Can someone explain this to me? <span title="finance...money...help??????">finance...money...help???...</span>

Question

If the central bank produces money and takes intrest on every dollor it produces, this produces debt....why?

so then it makes more money to cover the debt...this produces more debt...why?

then this produces slavery....how?

I don't understand this stuff can u help me??

Answer 1

The central bank is a private company not a public one. They are under contract to produce money. The federal government has to borrow to buy the money. Interest is added on to the borrowing amount. That is the debt when this country buys money.

For more on this check FRom Freedom to Facism. by Aaron Russo. It is an interesting look at things