A More Perfect Nation….
When Government is not thought of as a Business.
An independent sovereign nation doesn’t need to constrain its functioning by imposing on itself a “Balanced Budget” that requires the imposition of taxes and indebtedness for Treasury bond interest payments in order for the government to pay for goods and services.
An independent sovereign nation is not a business with a balance sheet of assets, liabilities, and owner’s equity. The banksters implanted this misconception into the minds of the ruling elite and populace at large with the banksters as the “owners” who reap the profits of taxes that are levied to pay the interest on the bond debt owned by the banksters.
Perhaps the greatest scam perpetrated by the banksters on humanity is that an independent sovereign nation needs to borrow other people’s money to fund its operations.
An independent sovereign nation doesn’t need to borrow other people’s money, doesn’t need to tax the income of its citizens and businesses, and doesn’t need a warehouse full of gold in order to fund its operations.
An independent sovereign nation has the sole authority and power to create money “out-of-thin-air” and infuse that money into the economy by issuing government contracts for goods and services, by issuing government grants for such purposes as research and development, and by issuing loans through the National Treasury Bank.
Consumption Taxes on purchases of goods and services and Property Taxes on consumption of land use should be levied to fund State and Local Government Operations.
YES, THE SOLUTION TO THE NATIONAL DEBT CRISIS HOAX IS TO OUTLAW AND FORBID THE EXISTENCE OF PRIVATELY OWNED COMMERCIAL BANKS, AND ONLY ALLOW THE EXISTENCE OF A NATIONAL TREASURY BANK THAT MAKES LOANS OF MONEY CREATED “OUT-OF-THIN-AIR” AND PAYS INTEREST ON SAVINGS HELD AT THE NATIONAL TREASURY BANK.
THE NATIONAL TREASURY BANK WOULD OPERATE SIMILAR TO AN INTERNET BANK WITH A CREDIT CARD AND SUB-BRANCHES LOCATED IN FEDERAL POSTAL DISTRICTS.
Also, people need to accept that gold & silver are nothing more than soft shiny metals with beneficial electrical and thermal properties, and are aesthetically pleasing to the eyes.
How To End The Federal Reserve & Erase The National Debt
A New Monetary System with A New National Bank
I am not proposing Modern Monetary Theory (MMT)!
That fact is that an independent sovereign nation doesn’t need to borrow other people’s money by creating bonds “out-of-thin-air” and then selling those bonds to the public, and an independent sovereign nation doesn’t need to tax the incomes of its citizens and businesses, and an independent sovereign nation doesn’t need a warehouse full of gold in order fund its operations.
An independent sovereign nation has the sole authority and power to create currency “out-of-thin-air” by issuing government contracts for goods and services, by issuing government grants for such purposes as research and development, and by issuing loans through a National Treasury Bank.
Today, it is the Banksters who create currency “out-of-thin-air” when they issue loans, and then they profit from the interest collected on those loans. The Banksters also profit from the interest paid by the government to them on the bonds (that were created “out-of-thin-air”) that they purchased from the government.
Bank Reserves are just a “smoke-and-mirrors” gimmick that the Banksters use to fool people into thinking their banks have solvency. A bank doesn’t need Reserves in “storage” in order to create loans out of thin air.
Watch the John Titus YouTube video:
Mommy, Where does money come from?
https://youtu.be/S_dBKAWHHQI?si=Rdax-GrFmQ7zamX6
https://youtube.com/@bestevidence?si=nvQ-XJ_zxRbssjfN
Sadly, the authority and power to create and distribute money is still very much subject to corruption so the Government must maintain its responsibility for oversight to ensure that Government contracts, grants, and loans are only issued in compliance with the laws and regulations that will guarantee integrity, honesty, transparency, and fairness.
YES, William. It is time we make people aware that they can change this, the legislation is already written, The NEED Act HR 2990 which would ban banks from creating money, nationalize the Fed and government would issue debt-free money, like the Greenbacks, exclusively for pubic purpose as its first use. Greenbacks are permanently circulating assets and when they were issued debt began to disapear from the economy and people felt freer. Banks can still provide services but they would have to operate the way many think they do already and don't. We can create an abundant world without war, change the money and we change the culture. I can see that train a comming. monetaryalliance.org greensformonetaryreform.org https://howardswitzer.substack.com/p/culture-and-money
America Created It's Own Money In 1750
How Benjamin Franklin Made New England Prosperous
By Congressman Charles G. Binderup
https://open.substack.com/pub/william3n4z2/p/america-created-its-own-money-in?r=1kb28q&utm_campaign=post&utm_medium=web&showWelcomeOnShare=false
GLOBALISTS CREATE GLOBAL CRISES (DEBT, CURRENCY CONSTRICTION) TO JUSTIFY GLOBAL GOVERNANCE
SCARCITY = DEPENDENCY = CONTROL
The Globalist Fascist Oligarchy have control over the global supply of currency and the power to create debt.
The Bank for International Fascism
https://larouchepub.com/eiw/public/2013/eirv40n35-20130906/51-54_4035.pdf
The legacy of Friedrich von Hayek:
Fascism didn't die with Hitler
https://larouchepub.com/eiw/public/1995/eirv22n08-19950217/eirv22n08-19950217_046-the_legacy_of_friedrich_von_haye.pdf
Friedman, von Hayek and Adolf Hitler
https://larouchepub.com/eiw/public/1982/eirv09n39-19821012/eirv09n39-19821012_022-friedman_von_hayek_and_adolf_hit-lar.pdf
Synarchism: The Fascist Roots
Of the Wolfowitz Cabal
http://www.tuks.nl/docs/Synarchism_%20The%20Fascist%20Roots%20%20Of%20the%20Wolfowitz%20Cabal.pdf