On 01/27/2011 06:06 AM, Kevin Alfred Strom wrote:


You are wrong: The printing of a thousand dollar bill creates no debt.
Under some circumstances, it could dilute the currency's overall value
by a small percentage. But that is not a debt. And no interest to the
bankers (or any other bondholders) need be paid on it.

There was a time (almost 100 years ago now) when the government had the
power to create money; interest-free money. Now the government has
abandoned that power and granted a monopoly on money creation to the
banking system. All at interest, of course.


With every good wish,


Kevin Alfred Strom.

Banks only create temporary debt. Money is forever debt.