hi,as far as i know the government only prints 5% of the national currency. priviate banks - like the federal reserve! - print the 95% which it then loans to the government. the government must pay this back to the banks with interest.sound corrupt?

You are missing the point. It doesn't matter who operates the printing presses, and the federal reserve is much like a local utility: Since it is the only licensed monopoly and is heavily controlled by the federal government, it can be considered to be a branch of the government, even if it technically is not.

Both sides to this debate have decent point, which i will not go into at this moment. I think the main issue that should be addressed, somehting that will prove one sides contention, is what is used as collateral with these loans. The conspiracy theorist point of view is that the main internation bank need simply claim their money and they would be able to foreclose on the government and in a sense take over, completing the dictorial instilatin progress that we've been seeing for the past few decades. So,is the federal government really the collateral that is used? Is there collateral in these loans? No doubt, it is strange that an entity that prints all the money would then loan it to a government at interest, thus ensuring they owe more than is possible to pay back; but, is this really pertinent. Let me know what y'all find on this. I am just beginning to look at it in a critical perspective. i suggest everyone do the same instead of holding obsitnate and groundless positions.
Regard, Jesse Lyles

A couple facts I believe folks here have missed. The Federal Reserve and it's Chairman, answer to the president of the united states. The us congress sets standards etc. the fed cannot simply print money at will. The US treasury sets economic policy as well as enforces standards. They even have arrest authority, ask now deceased Al Capone. i suppose you could say that it works with the government but the Fed is not part of the government as a branch at least. They are heavily manipulated by, since GW Bush, the executive branch. They can kinda fall into the legislative area too depending on current social conditions and the strength of the President.

WHY DO I PAY TAXES ON MONEY PRINTED BY THE GOVERNMENT OR THE BANK IT IS JUST A BUNCH OF PAPER THAT IS NO GOOD IT DOES NOT EVEN HAVE TO BE BACKED UP NOW WITH GOLD RESERVE OR NATURAL RESOURCES JUST A SIGNATURE FROM SOMEONE OF IMPORTANCE AND THE MONEY IS PRINTED = SO WHY TAX THE PEOPLE WHEN IT IS NOTHING BUT PAPER OR OUR WE THE PEOPLE NOW THE CALATERIAL