The Federal Reserve Bank

Every so often the united States of America listens intently while the lead mouthpiece from the Federal Reserve Bank talks about what the economy is doing and what the Federal Reserve Bank is going to do with the "prime rate". Most people think that the Federal Reserve is one of the agencies within the federal government. It is, in fact, a private group of banks to which our federal government has given our money printing privileges.

When I first learned of the Federal Reserve Bank, I was lead to believe that this bank was who loaned the funds on which the united States government operates. In a way this is true. Normally when we think of a bank loaning money to someone or something, we think that the bank actually has the money to loan. This is not the case with the Federal Reserve Bank.

The way it works is the Federal reserve Bank pays the united States roughly 2 1/2 cents per bill, regardless of the denomination for money. they then loan this "money" back to the federal government at face value. Where is the money? The federal government then pay back the FRB for the "money" it borrowed plus interest. What is interest? Interest is ALL of the money that is collected through the Internal Revenue Service in the form of income tax. So there are two issues at hand here; the income tax provides no services whatsoever from the federal government and it is all profit for the privately owned bank known as the Federal Reserve Bank.

Just who is running the government?

So let us think about this for a minute.

1. The federal government prints currency that it could at that moment issue for public use with no debt at all, eliminating the need for the income tax and the IRS.
2. The federal government instead sells the currency to the privately owned Federal Reserve Bank for about 2.5 cents per bill to cover the cost of printing the bill. That is 2.5 cents for $1, $5, $10, $20, $100, $1,000 bills. The cost is the same no matter what size bill is purchased by the Federal Reserve Bank.
3. The Federal Reserve Bank then loans the currency that it just bought from the united States printing press at face value. That means whatever the "dollar" amount of the total of the numbers added together.
4. The federal government then pays the money back to the Federal Reserve Bank the principal plus interest.

Now, you really have to get both hands around this to get a good grip on it. Let's say, just for measuring purposes, the Federal Reserve Bank buys 6 million dollars at 1 million dollars per denomination for 1, 5, 10, 20, 100 and 1,000 dollar increments. That would be 1,361,000 bills at a cost of $34,025. That is right. For the cost of a mid-grade automobile, the FRB buys $6,000,000 dollars. They then LOAN that money that was just created from thin air by printing it, to the federal government at face value or a principal amount of $6,000,000. Now keep in mind, it belonged to the federal government before it was sold to the Federal Reserve Bank. The federal government then pays back the $6,000,000 to the Federal Reserve Bank plus interest which is all of the money collected through the "income tax".

The one and only reason this is occurring is because some politicians were paid off with one form of bribery or another to permit the Federal Reserve Bank to take over our money supply. The banks are what appears to be who had both Abraham Lincoln and John F. Kennedy assassinated. No this actually has some merit. It is not just some conspiracy theory. Let's take a look. Page 2

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