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There is a way to print huge amounts of money and actually reduce inflation, by bypassing the Fed and paying government bills directly from the Treasury.
Now, let's say that all of a the society increases to 2,000 people, who also have their own wants and needs. Assuming those wants and needs are equal to the first 1,000 people, then the increased demand should drive prices up.
The money would be debt and interest free. It would be a grant instead of a loan.Why would that reduce inflation?
The money would be debt and interest free.
The Federal Reserve is not part of the government. It is contracted to the government. It puts orders into the Treasury department to print currency and mint coins. There are supposedly certain debts that can be wiped clean by instituting a currency owned by the government.If we disbanded the privately owned Federal Reserve
It's part of the government.
and then enacted a National Treasury Currency owned by the government/people we may be able to get rid of some of that debt.
How would that "get rid of some debt"?
You pay the interest at tax time. The $20's are notes of indebtedness.The $20s in my wallet are debt and interest free.
Lincoln's greenbacks did that.The Federal Reserve is not part of the government. It is contracted to the government. It puts orders into the Treasury department to print currency and mint coins. There are supposedly certain debts that can be wiped clean by instituting a currency owned by the government.
The Federal Reserve is not part of the government. It is contracted to the government. It puts orders into the Treasury department to print currency and mint coins. There are supposedly certain debts that can be wiped clean by instituting a currency owned by the government.
You pay the interest at tax time. The $20's are notes of indebtedness.
Yep. Had this conversation with my youngest when he was nine. Except he got itI learned this in daycare before i started school.
When money increases and goods stay the same, inflation occurs.
What’s there to discuss? It’s happened every time it was done. Without exception.This is often discussed in a variety of ways. I remember a few years ago there was this idea floated that Obama could order the mint to create two $10 trillion coins, then have them deposited into the federal reserve to pay off the debt. The pandemic emergency payments and unemployment benefits have often brought the conversation to whether we're simply making money out of thin air.
So let's talk about it. Do you believe that printing money will will cause inflation? Why, why not?
haha it’s owned by the Govt created by Congress in 1913, its board is appointed by the GovtThe Federal Reserve is not part of the government. It is contracted to the government. It puts orders into the Treasury department to print currency and mint coins. There are supposedly certain debts that can be wiped clean by instituting a currency owned by the government.
They printed more after you earned it, lowering the value of what you earned retroactively.haha it’s owned by the Govt created by Congress in 1913, its board is appointed by the Govt
also the US Govt owns the currency….its the only body that can create it..unless you mean something different by own…it certainly doesn’t own my money….however it created, printed the money….then i earned it
This is often discussed in a variety of ways. I remember a few years ago there was this idea floated that Obama could order the mint to create two $10 trillion coins, then have them deposited into the federal reserve to pay off the debt. The pandemic emergency payments and unemployment benefits have often brought the conversation to whether we're simply making money out of thin air.
So let's talk about it. Do you believe that printing money will will cause inflation? Why, why not?
It depends upon the macro picture. There was so much slack in the system between 2009 and 2021 that the Fed was able to add over $9T to its balance sheet, and while everyone was waiting for inflation, it didn't happen. And it ultimately only happened because of the worst of all worlds: An explosion of pent-up demand and profoundly damaged supply chains.This is often discussed in a variety of ways. I remember a few years ago there was this idea floated that Obama could order the mint to create two $10 trillion coins, then have them deposited into the federal reserve to pay off the debt. The pandemic emergency payments and unemployment benefits have often brought the conversation to whether we're simply making money out of thin air.
So let's talk about it. Do you believe that printing money will will cause inflation? Why, why not?
It is owned by private bankers. Globalist Bankers, financiers and industrialists make up most of them. Rockefeller, Morgan, Warburg and Rothschild to name a few. The Creature from Jeckyl Island is a time-honored book on this and other events in history. They control the printing presses. They tried a few times in our history to bring a fiat currency into existence and we ended up back to gold and silver currency. These are the real powers of the world. Soros is their butler.haha it’s owned by the Govt created by Congress in 1913, its board is appointed by the Govt
also the US Govt owns the currency….its the only body that can create it..unless you mean something different by own…it certainly doesn’t own my money….however it created, printed the money….then i earned it
no. no it’s not owned by them. It’s owned by the Govt, controlled by Govt employeesIt is owned by private bankers. Globalist Bankers, financiers and industrialists make up most of them. Rockefeller, Morgan, Warburg and Rothschild to name a few. The Creature from Jeckyl Island is a time-honored book on this and other events in history. They control the printing presses. They tried a few times in our history to bring a fiat currency into existence and we ended up back to gold and silver currency. These are the real powers of the world. Soros is their butler.