Why Do We Allow The Privately-Owned Federal Reserve Bank To Create Our Money From Thin Air, At Interest?

It is absurd that the USA borrows money at interest from private bankers when it could print its own debt-free currency.

The amount of ignorance of this fact is amazing. The banksters have done their indoctrination job well.

Some of you who are regurgitating the bankster propaganda, take a look at this question about John F. Kennedy and his Executive Order 11110:

http://answers.yahoo.com/question/index;_ylt=Ao2z2...

@Reality Has a Liberal Bias, does the liberal bias includes burying your head in the sand. You should really educate yourself about money. This affects all of us whether libbie, con, or purple.

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Reality has a liberal bias: Who owns the FED? I will tell you:

1. The Rothschilds of London and Berlin;

2. Lazard Brothers of Paris;

3. Israel Moses Seif of Italy;

4. Kuhn Loeb and Warburg of Germany;

5. Lehman Brothers, Goldman, Sachs;

6. The Rothschild-controlled Rockefeller interests of New York.

Rico: The Federal Reserve Bank is as much a part of the Federal Government as Federal Express.. See above.

ellisdee: Here is how it works. The fractal reserve system allows banks to loan more than they have on deposit. about 10 times more. So when you go into a bank and get a loan, the bank does not actually have that money, it is just created out of thin air. When the Federal Government needs money it does not have to pay bills. the FED makes a ledger entry creating the money out of thin air and charges the US Government interest on that money that does not even exist except in the form of a ledger entry.

Keynes Friedman: Since your my favorite I saved you for last -- tell me how is that keeping prices stable and unemployment low working out? Not so good huh?

Everytime the national debt is charged interest, money needs to be printed to cover it. Everytime an individual in the U.S. goes to the bank to get a loan, if your bank can't immediately cover the loan due to their own investments, they borrow from the Federal Reserve. We not only allow it, we keep asking them for more.

You have to provide links because they are so so self righeous, as all deluded people are, they don't check out the facts. Gerbil. What in gods name are you trying to say. lol

The Fed is mostly owned by the Rothschilds. I would consult Wiki for the kids not understanding it is privately owned and supposed to make our currency "safe" Which it does not.

http://www.associatedcontent.com/article/5638614/w...

And put the Goldman Sachs Bear cartoons up for the kids. They will love that- it's on the video cartoon below.

Oh - here's the printing money out of thin air

http://video.search.yahoo.com/video/play?p=goldman...

It's not any more privately owned than the military or the post office is.

The FED is the central bank of the US treasury and it does what the people who govern with it to. You may have a beef with them, but the Fed is just another arm of the federal government.

To not wish for the US treasury to issue debt such as t-bills and bonds is unrealistic. But then most of the ideology of Ron Paul is. He is the best at identifying the problem, but can never over any realistic solution to any problem in the US.

I don't know -but Goldman Sachs purchased the Federal Reserve for a mere $1M bribe to Obama

It's a lot more complicated than that. I suggest you go their St Louis website and read the comics explaining its role in maintaining price stability and reducing unemployment. That'll get you started

So they can print trillions of dollars to cover up the fact that Obama is wasting your money.

Because it's the only way that America can pretend to pay its bills.

Apparently stimulus bills do not effect the rest of the country. Don't you ever listen to Obama's propaganda?