The Federal Reserve Formula that was designed at Jekyll Island Ga in 1910 knew explicitly that Debt was the number one ingredient needed for the great leviathan to exist.
You see, THAT is how money is really created. Only 3% is printed paper, the rest is created out of thin air when a slave signs a piece of paper to borrow a specific amount. Only then does he owe back, with his labor, the principle and interest....and that is what creates money, not the presses. Corporations create debt the same way. And the cycle continues. Again, money is NOT created by a printing press, but is created through loans, some of which are forced on the populace and local governments as well.
If every debt in America was paid off tomorrow, The Federal Reserve would collapse. Since the Fed is a lie, it would now be exposed for the fraud that it is. If there are no loans, the evil would frankly dissipate. If a Loan Shark has no outstanding loans in the neighborhood, he is quickly out of business and will disappear.
And yes, in order to insure its own survival, it will create MORE debt. |