The two most common objections to the idea of debt-free money (as expressed in the American Monetary Act: Part 1: If the government just printed the money without borrowing it from the Fed, that would be inflationary. Part 2: Interest rates for borrowers would be higher. If the banks couldn’t create the money they loan [...]
Archive for December, 2009
Coffee with Joe 12/19/09: Thanks Bernie, now reinstate Glass-Steagall!
…mere accountability demands that Bernanke be turned down; after all, he has been woefully wrong about the degree of risk posed to the economy by the activies of the banks in the past ten years.
Coffee with Joe 12/11/09: What will happen to the Fed and banks?
Joe describes how the banks can get back to banking after the American Monetary (and Financial Security Act) repeals their ability to create money. (2 Videos)
Coffee with Joe 12-1-09: Fed Chair Offers Reform
In this Washington Post article from Sunday, Nov. 29, 2009: Fed Chair Ben Bernanke criticizes currents attempts to reform the Federal Reserve, like Ron Paul’s Fed Transparency Bill (HR 1207) which moved out of House committee last month. He also de
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Jim on Turning Around a Balance Sheet Recession: Coffee with Joe, 6-28-11
Jim on Turning Around a Balance Sheet Recession: Coffee with Joe, 6-28-11
Jim on Turning Around a Balance Sheet Recession: Coffee with Joe, 6-28-11