RTG-15-2009-01-25

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In episode 14 Adam Curry asked several questions.  I addressed those in Answers to Adam Curry.  This episode is a summary of those answers which appeared on the Daily Source Code 29 April 2008.  Discussion of the monetary provisions of the Constitution including the powers and disabilities.  These provisions for sound money stand as bulwarks against despotic inroads by government.  The Federal Reserve System is in complete opposition to the United States Constitution.  The system allows for the bankers to ‘privatize the gains and socialize the losses’.  The system is unsustainable and end in either a deflationary implosion or explode in a hyperinflation.