We exist in a Fiat money system. That is a money system that is based on notes of tender that are received purely on a promise to pay. A note of tender is money. It is borrowed from the Federal Reserve System a private corporation, by the United States Government. And that money is borrowed at an interest rate.
With the passing of the Federal Reserve Act in 1913 the first of these loans were granted to the United States Government by the Federal Reserve System. And in 1913 the Income Tax amendment was also passed by congress, to pay for the interest on this loan. That is what your Federal Income Tax goes toward, the interest on the money borrowed from the Federal Reserve System.
By its inherent design flaw the Federal Reserve System is the main cause for our national debt. If there were no debt, there would be no money. That’s all a note of tender is, a promise to pay.
Your federal income tax is not a legal one. There are a lot of reasons that the law itself is un-constitutional, but beyond that this amendment to the constitution was never ratified by three fourths or 38 of the States. There is no law, written anywhere that declares you have to pay one. Your income tax pays for the interest on all of the currency that has ever been printed or created by the Federal Reserve System.
It’s such a brilliant scam. We will never be able to repay our debt to the Federal Reserve System. The principle on our loan to them is all of the money in reality, but we still owe them interest! How is that even possible? We will forever and always be the banker’s slaves. We will always owe them. They have made it this way.
More to come on these bankers… stay tuned.
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