… reserve drains with all revenue of government destroyed by the debt that created it to begin with. By balancing the money supply to the gold reserve value “policy space” could be created to allow the government to provision itself and pay for programs with spending.

It isn’t your fault and Warren/Sanders are also culpable from their pandering to popular opinion…
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Keith Evans
Adam \[._.]/
Apr 24 · 1 min read

I’d like to get more detail on this. How does this handle repayment of bonds? Does this imply repaying in gold, or re-asserting the value of the dollar to gold (or vice-versa)? I would think this would limit the ability of the fed to print money arbitrarily to pay for arbitrary programs. Maybe I misunderstand.

    Adam \[._.]/

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    Adam \[._.]/

    Software Architect. Dad. Drawer of things. Creator of https://BeetleRoyale.etsy.com

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