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<p>[QUOTE="Cloudsweeper99, post: 1268241, member: 3011"]The debt can't be paid off under the central banking system. The money is the debt and the debt is the money and if the debt held by the Federal Reserve went to zero, the money supply would shrink so drastically that the economy would plunge into depressions. The way around this is to return the money-issuing function to the US Treasury Dept so that we can have debt-free money, but that isn't going to happen. So embrace the horror.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 1268241, member: 3011"]The debt can't be paid off under the central banking system. The money is the debt and the debt is the money and if the debt held by the Federal Reserve went to zero, the money supply would shrink so drastically that the economy would plunge into depressions. The way around this is to return the money-issuing function to the US Treasury Dept so that we can have debt-free money, but that isn't going to happen. So embrace the horror.[/QUOTE]
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