The following tweet discusses a proposition that the Federal Reserve is trapped into a policy that will insure a failure down the road. If the attempt is made to wring out inflation, it will cause the entire financial system to collapse.
The system is based upon a pyramid of debt (my words not the author's). If so, then why not get rid of the debt, and substitute equity instead? The equity would be in the assets held by the US Government, of which there is plenty enough to satisfy the national debt many times over.
The downside could be WHO owns the equity.. Consequently, the equity should be held by "WE THE PEOPLE". The Constitution says "full faith and credit of the US Government". Therefore, in keeping with the spirit of self-government, this proposition will fulfill the lawful Constitutional mandate, so that government can be financed.
If the proposition of the author is correct, failure is inevitable. But there's time to chart another course. Didn't Abe Lincoln finance the Civil War (initially) through the use of Greenbacks?
But this bothers people. After all, what backs the Greenbacks? The current illusion is that debt backs the currency now, but that is not true---provided that the author of the piece is correct. Therefore, the debt cannot be repaid the way things are now.
Indeed, the whole idea is to NOT pay back the debt. This means that it must be some sort of plot to seize control of the financial system. Well, if it is already under control of international bankers, then isn't it high time that the people should take it back?
https://t.co/VCNh85VzeK -- Comment: A quick perusal shows pessimism with regards to solutions for the problem. The solution is to go off the central bank system and on to another that can offer price stability. Not only that, it offers an end to the enslavement to the banks.
— BootsandOil (@BootsandO6892) December 1, 2025
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