http://dailyreckoning.com/the-ups-and-downs-of-money-supply-growth/ Covering the economy, global markets and world politics. Tue, 24 Nov 2009 20:41:40 -0600 http://wordpress.org/?v=2.8.6 hourly 1 http://dailyreckoning.com/the-ups-and-downs-of-money-supply-growth/#comment-14006 JMR Norman H Sat, 04 Jul 2009 19:01:43 +0000 http://dailyreckoning.com/?p=16803#comment-14006 Mogambo is my leadeer, I need no other Mogambo is my leadeer, I need no other

]]> http://dailyreckoning.com/the-ups-and-downs-of-money-supply-growth/#comment-14003 Daniel S. Krynicki Sat, 04 Jul 2009 18:34:21 +0000 http://dailyreckoning.com/?p=16803#comment-14003 As all famous economists, Krugman and Laffer arrived at fame by only divulging half of their talent to the public and students. By neglecting to instruct possible alternatives to the present debt based model, they seal closed any opportunity to ordinary people that there are real viable choices other than the Federal Reserve’s debt monetary system. (Please remember that when Montagu Norman was Governor of the Bank of England he wreaked havoc worldwide when gold was still backer of most currencies and the debt model was in widespread use in conjunction with gold.) And just like you gold worshipers they dance around their subject matter quite adroitly without ever positing that there are alternative models. Apparently, their jobs and fame are contingent upon compliance in conforming to the elite’s agenda. I’m here to tell you that the debt base model they embrace is corrupt under our constitutional republic because it violates sacrosanct principles in the august founding documents such as the Unanimous Declaration of Independence, Preamble, and Bill of Rights. If currency backed only by faith in the US Government or gold is to be created via a process of printing alone, then it ought to be accomplished by a government authority established constitutionally and acting for the benefit of the people to promote the general welfare. This privately owned Fed creation of currency, and then lending it out at eight times the amount that was printed, at interest, is not only an obamanation to our Constitution it is also a Biblical abomination. A brief study of Old Testament Mosaic Law clearly shows the present national debt based model was forbidden in ancient national Israel. Splendid Isolation has vanished and very little good has come out of Washington, DC and New York, NY since 1913. As all famous economists, Krugman and Laffer arrived at fame by only divulging half of their talent to the public and students. By neglecting to instruct possible alternatives to the present debt based model, they seal closed any opportunity to ordinary people that there are real viable choices other than the Federal Reserve’s debt monetary system. (Please remember that when Montagu Norman was Governor of the Bank of England he wreaked havoc worldwide when gold was still backer of most currencies and the debt model was in widespread use in conjunction with gold.) And just like you gold worshipers they dance around their subject matter quite adroitly without ever positing that there are alternative models. Apparently, their jobs and fame are contingent upon compliance in conforming to the elite’s agenda. I’m here to tell you that the debt base model they embrace is corrupt under our constitutional republic because it violates sacrosanct principles in the august founding documents such as the Unanimous Declaration of Independence, Preamble, and Bill of Rights. If currency backed only by faith in the US Government or gold is to be created via a process of printing alone, then it ought to be accomplished by a government authority established constitutionally and acting for the benefit of the people to promote the general welfare. This privately owned Fed creation of currency, and then lending it out at eight times the amount that was printed, at interest, is not only an obamanation to our Constitution it is also a Biblical abomination. A brief study of Old Testament Mosaic Law clearly shows the present national debt based model was forbidden in ancient national Israel. Splendid Isolation has vanished and very little good has come out of Washington, DC and New York, NY since 1913.

]]> http://dailyreckoning.com/the-ups-and-downs-of-money-supply-growth/#comment-13759 Fellow Traveller Wed, 01 Jul 2009 14:56:20 +0000 http://dailyreckoning.com/?p=16803#comment-13759 way TOO funny but dead on target. nuff said. way TOO funny but dead on target. nuff said.

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