“The economic scheme in the U.S. of creating fiat book-entry money via T-securities in the amount of the principal of the security with a promise to repay the principal PLUS the interest (i.e., deficit spending) is impossible. The interest is never created.
The debt must continually be increased to pay interest on earlier securities or the scheme will collapse.”
Continue reading RIP-OFF BY THE FEDERAL RESERVE: Charges of Multi-Trillion Fraud Filed vs. Bankers