$35 TRILLION NATIONAL DEBT: And there’s virtually no rigorous accounting measures or independent auditing process!

THE YELLOW BRICK ROAD

Submitted Anonymously

The Federal Reserve does not want the public to understand their economic operation. Bidens’ nearly $2 Trillion annual deficit was cash money alleged laundered by Rothschild bankers for ActBlue, for RINOs and administrative corrupt politicians, for funding invasion caravans and national pandemics, for funding the IMF to oppress nations and initiate global coups, and for further BlackRock and Vanguard acquisition of industrial control, as well as other globalist projects.

Deficit Spending Treasury Securities [DS] are transferred from the U.S. Treasury to the Federal Reserve Bank of New York [Bank]. The Bank, as fiscal agent for the government enters the fiat credit value for government to spend into a government ledger. This private credit for the government to spend is received by suppliers of government, by checks, which are then deposited or cashed at commercial Main Street banks. Value [inflation] is by this means added to circulation.

The documents that may be received from the Bank, if requested, are prominently identified as Federal Reserve Notes, i.e. the Fed owes you something. Historically, it declared in small print to be redeemable in gold, silver, or lawful money. After bogus legislation, Federal Reserve Notes are now identified to be a legal tender. By this means, what was originally a debt of the Fed is now a debt of the people of the country.

The FED makes every effort to conceal the disposition of the DS Treasury securities. Treasury Direct [TD] Institutional tabulations historically revealed that components of the DS securities, labeled as New Cash, are added to auctioned securities for redeeming [rolling over] maturing securities in the market.

The FRBNY has exclusive control for the handling of auction funds, including the interest rate, and any related action they wish to claim. The TD values must come from the Bank. The relevant client accounts [not operational accounts] have never been audited by the GAO (Government Accountability Office). Requests to TD for basic edification and further  enlightenment are all ignored. Ref: 31 CFR §375.3.

The New Cash components, which total $35 Trillion over 100 years, do not appear on any additional government accounting sheet. If the funds went to government, it would eliminate any increase in the National Debt. The funds must go to a private entity, perhaps to shareholders of the closely held Federal Reserve Board of Governors, Inc. That would appear to conflict with the charter provision that all profit belongs to the government.


“The easiest way to overthrow a government is to debase the currency.”

— Karl Marx


 

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