By Nikki Alexander
Guest Writer
Dandelion Salad
http://nikkialexander.wordpress.com
Oct. 23, 2011
With all the hysteria about government debt and deficit spending, ostensible pretexts for annihilating the public, why is no one scrutinizing the source of the problem ~ the monetary system?
Our economy has been running on credit/debt since 1913 when Congress outsourced its sovereign authority to create the nation’s money and gave that privilege away to a cartel of private banking corporations ~ the Federal Reserve System. After 1913, our so-called ‘money’ supply could only be created by banks generating credit as loans. Continue reading