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Dan Star's avatar

The Founders also mostly did not want a central bank. The Constitution in two clauses strongly implies (back then obvious?) that only Gold and Silver will be used as money (settle all debts including taxes). The Fed prints money for the favored class that worsens the human vices. Blockchain Gold/Silver would work but then Congress could not spend wildly. Bought that book!

Ronald Chapman II's avatar

Yes. I agree with you Dan and thank you for your support!