he forgot to mention that we dont need treasury bonds. WE DONT NEED BONDS!!!!!
There is a erroneous claim that bonds hinder inflation...Wrong. if we eliminate bonds and just keep enough money to maintain a balance economy, we would not need bonds. Like Abraham Lincoln, the government has the right to print is own money and use it. this is within reason of course. what is happening today is that the private banks are "creating" money.
DR RON PAUL is our last, best chance for ending the OUT OF CONTROL SPENDING of the US Government! Vote for Ron Paul in your state's Republican Primary!
A good, stern history lesson much needed. Whether politicians and presidents are inept ideologically aggressive and authoritarian, we must send them packing and, if the U.S. is to survive, elect principled statesmen/women who will turn this country 180 degrees toward honesty, peace and freedom.
he forgot to mention that we dont need treasury bonds. WE DONT NEED BONDS!!!!!
There is a erroneous claim that bonds hinder inflation...Wrong. if we eliminate bonds and just keep enough money to maintain a balance economy, we would not need bonds. Like Abraham Lincoln, the government has the right to print is own money and use it. this is within reason of course. what is happening today is that the private banks are "creating" money.
se7ensnakes 7 months ago
And that $571 Billion in INTEREST the USA spends annually on its national debt is 3 TIMES the public debt of the ENTIRE WORLD!!!! Whoa!
1952Bebe 8 months ago
USA spends annually $571 Billion in INTEREST on its national debt!! Wow!
1952Bebe 8 months ago
DR RON PAUL is our last, best chance for ending the OUT OF CONTROL SPENDING of the US Government! Vote for Ron Paul in your state's Republican Primary!
Liberty will reign in America!
Tjoe182 8 months ago
Thank you for the kind words, PeterScottFrost. Please spread the message.
answerman1949 8 months ago
Excellent!
peterscottfrost 8 months ago
A good, stern history lesson much needed. Whether politicians and presidents are inept ideologically aggressive and authoritarian, we must send them packing and, if the U.S. is to survive, elect principled statesmen/women who will turn this country 180 degrees toward honesty, peace and freedom.
leafwatch 8 months ago