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To: DontTreadOnMe2009

It is against the Constitution for the Federal Government to print money. They are only allowed to ‘coin’ money. Other than a during the Civil War, we coined money, and the country grew in wealth. But, we can not afford it now. So they gave monopoly power to a private company, known as The Federal Reserve, LLC. The value of a dollar has decreased 98% since 1917. We are on a power dive to worthlessness now.

Enjoy.


4 posted on 12/04/2010 10:15:42 PM PST by Leisler (They always lie, and have for so much and for so long, that they no longer know what about.)
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To: Leisler; SmithL
So they gave monopoly power to a private company, known as The Federal Reserve, LLC.

(rhetorical question) Then why doesn't the government negotiate a new company to handle this? I mean, the Fed Govt has made almost every department fight for their jobs. They have to find their own money, which means they have to compete with other agencies. Plus, every contract awarded has to compete against other companies and it's the lowest bidder who usually wins. Why not the Federal Reserve?

13 posted on 12/06/2010 6:12:36 AM PST by beachn4fun (You are either an American - or not!)
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