"Wrong again, the US Gov.t doesn't issue its own currency, that is supplied by the FED which is privately owned."
The Federal Reserve System fulfills its public mission as an independent entity within government. It is not "owned" by anyone and is not a private, profit-making institution.
As the nation's central bank, the Federal Reserve derives its authority from the Congress of the United States. It is considered an independent central bank because its monetary policy decisions do not have to be approved by the President or anyone else in the executive or legislative branches of government.
And also
The US treasury prints the currency via the bureau of engraving and printing. The FED CANNOT credit the private sector directly, the treasury can via deficit spending.
the only way it would stop paying interest on its debt would be for political reasons not because it's run out of money.
For someone that has no debt you really are worried about other people's .
Sick of being wrong with your conspiracy theories?
