The present crisis has not only exposed the Fed's worst failures and structural flaws; it has also introduced citizens to the vast potential of monetary policy to serve the common good. If Ben Bernanke can create trillions of dollars at will and spread them around the financial system, could government do the same thing to finance important public projects the people want and need? |
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At www.thenation.com
Challenge the stupidity of government's outsourcing the issuance of their primary currency base to private banks to lend it back to them as credit with interest attached. Bring the extraordinary power of currency origination and distribution back in (
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