Can /pol/ redpill me on the Federal Reserve?
So I know that they're not federally owned despite what the name implies, and I know that the U.S dollar is not actually a currency the U.S owns, but a representation of how much the U.S government owes the Federal Reserve. I also know that there's interest in every dollar printed in order to deal with inflation.
But how does that work in specific? Say for instance there exists no dollar bills in the world, and the Federal reserve prints a $1 bill with 25 cents interest on top of it. So the U.S gov. owes 1.25 dollars to the fed, but how will it ever pay that interest back if only a 1 dollar bill has ever been printed?
Wouldn't that result into an endless spiral of printing, inflation and debt?
>>127546490
>Wouldn't that result into an endless spiral of printing, inflation and debt?
It's not endless; when the paper money people run out of paper they start a major war to perform a 'tabula rasa.'
You watch.
>>127546490
>Wouldn't that result into an endless spiral of printing, inflation and debt?
Yes, and that's the whole point.
If we have control over the countries monetary power, then it means we're free. If we don't, we're not free.
>>127547626
Thanks, Hans.
Will read when I have time.
>>127546490
Nixon + Petro-Dollar + Saudi Arabia
>>127546490
"Paper currency inherently reverts to its original intrinsic value- Zero." Voltaire
Cool guys
Comprehensive redpill:
https://www.youtube.com/watch?v=ByFfzMORXSM
Bill Still The Money Masters:
https://youtu.be/hVRm2OAhwsE
Listen while you game or do housework.
>>127546490
monetary policy is highly disputed. Maybe learn the theories before you shit post.