Can the United States 'Grow' Its Way Out of Debt?
• by Joseph Solis-MullenJust as today, in the years following World War II the United States faced a national debt exceeding 100% of GDP. Yet, by the early 1970s, that figure had fallen to around 30%.
Before 1933, FRNotes identified the Federal Reserve book-entry credit was redeemable in Gold or in Lawful Money. The bogus legislation of 31 USC #462 identified the FRNs as a Legal Tender --i.e., a debt of the public. Fraudulent legislation is void from its inception and the Rothschild Fed is responsible for $36 T.