Apparently...
The government is made of money. Because apparently they've found somewhere in their budget to provide $7.4 trillion dollars to 'ailing banks.' Which is funny, because the last I heard them promise, it was 'only' $700 billion. Even funnier? This now practically doubles our federal debt from about $10 trillion.
That begs the question: Where exactly are we getting all of this money if we're this much in debt as a nation? Oh... that's right. We're printing it. With nothing to back it up.
Why don't we just give each bank their own printing press? That way they can print out the money they need? Who needs a middle man when all the current middle-man is doing is printing out money which has the wonderful "take-our-word-for-it" standard? Who needs gold? Who needs silver?
Not the government, anyway.
That begs the question: Where exactly are we getting all of this money if we're this much in debt as a nation? Oh... that's right. We're printing it. With nothing to back it up.
Why don't we just give each bank their own printing press? That way they can print out the money they need? Who needs a middle man when all the current middle-man is doing is printing out money which has the wonderful "take-our-word-for-it" standard? Who needs gold? Who needs silver?
Not the government, anyway.