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Why not Trump ? (RAP) Renaissance for the American People.

May 10, 2016

Donald J Trump,
RWER asks ‘Why Trump’?
https://rwer.wordpress.com/2016/05/05/why-trump-2/…
..Answer:

**Why not Trump ? (RAP) Renaissance for the American People.

The BEST chance for the American people.
QE 4 Infrastructure- Make America Great Again!
MR. President, the Sec. of the US Treasury, and
Chairman of the Federal Reserve; use the power of the U S Constitution.
Not as a bailout.
Not as a cost to all the taxpayers.
Not as an increase in deficit spending.
Rather a magic economic proven silver bullet that would reduce taxes
while at the same time increase non- deficit spending.
REVERSE: What the Central Banks are doing; rather than making the rich richer have them…
fuel the increase in wealth Equality and …” promote the general Welfare, and secure the
Blessings of Liberty to ourselves and our Posterity,…””
A HONEST CENTRAL BANK;
THE ONE STEP ADMINISTRATION SOLUTION..
When a honest Central Bank uses “QE” for the betterment of the community in a
capitalistic economy, it will be the greatest system ever devised by mankind.
FREE DOWNLOAD: “The Role Of Money”
”http://archive.org/…/role…/roleofmoney032861mbp_djvu.txt
Comments by Justaluckyfool ( http://bit.ly/MlQWNs )
QE !
A simple change in direction of doing something for the common bettering of all the people.
“QE- “State Infrastructure Bonds (Year of Issue).(Ex. SID 2016 $1 Trillion)
Total amount to be issued by States to be $1 trillion of State Infrastructure Bonds, (divided among the 50 states plus 1 for D.C. and Territories,
using a relative population percentage as a guide), with a rate of 2% for 36 years.
The Federal Reserve is to PURCHASE this entire issue, this entire asset.
It would be a purchase “for the people, for the common bettering of all citizens,
rather than for the “private for profit banks” and it would gain revenue,
yes increase revenue of $20 billion/year.(A revenue income of $720 BILLION with a zero cost.)
We must rebuild and replace so that it is not in vain; do it smart; as an investment for the future.
The states will be able to not only rebuild but also do it smart by creating millions of new jobs.
The Fed has already proven that it can do this at a profit to the US Treasury (“we the people”)
and with no increase in the debt (it is an asset purchase).
Make America Great Again !

**Why not Trump ? (RAP) Renaissance for the American People.

Donald J Trump,
Gandhi’s famous quote: ““First they ignore you, then they ridicule you, then they fight you, and then you win.”
You will win with your response to your valid reasoning of ” A Monetary Sovereignty
can not default because they are the issuer of the currency…
” if the debt is in their currency”. Period.

Donald Trump: “The U.S. Gov’t Doesn’t Default Because It Can Print More Money”
Posted on May 9, 2016
“Bonnie Kristian over at Rare writes,’Bonnie Kristian over at Rare writes, Seriously, this proposal is so economically ignorant it is difficult to know how to respond. It’s the sort of thing you’d see if any half-decent economist got a guest writing gig at The Onion. If there were no video evidence, I’d be convinced it was satire.
All that new money would not magically create new wealth. It would simply dilute the purchasing power of the money that already exists—”
Seriously, Bonnie Kristian are you ..”economically ignorant”
believing that this money spent is not in existence ? Then why even pay off debt ?

