Settling the National Debt Held by the Federal Reserve Bank

[Astroman (Nathan H)]

My policy proposal isn’t as fancy but i addressed the issue of how to pay off the national debt. Hope you find this informative. I included a couple of videos as i cannot take credit for it.

National Debt - Monetary Reform

Pay back Treasury Securities as they come due with United States Notes and destroy an equal amount of Federal Reserve notes. This will replace our debt based money system with a sovereign state money system. This is the ONLY way to pay off the national debt. This change can happen over night. The president just needs to tell the treasury to start doing it. We must also end the fractional reserve lending system where banks can loan out money they do not have. For more information please see. …