Question:

Why do we borrow all our money from an international conglomeration of banks called "The Federal Reserve"?

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And when will the banks in our country come to the public to force us pay off their huge, trillions of dollars of debt to the "Federal Reserve (which is not a federal institution)"

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  1. Hi,

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  2. We don't.  

    The biggest single holder of U.S. Debt is the social security trust fund.

    Of debt held by the public, the biggest holders are the the Chinese and Japanese.

    The Federal Reserve holds about 17%.Most of the interest it receives is returned to the Treasury. By law, all income after expenses from the Fed is returned.

    Also, you may want to read some authorative sources on the Federal Reserve. By law, no foreign bank can own shares in a federal reserve bank, only member banks which have to be domestic. Though the branches can be considered highly regulated corporations, the Federal Reserve System and the Board of Governors is considered a Federal Agency.

    http://www.geocities.com/CapitolHill/Emb...

    http://www.publiceye.org/conspire/flaher...

    http://famguardian.org/Subjects/MoneyBan...

    http://webskeptic.wikidot.com/federal-re...

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