March 15 will be an important day.

[Ragnarök_62]

(03-15-2017, 06:53 PM)Kinser79 Wrote: In regard to US Notes...It wasn't brought up in the MSM because that means that the US could attempt immediately to implement MMT to tackle the depression.

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It sounds exotic if one doesn't realize that the US does have a history with more than one type of money.  Indeed myself I'd like to see the Federal Reserve abolished.  After all Congress has the power to coin money so let them coin it.

1.  Yeah, I'd like to see the Private Banking Cartel, the FED abolished as well.  Fuck usury for the masses.


2. Yes, MMT is pretty much the way to go.  It's a weird theory though.  MMT is basically Austrian School married with  Neo-Kensyesnism.  I think it's better , because interest stuff is geometric debt growth, which we all know does not work, since geometric debt growth isn't sustainable, while linear "real bills" are.

3. I'd prefer debt based on "real bills", that is short term notes based on short term, max 60 day notes issued by industry/service entities avoids stupid shit like asset bubbles/ questionable debt ( hedge fund bets) is avoided.

4. PS. States can and will allow bills of credit based on the PMC [precious metals complex] to be allowed as "legal tender".  [url= https://www.thenewamerican.com/economy/e...r-as-money] Arizona, [/url] Utah, and now, I think Idaho, allow bills to be printed with precious metal backing.


5. Another idea:   Allow bills of credit, based on Mwatts, to be printed by power companies! I think a unit of credit, say 1 dollar  = 1 MJoule would be awesome. Energy production is pretty elastic, so let's let 1$ = 1 Mjoule of power added to the grid.  That would , yes, be awesome, yes, awesome, because Rags thought it up, yes, Rags did. Rags is like Trump, that way.  Rags and Trump like creative destruction, yes we do, yes.  Destroy the FED, yes, let's just "DO IT" ™.Xer style, take down the church of debt, the FED.  Tear it down, smash it to pieces, ya got me, there Kinser79? Rags is a Joneser, we , us Jonersers like fireworks for the 4T, let's spark the sky! Yehahhaaah.
, man.
6. For, may it be so, let it be, the status quo, has got to go!     I'm Jonsen's for the destruction of the FED.