Posted by
john prange on Monday, June 01, 2009 12:45:21 PM
In trying to teach their kids financial responsibility, parents used to say, "Money doesn't grow on trees." In other words, money had to be earned; nobody was going to just give it to you. But paper does come from trees, and the Federal Reserve chairman has vowed to print as much paper money as necessary to stimulate the economy. If our government-sanctioned Federal Reserve can just print money to give to banks to loan out at interest, why can't Congress just instruct the Federal Reserve to print enough money to make every American wealthy? A pre-1921 silver dollar and once ounce of silver bullion will be awarded by JP's Coins & Collectibles to the author of the best essay answering that question. Send your essays of 500 words or less to Essay Contest, JP's Coins & Collectibles, 420 S. Burdick St., Kalamazoo, MI 49007. Deadline for entries is the 4th of July.