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It would be better to have interest free money like Lincoln's Green Backs and JFK's Silver Certificates. But it might get you killed. Virtually all the money that Treasury supposedly prints, comes into being as credit at a major banks and the Fed (so it is all interest bearing). Soon the interest service on the national debt will be much greater than the annual budget. Refer to https://medium.com/@daneke/when-the-wank-became-swank-money-banking-and-the-evolution-of-the-all-debt-economy-22e334f8ee3e

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Greg Daneke, Emeritus Prof.
Greg Daneke, Emeritus Prof.

Written by Greg Daneke, Emeritus Prof.

Top Economics Writer, Gov. service, corp consulting, & faculty posts (e.g., Mich., Stanford, British Columbia). Piles of scholarly pubs & occasional diatribes.

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