No choice, pay the price, Treasury gets 2% plus or minus 2%..
What it does is raise the bounds on the Fed market account. The Fed is no longer on the 1,y,z branch of 3 tuples. *Well it never was)
If has a spit state it shares with Treasury. It is the monopoly tax dollar, let Treasury have their 2% fee and we get independent Due Process banking for 15 years. Screw the Overton window, this is actually a good deal. Just lock in a program, and when conditions are met it gets to credit Treasury some cash. A freedom tax, we get representation and Treasury gets a fair price. The Supremes have no objection.
What should Treasury do with the new money? Hand it to the state capitals, get a senate buy in, lock it in for 15 years. Get Due Process banking at the new fed, then it can remain on the 1,x,y and Treasury on another node down stream running the House/Senate skew. This works, helps reduce a whole bunch of historical blunders, and the Antificants will sign on. They all get Smart Cards, never kicked out of banking again.
My approach crunches the shadow banker, dollar share goes way up, and that two percent will seem tiny. It eliminates the primary dealer system. High multtipiier.
No comments:
Post a Comment