Abolish the Federal Reserve. Allow state, county and city PUBLIC banks to replace the Federal Reserve system. Abolish Debt Based Money and fractional reserve banking. Change the issuer of money from the Federal Reserve back to the US Treasury, with the US government "spending" the money supply into existence, instead of the private bankers" lending" the money into existence. Require full reserve banking
Why is this important?
The current Federal Reserve system, fractional reserve banking, and Debt Based Money has created chaos in the financial markets worldwide. End the Federal Reserve and change the monetary system to take away the ability of bankers to create money "out of thin air". Change the monetary system so that the government "spends" money into existence instead of the current system of private bankers "lending" (at high interest rate) money into existence. Require "full reserve" banking.
