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Can the economy be strengthened by issuing Treasury Certificates based on work rather than gold?
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January 19th, 2009
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If the US created one billion Treasury Certificates & payed infrastructure construction workers with them, would this reverse the economic decline? Lincoln financed the Civil War by doing this and Hitler crushed runaway inflation in Germany by doing this. Doesn’t it make sense that money should be based on work performed rather than gold in a vault?
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