You do realize that the vast majority of the money the fed creates these days never goes through a printing press right? Physical money doesn’t matter. It’s a small part of the economy. People still like to say they’re printing money when the government floods money into the economy, but they aren’t ACTUALLY printing money. And since only printed money was ever backed by gold. We again see why people addicted to the concept of backing currency with gold just don’t understand.
The idea that a computer entry can be made to create “money” with no security is outrageous.
It provides the perfect opportunity for unscrupulous politicians to create debt which will deprive the citizens of their wealth and freedom.
The corruption related to the war in Ukraine is an example.
Printed money has the statementon it that it is a Federal Reserve Note. It has no payment date so it is an “on demand” note.
To be paid off with what? Gold or silver coins was the intention of our founders.
Making computer entries with out the gold and silver is criminal. What our government is doing is the equivalent of your going to the auto store and filling out a credit report that says you have liquid assets amounting to $3,000,000, real estate at another five and little or no debt...when the facts are that you have none of the above and what little you have is already mortgaged or used as security on loans.
They put us in jail for that.The Federal Reserve is con game that can not last forever.