“Exactly. Federal interest rates are simply a tax on currency, thus lowering interest rates are lowering the tax or cost of currency. As for the rebate, the same thing, returning taxes to the people and into the economy instead of keeping it in the Federal Gov. We need to get the prez the Line Item Veto so he (or the next president) can take care of all the pork & earmarks attached to vital bills and we can fix spending.”
Lowering the rates artificially inflates the currency. It’s an invisible tax.
Please go buy and read any Milton Friedman or Thomas Sowell book. Today.
BTW Bush signed the biggest spending bills ever into history - prescription drugs for example.
Borrowed from the chicoms - increasing the money supply further.
The dollar loses more and more value.
BUSH DERANGEMENT SYNDROME!!!!! BUSH DERANGEMENT SYNDROME!!!!
Remember, you're not allowed to question President Bush on Paul threads, you basher.