Or, the government (We, the People are the government) could Constitutionally just print 21 trillion dollar coins to "pay off" the debt and tell the banksters to go take a hike!?!?!
- If a created entity (the feral government, oops I mean federal government) owns something,
- ultimately, don't the creators (We, the people) of said entity actually own it?
I'm not an economist, so I can't tell you the effects of printing $21 billion. But I can tell you that this isn't the first time I've heard the idea considered. It would cause massive inflation and hurt people who already have money. One of the things I've heard is that the government could print enough money to pay the debt, plus enough to give each person $30,000. It wouldn't be worth as much because of inflation, but it would be something. And it could stimulate the economy to get rolling. A lot of wealthier people would be upset because the inflation would lower the amount they're worth. I doubt it would ever happen though.
Maybe we could just elect @AdamKokesh not-POTUS.
The only people who would be hurt by printing Constitutional money, would be those holding FRNs.
Current US population = 326,055,074
x 30k as you suggest
= about 10 trillion.
That would mean we the people would hold half the value we just gave to the banksters.
leaving the banksters 10%...
It would seem like inflation, since we are talking much larger numbers,
but in actuality it wouldn't be...
and in the process removing control of the banksters from 90% to 10%...
Can we please stop repeating this fallacy of Adam kokesh being elected president then issuing an executive order abolishing the government? This is not possible. ALL executive orders are subject to judicial review and may be overturned if the orders lack support by statute or the Constitution. Also, major policy initiatives (which this would be) require review by the legislative branch (congress and the house of reps). Do you honestly believe any of these self-serving legislators would agree to terminate their own livelihood?
Also, by running for president in the traditional manner, as he is doing, he is only validating the system, not bucking it. This makes him a politician, just like the rest of them.
I agree it wouldn't be as easy as one single executive order.
so I'm all for getting rid of them in whatever means possible.
it has failed us miserably
or better said, we have failed it miserably
and allowed tyrants and despots to ASSume authority over us...
Sorry, Adam, I corrected my previous comment, thanks. I agree with some of your points and am not questioning his motive. I just don't feel our current system can be fixed, or revolutionized, from the inside out. A revolution, by it's very nature is violent, unfortunately.
Your second to last bullet point in your reply is right on, and I'm with you there!
Followed you cuz
Right back at you @wizardave!