Articles

Executive Summary the American Transportation Act (ATA) National and State Plan

The American Transportation Act (ATA) advocates a debt-free approach to funding public roads and bridges without relying on taxes or borrowing, while critiquing the current debt-based monetary system. View the 6-page ATA at: www.debtfreemoney.org/wp-content/uploads/2024/04/ATA-Fully-Funding-website-.pdf The Need for Debt-Free Infrastructure Funding The ATA emphasizes the urgent need to restore America’s infrastructure without resorting to taxes or…

How Did We Americans Collectively Get More Than $75+ Trillion in Debt?

In search for the answer to that question, letters were written to the U.S. Treasury and others. The answer received from Russell L. Munk, assistant general counsel for the U.S. Treasury was: “The actual creation of money always involves the extension of credit by private commercial banks.” This means interest-bearing loans.  Mr. Munk went on…

It’s Not Bill’s

We hear it all the time: He paid with a 5 dollar “bill” I only have a 10 dollar “bill” She handed him a dollar “bill” You’ve probably heard other ways people use “bills” when referring to paper currency. One shouldn’t use the term, “bills” in one’s daily life when speaking of Federal Reserve Notes,…

Making Money