The truth is we could solve the debt crisis and make the dollar the #1 currency in a few minutes, if we wanted to.
End the Fed. Nationalize it.
Stop allowing banks to create money. They can only loan money they actually have. Not a penny more. If they do, then they get seized by the government for fraud.
Have congress print enough money to maintain a stable currency. Shoot for 0% inflation. That money must be spent on the American people in projects or things that will benefit everyone -- not welfare checks or such.
Sell all the federal land in a public auction. Including the military bases and such. Because we don't need a standing army. Let the states maintain their own militias.
End all federal regulations and taxes. Just start over from 0. Disband all the federal agencies. The executive branch will be the president and like 4 other guys doing everything. No one else.
Because we need to print enough money to keep the money supply stable, we need to match the economic growth. Say the economy grows by $1 trillion in a year. That means we need $1 trilling in new currency to match it. Since the banks can't create any of that money, the congress must do so. So congress prints $1 trillion brand new and spends it on whatever it deems worthy. The extra money can go to paying down the debt (if any is left after we've nationalized the Federal Reserve). If congress runs out of things to spend it on, they can write checks to the states and have them spend it as they see fit.
With no taxes and no regulations, the economy in the US will grow rapidly, probably 20% or more. That means every year, we need to print 20% of the economy in new currency, which we need to spend to avoid deflation.
This solution is so simple and obvious it's been stumbled upon multiple times throughout history, and inevitably an economic explosion followed.
Didn't Trump put the Fed under the Treasury? Maybe the continuity military government is allowing the Fed system to implode as it is designed to do, to show the people they need to get rid of it.
That’s exactly what I think is happening. You can’t replace a broken economic system, without it totally imploding first. What we’re seeing is a controlled demolition.
There are historical and natural parts of this country that should be preserved not sold off to Blackrock and Vanguard. I am cool with transitioning all NPS property back to their perspective states. But auctioning off all that land to private people and potentially destroying all that beauty and history is reckless.
Many will mistakenly read this as a black pill. It isn't.
We've reached an inflection point. A financial singularity is developing where the rate of debt is rising faster than our national incomes.
The government is paying off its debt interest with the national credit card. An unsustainable spiral is developing.
One thing is clear, the government has shown zero interest in curbing spending. On the contrary, Biden has flooded the nation with millions of net negative migrant "asylees" to feed, house & clothe.
No politician, neither right nor left, will try to cut spending because it will be political suicide to even try. A reset is on the horizon in the years to come.
Look at the debt clock. We are printing US Treasury notes. The federal reserve notes are gone. Hover over that box, then look at the information box at the top of the page. https://www.usdebtclock.org/
Well of course, they've been fudging the numbers for years, same way they do for polling numbers. The significant thing is now they can't fudge the numbers any further!
The truth is we could solve the debt crisis and make the dollar the #1 currency in a few minutes, if we wanted to.
This solution is so simple and obvious it's been stumbled upon multiple times throughout history, and inevitably an economic explosion followed.
It would seem the situation at the border is a great reason to maintain one.
Let the people living on the border take care of the problem.
Maybe we send them free ammo.
Or maybe we give them $10k for every illegal they dispatch.
We don't need police. We need to stop tying citizens' hands behind their backs.
Didn't Trump put the Fed under the Treasury? Maybe the continuity military government is allowing the Fed system to implode as it is designed to do, to show the people they need to get rid of it.
That’s exactly what I think is happening. You can’t replace a broken economic system, without it totally imploding first. What we’re seeing is a controlled demolition.
Yes, he had the fed send out checks at their expense during covid.
Kinda not cool with National Larks being up for auction
If you like it the way it is, you can buy it for yourself, or your state can buy it.
The federal government was NEVER meant to own vast tracts of land. Look at the constitution.
There are historical and natural parts of this country that should be preserved not sold off to Blackrock and Vanguard. I am cool with transitioning all NPS property back to their perspective states. But auctioning off all that land to private people and potentially destroying all that beauty and history is reckless.
HOLD UP...
You think that putting the property into private hands will ruin it?
You ACTUALLY THINK that private property owners will do WORSE than the government has with these lands?!?
I'm sorry, I can't help people stuck on stupid...
Sounds good but the big problem is we can’t force other countries to use the dollar as their reserve currency.
Once we are dedolarized.. doesn’t matter who is president we become a hyper inflated country like Argentina
Trump better have a plan to beat the BRICS
I think BRICS is part of the plan tbh
They'll use the dollar because it is stable.
It’s only going to take the Feds to post the real numbers by mistake when we know how much worse it really is.
This is the point at which most ponzi schemes start unravelling.
We can no longer even pay the interest fees. Stick a fork in it .
Many will mistakenly read this as a black pill. It isn't.
We've reached an inflection point. A financial singularity is developing where the rate of debt is rising faster than our national incomes.
The government is paying off its debt interest with the national credit card. An unsustainable spiral is developing.
One thing is clear, the government has shown zero interest in curbing spending. On the contrary, Biden has flooded the nation with millions of net negative migrant "asylees" to feed, house & clothe.
No politician, neither right nor left, will try to cut spending because it will be political suicide to even try. A reset is on the horizon in the years to come.
This pill couldn't get any Whiter.
At what point do we just stop paying Taxes? It’s throwing good money after bad.
Look at the debt clock. We are printing US Treasury notes. The federal reserve notes are gone. Hover over that box, then look at the information box at the top of the page. https://www.usdebtclock.org/
Our calculations for GDP dont even account for inflation. We have had a flat GDP for years
Well of course, they've been fudging the numbers for years, same way they do for polling numbers. The significant thing is now they can't fudge the numbers any further!