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To: Errant

Replacing them with what, bitcoins? Bank notes issued by banks? Barter?


4 posted on 12/15/2013 7:03:21 PM PST by narses (... unless you eat the flesh of the Son of Man and drink his blood, you do not have life within you.)
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To: narses; Deagle

Bitcoins or PMs would be a bit too much to hope for. How ‘bout at least Treasury notes???? At least a privately owed bank (i.e., the FED) wouldn’t be skimming 6% off the nation’s debt just for printing money out of “thin air”!


8 posted on 12/15/2013 7:07:26 PM PST by Errant
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To: narses
Replacing them with what, bitcoins? Bank notes issued by banks? Barter?

How about gold and silver?

A government that can not steal your wages and savings through inflation and can not run constant deficits with FED debt monetization must be a limited government.

21 posted on 12/15/2013 7:25:11 PM PST by PGR88
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To: narses
by the federal government... if we're gonna use fiat money, at least we shouldn't have to BORROW IT!!!
32 posted on 12/15/2013 7:40:48 PM PST by Chode (Stand UP and Be Counted, or line up and be numbered - *DTOM* -vvv- NO Pity for the LAZY - 86-44)
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To: narses

What did the US do before the Fed? How about bank notes issued by the Treasury. Spending money into existence is no more inflationary than what we have now and it eliminates debt.


86 posted on 12/16/2013 5:25:43 AM PST by freedomfiter2 (Brutal acts of commission and yawning acts of omission both strengthen the hand of the devil.)
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