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   TREK      Star Trek General Discussions      20,898 messages   

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   Message 19,210 of 20,898   
   espie to All   
   Re: A Very Simple Plan to End The Federa   
   27 Nov 09 16:28:43   
   
   From Newsgroup: alt.tv.star-trek.tos   
   From Address: espie@lain.home (Marc Espie)   
   Subject: Re: A Very Simple Plan to End The Federal Reserve   
      
   In article <726e0d25-66f7-414f-9d9f-62899f758c4c@k17g2000yqh.googlegroups.com>,   
   Pisano   wrote:   
   >   
   >.Congress will pass a resolution to start printing a new American   
   >Dollar according to the U.S. Constitution.   
   >   
   >.". . . By increasing the supply of money, the Federal Reserve lowers   
   >the value of every dollar that already exists.  If the supply of   
   >Mickey Mantle baseball cards were suddenly to increase a millionfold,   
   >each individual card would become almost valueless.  The same   
   >principle applies to money: the more the Fed creates, the less value   
   >each individual monetary unit possesses.  When the money supply is   
   >increased, prices rise - with each dollar now worth less than before,   
   >it can purchase fewer goods than it could in the past. . . .   
   >   
      
   Congrats. Keep learning.   
      
   Maybe one day soon, you'll understand that every modern currency is just   
   that: trust and consensus.   
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