Thursday, March 17, 2016

Money Has No Limits

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Every time one Political Group wants the Government to spend money to accomplish some program, another Group will claim that we cannot spend the Money because we don't have enough money. We must run the Government like a Business and balance the Budget.

What we can or cannot do has never been limited by a lack of money. There are no limits to money. The Constitution gives the Congress the power to borrow, tax, or to create it.  The Federal Reserve was created by Congress for the purpose of creating all money to be uniform. Before that the Congress and Abraham Lincoln  created Greenbacks to finance the Civil war. The Quantitative Easing [QE] program was made possible by the Federal Reserve having the power to create any amount of Money it needed  It is the failure of Congress to vote to spend what is necessary to grow the Economy. As long as you have sufficient Labor, available Productive Capacity and input  Materials, money can be supplied by the Federal Reserve System at ZERO % interest to accomplish anything we need to grow the Economy.


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