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I just thought you should know; lunch really can be free

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Rodger Malcolm Mitchell
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Throughout its history, the federal government has pretended it is not the God of the dollar. Why? Economists have wrongly told the government that exercising its rights as God of the dollar would lead to instability and inflation.

But, being the God of the dollar, the government not only has the power to create and destroy dollars, it has the power to set the value of dollars, i.e. to end or create inflation at will.

Many Monetarily Sovereign governments have exercised their God-like power over the value of their sovereign currency, simply and arbitrarily by changing its exchange value. Years ago, the UK did it; Mexico did it; many Monetarily Sovereign countries have done it.

Greece, France, Italy, Spain and other euro nations can't do it. They are not Monetarily Sovereign. They are not Gods of the euro.

Believing the economists, that without restrictions, the dollar would be unstable and subject to inflation, the U.S. government has always restricted its God-like powers. These restrictions have made people -- even people in the government -- wrongly believe the government was less God-like -- less Monetarily Sovereign -- than it really is.

We see evidence of this, everywhere. The federal government unnecessarily levies taxes to obtain the dollars it can create at will, even though it neither needs, nor uses, those taxes.

The government has even created a complex, convoluted accounting system to track those taxes -- a system which gives the false impression that somehow those taxes actually support government spending.

The twin facts that the Monetarily Sovereign government -- the God of the dollar -- can create dollars at will, and also being the law-maker, can change the accounting system at will -- seem lost to the public consciousness.

Today, most of the government pretends, and most of the public believes, that the federal government is monetarily non-sovereign, that it needs to tax and to borrow dollars, that it needs to "live within its means," and that it is "broke" and that, for all the wrong reasons, needs to starve our economy for dollars.

Slowly and agonizingly, we try to recover from a recession caused by, exacerbated by and continued by a shortage of money. America has the people; the technology; the brains and physical resources -- we have everything we need to create a vibrant, wealthy economy -- we have everything but sufficient dollars.

Our Monetarily Sovereign government, the God of our dollar, levies unnecessary taxes, restricts spending, impoverishes the middle and lower classes, and brainwashes the public into believing these restrictions are prudent.

With the passage of a few laws and the press of a computer key, our government could instantly make American citizens the wealthiest people the world has ever known, now and forever.

It might seem too easy; it might seem to be too good to be true; it might seem like the proverbial free lunch.

But in this case, easy really is easy, and too good to be true really is true, and lunch really can be free.

I just thought you should know.

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Rodger Malcolm Mitchell Social Media Pages: Facebook page url on login Profile not filled in       Twitter page url on login Profile not filled in       Linkedin page url on login Profile not filled in       Instagram page url on login Profile not filled in

Economist since 1995. Wrote the book, FREE MONEY. Economics blog is at http://www.rodgermmitchell.wordpress.com. Also maintain a site at www.rodgermitchell.com

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