A Fantasy from Tomorrowland

A Fantasy from Tomorrowland

by Gary Christianson , Miles Franklin: The Federal Reserve sold another $200 billion in perpetual bonds this week. These “Perps,” as the media refers to them, have no expiration date and pay interest forever, or until recalled. Proceeds from the “Perps” sale will fund Fed-coins that are downloaded to digital wallets on government issued UBI-phones. […]