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Many of the performs of long ago have been written as political statements that had been designed to attraction directly to the lots and depict current occasions in a form of parody of occasions that were really taking place. However now that it’s debt free we can think of the Treasury’s deficit money as “new” money since it’s fungibly equal to what has been restored plus curiosity to the banks by the Fed. The securities have been purchased for the government by the Fed. The reporting of events and as news has been presented over the a long time has modified very much today.
As we will see this word many occasions, signals one thing not good and perhaps one thing profane, that has begun or is about to happen and break open onto the scene. But the precise debt might be redeemed by only the Fed utilizing powers delegated to it by Congress of the government’s power to create (coin) money to buy the securities used in the borrowing.
I want to see my people doing the identical thing, but when your cheap labor are coming here from South Asia and accepting all kinds of offers giving to them …