Quote from: zasad@ on May 19, 2024, 11:10:28 AM

https://blockonomi.com/dismantling-the-fed-a-radical-solution-to-americas-economic-woes/

"Representative Thomas Massie introduced the Federal Reserve Board Abolition Act (HR 8421) to abolish the Federal Reserve.
Massie believes the Fed’s monetary policies, such as monetizing debt, have led to currency devaluation and high inflation.
The bill proposes dismantling the Federal Reserve System by abolishing its Board of Governors and banks, and repealing the Federal Reserve Act of 1913.
Massie conducted a poll on X (formerly Twitter), with 86.6% of nearly 115,000 respondents supporting the idea of ending the Fed.
The introduction of the bill comes amid growing concerns about inflation in the U.S. and debates about the role of the Federal Reserve in managing monetary policy."

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I keep thinking about how the US will solve the national debt problem, and it turns out the way has been around for a long time.
Every dollar is a Federal Reserve Note, which means that once the Fed is liquidated, no one owes anything to anyone else.
Thank you, everybody, you're free to go. The United States will now have a new sovereign dollar. HP® Store
Half of the national debt belongs to American companies and they will probably get the right to demand repayment, while all other countries will get nothing.

Of course, if these statements are not coordinated, then Thomas Massie must be dead or ill by accident, or this is just another planned political game.

Hello,

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