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To: IbJensen
If Americans were permitted to print their own money it would be worth as much as that being regurgitated by edict of the FED.

A point often missed.

The difference between you and me is that if we print counterfeit money we go to jail. When the Fed does it, nobody goes to jail. The economic consequences, however, are identical.

4 posted on 01/20/2013 6:45:40 AM PST by InterceptPoint
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To: InterceptPoint

Walter Williams said that if a person is arrested for printing money, he should claim he was merely engaging in monetary policy.

https://www.youtube.com/watch?v=EoS52fVtVQM


7 posted on 01/20/2013 6:53:33 AM PST by Pining_4_TX (All those who were appointed to eternal life believed. Acts 13:48)
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To: InterceptPoint
The difference between you and me is that if we print counterfeit money we go to jail. When the Fed does it, nobody goes to jail.

The difference is the Fed doesn't print counterfeit money

14 posted on 01/20/2013 7:37:46 AM PST by Toddsterpatriot (Math is hard. Harder if you're stupid.)
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