THOUGHTS ON THE FED
Uncomfortable truth: It is not clear that we will or are morally bound to end the fed, only that we are morally bound to eliminate a monopoly currency for other than the payment of taxes (fees, or commissions – however we choose to structure it.)
The reason is, that it is not clear that savers and investors are due appreciation of the currency. It is very hard to argue that they are due appreciation (or loss) of the currency. In fact, it appears the opposite is true: that they have not earned the appreciation of the currency-of-the-commons. It is clear that if they can invest in any alternate currency, then purchase the payment-for-commons-currency as needed, that this involves no unearned gain, or forced loss – as such it is not immoral.
Source date (UTC): 2014-10-25 13:40:00 UTC
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