Money doesn't buy what it used to, and the purchasing power of the dollar continues to go down every day. We are faced with a situation of perpetual debt, foreseen by the formidable Presidents Thomas Jefferson and Andrew Jackson. Since both the Federal Reserve Bank and the Internal Revenue Service were set in place indefinitely in 1913, the nation has been struggling to come up with the money to pay the previous generations debt. It plunged us first in to the Great Depression and more recently into a recession, 2 completely unnecessary situations. The Federal Reserve Bank loans out money to the Government and other banks which becomes the circulating currency, but charges interest as well. Thus the government and other banks owes the Federal Reserve Bank more money than is in circulation, leading the government to tax the people more and more in order to pay off this ever-growing debt.



So I ask you: Is it fair to be born into debt?