Let all 50 states establish their own 'Federal Reserve'-style bank, and they'll print endless fiat currency to cover every bill and benefit... the states can just stack up state-issued bonds, and point to those when anyone asks what backs their money. What a brilliant idea!
Oh, wait... we can't let the states do that. That system is ridiculous. You can't just make money up out of nothing. That's absurd.
Right?
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2009
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December
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- Innovations?
- Clogged Arteries
- Mismanagement Of Money
- Wall Street's Top Ten Lies, 2009
- Prices and Value
- Central Bank Is Anti-Free Market
- Why Not Default?
- Emphasis
- Rules
- Rat In A Snake
- States Going Broke
- Hunter-Gatherer
- 1929!
- Too Big To Flush
- Vortex
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- Kill The Zombies
- Cold Water
- More Bourbon, Anyone?
- Extra Zero, Anyone?
- A or B or Both?
- Interlocked
- The Phony Panic Of 2008
- Keynes Was A Globalist And Probably A Communist
- Instant Debt Consolidation
- Fiat
- The Bureaucratic System Is Un-Democratic
- Liberals In Fantasy World Continue To Insist That ...
- Let The Skies Open Up
- Cold > Flu? No.
- Virus and Cannibals
- Republic
- Market Manipulations
- The Fed Puts Global Interests Above National Inter...
- Nothing Amiss?
- Principles Of Sound Money
- Borrow More To Grow?
- Origins Of The Internet
- Globalization's Failure for America
- Reckless Overspending
- Better Idea: Stop Debt Payments
- Two Kinds Of Money- Neither Is Free
- Government Is Not An Investor, Part 2
- Government Is Not An Investor
- The Myth Of Government As Private Sector Job Creator
- No Such Thing As A 'Climate Denier'
- Medieval
- 'New Ice Age' Fearmongering From The 1970's
- Phony Leftist Environmentalists Silent About Envir...
- Interlocked
- The Sweat Did Not Warm The Horse
- Row Your Earth
- Bernie Sanders On Bernanke
- Extreme Is The New Mainstream?
- Goldman Is Arming
- Carbon Offsets
- Price Support
- How Can You Declare Victory When The War Is Not A ...
- Drug Money
- Linguistic Violence
- Shock and Awe
- America Without A Middle Class
- Sovereign Debt Crisis
- ClimateGate's Phil Jones Resigns
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December
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Sunday, December 27, 2009
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