Ben S. Bernanke: The United States has the Technology

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Wiikwajio

Ben S. Bernanke: The United States has the Technology

Post by Wiikwajio »

http://www.independentamerican.org/?p=1447&preview=true

“But the U.S. government has a technology, called a printing press (or, today, its electronic equivalent), that allows it to produce as many U.S. dollars as it wishes at essentially no cost. By increasing the number of U.S. dollars in circulation, or even by credibly threatening to do so, the U.S. government can also reduce the value of a dollar in terms of goods and services, which is equivalent to raising the prices in dollars of those goods and services. We conclude that, under a paper-money system, a determined government can always generate higher spending and hence positive inflation.”

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LukeAir2008
captain of 1,000
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Location: Highland

Re: Ben S. Bernanke: The United States has the Technology

Post by LukeAir2008 »

Bernanke couldn't even tell the truth about this. The US Government SHOULD be able to produce its own money but unfortunately handed this little privelege over to a Rothschild owned private corporation back in 1913! The Federal Reserve is no more a part of the US Government than is Federal Express! :?

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Jason
Master of Puppets
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Re: Ben S. Bernanke: The United States has the Technology

Post by Jason »

Get yer debt! Come on over and get more debt.....we have a printing press and we aren't afraid to use it.....get some more debt.....come on and load up on debt.....don't make me break out that printing press.....come on and open wide.....let us insert the gavage.....well looks like your ripe....I lied about the printing press and now everything you used to own belongs to me!!! And it cost me NOTHING!!!! How sweet is that????

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Col. Flagg
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Location: Utah County

Re: Ben S. Bernanke: The United States has the Technology

Post by Col. Flagg »

Jason wrote:Get yer debt! Come on over and get more debt.....we have a printing press and we aren't afraid to use it.....get some more debt.....come on and load up on debt.....don't make me break out that printing press.....come on and open wide.....let us insert the gavage.....well looks like your ripe....I lied about the printing press and now everything you used to own belongs to me!!! And it cost me NOTHING!!!! How sweet is that????
:lol:

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