To: MtnClimber
It's a spending problem created by the US electorate. Federal Reserve is just a whipping boy/excuse factory by the same electorate that thinks free money is everywhere. Federal Reserve is just a reactionary institution (That was ultimately designed by people who voted “for their betters” via the tag team of 16th Amendment/Federal Reserve Act).
In conclusion, the voters are to blame because they elect the representatives that create policies/programs/agencies/etc... in the first place. Every round of elections could call for the repeal of the 16th and Federal Reserve Act BUT WE DON"T because the American people love free money and compound intertest/COLA (That was "spent" decades ago via BOTH political Partys).
To: rollo tomasi
You are correct but what the electorate doesn’t understand is that a congressman’s best friend is inflation as it allows them to raise taxes on their constituency without passing a bill. More money to spend for congress.
8 posted on
09/25/2022 4:41:38 PM PDT by
frogjerk
(I will not do business with fascists)
To: rollo tomasi
Article 1, section 8
No State shall make anything but Gold and Silver coin a tender in payment of debts
The States still have the Constitutional Authority to put the Den of Vipers out of business by Criminalizing paper currency , yes it would be CWII immediately started by fedzilla
9 posted on
09/25/2022 4:42:42 PM PDT by
eyeamok
(founded in cynicism, wrapped in sarcasm)
To: rollo tomasi
It was called "Modern Monetary Theory" (MMT) but it was just another euphemism for "Magic Money Tree".
The looters never know when to quit stealing.
12 posted on
09/25/2022 5:00:50 PM PDT by
Aevery_Freeman
(Beware the coming TRUMPster Fire!)
To: rollo tomasi
"It's a spending problem created by the US electorate. Federal Reserve is just a whipping boy/excuse factory by the same electorate that thinks free money is everywhere." Exactly. The national debt, along with all the other "entitlements" that aren't even included, is going to be paid off using inflated dollars.
The alternative is to put us on a course of incredible unemployment, failing businesses, widespread foreclosures, and never-ending government mandates.
The solution, in so far as there is one, would require massive readjustments in energy policy, a laser focus on economic productivity, and a rejection of global warming nonsense. I don't see this happening until there is far more widespred suffering than is going on today. The survival instincts of Americans seem to have been suppressed by progressive nonsense.
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