On the January 5, 2014 episode of Exposing Faux Capitalism, I provided a two-hour refutation of Tom Woods’ 2013 presentation paper, “Why the Greenbackers are Wrong.“ Here are some highlights: “(2) that fiat money is just fine as long as it is issued by the people’s trusty representatives instead of by the Fed“ - It’s […]
Here is a summary of my November 17, 2013 interview on Erskine Overnight, on the Genesis Communications Network: 2m – Usury redefined from any amount of interest to an arbitrary amount set by law 3m – Actual U.S. federal debt exceeds world’s annual economic production, and derivatives estimated to be over 1000 trillion dollars 4m […]
According to the December 2012 report by the U.S. Treasury Dept., out of the $450 million Greenbacks issued during the American Civil War, there is an estimated $239 million still outstanding. In 2013 dollars, this would be at least $10 billion, according to this inflation calculator. While not significant today, it’s significant that such a […]
