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Monetary reforms would give $1 million to each household
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The essence of the article is that money would be a positive asset that nobody had to repay instead of a debt that had to be repaid by future generations. Instead of roughly $3 trillion per year going to banksters and governments, it would go to the people or to infrastructure that would make all lives richer.
Read the Grace Commission report from the Reagan administration. Not one dime of income tax goes to the people, the government, or any infrastructure. It all goes to private bankers to pay the interest on a debt we never had to incur. The U.S. Treasury could have issued that money interest-free. A reformed system would have no bankster billionaires living off the productive efforts of the people. |
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