More Money Printing on the Way

People just don't want to understand that the Recession is the Fix rather then the problem. It is the only thing that makes people respect the dollar.

The National Debt represents newly printed money. The Treasury prints up Bonds and sells it to the Fed to give the appearance of some sort of book balancing. Only a small amount of the the debt is money actually owed to anyone. There is no one on this planet that has 40 trillion dollars to lend to the US govt. It is a ridicules number that borders on not being a real number at all.

1 million second = 6 days (no problem)
1 billion seconds = 30 years (easy to imagine, hard to remember)
1 trillion seconds = 30,000 years (what the EFF' is that???)


Printing money to get the economy moving only creates a much bigger problem of instability. European countries printed money for years and were very unstable economically because of this. That is why they moved to the Euro which was much harder to just print more of without getting a lot of counties to approve.

I think the answer to the monetary disaster in the US is to replace the Federal Reserve Board of Governors with the State Governors. If 2/3's of them agree to increase the money supply through more debt or change interest rates, then ok. We need a check and balance over money printing. That check and balance should go back to the states.