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Here's a post I saw on Yahoo! Answers the other day I haven't considered it yet, but what does happen next? This post jumps out: "If Ron Paul holds the view that abolishing a central bank is a good idea, then he is even more naive than I gave him credit for. Money has the property of collecting...
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It's very difficult to find an explicit description of the entire process. I think I understand the story, but I want to run this by you guys to see if you spot any errors: The Process of Monetization of the Debt (1) The US government runs a deficit and borrows money by issuing bonds that must be...
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I am doing some 'for fun' research on the period between the Panic of 1907 and the creation of the Federal Rerserve. Anyway, I am reading about an address given by Secretary of the Treasury Leslie Shaw in Indianapolis somewhere around Dec 12-14, 1909 (though likely the 14th). The address is referred...