Have you ever run up $5000 of credit card debt? Many people have run up much, much more than that, but let us use $5000 for our example.
In 1983, the bottom 95% had 62 cents of debt for every dollar they earned, according to research by two International Monetary Fund economists. But by 2007, the ratio had soared to $1.48 of debt for every $1 in earnings.
Today, the U.S. national debt is more than 5000 times larger than it was when the Federal Reserve was first created back in 1913.This is why it is so important for the American people to realize that the Federal Reserve is a perpetual debt machine.
The goal has always been to enslave the American people.Debt is used to enslave us individually, it is used to enslave our businesses, it is used to enslave our state and local governments and it is used to enslave our federal government.