Comment: The Federal Reserve loaned Germany the gold to back the mark

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The Federal Reserve loaned Germany the gold to back the mark

This is the testimony of Rep Louis McFadden in 1932

The loans to Germany and Japan made in 1931 come due in 1941. Japan bombed Pearl Harbor, Germany declared war on the US. US military was paid to reposes the loaned gold. Congress sacrificed the labor and blood of soldiers to resolve the US bankruptcy.

Free includes debt-free!