“Don’t Owe. Won’t Pay.” Everything You’ve Been Told About Debt Is Wrong

[A HERETIC I AM]

12. This part is incorrect; (Edited)

The problem is that we're borrowing money from bankers (the Fed) to run our government.

The United States Treasury does NOT borrow money from "The Fed".

That's not how it works. The rest of that paragraph is dubious, at best.

The rest of your post involves double-edged swords and non-related points, and I don't really have the time or the inclination at the moment to respond. Suffice to say, I agree with some of it but not all. A well run central banking system is necessary, in my opinion. Let each state create their own central bank? Should they all issue their own script as well? 50 competing "dollars"? Great. Let's go back to the days when localized depressions were commonplace.

I'll have to read some of this from Ms. Brown, but I am skeptical right off the bat as she is in the camp (as are you, perhaps?) of promoting the bullshit idea that the Federal Reserve is a "private bank".

It's nonsense.

Edit to address your answer to my question;

Two reasons. We have the biggest economy and we're the biggest kid on the block.

It is a bit more involved than that, let me assure you. There is a much deeper reason why a greenback is accepted easily in almost all of the world than merely because we are big.