To control money supply requires that we control credit and this is done through interest rates on that credit. To exercise some form of control on money supply, the Federal Reserve System, attempts to control money supply, and unfortunately productive labor, by controlling bank interest rates on our savings and our loans. The Federal Reserve System is a private bank owned by some of our private commercial banks. The United States has no government owned banks all banks are privately owned. Read more about http://www.libertyreserveinvestments.org here.

Currently these conditions are lacking-due to a misguided faith in the destructive social systems of socialism and government interventionism. The Sanctity of an Individual's Life, Liberty and Property - If people no longer respect the sanctity of an individual's life, liberty and property-how is it possible that the positive emotions of love, happiness and joy can thrive Certainly there are rationally selfish individuals who believe in trading value for value. And they possess the integrity to practice this in their everyday activities. Tragically there are too many shortsighted individuals seeking benefits without giving much in return.

The seller takes the buyer's promissory note (credit card, loan contract) and uses it as money, operating as a bank would. By selling these promissory notes into the labor-money exchange system, more exchange money circulates than should exist. When prices fail to fall on goods and services that are in over supply, which in a strictly cash economy they must, the artificial demand caused by creating additional credit, creates that additional exchange money. When credit is extended to a laborer, who promises future labor money to consume a surplus today that promise is treated as ready cash and is absorbed by the economy as a whole as soon as that credit is given.

When was the last time you saw a 20 dollar gold. piece. Happily, the solution is simple, and as. American as apple pie.