47 Write an argument essay “The federal reserve system creates debt that can never be repaid by having the federal government pay interest to the Federal Reserve on the Treasury bonds the Fed holds”

Write an argument essay “The federal reserve system creates debt that can never be repaid by having the federal government pay interest to the Federal Reserve on the Treasury bonds the Fed holds, The federal reserve being allowed to print new money to buy the bonds, by using banks to create fake money and put it into the system, and by convincing people that our government will end up printing money to cover intractable deficits.” -Thesis. Argue how those claims are what is leading the FRS to create debt that can never be repaid.