If government created money instead of debt: Thomas Edison speaks

source: Carl Herman, Examiner.com Many of America’s brightest historical minds recognized and communicated the obvious answer to US national debt: US government can create money instead of debt. Current law lets banks create what we use for money, which we then borrow at interest. This Orwellian “monetary” system is the opposite of money because it’s […]

If government created money instead of debt: America’s brightest historical minds speak

source: Carl Herman, Examiner.com The US suffers from debt-damned economics: a Robber Baron-era paradigm whereby the harder Americans work, the more in debt we collectively descend. The reason is public confusion between “money” (which the US does not create and use to facilitate trade) and “debt/credit” (which our government says is “money” and what is […]