National debt solution
U.S. National debt
US National debt
Federal government budget
Federal budget deficit
Discussions of Free Money
Discussions of Free Money
Tell why you do or you don't believe the Free Money concepts: All money is debt. Taxes should be eliminated.
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Entry for May 5, 2007

     Most sciences conduct experiments and the results of those experiments form the foundation of scientific belief.  Economics conducts experiments, yet few economists believe the results.


     Example: The Reagan administration began the largest federal debt increase in American history.  The result: America moved from the high inflation and economic "malaise" of the Carter administration, to low inflation and fast economic growth.


     Yet, most economists ignore this experiment, and continue to preach debt reduction.  In a sense, economics has become a religion, where the status of the preacher is more important than scientific fact.

2007-05-05 20:17:12 GMTComments: 13 |Permanent Link
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