United States National Debt
The National Debt United StatesTotal National Debt
The national debt of the United States has reached numbers that are overwhelmingly hard to fathom:
Taking a step back from actual total dollar value of the debt, there is another rather important factor to review. Perhaps, this factor is even more important than the national debt itself. Let’s review the interest payments on the national debt. Interest Payments on the National Debt
How much interest is paid on the national debt? A lot. In fact, Take a look at the current total of interest expenses this fiscal year as of October 2011:
The Hidden Problem with the National Debt
The United States has paid to the Federal Reserve, a privately owned central bank in charge of our money supply, a total of nearly half a trillion dollars in interest payments alone. Who is receiving that interest? The owners of the Federal Reserve. Who is paying those interest payments? You, the taxpayer. That is the hidden problem and hidden truth you are not supposed to know. You pay higher federal income tax to pay interest on debt that is pocketed by the elitist rich. That is the real true nature of government debt in a country with a debt-based currency controlled and manipulated through a central private bank. Removing this debt-based currency in favor of a debt-free currency run by the government itself would mean saving half a trillion dollars per fiscal year. That’s a lot of money without any budget cuts or tax increases. This sounds like a political win for politicians in the eyes of the general public. However, it is political suicide for a politician in the eyes of the Money Changers, the people in charge of the Federal Reserve that hold the majority of the world’s wealth and do the most lobbying and contribution to those politicians’ campaigns. Perhaps it is time for a change in the sociological, political, and economic system of the United States. Historical Data on the National Debt
Take a look at previous fiscal year interest payments historically and a rather intriguing quote on how the Federal Reserve manipulates both bull and bear markets, recession and growth: |
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This is the strangest, most dangerous advantage ever placed in the hands of a special privilege class by any government that ever existed. The system is private, conducted for the sole purpose of obtaining the greatest possible profits from the use of other people’s money. They know in advance when to create panics to their advantage. they also know when to stop panic. Inflation and deflation work equally well for them when they control finance.” - Rep. Charles Linbergh (R-MN), United States Congressman 1907 to 1917. |
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Truth. To properly use our money and live a life in a system based on debt, we must understand how the money system truly works. Read an in-depth look into our money system and the powers behind the United States economy.
All data collected was taken from treasurydirect.gov.
