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    miltonfriedman commented  · 

    If only more understood that in our current system, the Government must borrow money from the Federal Reserve (Private Banks) at INTEREST, while the Fed 'creates' this money from nothing (fiat) under Government protection (Fed Reserve Act). We have spiraling national debt due to Interest the US allows itself to pay the Fed. Lincoln's United States Notes = Low taxes, No Debt, Controlled Inflation

    An error occurred while saving the comment
    miltonfriedman commented  · 

    If only Americans understood that in our current system, the Government must borrow money from the Federal Reserve (Private Banks) at INTEREST, while the Fed 'creates' this money from nothing (fiat) under Government protection (Fed Reserve Act). We have spiraling national debt because of the Interest the US allows itself to pay the Fed. Lincoln's United States Notes = Lower taxes, No Nat. Debt

    miltonfriedman supported this idea  ·