Are you insinuating that an option of increasing the money supply and/or paying US gov't D2D expenses wood be to "just print?" You can't possibly expect such a process to succeed without giving "Gods workers" the fiat to purchase interest bearing paper backed by the full faith of the peoples of the U$A. That wood certainly lead to overheated markets (such as tech stocks or real estate) as investors go mining for higher returns.
Think of the turmoil if those markets crashed! Before one wood have a chance to catch a breath, we could have pieces of parchment replacing precious metals, petroleum, or food grains. Or worse, those items could be morphed into 1's and 0's!
Think of the heartbreak in DC if the major financial institutions couldn't augment the pittance elected officials receive as salaries. Taxes collected from the bloated 95% of the population (who also control nearly 15% of the wealth) have always been meant for the privileged few amongst us
How could our economy possibly organically grow if so-called ‘forward looking’ persons were rewarded with interest on their savings that exceeded the rate of inflation?
It’s taken our Federal Reserve led banking system close to a century to become the pillar and model of the capitalistic system. Failure must not go un-rewarded. The courage to take excessive risk with OPM (other peoples money) is what built this great nation.
Laws must only be followed by the lesser civilian base. To do otherwise wood simply lead to the formation of a banana republic in the center of the North American continent.
No doubt the founding fathers wood never have included verbiage such as ‘habeas corpus’ or ‘rights of assembly’ in the Constitution had they known such words wood spawn such movements as OWS. Blessed be the Officer Pike’s who man the trenches in a gallant effort to preserve the status quo.
In order for our financial system to survive, as well as this great nation, risk must be part of the public domain while privatizing any and all gains.
Yours truly,
Jamie, Lloyd, Ben, Tim, Larry, Pat, Alan, and the rest of the gang.
Ps..What is the meaning of KYPD?
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