PROBLEMS CONSTITUTIONALLY: ARTICLE 1, SECTION 8, OF THE CONSTITUTION.
NATURE’S BASIS LAW OF ECONOMICS STATES:
There are only two kinds of resources: people and natural. All goods and services flow from the action of people resources on natural resources. Money is the medium of exchange of which there should always be a balanced supply. Article 1, Section 8, of the Constitution gives Congress three means to raise money: taxation, borrowing money and most important the right to coin and print money or put bytes on a computer chip. Why only use two legs of a three-legged stool? BY-PASS THE FEDERAL RESERVE AND GIVE THE MONEY DIRECTLY TO THE TREASURY DEPARTMENT.
All new Government programs should be funded with the creation of new money, not from taxes or borrowing. If the Second Amendment gives every person the right to own a gun, only an idiot can not see that Article 1, Section 8, of the Constitution gives Congress the right to create new money.
BY-PASS THE FEDERAL RESERVE AND GIVE THE MONEY DIRECTLY TO THE TREASURY DEPARTMENT TO FUND THE BUILDING AND RE-BUILDING OF THE INFRASTRUCTURE; AND GIVE EACH STATE A BILLION DOLLARS FOR EACH REPRESENTATIVE. THEY GAVE UP THEIR RIGHT TO CREATE MONEY WHEN THEY JOINED THE UNION.
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The economic assets of America consists of more than one year of GDP or GNP. The economics assets of America are more like 213 trillion dollars. Multiply 14.6 times 14.6 that will give you a more accurate number. The total assets of the Federal Government is a quadrillion dollars. The deficit is a National Joke of small minded people.
YOUR MONEY IS DEVALUED WITH A PRICE MARKER, NOT BY CREATING NEW MONEY TO CREATE NEW JOBS. INFLATION IS AN EUPHEMISM FOR THEFT.