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Book synopsis

This is the most comprehensive and ambitious piece of legislation ever proposed. "Even my closest friends are convinced that this Act proposal will be totally ignored by those in power; 'only if we let them!' I say." (The author) By restoring to government, through the Fed, the sole power to create money, the legislation proposed in this book, when enacted, shall, among other things: -Give the Fed the effective control of the circulation of money within the country; -All but eliminate the destructive business cycles; -Provide a new and substantial source of revenue for the federal and state governments; -Extend government control over the flow of U.S. dollars abroad; -Empower the U.S. government to issue loans to foreign governments without impacting the fiscal budget; -Eliminate the burden of the public debt within less than a decade; -Free the government from the need to borrow from private funds; -Restrain economically useless and dangerous financial activities; -Reverse the U.S. Trade deficit and eliminate the dangerous overhang of U.S. money abroad; -Promote economic growth, reduce unemployment and shrink the welfare state; -Initiate a movement toward reform of the economic discipline, here and elsewhere. In short, it will revitalize our economy, as well as the economy of the entire world.

Book details

Book category Books in English Law Laws of Specific jurisdictions Constitutional & administrative law

• Full title: Money-Sovereignty Recovery ACT
• Author: Jorge H Moromisato
• Language: English
• Binding: Paperback
• Number of pages: 104
• EAN: 9781935903062
• ISBN: 9781935903062
• ID: 08883222
• Publisher: Rogem Press
• Weight: 163 g
• Dimensions: 229 × 152 × 6 mm
• Date of publishing: 07. February 2014

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