Tag Archives: National Debt

Balancing the Federal Budget

April 2013, After Tax Time: “I believe that banking institutions are more dangerous to our liberties than standing armies.”   Thomas Jefferson Consider that the government must make payments of interest and principal of the debt.  That money must come from … Continue reading

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Paying the National Debt

Paying the National debt. At this time the Federal Debt is over $16 trillion; the money supply (M2) is at this time $8.6 trillion. M2 is the total supply of money in circulation (currency-paper money and coins), plus all demand … Continue reading

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