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News Link • Ron Paul Says...

End The Scandal Ridden Fed.

• Ron Paul Liberty Report

Ever since 1913, the United States of America has been captive to an unconstitutional and immoral institution known as the Federal Reserve. The U.S. government is forbidden from counterfeiting money, so they outsourced it to a "private" cartel of banks. This is similar to how the government outsources censorship to "private" social media companies. Ever since 1913, the Fed has destroyed the value of the dollar, along with the U.S. economy; and it has financed endless wars and debts that cannot be honored. America can't the "land of the free" as long as there's a Federal Reserve.

1 Comments in Response to

Comment by dreamer
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The Fed buys deficit spending Treasury securities with book-entry credit. When Treasury pays bills with the book-entry credit, the commercial bank will cash the check and give them FRNs that used to be identified as redeemable in Gold or Lawful Money. In 1933, legislation 31 USC §462 identified FRN’s as a Legal Tender and a debt of the Citizens. If fraud is alleged, the legislation should be void from inception and the Fed is exclusively in debt for $37 Trillion.



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