3 Answers

Wouldn't U not suppose out national debt would be considerably lower?

Asked by: forexsheet 187 views banks, citizens, corporations, currency, interest rates, money, rightful owners, united states, wall street

if we just nationalize the fed, as in a way of lowering interest rates on the U.S. dollar, also since the citizens of the United States would be the rightful owners of our currency,wouldn’t dare try committing usury on ourselves,seeing we would own the money,not foreign or self-centered banking interests,as banks are also publicly owned corporations that have shares traded on Wall Street.

Tags: banks, citizens, corporations, currency, Forex, interest rates, money, rightful owners, united states, wall street

3 Answers

jack on Aug 18, 2010

we can not do that however because it is the wall street executives that end up running the FED and it is the wall street executives that donate millions of dollars to presidential campaign’s so you see no one in washington would risk being cast out into the desert for the AMERICAN PEOPLE..because at the end of the day we are ignorant stepping stones for political gain..i mean obviously you have not been listening to Nancy Pelosi or any other so called leader tell us how stupid we are..or maybe how a EX-WALL STREET EXEC..(tim goth-ya) is now in control of our money…funny how it works ain’t it???
. on Aug 18, 2010

It would be half of what it is now if we had skipped on GWBush.
gomanyes on Aug 18, 2010

If we just nationalized the Fed, the government could simply print money to pay off the debt. So yes, our national debt would be considerably lower, but our money wouldn’t be worth anything.

Wouldn't U not suppose out national debt would be considerably lower?

Related posts

3 Answers

Answer Question

Login