Let's Give the Fed Some Competition

Striker 2012/04/04 15:35:25
John Stossel on Townhall 4 Apr 2012.

Pssst. Want to buy some Stossels? They’re my own currency with my face on them.

Why should you trust them?

Because I promise to redeem them for gold. And I’m reliable. I have
money in the bank and a job that brings in more than I spend.

By contrast, the politicians who back American currency run an unsustainable deficit.

The Federal Reserve prints so much money that since it opened its
doors in 1914, the dollar has lost more than 90 percent of its value.

Of course there's more, so

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  • Steve 2012/04/07 05:24:54
    He's got the right idea, but if he actually moved forward on this he'd end up in prison awaiting sentencing on a bogus counterfeiting charge just like Bernhard Von Nothaus, creator of the Liberty Dollar.

    Ron Paul has introduced legislation to allow "competing currencies" to the Fed Notes and has always been shot down. How ridiculous is that, that a bill would be needed to allow us, the people of the USA, to use a different form of currency than the FRNs?

    It's absolutely sickening how much BS we tolerate from the criminals in power.
  • Striker Steve 2012/04/07 15:09:11
    That problem stems from handing others the power to rule you. We do that always, by creating governments with the power of force. The irrational streak in humans.
  • Striker 2012/04/04 17:17:03
    I had my own thoughts on this quite a while back:


    If you want to "End the Fed" simply compete it out of business.
  • Ken 2012/04/04 15:50:29
    Stossel is awesome.

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