03-15-2017, 06:53 PM
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.
But I think the reason it really wasn't brought out is because the Fed simply doesn't want the competition. And except for the extremely old no one remembers a time before the Fed, and even then those extremely old were little kids. Toward the end in the Small Size notes Greenbacks looked much like federal reserve notes just with a red seal instead of green. (There were also blue seals for silver certificates, and yellow ones for gold certificates). A difference that a collector might notice but one that your average Joe wouldn't.
It also doesn't play in nicely with their kabuki theater that they've used for the past half-century or so.
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.
But I think the reason it really wasn't brought out is because the Fed simply doesn't want the competition. And except for the extremely old no one remembers a time before the Fed, and even then those extremely old were little kids. Toward the end in the Small Size notes Greenbacks looked much like federal reserve notes just with a red seal instead of green. (There were also blue seals for silver certificates, and yellow ones for gold certificates). A difference that a collector might notice but one that your average Joe wouldn't.
It also doesn't play in nicely with their kabuki theater that they've used for the past half-century or so.
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.
It really is all mathematics.
Turn on to Daddy, Tune in to Nationalism, Drop out ofUN/NATO/WTO/TPP/NAFTA/CAFTA Globalism.
Turn on to Daddy, Tune in to Nationalism, Drop out of