Today because private bankers issue our nation's currency, they control the economy as well as the people. The Federal Reserve creates the money as a debt instrument. We the People thereby become debtors and the bankers become our creditors.
The government could allocate a trillion dollars to improve the infrastructure of this nation and employ hundreds of thousands of laborers using debt free currency. It would be created by the U.S. Treasury. Since this money is a result of the productive labor of the workers, there’s no borrowing. No borrowing, no interest paid. The whole thing becomes unnecessary.
In the Constitution; Article I, Section 8, Clause 5, Congress is given the power to coin money but, is not authorized to transfer that authority to any other agency or institution, private or otherwise. The word coin used in this article is a verb that authorizes Congress to create money. Money created by Congressional authority is debt free while the money created by the banking institutions is not.
According John Adams there are only two ways enslave a nation, the first is by conquering it militarily and the second way is to drown it in debt. It is clear in the second way that the borrower is also the servant of the lender.
The government of the United States spends 2.6 trillion dollars to service the debt. If Congress were issue its own debt free currency we could reduce the cost of government by nearly 40% while at the same time lowering taxes, increasing employment, and ensuring the prosperity of the American people.
It is simple if you know and understand this: