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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: lbs1989 who wrote (88725)	11/8/2007 2:14:19 PM
From: pogohere	Read Replies (1) \| Respond to of 110194

"Legal Tender are the IOU's the government forces you to accept for your labor." The government can issue money without borrowing it at interest from private bankers who create it out of thin air and then charge you for it. The Greenback of the US Civil War era was a successful government-created money. The economy prospered by any reasonable measure. The banksters killed in in the 1870s and captured the whole monetary franchise with the creation of the Federal Reserve. Things have gone really well, since, eh?