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Economic Values

Why America is in debt

Debt.

Just the word sends a cringe down my spine.

Debt.

UGH!

Why is it that American's are so indebted? Why have we been taught and propagated to believe that "credit" is a wonderful thing and debt is "okay". In reality, debt is servitude. Who is in possession of power in a monetary relationship, the debtor or the creditor?

Throughout time, debt has been the silent assassin which leads people to servitude. America has over 9 trillion dollars in debt! How did that happen? Did you "earn" the right to "not question the federal debt" and just know that, as an US Citizen, you are under the hand of the bankers? How is fiscal policy managed today? How can one pay off something with a Federal Reserve Note that is based on debt?

0 + 0 = 0.

Debt + Debt = More Debt

Federal Reserve Notes + Federal Reserve Notes = More Debt.

Our whole fiscal financial base is "Bass Ackwards". We allow the Federal Reserve Bank to manipulate the financial base. The Federal Reserve is a PRIVATE banking institution. They manipulate the currency base through inflation and deflation. Is it any wonder that gas is over $3 a gallon and headed higher? Is it because gas costs more?... Maybe... but I believe it's because the dollar is worth less and less. Now, how has America given her authority to allow this to happen? What was Congress thinking when this did happen? It has lead to debt and servitude.

America needs to learn how to "live within Her means." We must start with each individual. Only within each individual does collective strength occur. If America demanded that banks and lending institutions stop the fraud that is occuring, we will once again prosper at a rapid rate. Much faster than we are now.

Get out of debt. Slash your credit cards. Pay off your mortgage faster. Unleash the shackles around you and climb to freedom!

Learn more about this author, Sir Charles.
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Why America is in debt

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