The Federal Reserve is a private institution that prints money for the government on loan. Meaning that every dollar bill is created from debt. And like any debt this money has interest attached, so every dollar bill has an additional amount owed to it. The interest is paid by the Federal Income Tax which was implemented at the same time as the Federal Reserve. Effectively, we give away our hard-earned money to pay something that shouldn't exist in the first place. Not to mention that the FIT is unconstitutional as it is a direct tax on the people. Before the 16th Amendment was passed we used US notes. Which were printed by the government, debt-free. Meaning no pointless income tax, and no national debt.



