Comment: Other than the 20 year option, it seems to be open ended

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Other than the 20 year option, it seems to be open ended

Perpetual, but at the discretion of Congress.

In 1913 Congress sold US down the river.

It is my belief that FDR confiscated gold to pay the 6% Congress promised Federal Reserve members.

My guess is that members threatened to take the exit option offered at 20 years if Congress reneged (Probably an empty threat). But it was enough to bring terror to a progressive like FDR who longed to implement Marx's 10 Planks of tyranny. Of course, the progressives thought Marx was giving a recipe for an ideal government. It was instead a trap to insure a government so tyrannical that the oppressed would rise in violent revolution.

What Machiavelli had done to Princely powers, Marx did for democracies.

Rep Louis McFadden read into the Congressional record that the Federal Reserve was a fraudulent organization having absconded with enough funds to repay the nation debt twice.

A full Audit full audit of the US Treasury would be revealing.

Free includes debt-free!