FUND RELIEF DIRECTLY FROM US TREASURY
https://www.forbes.com/sites/lisettevoytko/2020/03/17/trump-administration-wants-to-send-checks-to-americans-immediately-as-part-of-coronavirus-relief/#5cd548a33542
If they are going to infuse money into the economy,they should originate it from the US Treasury and NOT with taxes. They should issue the money directly from the US TREASURY that would be debt free money.This goes to the basic concept of coining of money-the power that the congress was given by the US Constitution.It would be debt free money.Most money issued by the Federal Reserve System
is based on debt.Somebody has to go into debt to create that money-loans,bonds,etc.
To prime the pump of the economy should be done with debt free money.
This would be a good measure if it is done properly in accordance with the US Constitution.
President Trump should approach this idea very carefully because it could increase the national debt
to such a degree that it would push the economy over the edge with debt that would endanger the
future of our country.
https://www.wsj.com/articles/federal-reserve-will-launch-commercial-paper-funding-facility-11584456371
Why not do this directly from the US TREASURY?????????
If they are going to infuse money into the economy,they should originate it from the US Treasury and NOT with taxes. They should issue the money directly from the US TREASURY that would be debt free money.This goes to the basic concept of coining of money-the power that the congress was given by the US Constitution.It would be debt free money.Most money issued by the Federal Reserve System
is based on debt.Somebody has to go into debt to create that money-loans,bonds,etc.
To prime the pump of the economy should be done with debt free money.
This would be a good measure if it is done properly in accordance with the US Constitution.
President Trump should approach this idea very carefully because it could increase the national debt
to such a degree that it would push the economy over the edge with debt that would endanger the
future of our country.
https://www.wsj.com/articles/federal-reserve-will-launch-commercial-paper-funding-facility-11584456371
Why not do this directly from the US TREASURY?????????
