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Forum Post: If we ever paid our debt to the banks it would result in no currency.

Posted 12 years ago on Nov. 27, 2011, 9:43 a.m. EST by yarichin (269)
This content is user submitted and not an official statement

If the government borrows $1 they must pay the FED back $1.06 the Fed is the only source of money. The government has to borrow more, in this case $1.06 and now owes $1.12 and the national debt climbs to $2.18, the only source of money is the FED...... you see where this is going. If the government ever paid of the FED by returning every dollar in circulation we would have no currency and there would still be interest to pay. It is a scam.

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