I see no difference myself so I can’t answer that I think we should print our own money if we are going to print backed by nothing why pay all that interest on our debt to central bankers and still have to pay to bail them out and pay interest on bailing them out on top of it all.
Thank you for your thoughts. Admittedly, finance is not my strong suit.
I know that Lincoln printed money during the Civil War (the Greenbacks) and that others such as Thaddeus Stevens thought that the mint rather than banks should print money.
The one thing that aggravates me about this subject, though, is when people invoke the Communist Manifesto as authorizing something like the Fed. The CM calls for a state bank, not a "private" bank. One would think that a private bank would be the antithesis of what Marx wanted. What he was describing was something like a nationalized Fed (which was actually advocated by Father Coughlin in the Thirties).
Thank you again.