The Central Bank of the Soviet Union succeded in creating sufficient money to increase industrial production by 400% while US and European industrial production outside of Germany decreased by 25% during the Great Depression. Germany increased industrail production by 80% by creating its Reichsmark at no interest to build a war machine that destroyed much of Europe that relied on private banking to create money at interest. If the USSR had not been able to pay its workers with interest free money, Germany may have conquered them and many, many more lives would have been lost.
The US as a whole has a tremendous need for infrastructure build, rebuild and maintenance. Enough money could be created by a truly national bank, with the help of state and local govts., to employ many at constructive work and make the US great again.
The most effective way the bankster .00001% control the 99% is by division. Stockman is doing his job as a mercenary of the banksters by railing against lifting the debt ceiling and championing the attack on "entitlements". I wonder if when he collects on an insurance claim, whether he labels it an entitlement? The GI Bill after WWII did that by giving free education and training to 8 million vets. 3 million at college and 5 million at vocational schools and providing public VHA loans to millions to buy homes. That stimulus increased productivity and GDP but did not create much inflation. My single mother of three was able to buy a home in Concord, CA. for $6,400 with the help of the GI Bill. That same house is worth $500,000 now, because of private banking.
I was able to go to Berkeley tuition free. Now tuition is $14,500/ year. Reagan started charging. There were 8 UC campuses and 7 prisons. Now there are 9 UC campuses and 37 prisons. I think it costs taxpayers more to keep someone in prison than to send them to college or vocational school for free.
Those are things Stockman and his fellow corporate capitalists approve of.
I learn so much from you, Ellen! Next week I'm being interviewed by Jeff Brown, who's also interviewed you, and one of his questions is how my book and your solution are both similar and different. This article is a perfect example, because I talk about all these things that I learned from you--the platinum coin seignorage used to replace the Social Security Trust Fund at $3T and Ben Franklin's land-backed money in small local banks. Where we differ is that I'm for full decentralization of money-generation through lending, so that local credit I call carets can be issued by local commonwealths to repay the debt through organizing labor for the community's benefit. As long as banks can lend money they don't have, they ARE the gov't. Thanks for adding to my thinking with your excellent research!
While USA dither with the usurious central banking system the pilgrims knew to be unjust China adopts the American System and is lifting millions out of poverty😋
US Budgetary Costs of Wars through 2016: $4.79 Trillion and Counting Summary of Costs of the US Wars in Iraq, Syria, Afghanistan and Pakistan and Homeland Security1 Neta C. Crawford2 Boston University
Seasoned PBS Newshour analysts confirm on the yesterday's Friday evenings broadcast their confidence in the validity of the14th Amendment as well as the Trillion Dollar Coin option while at the same wisely suggest that the Senate is now well positioned to take the lead on necessary legislative action to properly address long-standing governance gaps.
Eliminate , Fed = Then = All Money to be Created by Treasury like Lincoln DID. Interest Free
The Central Bank of the Soviet Union succeded in creating sufficient money to increase industrial production by 400% while US and European industrial production outside of Germany decreased by 25% during the Great Depression. Germany increased industrail production by 80% by creating its Reichsmark at no interest to build a war machine that destroyed much of Europe that relied on private banking to create money at interest. If the USSR had not been able to pay its workers with interest free money, Germany may have conquered them and many, many more lives would have been lost.
The US as a whole has a tremendous need for infrastructure build, rebuild and maintenance. Enough money could be created by a truly national bank, with the help of state and local govts., to employ many at constructive work and make the US great again.
The most effective way the bankster .00001% control the 99% is by division. Stockman is doing his job as a mercenary of the banksters by railing against lifting the debt ceiling and championing the attack on "entitlements". I wonder if when he collects on an insurance claim, whether he labels it an entitlement? The GI Bill after WWII did that by giving free education and training to 8 million vets. 3 million at college and 5 million at vocational schools and providing public VHA loans to millions to buy homes. That stimulus increased productivity and GDP but did not create much inflation. My single mother of three was able to buy a home in Concord, CA. for $6,400 with the help of the GI Bill. That same house is worth $500,000 now, because of private banking.
I was able to go to Berkeley tuition free. Now tuition is $14,500/ year. Reagan started charging. There were 8 UC campuses and 7 prisons. Now there are 9 UC campuses and 37 prisons. I think it costs taxpayers more to keep someone in prison than to send them to college or vocational school for free.
Those are things Stockman and his fellow corporate capitalists approve of.
I learn so much from you, Ellen! Next week I'm being interviewed by Jeff Brown, who's also interviewed you, and one of his questions is how my book and your solution are both similar and different. This article is a perfect example, because I talk about all these things that I learned from you--the platinum coin seignorage used to replace the Social Security Trust Fund at $3T and Ben Franklin's land-backed money in small local banks. Where we differ is that I'm for full decentralization of money-generation through lending, so that local credit I call carets can be issued by local commonwealths to repay the debt through organizing labor for the community's benefit. As long as banks can lend money they don't have, they ARE the gov't. Thanks for adding to my thinking with your excellent research!
While USA dither with the usurious central banking system the pilgrims knew to be unjust China adopts the American System and is lifting millions out of poverty😋
? NEW TAXES NEEDED ?
US Budgetary Costs of Wars through 2016: $4.79 Trillion and Counting Summary of Costs of the US Wars in Iraq, Syria, Afghanistan and Pakistan and Homeland Security1 Neta C. Crawford2 Boston University
https://www.forbes.com/sites/adamandrzejewski/2021/08/04/new-report-nearly-300-billion-in-foreign-aid-spent-by-us-government/?sh=c273ce84374d
https://www.sipri.org/media/press-release/2022/world-military-expenditure-passes-2-trillion-first-time
https://watson.brown.edu/costsofwar/files/cow/imce/papers/2016/Costs%20of%20War%20through%202016%20FINAL%20final%20v2.pdf
Seasoned PBS Newshour analysts confirm on the yesterday's Friday evenings broadcast their confidence in the validity of the14th Amendment as well as the Trillion Dollar Coin option while at the same wisely suggest that the Senate is now well positioned to take the lead on necessary legislative action to properly address long-standing governance gaps.