What's a US Dollar Worth? : The Fed, Money as Debt

Many ask: What is "Injecting Liquidity"? Do Deficits matter? Where is the US Dollar going with this war spending and Debt?

See more: Paul Grignon's 47-minute animated presentation of "Money as Debt"

"Deficits mean future tax increases, pure and simple. Deficit spending should be viewed as a tax on future generations, and politicians who create deficits should be exposed as tax hikers."
- Congressman Ron Paul

""The abandonment of the gold standard made it possible for the welfare statists to use the banking system as a means to an unlimited expansion of credit... In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value... Deficit spending is simply a scheme for the 'hidden' confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists' antagonism toward the gold standard."
---Alan Greenspan

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[doctordoctordocism]

stop outsourcing... we need a tariff / bring manufacturing back to the states D:

[mburns113]

whatever bad shit we have done u are far worse...u let ur crazy religion trick the majority of your population into thinking its ok to purposely kill innocent people and that u will actually be rewarded for it. no serious muslim leader spoke out against the 9-11 hijackers and cities acros the muslim world danced in the streets that day, which i will never forget. u all can go fuck urselfs and if it was up to me id nuke the entire mideast with 911 bombs and be done with u once and for all

[mburns113]

views into your societies and when u try to criticize their govt they will shut down your internet or come to house and take u away...america has its problems and ill be the first to admit we need to interfare less around the world and take care of our own problems but be careful what u wish for is all im saying...if u live in or are sy,pathetic to the mideast, i completely understand ur beef with us and u should probably keep that view. but i dont care what u think of us because

[mburns113]

i just hate how people sit in their cozy houses, typing on their internet, which our military invented, free from any worry about another country fucking with them, simply because they are a known ally of the US and going on and on about how happy they are to see the US having problems...its ungrateful and if the US does collapse we'll see how long it takes for u to long for the days of america as the superpower of the world rather than the sneaky,communist chinese who will try to instill their

[mburns113]

china...every other country that has been half as powerful as us has tried to take over the world, while we let all of europe, north america and most of the rest of the world do their own thing..we could take ovedo our private citizens donate more $r any country in a month besides russia and china but we dont. what other superpower has chosen not to use all the power it has...not only do our private citizens donate more $ than anyone so does our govt, so idk why u use " " around "give aid"

[mburns113]

Im not one of those arogant americans who says fuck the rest of the world, America kicks ass, god bless america and all the oter cliches. But the fact is america is the most charitable country on earth, and though we have done some bad shit (iraq, vietnam, etc.) we are by far the the most giving superpower ever...every modern/western country in the world gets to puit their tax dollars towards education, healthcare, etc. becuase WE foot the bill on our military and protect u all from russia and

[timigaguy]

@mburns113

ahahaha u arn't one of those "the USA leads the free world types" are you?

i would respect what you just said a lot more if you were from one of the counties America 'gives aid' to.

[mburns113]

@Ducksbyday ur an idiot. the bailout was passed under bush. im no fan of obama but know what ur talking about if u are going to try and sound smart

[mburns113]

im an american and i think our country is fucked but i dont understand all the people saying good riddance and being happy about that. how is ur life going to be when china runs the world. no superpower in the history of the world has been as charitable as us. if u live in a 3rd world country u may have a beef with us. but if u live in europe, canada, mexico, australia, etc. we have protected u and come to ur aid time and again. its a sad time for the whole western way of life.

[atr1982]

fuck the U.S economy! I am so sick of this recession... I'm moving to Canada!

So sad that my country is kicking me out :(