What's the solution? Prevent the issuance of treasuries to the FED by abolishing the power of Congress "to borrow money on the credit of the United States" from the Constitution by demanding an amendment. Our system is a huge version of the old "protection rackets". It probably goes back in histo...
If we are to really understand the root cause of our economic problems, we should take a hard look at the powers of Congress in the Constitution. Especially, that power of Congress "to borrow money on the credit of the United States". This is where all fiat money originates, from the power of pol...
What's the solution? Prevent the issuance of treasuries to the FED by abolishing the power of Congress "to borrow money on the credit of the United States" from the Constitution by demanding an amendment. Our system is a huge version of the old "protection rackets". It probably goes back in histo...