US constitution article 1.8.5 allows the creation of money (technically by congress). That power has been usurped by the FED and commercial banks in US and central banks worldwide.
Bottom line: They can "print" up as much money as desired, whether by creating debt or 1.8.5 - i.e. budget without limit.
US constitution article 1.8.5 allows the creation of money (technically by congress). That power has been usurped by the FED and commercial banks in US and central banks worldwide.
Bottom line: They can "print" up as much money as desired, whether by creating debt or 1.8.5 - i.e. budget without limit.
US constitution article 1.8.5 allows the creation of money (technically by congress). That power has been usurped by the FED and commercial banks in US and central banks worldwide.
Bottom line: They can "print" up as much money as desired, whether by creating debt or 1.8.5 - i.e. budget without limit.