About me - Bill Parks

About me

Featured article by Bill Parks

Politics, News & Issues > Political & Economic Theory Have democrats gone crazy with America's money?

As a sovereign nation with full authority and power to issue its own money, America has adopted a 'crazy' money system using privatized currency created as debt extended into the economy in the form of the principal of loans that must be repaid with additional interest, which is not supplied, resulting in contractual terms that cannot be fulfilled when all the loans are considered as a whole. The problem inherent in privately owned central banking systems, like those countries using the British banking system created and patterned on the 17th century, Bank of England in the late, is that t...

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