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Comment: No. Your proposal would lessen future debt spending.
No. Your proposal would lessen future debt spending.
Your proposal to cut spending is rational & in keeping with Ron Paul's proposed budget cuts. Yet, it falls short of a solution to the debt issue... The issue of debt continues.
The Fed runs a make-believe "legal tender" system. They create debt "out-of-thin-air." They call it monetizing. Fed Notes represent debt. They are promissory notes.
The "fiscal cliff" or "debt crisis" or "exploding National Debt" or paying debt with promissory notes will end someday.
End the Fed. It is not necessary. Listen to Ron Paul's recommendations on "sound money."
Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul ☑
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