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Thread: Eliminating the national debt in no time at all...

  1. #1

    Eliminating the national debt in no time at all...

    There's been lots of hand-wringing about the national debt, not without basis so long as we play the game by Theire rules.

    Departing from the rules, I see two ways of paying the national debt down in minutes.

    The first method is the less viable method from the standpoint of anyone actually accepting it as doable. The mint can mint coins in any denomination it chooses. Mint $10 billion coins and distribute to all creditors. Done.

    The better method, the one that would provide long-term economic stability in financial terms, would be to peg every dollar in circulation to the US gold store. It doesn't matter how many dollars are outstanding in the global economy and it doesn't matter how much gold. You peg that number of dollars to that amount of gold and that number of dollars never grows. That would de-ball the Fed in a moment and in perpetuity so long as we stuck to the arrangement. It would stabilize the economy and keep the spendthrifts on very short leashes.

    Neither will happen, but it's nice to think on such things.
    Through lives and lives shalt thou pay, O' king.

    Freedom will be stolen from you in a heartbeat if you do not behave as a wild and ravening beast pursuant to its protection.

    "Government" is naught but a mental construct, a script to which people meekly accept and play out their assigned roles by those with no authority to dictate such.

    Pray for reset.




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  3. #2

  4. #3
    Quote Originally Posted by Warlord View Post
    its still a better idea than going thru the federal reserve

  5. #4
    If we're not playing by the rules then just default it all.
    In New Zealand:
    The Coastguard is a Charity
    Air Traffic Control is a private company run on user fees
    The DMV is a private non-profit
    Rescue helicopters and ambulances are operated by charities and are plastered with corporate logos
    The agriculture industry has zero subsidies
    5% of the national vote, gets you 5 seats in Parliament
    A tax return has 4 fields
    Business licenses aren't even a thing nor are capital gains taxes
    Constitutional right to refuse any type of medical care

  6. #5
    Fire the Fed and IRS, return to Honest Money.

    The only thing we owe them for is the the privilege of using the currency (not money, money is backed by something, *waits for Zippy*) to which they charge interest for that privilege. If the US makes its own money (again, backed by something of value, not debt), then it owes ZERO interest.

    The Federal Reserve Bank and IRS work hand in hand, which is why both systems were created at the same time. What they have taken has been obtained by fraud, thus, the claim that the USA and its People owe things of value (houses, cars, businesses, property) to these phony institutions has no legal clam, thus, we do not owe a damn thing.

    Stop paying them and shut them down.
    1776 > 1984

    The FAILURE of the United States Government to operate and maintain an
    Honest Money System , which frees the ordinary man from the clutches of the money manipulators, is the single largest contributing factor to the World's current Economic Crisis.

    The Elimination of Privacy is the Architecture of Genocide

    Belief, Money, and Violence are the three ways all people are controlled

    Quote Originally Posted by Zippyjuan View Post
    Our central bank is not privately owned.



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