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…Details
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,…Details
Find out why Byron and Greg are so passionate about their money system.
WWSAS What Would Sam Adams Say? “Among the natural rights of the colonists are these: first, a right to life; second, to liberty; third, to property; together with the right to support and defend them in the best manner they can. These are the evident branches of the duty of self-preservation, commonly called the first…Details
If All You Have is a Hammer… . …Everything Looks Like a Nail. OK, so, today’s headlines read: FORD Requests $9 Billion Loan in Plan Submitted to Congress… BAILOUT MONITOR DECRIES LACK OF COHERENT PLAN… PELOSI EYES $500B MORE… Data signal deep global downturn… Manufacturing hits 26-year low… Schwarzenegger declares fiscal emergency… Treasury Yields Plunge…Details
If you have ever heard of GMO’s then you know who Jeffery Smith is.
Byron and Greg talk about money.
Ben Garrison is a libertarian political cartoon artist known for creating illustrations about United States political corruption and various conspiracy theories, who has been the subject of a troll campaign by users of 4chan’s /pol/ (politics) board who have attempted to frame him as a Nazi sympathizer.