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Charles Brightman
Bloomberg Television
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Comments by "Charles Brightman" (@charlesbrightman4237) on "Will Banking Disorder Dethrone the US Dollar?" video.
a. US Fed should have an annual goal of 0% (zero percent) economic inflation. The US Fed should have ONLY 1 single job, control economic inflation at zero percent and let the markets take care of employment. b. Banks should pay interest on saving's accounts that at least keeps up with the true cost of inflation, if not even slightly more, and they would have more money available to loan out, proper loans being inputs to also help pay the interest on saving's accounts. c. The size of the population should be a partial backing to a nation's currency as well as a factor in how much currency should be in the economy. The citizens being seen as assets and not liabilities. It's the citizens that help make a nation great and help build and maintain that nation to be what it is.
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@MarekKolenda-lg8ix If big corporations are sitting on mountains of cash, then that cash is not in banks collecting interest. Nor can that cash be loaned out by banks to collect interest on loans to pay interest on saving's accounts.
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d. As a nation becomes greater, it's currency should be able to buy more, not less.
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