[p2p-research] Who Issues the Money that National Governments then Borrow?
Patrick Anderson
agnucius at gmail.com
Fri Jul 16 20:13:08 CEST 2010
Anyone know any of the privileged few humans with authority to Issue
Money out of thin air?
This has got to be the best job on earth!
Those issuers often buy bonds backed by "Federal Land" within each
nation - so whenever a nation defaults on it's "National Debt", those
issuers become the new property owners of that country!
This is a much easier way to conquer than going to war. Just trick
the island next to you into NOT issuing their own money, then get them
into debt by issuing money backed by nothing which you then borrow to
them! Genius!
Note, this 'money' is not the physical coins or paper notes, but
simply declarations of value = 'fiat' made by ... WHO? *Who* is
declaring this value, and *why* do national governments borrowing it
from these people instead of issuing it for the people that comprise
that nation?
There is never any reason for any government or group (at the State,
County, City, even Community level) to be in debt, because they could
always just issue Money for themselves, but the won't. Weird.
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