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Scooped by L. Charles Burch onto MN News Hound |
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If the Fed were actually a federal agency, the government could issue U.S. legal tender directly, avoiding an unnecessary interest-bearing debt to private middlemen who create the money out of thin air themselves. Among other benefits to the taxpayers. a truly “federal” Federal Reserve could lend the full faith and credit of the United States to state and local governments interest-free, cutting the cost of infrastructure in half, restoring the thriving local economies of earlier decades.
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Scoop.it!
A question keeps nagging at me: Are all of us, including the left, reacting to an entirely engineered reality, fed to us via an all-embracing media? We get blown this way and that, all of it being determined by whatever ‘event’ the globalized media decides to feed us with. Then, just as ‘mysteriously’, the ‘event’ disappears to be replaced by yet another ‘event’. Delete the scoop?
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France's far-right presidential candidate pushes for exit from euro, border controls - CenturyLink™... Delete the scoop?
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