Further increases in federal debt relative to the nation’s output almost certainly lie ahead if current policies remain in place.
A Blog About Our Debt Money System, the Effects of Borrowing at Interest and the Unpayable Debt it Creates. Learn How Minnesota Can Lead the Nation in Fixing Our Broken Economy. STUDY FROM OLDEST POST TO NEWEST.
Further increases in federal debt relative to the nation’s output almost certainly lie ahead if current policies remain in place.



House Speaker Nancy Pelosi (D-Calif.) signs the
Financial Reform Bill at a bill enrollment ceremony after the Senate
passed the bill on Capitol Hill in Washington, Thursday.
Drew Angerer/AP



See: U.S. Constitution, Article 1, Section 8.
Congress has the ability to make its own money; why should it borrow any?
How It Is Now: First the borrowing ---> that creates the debt ---> then the spending.
Don't let them confuse you by saying that the "spending" creates the debt - it does not.
Borrowing creates the debt.
Don't get the cart before the horse.
How It Should Be: Eliminate the borrowning! ---> no debt ---> Congress creates the money to spend for what we need (complete value-added infrastructure rebuild) ---> production (the stuff we need) keeps pace with new money entering the system ---> no price inflation ---> prosperity for Americans.
It's as simple as getting rid of the parasitic, debt-based, Ponsi scheme, that they call our monetary system and replacing it with an honest, wealth-based money system that issues final payment, not debt (debt cannot be final payment!).
.
This is the bill that would change it in Minnesota: THE BILL
Your state could do the same.
The Problem: Monetary Policy (how money gets into the economy) The Side Issue: Economic Policy (what happens once money is already in the economy)