To: iconoclast63
You haven’t answered any of my questions or proven any of your assertions. Try again?
91 posted on
06/20/2007 3:01:25 PM PDT by
Toddsterpatriot
(Why are protectionists (and goldbugs) so dumb?)
To: Toddsterpatriot
You have not asked me a single question, you have merely sat back and said I was wrong. I suggest that anyone keeping track of this thread, not you Todd because you are an idiot, go the website I posted: www.monetary.org and read up on the subject. There is much to be learned and much to be gained by all of us by putting forth a serious effort to reform our corrupt monetary system. Here are the 3 principle recommendations of AMI, for your approval: Monetary reform is achieved in 3 parts which must be enacted together for it to work. Any one or any two of them alone wont do it, but could actually further harm the monetary situation. First, incorporate the Federal Reserve System into the U.S. Treasury where all new money is created by government as money, not interest-bearing debt, and spent into circulation to promote the general welfare; monitored to be neither inflationary nor deflationary. Second, halt the banks privilege to create money by ending the fractional reserve system in a gentle and elegant way. All the past monetized private credit is converted into U.S. government money. Banks then act as intermediaries accepting savings deposits and loaning them out to borrowers; what people think they do now. Third, spend new money into circulation on infrastructure, including education and healthcare needed for a growing society, starting with the $1.6 trillion that the American Society of Civil Engineers estimate is needed for infrastructure repair; creating good jobs across our nation, re-invigorating local economies and re-funding government at all levels
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson