Monetary Revolution-USA: Allow Gold-Backed Money from Private Mints, Abolish Legal Tender Laws and the Fed

ISBN-13: 9781449904234 / Angielski / Miękka / 2012 / 148 str.

David Redick

Opis

The USA needs a Monetary Revolution to end distortions and losses in our economy, repeal unconstitutional laws, and end corruption in government and the financial services industry. Most of our citizens have accepted the immoral and counterproductive attitude that; 1) The government should and will bail out most people and businesses that get in financial trouble, even if due to irresponsible, self-serving, conduct, and 2) It is proper to tax others (typically 'the rich' and 'corporations') to fund benefits for yourself. Federal money feeds these bad habits. The economic and moral decline of our country and its worldwide empire are the result. What does our monetary system have to do with this? The key underlying issues are: 1) Internationally, the US Dollar is the world's reserve currency (while this status lasts), so we can create dollars out of thin air to pay our foreign debts without facing exchange-rates (very handy for our big spending government ), and 2) Domestically, our central bank, the Federal Reserve System, supplies the fake money to fund the excessive federal spending (politicians like that better than raising taxes), plus recent massive bailouts of firms run by their friends, using phony reasons such as 'too big to fail'. All of this Federal spending leads to an excess increase in our money supply, which causes price inflation and eventual failure of the US Dollar as its value drops worldwide. Thus, our present mode of operation is not sustainable and must end. All developed nations today control their monetary systems tightly, including 'legal tender' laws that in various ways force people to use the 'official' government money. History shows us that private money and banking always works well, where anyone can create money and run a bank, and the only government role is to prevent fraud and theft. Thanks for your interest and support, Dave Redick

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