Defensive Positioning in the Bailout's Absence [View article]
bonified -
The way we are currently *choosing* to create money is through debt only. (Well and the FOMC.)
The constitution authorizes congress to issue debt free currency. We (America) have a record as the longest users of debt free currency in history. But we gave that up.
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bonified -
Sep 30 17:09 pm
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All Comments by bobomite »Defensive Positioning in the Bailout's Absence [View article]
The way we are currently *choosing* to create money is through debt only. (Well and the FOMC.)
The constitution authorizes congress to issue debt free currency. We (America) have a record as the longest users of debt free currency in history. But we gave that up.
It's all about choices.