Saturday, July 12, 2025

Despite what you may be thinking, this could work

The only difference between Abe Lincoln greenbacks and the way we do it now is that the greenbacks didn't require debt. We get nothing for the borrowing, and we spend the interest money for no reason whatever except to make some other folks rich.

 



P.S.


Constitutional Amendment to go with the Greenback idea. It will keep Congress in check so that they won't sell off all of our assets to pay for their pork. No debt may issue unless it is to keep banks solvent as per the original intent of the Federal Reserve. Repeal Humphrey-Hawkins, as the Fed must not manage the economy. Let elected officialdom "manage" it. Congress would be lucky if they could manage a bowel movement.



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