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RE: Senate passes ANOTHER extension of the debt ceiling

in #economic7 years ago

The debt ceiling debate is a joke if you understand debt based monetary policy and how the fed creates the "money" (rightfully called currency) today. I would recommend watching Mike Maloney's entire series on youtube, but in particular his one about how the USA creates it's "monetary system":

President Lincoln was the only president to issue real paper currency with out any interest through congressional approval and minted/printed by the treasury.

All other systems have used a fiat banking system that is controlled by the same crooks that get us into all these problems!

Thanks for sharing, I do agree Trump is helping do what he can but we NEED to go back to a SOLVENT system! Debt based fiat currency CAN NOT ever reduce the debt ceiling, it is mathematically impossible!