Hello Wayne,

 >> There are different schools of thought on this subject. And each
 >> school is quite serious, in its own way.

 WH> This page ridicules the book without precisely pointing anything wrong
 WH> with it.  That's not a serious observation about the subject.

It presents an angle not all will agree with.

 WH> [...]

 >> Fortunately, the American people have a solution ...

 WH> Edwin Vieira lays out a very reasonable plan.  I suppose you have read

 WH>   The Monetary Powers and Disabilities of the U.S. Constitution

 WH> That's not the multi-volume Pieces of Eight; that's just the report
 WH> written to the Gold Commission in 1982, which is not a long read.

Far shorter is Anthony Sutton's "The Federal Reserve Conspiracy".

 WH>>> I'm perplexed you'd say this page answer the question.
 WH>>> We must be having a serious miscommunication here.

 >> How can an economy continue to grow when there is no increase
 >> in production? Griffin argues that interest rates are an increase
 >> in production. But there is no increase in interest rates. People
 >> are losing jobs. Businesses are closing.

 WH> Where does he say that interest rates are an increase in production?

That is the "magic money" created by the Fed due to the "mandrake
mechanism" written about by Griffin. This is what the Fed creates out
of thin air, how we can spend our way out of debt. Just think about
the benefits. When that 61% of bonds that comes due within four years
needs to be paid, all the Fed needs to do is raise interest rates.
Then, we refinance those bonds so there is no default.

All the faith and credit backed up by the US government. Guess which
country do you think will benefit the most? If you guessed China, you
would be right.

 WH> Thanks!

China owns us. Only we do not realize it yet.

--Lee

-- 
Our Nuts, Your Mouth

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