Sat, Jul 2, 2011 - 5:41pm
Ron Paul is a genius! But why stop at the Fed burning the treasury bonds it already owns? Why not have the fed buy all the government's debt and burn it. For that matter, what's to stop the Fed from buying every debt on the planet and burning it? If the politicians give into the temptation to do this, the fiat money system will go poof overnight.
Edited by: ouchtouch on Nov 8, 2014 - 5:06am