Bill Still : No More National Debt
A micro-funding site for my new book, "No More National Debt". To check it out, go to KickStarter and search for Bill Still.
For those of you who are a little pressed for time, I'm going to tell you what this book is all about in 60 seconds. Start the clock.
There are only 2 basic choices for who issues a nation's money:
1. we the people; or
2. banks.
The second alternative -- believe it or not -- is the case today -- for every nation on earth.
Think about this. Which do you want?
The issuance of the nation's money is the very definition of sovereignty.
• Without it, a nation CANNOT be sovereign.
• Without it, a nation must start borrowing.
• Without it a nation must borrow money -- all its money -- from bankers, and yes, they do charge interest on it.
Remember what Proverbs warns:
"... the borrower is servant to the lender."
That's why nations can ever get out of debt under this system, because all our money is borrowed from bankers. To reduce the National Debt is to reduce the national money. Politicians tend to ignore this embarrassing fact.
That's why governmental "austerity" measures will not work. Because the interest on the debt is growing faster than any possible cutbacks in spending. This never-reported fact is what is overwhelming every governmental budget everywhere around.
THE PETER SCHIFF BLOG : An Unofficial Tracking of Peter Schiff and The Libertarian Austrian School of Economics
PETER SCHIFF
Sunday, December 26, 2010
Subscribe to:
Post Comments (Atom)
Popular Posts This Month
-
Your Daily Dose Of Liberty Freedom Watch with Judge Napolitano 16 Sept 2009 Jim Babka, Downsize DC Dr. Edwin Vieira, Author Walter ...
-
If you want to listen to Peter Schiff's Wall Street Unspun Podcasts , here is the widget , I used to have it on the front page , But fra...
-
Peter Schiff: Printing Money Is Not the Cure for Cononavirus In his most recent podcast, Peter Schiff talked about coronavirus and the im...
-
The more we owe, the wealthier we are ??? Congressman Pete Stark reacts to national debt Watch Congressman Pete Stark reacting when Jan Helf...
-
A very hot debate between Peter Schiff and Mike Norman on the future of the Gold prices back then in 2008 , today more than a year and a hal...
-
Is it the end of the crisis or the verge of a bigger crash ? Peter Schiff for the first on aljazera english talking about the recession , L...
-
The devil we know is better than the devil we do not know Benbernanke did a horrific job as a FED chairman he's done a good job in tempo...
-
23-03-2009 Peter Schiff: You're Better Off as a Renter Part 1 of 2 : Part 2 of 2 :
-
Dave Ramsey calls Peter Schiff an idiot ! Quote from the youtube channel that posted this video : This is a phone call to the Dave Ramsey sh...
-
Peter Schiff on the Fast Money Bull Market or BS? "I am not shorting anything , I am out of the dollar , we are in trouble economically...
No comments:
Post a Comment