve was created and was solidified in 1971 when the Nixon administration took us off the gold standard.

From, https://www.federalreservehistory.org/essays/gold_convertibility_ends

"With inflation on the rise and a gold run looming, Nixon’s administration coordinated a plan for bold action. From August 13 to 15, 1971, Nixon and fifteen advisers, including Federal Reserve Chairman Arthur Burns, Treasury Secretary John Connally, and Undersecretary for International Monetary Affairs Paul Volcker (later Federal Reserve Chairman) met at the presidential retreat at Camp David and created a new economic plan. On the evening of August 15, 1971, Nixon addressed the nation on a new economic policy that not only was intended to correct the balance of payments but also stave off inflation and lower the unemployment rate.

The first order was for the gold window to be closed. Foreign governments could no longer exchange their dollars for gold; in effect, the international monetary system turned into a fiat one."

So the official fall of the USA began in 1971. Just like the great Roman Empire, so too will the USA wither and die. That is unless we can turn this thing around. Question is how do we do it? What if we all volunteered to pay our fair share of the national debt? Would that get us out of trouble? Well let's take a look at the numbers.

Our national debt now stands at 21 trillion dollars. That must be paid via tax dollars from those who actually have a job and are not illegals working off the books for cash. The total number of employed persons in the United States from August 2016 to August 2017 is 127 million people. So 21 trillion divided by 127 million equals $165,354.00. That means each one of us who work full time bear the burden of $165,354.00!!! Can you pay it? I know I can't?

What if we include all those part time workers? In 2016 within the Civilian Labor Force, the Bureau Of Labor Statistics reports on the total number Employed—currently at 149,929,000 or 46% of the population. So if we take 21 trillion and divide it by 149,929,000 we get a grand total of approximately $140,000.00 debt owed by each and every working person in the USA including all those part time workers. HOW IS THAT GOING TO BE PAID?

So folks, the truth is, the United States Of America is the biggest Ponzi Scheme to ever hit the planet, and no amount of hand wringing, cost cutting, or taxing will pay off our debt. The USA is doomed to become a 3rd world nation.

I may be wrong, there may be answers I am not aware of so I encourage you to comment and discuss this. We as Americans, and the world as well need to look at this, because this effects everyone. We all need to really sit down and take a look at this. You can't keep passing it off onto the next generation.

Sources:
https://jobenomicsblog.com/2016-state-of-the-u-s-labor-force/
https://www.statista.com/statistics/192361/unadjusted-monthly-number-of-full-time-employees-in-the-us/
https://www.cnsnews.com/news/article/terence-p-jeffrey/21955000-12329000-government-employees-outnumber-manufacturing