Not a bad idea. But the debt of the national govt is largely to private mega-banks. And every penny of that debt is entirely unnecessary when the government owns and uses the powers of credit creation ... powers now held exclusively by private monopoly banks, the "too big to fail" banks.
Not a bad idea. But the debt of the national govt is largely to private mega-banks. And every penny of that debt is entirely unnecessary when the government owns and uses the powers of credit creation ... powers now held exclusively by private monopoly banks, the "too big to fail" banks.
Not a bad idea. But the debt of the national govt is largely to private mega-banks. And every penny of that debt is entirely unnecessary when the government owns and uses the powers of credit creation ... powers now held exclusively by private monopoly banks, the "too big to fail" banks.