Jim Rogers: Zwolnijcie Bernanke i rozwiążcie Fed

I tyle

Category:

Education

Tags:

• jim
• rogers
• kryzys
• finansowy
• fed
• bernanke

[pirucreek]

If you abolish the fed. The U.S. economy in real goods would explode. Banks would be forced to get jobs working in factories and farms. This is real wealth. There would be investments based on cost-benefit of the project rather than just floating money here or there.

[33dmxplll]

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[Pieniadzo]

co to za akcent?

[pirucreek]

Thus $100 billion a year in free tax money with no inflation. There is no reason to pay interest to the fed. If the treasury own the supply, rather than issue saving bonds, the treasury allow everyone to borrow directly from the treasury say $20,000. The government has the means to take this money directly out of your paycheck. And if you lose your job they could even suspend repayment. Banks would still exist. however their funds would only be private depositers.

[pirucreek]

I have done some research on this. The first two did not fail it took people like Jackson to risk their life to abolish them.

2nd the fed should be abolish the ed is based on fraud. There is no reason to have it. Lincoln during civil war did not want to pay 18% interest. Thus he allowed treasury to increase currency via greenbacks. Th fed could be abolished and 10 trillion could be the money supply. They could increase money supply 1% a year to cover the population increase.