The Root of Your Economic Problems
"The prime function of government is the protection of the different and unequal
faculties of men for acquiring property."
ising debts and increasing
bankruptcies are the result of Congress suspending the free coinage of metals - into money
- and switching us to bank credits as our medium of exchange. These acts converted our
nation from a wealth monetary system, where people created money for society's benefit
through the fruits of their labor, to a monetary system, where now ....
All new money is loaned into circulation as an interest bearing debt. Since this system
only creates the principal and never the interest, the debt is always greater than the
This fraudulently created debt forces American citizens to borrow constantly so the system
can function. Eventually, the process becomes unworkable as society, mortgaged to the
hilt, can no longer afford to borrow. This debt creates extreme stress for us as we
struggle to meet impossible money obligations. The results are: a constantly rising
cost-of-living, layoffs, bankruptcies, family breakdown, increased drug and alcohol use,
an increase in crime and a general moral breakdown.
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The ideology of Liberty
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Last Updated on 04/21/98 by Darren Perkins