The Truth About the Federal Reserve

The United States runs on debt. Our debt based economy uses I.O.U.’s to pay back debts owed by the government, businesses, and private borrowers. The Federal Reserve used to have gold that backed the value of a U.S. dollar. The gold backed dollar was removed by President Nixon to “save” the economy from a meltdown. What he did is sell all of the countries debt to the ones who actually own the FED. You be surprised to find out.