“Why has the U.S. dollar devalued by well over 95% since the Federal Reserve was created? This has been caused by inflation. Perpetuating inflation is something that the Federal Reserve is very good at and something that has serious consequences for everybody in the future. This means today’s hard-earned wealth will be worth even less tomorrow.
Nearly all Americans assume that the Federal Reserve is just another government agency that sets our interest rates and watches out for the best interests of the American people. It is really a private banking cartel which is systematically undermining America’s assets. The worth of your dollars, availability of jobs, rates of interest for loans as well as the rate of home foreclosures are all determined by a small number of elite private bankers who manage the Federal Reserve. Now we are seeing more and more companies closing their doors because they cannot survive in this economic climate. According to the Swiss Federal Institute, a network of 147 mega-corporations control 40% of all the wealth in the world.”
Bankruptcy is built into the system.
If everyone in the country were to pay off all debts including government there would not be $1 in circulation.