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World News See other World News Articles Title: How A Debt Free Dollar Can Save The World Americans failed to reform their government in the 1930s so 3 to 4 million of its 123 million citizens alive in 1929 died from starvation. I estimate that at least 30 million Americans will die from SSIV (Starvation and Starvation Induced Violence) if we do not get rid of our debt-based currency system, which was chosen for us by the Rothschilds, the Rockefellers, the Warburgs and their agents at Jekyll Island in 1910. If we had chosen to issue Greenbacks like President Lincoln did, we would not have a $37.2 trillion debt. And starvation would not have been a major cause of death 2 decades after the Federal Reserve Act and the Income tax were passed in 1913. We have a debt-based currency. When a bank makes a loan, it is creating checking account money. When a loan is cancelled in either foreclosure or in bankruptcy court, the money supply shrinks. The US money supply shrunk 31% from 1929 to 1933. FDR wanted us to wait until World War II to end the Depression and the starvation. A better idea would have been to issue Greenbacks, instead of Federal Reserve Notes, to replace the first $10,000 loss from any account from one of the numerous failed banks in the US. The President in 1933 could have started a nationwide highway system, coast to coast and from Canada to either Mexico or the Gulf coast. But that was not possible as FDR was funded by Wall Street and Hoover was a business partner of the Rothschilds. President Trump wants to threaten everyone with astronomical tariffs and sanctions to stop BRICS+ from replacing the US Dollar as the world's global reserve currency. Sanctions have been killing 500,000 people a year so there is some resentment against US policies. As I explained before, the US is overpopulated and has to import natural resources. We are supposed to export goods and services to pay for those imports. We are also supposed to earn money from exports to pay for those 750 overseas military bases. Instead, we just print I Owe You Nothing Federal Reserve Notes forcing foreigners to pay for the occupation of their nation by accepting a US created inflation. And they must also give us their commodities, electronics, clothes, cars and appliances for free in exchange for increasingly worthless pieces of paper. An example of what I would prefer to Hyperinflation, Food Riots and World War 3 would be to create $10 billion dollars and give them to Italy. In exchange for they would buy $2.5 billion in US bonds which we would retire. The gain to Italy would be $7.5 billion which they could use to help struggling working class Italians. The gain to the US would be the rapid retirement of the US debt as we extend the program to other nations. We would have to make sure that the total money supply of Italy, counting euros and dollars, does not exceed what is needed to conduct business. Think of prices as a ratio of money to goods and services offered for sale. I would prefer that the Treasury seize the FED and issue all checking account money as well as our Treasury Notes. This would ban fractional reserve banking and eliminate bank runs. This system was advocated by Professor Irving Fisher in the 1920s. He called it 100% Money as banks could not loan out $1,000 for every $100 in deposits. When the Italians see the benefits of a debt free currency, they will demand a similar currency of their own. What this would do is to offer Debt Cancellation to every nation on earth, whether or not they were in BRICS+. The alternative proposed by Sergey Glazyev, Minister of Macroeconomics for the Eurasian Union, former member of the Russian Duma and currently friend of Vladimir Putin, would destroy every nation in the West. His plan is to call a BRICS+ conference and allow anyone to join if they refuse to repay any loan denominated in dollars, pounds, euros and yen. At that point, Trump's only option would be to declare thermonuclear war against both Russia and China as we could not fight a conventional war and win, even against Yemen. At a fundraiser, Trump claimed he had called up Putin and Xi Jinping saying he would start bombing Moscow and Beijing if they stepped out of line. There must be someone on the Joint Chiefs of Staff who can go from the Pentagon to the White House to explain to Trump that we cannot win wars anymore. Poster Comment: I will post this in a while at Vidrebel. Post Comment Private Reply Ignore Thread
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