The Federal Reserve Chairman has come out saying that he is very worried about the U.S. Debt and rightly so. Consider that the U.S. was once debt free and backed by gold and since the Federal Reserve act of December 23, 1913 America began its descent into oblivion. It was not long after this act was passed that America experienced the Great depression and has had several since then. Before that, the economy was stable. Do you see what the global elite has done? Every world reserve currency that has ever existed has failed at one point or another and the U.S. Dollar is no exception to this rule.
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