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Source link: http://archive.mises.org/9034/will-federal-funds-soon-be-free/

Will Federal Funds Soon Be Free?

November 30, 2008 by

No, but they may become zero-priced.

{ 9 comments }

Bruce Koerber November 30, 2008 at 9:08 pm

Bernanke is right on schedule with his helicopter plan.

The only part of his solution that he forgot to mention is the coercion part. Not only will he print money from thin air as if dropping it from a helicopter but the thugs associated with the corrupt monetary system will force its usage and impose draconian consequences on those deemed uncooperative.

The counterfeit funds will be free while the people will lose their freedom.

Soon the unConstitutional coup will have to play its totalitarian card if the diversionary tactic of a Presidential election merely confirms the suspicion that there is an inner circle of conspirators enriching themselves at the expense (including the lives and limbs of unsuspecting ‘patriots’ who thought they were serving a Constitutional Republic) of all of us.

Fred Bastiat November 30, 2008 at 9:52 pm

Why stop at zero? Think of the amazing growth that could take place with negative interest rates. If the fed prints up money and literally pays people to borrow it, think how much richer we all could be. Simply borrowing money could be a money making enterprise… and who could fail to make money doing that?

Rad December 1, 2008 at 12:04 am

It is amazing to think that such educated people can make the same stupid mistakes over and over again. The Fed is following the Japanese method of dealing with a large real estate bubble and we will have the same effect. Maybe worse. The difference was the Japanese had a savings account to rely on in hard times. Americans have no savings so I do see much worse in the future. They will erode our middle class away even further by destroying dispendable incomes and purchasing power through the inflationary monetary policy that they are following.

Timothy foster December 1, 2008 at 5:34 am

Do they want our economy to fail and start over with something new?

If this system in the long run will always lead to failure than it stands to reason that some one in charge would want to end it to they’re advantage…

HSK December 1, 2008 at 7:11 am

Timothy

One world currency.

This will solve all the problems; just like the Fed solved the first emergency.

Bruce Koerber December 1, 2008 at 8:52 am

November 24, 2008

Why Is The U.S. Deliberately Destroying The Dollar?

With the general public still unable to recognize that the source of the problem is the government (it is really just serving as a front for the unConstitutional coup), the rapid and total destruction of the dollar will ‘justify’ the ‘need’ for a worldwide fiat currency so that one ‘central bank’ can ‘stabilize’ the world economy!

Can you see any other event that would create such an hysterical mandate from the terrorized masses who think that government has the role of stabilizing the monetary system?

And why are the masses feeling terrorized? Because the power elite who are invested in the monetary hegemony of all of the nations in the world are economic terrorists.

The nations in their crosshairs are the ones who are trying to gain independence from their monetary imperialism.

It is critical that the members of the inner circle of the unConstitutional coup in the United States be identified and stopped before they destroy the dollar, before they try to impose a worldwide fiat currency, and before they torch all of the nations that they consider rogue nations.

danny December 1, 2008 at 5:55 pm

Yes, the money will be free, and worth every penny!

Timothy foster December 1, 2008 at 9:56 pm

One world currency…

Any country that takes it will be subject to inflation tax, making the biggest pyramid scam with its problems even bigger! Politicians are just stupid enough to buy it!

Brian Macker December 2, 2008 at 4:33 pm

Boy, if only I was able to get on the gravy train of borrowing money at zero percent interest. I’d take out a loan for $2 billion with a ballon payment at the end of the term. Then I’d invest it all in gold, foreign stocks, etc.

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