***** If the nation has ZERO plus dollars in its account as owned funds, how does it ‘spend’ even one dollar-except by stealing it or creating a copy of it “out of thin air”.What is so hard to realize that “It is impossible to create wealth “out of thin air” . What they are really doing is “making a copy of someone elses “real Wealth” and giving that copy made “out of thin air” to someone else thereby “creating two owners for the exact same thing”. If a Nation could, in fact, violate these rules of physics, why would we not be fat and prosperous, sitting on our backsides “printing wealth” for our selves and our children! *****The people receiving the USTBBs are GIVING UP THEIR RIGHTS TO REAL WEALTH THEY OWN and are willing to exchange this new ‘paper’ and have it held in safe hands until needed. (US TREASURY BEARER BONDS @ 0%).
****** BTW you should read the U.S. Constitution: When a Monetary Sovereignty spends more money than that which it has taken out of its own currency circulation: it must “borrow” (as per US Constitution). This creates the debt of the entire sovereignty,that debt being in that currency.When a Monetary Sovereignty has a debt in its own currency that debt is a deposit in its Central Bank. The owner of the Debt Deposit may withdraw upon demand; however the owner then loses the protections and safety of the credit of the sovereignty.
Why is there a problem?
SO where did we go wrong ?
“Its the INTEREST, stupid.”
A deficit that grows exponentially MUST over time destroy the quality and quantity of the currency.Period. One can not ignore this mathematical fact this fatal flaw. With no additional spending, while asleep at the wheel the present debt will go from $19trillion to $38trillion, then to $76trillion, to $142trillion…maybe then, perhaps your great-grand children will ask, “What were you thinking?” MMTers are correct that the debt NEED NOT be paid, but we must FIRST correct the fatal “exponential flaw.” READ: National Debt becomes money deposited in the Central Bank as US TREASURY BEARER BONDS at 0% Interest (USTBB) need only be paid on demand by each holder- there is no growth of debt.
To those who “buy” the debt, it is really just a very safe savings account, identical to a bank CD but totally safe because it is Constitutionally guaranteed.
EXACTLY, why China will not convert its $3.5trillion and be happy with USTBB – and we will no longer have to give them @ $200billion of new money. Nor would the 10%ers that hold this ‘debt’ wish to spend it (that would be ,perhaps, maybe a great boost of income for the 90%ers), or allow the banks to hold their lifetime saving, knowing that they will be subject to risk (they know how trustworthy they are with money.).
https://justaluckyfool.wordpress.com/…/debt-service…/
Quote Thomas Edison, “…Whereas the currency, the honest sort provided by the Constitution pays nobody…” But the owners of the debt that is now on deposit.
***”The ease with which the government’s debt could be paid in this way was demonstrated in January 2004″, As the chairman of the Coinage Subcommittee observed in the 1980s.
READ-CHALLENGE-ENDORSE:
https://justaluckyfool.wordpress.com/…/debt-service…/
THEN PUBLIC DEBT WOULD BE A GREAT THING-INDIVIDUALS LENDING THE COMMUNITY FOR ITS BETTERMENT.
“WHY PUBLIC DEBT IS A GOOD THING.”

**Why not Trump ? (RAP) Renaissance for the American People.

Icahn: Republicans don’t understand economics and it’s killing the country
Everett Rosenfeld | @Ev_Rosenfeld
Thursday, 28 Apr 2016 | 3:35 PM ETCNBC.com
3.1K
SHARES
Republican lawmakers are suffering from a near “pathological” misunderstanding of the national economy, and they may be hurting markets and Americans alike, billionaire investor and Donald Trump supporter Carl Icahn told CNBC on Thursday.
Icahn, who Trump had previously suggested could serve as his Treasury secretary, warned that markets will have a “day of reckoning” without fiscal stimulus, and argued that the U.S. government “certainly could do more spending.”
“The Republican Party that I used to be more sympathetic with — I’m right in the middle now, although as you know I’m for Trump — but what I would say is Congress is in this massive gridlock,” he said, explaining that the Republican-controlled body is “obsessed with this deficit to a point that I think it’s almost pathological.”
http://www.cnbc.com/…/icahn-republicans-dont-understand-eco…

When a Monetary Sovereignty spends more money than that which it has taken out of its own currency circulation: it must “borrow” (as per US Constitution). This creates the debt of the entire sovereignty,that debt being in that currency.When a Monetary Sovereignty has a debt in its own currency that debt is a deposit in its Central Bank. The owner of the “Debt Deposit” may withdraw upon demand; however the owner then loses the protections and safety of the credit of the sovereignty.
Why is there a problem?
SO where did we go wrong ?
“Its the INTEREST, stupid.”
The National Debt: A THING OF BEAUTY.
The National Debt: A THING OF BEAUTY. When a Monetary Sovereignty spends more money than that which it has taken out of its own currency circulation: it must…

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One Comment
  1. Amazing blog! Do you have any tips and hints for aspiring writers?
    I’m planning to start my own blog soon but I’m a little lost on everything.
    Would you recommend starting with a free platform like WordPress
    or go for a paid option? There are so many choices out
    there that I’m totally overwhelmed .. Any suggestions?
    Bless you!

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