To create all money as debt is the antithesis of the Freedom God, the spirit of America and the American Constitution intended. It is at least, bondage, destructive, deficient and unnecessary. When interest bearing debt is used for money, there will be debt, lots of it, as the non-money debt is always greater than the money supply and growing with time. Since the switch, all money is debt. Not all debt is money. ‘CUTS’ and ‘EFFICIENCIES’ are not the way out.

The total American Public and private debt, near $100 Trillion, includes the Total M-2 money supply of near $20 trillion. The difference of $80 trillion is not money. It’s only a debt expected to be paid in money. It grows with time. The money supply only grows with more borrowing; more debt slavery in the Land of the Free. Money is extinguished when loan principal is repaid. Spending the $20 Trillion of debt money on the debt would extinguish the entire money supply and leave $80 trillion in debt growing with time.

Quotes from letters to me from the U.S. Treasury:
“The actual creation of money ALWAYS involves the extension of credit by private commercial banks.”
“Money for paying interest on borrowed money comes from the same source all other money comes from.”
That means that the interest is borrowed too; other loan principal.
“Money that one borrower uses to pay interest on a loan has been created somewhere else in the economy by another loan.” 

Quote from the Congressional Research Service:
“Money is created when loans are issued and debts incurred. Money is extinguished when loans are repaid.”

Interest, the non-money cost of money, is added to the costs of production and therefore, to the costs-of-living. This creates a constant rise in the costs of living and a growing “spread” between the money supply and prices resulting in, loss of purchasing power in the medium of exchange, growing money shortages, a dependent citizenry, political and social contention, corruption and growing difficulty making ends meet for all segments of society including the U.S. Government which has the Congressional authority to create money; an authority intended to create money as a wealth not as a debt so to preserve, protect and defend Life and Liberty.

Once, the American government did its duty to monetize American production as a wealth to the people; money that increased with productivity gains, was free of debt, free from obligation to perform for anyone and established Justice and the Blessing of Liberty, two of American foundational intents. The medium of exchange represented our labor, raw resources, ownership, the wealth of our nation; our garden. The wealth money supply only increased with productivity gains. Government could not create money until the people did production first; production that everyone needed, used and that the public benefitted from mutually so as to promote the general Welfare, not special interests. This PRINCIPLE resulted in a debt free medium of exchange. We could do commerce without having to be in debt. Free market. Free people.

Over 141 years, from 1792 to 1933, special interests lobbied to get Congress to pass bad laws in 1853, 1863, 1873, 1913 and 1933 resulting in Congress relinquishing its authority to create money to private interests in violation of the best interests of a free people and the Non-Delegation Doctrine. These actions switched our money from a debt free evidence of our production, Liberty and OWNERSHIP to evidence of debt, our BONDAGE and what we OWE.

America does not have a ‘spending’ problem. It has a borrowing’ problem despite its authority to create money. We are in debt bondage. We fought a Revolutionary war to prevent being forced to borrow from the Bank of England and into debt to pay the Stamp Tax of 1765. Yet, here we are, forced to borrow and forced into debt. No debt. No money.

America cannot be made great again unless it is Free again. Freedom made America great. Debt and bondage have not, and cannot. We could stop all spending, but the debt would continue to grow. As long as debt is all there is; ‘cuts’ and ‘efficiencies’ won’t fix the root of the problem which is bondage to debt via an enslaving bookkeeping system that records money as debt not wealth. This enslaving system is designed and supported by tyrannical people and their empathizers who, contrary to historical fact, believe and teach that there must be debt for money to exist and or, people who do not know how to or care not to bring new money into circulation with no debt or inflation.

America cannot ‘efficiency’ nor ‘cut’ its way out of its debt path to destruction. The only way to restore Freedom, Independence, true Prosperity, Morality, domestic Tranquility and Happiness and America is to restore the PRINCIPLE of a debt free medium of exchange like America attempted to start with. The PRINCIPLE requires that first, we the people, with our labor and resources promote the general Welfare by producing that which everyone needs, uses and benefits from equally and that results in a medium of exchange representing that production. The numbers are spent into circulation debt free in lieu of taxation or borrowing in exchange for the production. The money supply increases with productivity gains. We must transition from the creation of all money by private interests as unpayable debt to government and citizens and profits to them, to all money created by the public U.S. Treasury debt free representing production done that everyone needs, uses and benefits from mutually, our Liberty, OWNERSHIP and wealth of our Nation; public roads and bridges, our nation’s circulatory system.

Restore the PRINCIPLE. Combine 2 of America’s founding intents: to promote the general Welfare and secure the Blessings of Liberty with the Congressional authorities to create money and to establish Post roads.

Read the
Original American Transportation Act
and Discussion Draft 2 from Congressman Finstad’s office here:
http://www.debtfreemoney.org

Debt bondage has made us forget God’s intent and blessing that we be Free, and deny the Spirit and foundation of America, our 13th Amendment and Freedom.

Help restore Liberty, Justice, Prosperity, Independence, Morality and America via the PRINCIPLE of a debt free medium of exchange. Encourage the introduction and passage of the Original American Transportation Act. Share this letter. Call your Congress people.

Thank You for Your Service.

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