1. By issuing bonds that are purchased by the federal reserve.
2. Treasury (federal agency) and federal reserve banks (private)
3. Since the early 1900s.
4. I'm assuming they are left-leaning governments [if I had to guess the reason you are asking], but I have no idea.
5. I didn't know there was a consensus here, but most economists I read say it should be around 50%. If I'm not mistaken, we are poised to hit the 90% mark sometime this year.
There....happy now?
I'm happy, a reasonably intelligent answer.
k:
Now more questions: (and answer-elaborations)
1. Where does the federal reserve get the federal reserve notes to purchase the US Treasury bonds?
2. Who actually owns the federal reserve banks?
3. No question there, the federal reserve act was passed in 1913, however there have been hundreds of amendments to that act, inclucing the last fincancial reform act which we won't know how it works until we get it in place according to to top dhimmicraps.
4. America adopted the central banking system in 1913, Imperialist Russia was overthrown in 1917 and immediately accepted central banking which had paid for the so-called revolution from Wall Street and London locations.
5. You seem to be on the right track.
Most of our founding fathers argued that it should be zero per cent.
Andrew Jackson who founded the democrat party succeeded in getting it down to zero percent.
I see no need for the most prosperous nation in the history of the world to have the need to have any national debt whatsoever unless we are being flimflammed.
As one economist back in the mid ninties remarked; "To convince the American people we have been ripped off for fifteen trillion dollars is going to be a hard sell."
6. The American people have no oversight of the federal reserve banks whatsoever, no audit of the of the fed has ever been accomplished, it might be argued (and I am willing to enter such a disccussion) that several patriotic Americans have lost their lives while fighting to get such a feat accomplished.
