Message:

<p>[QUOTE=&quot;medoraman, post: 1209145, member: 26302&quot;]You think we save money by replacing FRN with USN, but the largest percentage of the profits of the Fed comes from the seignorage from issuing US currency. Take that away from the Fed, (easily enough to do), and the Fed remittances decrease drastically. It would simply be taking it out of one pocket and putting it into another, either way the US gets the seignorage, (or the interest free loan and profit from lost bills).</p><p><br /></p><p>I agree on your point one its not a zero sum game for the US, which just gets us back to hwo to get out, and the fact that every option is in fact a bad one, including status quou. Personally, there needs to be discipline, Fed spending limits, massive spending cuts, and a line item veto to check overspending. I am dreaming though, I think the US is like ancient Rome, too far down the entitlement state sinkhole. When half plus 1 voters rely on the government for their livelihood, things go downhill fast.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in