The elephant in the room

P F Tinmore

Diamond Member
Dec 6, 2009
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The constitution gives congress the authority to create our money. This money would not have any debt or interest.

Instead, we borrow money creating debt and interest.

People wring their hands about our debt. However, that debt is a choice.
 
'The elephant in the room'

That's not an elephant - that's HILLARY

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The constitution gives congress the authority to create our money. This money would not have any debt or interest.

Instead, we borrow money creating debt and interest.

People wring their hands about our debt. However, that debt is a choice.
George Floyd tried creating his own money.
Look where that got him.

We screwed the pooch when we left the gold standard behind for good.
FDR confiscating our gold & silver didn't help either.

The reason fiat currencies will never work is because they are they are backed by nothing but faith & based on the errant belief a govt can be trusted to be fiscally responsible.
 
The reason fiat currencies will never work is because they are they are backed by nothing but faith & based on the errant belief a govt can be trusted to be fiscally responsible.
Good point. The value of our currency is based on the strength of our economy. (good faith) If our economy falters so will our money.

Has nothing to do with my post though.
 

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