Advanced Knowledge Economy

The United States Has No National Debt, And Thus, No National Debt Limit   The current $31.56 Trillion Treasury Securities Holdings, the so-called U.S. Federal Government Debt, falsely touted as the U.S. National Debt, is a Monumental Fraud. Hence, Stop Destroying the United States and American Citizens with this Monumental Fraud and Fallacy of National Debt and National Debt Limit. It is shocking that in this 21st Century, we Americans are still perpetuating Alexander Hamilton's 1790 profound error of equating U.S. Treasury Securities Holdings to U.S. National Debt. No wonder the First Vice President of the United States, John Adams, wrote the following excerpt in his Letter to Thomas Jefferson on August 25. 1787.  " All the Perplexities, Confusions and Distresses in America arise not from defects in their Constitutions or Confederation, not from a want of Honour or Virtue, So much as from downright Ignorance of the Nature of Coin, Credit and Circulation .   In ...