Out Of Thin AirPosted: May 3, 2012
Here Larken Rose makes a point that I’ve wondered about for years. Why indeed does Congress farm out its counterfeiting duties?
My thinking is, if Congress cut out the middleman, they could counterfeit their brains out, interest free, shoot-the-works. Imagine that, no more mega-trillion-dollar “national debt.” No more hand-wringing pundits producing pie-charts showing that the national debt would be so much less if only so-and-so would do this-or-that. Want to launch another expensive war, throw some “stimulus” out there, or promise a voting block some cool swag? Fuckin’ print it yourself! Amazing.
Posted by Dave