answersLogoWhite

0

All money owed by its creditors is the money to the Federal Reserve. All money borrowed is at a 5 percent rate on the government books. But, to understand this you must know about money vs. Credit. Credit is not money. Credit is just what it states, Credit. When you purchase with credit card this is just that credit only, no money changed hands so therefore NO consideration moved. Without consideration there is NO valid debt. I have proved this 3 times in court case of my own doing.

Federal Reserve is A private cartel of money laundering. These banks was suppose to be the bank of last resort, but, became the only bank. The Federal Reserve has made about 700 percent profif the last 10 or so years and pay NO Federal income taxes, NONE.

User Avatar

Wiki User

12y ago

What else can I help you with?

Related Questions

What of these terms refers to the total amount of money the U.S. government owes to its creditors?

Various terms are used depending on context, national debt, trade deficit or balance of payments are the most common.


How did Spain get its money?

from the 15th century to the 17th, a vast amount of money was borrowed by the monarchy from creditors in the Netherlands and Switzerland.


What refers to the original amount of money borrowed?

The original amount of money borrowed is known as the principal.


How does public debt compare to intragovernmental debt in terms of impact on the economy and government finances?

Public debt refers to the total amount of money that a government owes to external creditors, such as individuals, institutions, and foreign governments. Intragovernmental debt, on the other hand, refers to the money that a government owes to its own agencies and trust funds. In terms of impact on the economy and government finances, public debt can have a more significant impact as it represents money borrowed from external sources, which can lead to higher interest payments and potential risks to the country's credit rating. Intragovernmental debt, while still important, is essentially money that the government owes to itself and may have less immediate impact on the economy. However, both types of debt can affect government finances and the overall economic stability of a country.


What amount of money is insured by the government?

25000


What is capital adequacy norms?

Matt says that it is the amount of money that a bank keeps in reserve. behind the radiator, to pay creditors.


What does Monetary policy refers to the government?

control over money


What is the meaning of change in money?

A change in money refers to an increase or decrease in the amount of money held by an individual, organization, or government. This can occur due to various factors such as income, expenses, investments, or borrowing. Monitoring changes in money is essential for managing finances effectively.


What following refers to the original amount of money that has borrowed on the loan?

principle


Which of these terms refers to the amount of money loaned to consumers and businesses?

credit


What term refers to the amount of money loaned to consumers and businesses?

credit


What is Gross annual income?

Annual gross income refers to the amount of money a person makes in a year before taxes are removed. Net income refers to the amount of money made after the withdrawal of taxes.