Established as The Skamokawa Eagle in 1891

Money system forever unworkable

To The Eagle:

Consider this list of words that accurately describe our nation's bank operated money-created -as-debt system--fraud, hoax, swindle, deception, theft, legalized ongoing criminal enterprise, unstable, racket, scam, robbery and looting. These adjectives, shameful, corrupt, unethical, and immoral are also accurate.

Are we supposed to be happy with a system like this?

This system is forever unworkable. The longer we use this system, the worse things will get because it always creates an ever increasing unpayable debt. It is mathematically impossible for it to do anything else.

So why are all the columnists, economists, politicians, political parties, intellectuals, and news media pretending the debt can be dealt with by tinkering with fiscal policy? Apparently they are just plain ignorant of the unworkable nature of this system.

A credit based money system could easily be implemented which would be forever workable. Here are some words that would describe it--honest, sound, moral, stable and fair.

Why doesn't Congress create debt free money to create a debt free America?

Gilbert Vik

Cathlamet

 

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