pandemic-bills-can-only-be-paid-by-printing-money/
https://www.explica.co/pandemic-bills-can-only-be-paid-by-printing-money/
This may be true BUT the important question is who should print the new money.
Should it be the FRS printing debt based money or the US Treasury printing
debt free money.
If we do it through the FRS we owe this money to third parties--
If we do it through the US Treasury we owe it to ourselves,the American citizens.
These third parties will have a claim on America's present and future wealth.
If we owe it to ourselves we can do with it what the American citizens decide to
do with it. WE can even cancel it or reduce the money supply with good fiscal policies.
Is the $1200 we just got from the US Government debt free money printed by the
US TREASURY???????? We hope so!!!!!!!
This may be true BUT the important question is who should print the new money.
Should it be the FRS printing debt based money or the US Treasury printing
debt free money.
If we do it through the FRS we owe this money to third parties--
If we do it through the US Treasury we owe it to ourselves,the American citizens.
These third parties will have a claim on America's present and future wealth.
If we owe it to ourselves we can do with it what the American citizens decide to
do with it. WE can even cancel it or reduce the money supply with good fiscal policies.
Is the $1200 we just got from the US Government debt free money printed by the
US TREASURY???????? We hope so!!!!!!!
