Source>>
https://edition.cnn.com/2019/08/21/politics/cbo-us-deficit-one-trillion/index.html
The power to issue money
In the past before 1917 banks existed, but these banks were independent and not integrated in a system. Making use of the banks was optional for the people, it was even possible not to use a bank for one’s entire life, if one chose to do so. It was a stable banking system, because as debt increased, people could voluntarily choose to stop borrowing from the bank. The banks only dealt with gold-backed energy money and debt money didn’t exist. People, most importantly, had the ‘freedom of choice’ to say no to the bank.
In 1913, a corrupt government, congress and President Thomas Woodrow Wilson, changed the structure of the financial system and stole people’s freedom, as the economic system was reverted back into the same system which had existed beforehand, a system against which people had fought tooth and nail in a revolution to free themselves from. The power to issue money was taken away from the people’s government and given to a bunch of corrupt bankers, and from that day onward, all the money in circulation was created by a private group of corrupt banksters, that had to be loaned by the government and the people at interest, for which the people were held accountable as collateral to ensure payment of the interest.
From that time on, every dollar in circulation began as an interest-bearing loan. There were no other dollars in circulation that did not start out as a loan at interest from the privately-owned central bank system.
The way all the people became enslaved
From that moment on, the freedom of the people to refuse to borrow from the banks and to refuse to pay interest was stripped away. To participate in commerce with the United States at all, means everyone was forced to use debt-money, loaned at interest, to the profit of the bankers and at the expense of the public. People’s freedom to say “no” was stolen by Congress in 1913, without their permission, and even before many of us were born.
When people have lost the freedom to say “no”, they have no choice but to pay a percentage of their earnings in interest to the bankers, whether in private debt or taxes, to cover the gargantuan debts amassed by the Government itself, so all the people became and still are today, slaves to the bankers. And because more money is owed to the bankers than actually exists, as the interest money charged on the loan is purposely not created, the debt-slavery is thereby made permanent! No matter how hard you work, no matter how much you sacrifice, the debt can never be paid off. The system is intentionally designed to trap the nation’s population permanently in unpayable debt, to make them eternal slaves to that debt and to the bankers.
