Restoring lawful government
Constitution
By Guest Column Walter Myers—— Bio and Archives--April 17, 2013
Letters to the Editor | Comments | Back To Full Article
In the 4-17-13 edition of the Daily News Dan Motola wrote: “We can’t support deficits of trillions of dollars eternally.” The fact is our legislators must change current monetary policy or we must get used to being enslaved with un payable debt. Why? Because we have NO money with which to pay our debts! The Department of Treasury explained our monetary policy by saying: “the actual creation of money always involves the extension of credit by private commercial banks” and “money to pay the interest on borrowed money comes from the same source that other money comes from.”
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