why would a privately owned banking institution, such as the Federal Reserve Bank continue to loan money to it's largest debtor, the US government when the amount of debt has obviously become unpayable?
1. There is nothing of any value backing the Federal Reserve Notes that we use as currency. The money is printed up as the government needs it, with the actual value of the currency being the value of the paper that its printed on. The value of every Federal Reserve Note is perceived value, nothing of actual value such as gold. Then they lend this newly created cash to the government and charge them interest on it. With almost no expense in producing currency, they get astronomical returns, mainly from the taxes that the IRS collects from us. If we ran the same type of operation, you and I would be imprisoned for counterfeiting.
2. Since there is no expense to the banksters to create and lend money, they can do it at will. If the government continues to borrow money from the Fed, eventually they will reach a point that the debt is too great to pay. We are past this point. Yet, the Fed is persistent to keep lending. Why? Well, they now have a new tool. A new bank called the World Conservation Bank. This bank has the same ability as the Fed to create money at will, give it to a country to pay a loan in default to it's central bank in exchange for that country's wilderness areas, federal lands, national parks, and natural resources. This is so the banksters behind the world's central banks can gain control over vast land areas of the world that will be off-limits to the non-governmental individuals in the future.
Sound harmless, crazy, or (why should I care)? These people behind the central banks have planned for hundreds of years to dominate the world. Now through globalization, the debt that almost all countries have racked up, and the control that the banksters have over governments through the CFR and the RIAA, they are now at the point where it is possible.