Is the Real Problem Excessive Government Spending?

Seashore · 05-15-2009, 11:31 AM

I am interested in the push to end the Federal Reserve. But the question that I have in my mind is, suppose the government paid for spending with tax revenue rather than borrowing. Would the Federal Reserve still be a problem?

The setting of interest rates is a second issue...

But thinking only of government borrowing, I'm wondering how that will change if we end the Federal Reserve. Will we still borrow to supplement revenues? Will we borrow interest-free? How will that work?

05-15-2009, 11:31 AM	#1
Seashore Avalon Senior Member Join Date: Nov 2008 Posts: 3,564	Is the Real Problem Excessive Government Spending? I am interested in the push to end the Federal Reserve. But the question that I have in my mind is, suppose the government paid for spending with tax revenue rather than borrowing. Would the Federal Reserve still be a problem? The setting of interest rates is a second issue... But thinking only of government borrowing, I'm wondering how that will change if we end the Federal Reserve. Will we still borrow to supplement revenues? Will we borrow interest-free? How will that work?