Public Money vs. Private Credit

[LCFXTRADER]

I read this article over the weekend and it's bugging the crap out of me regarding if it is factual or not. Any idea if the use of public money for all transactions would eliminate the need to pay federal income tax? Would this really work to eliminate the nation's deficit?

http://www.21silver.com/?show=merrill&read=public_money_vs_private_credit

 

[achilles28]

Yes, the Government can print money to meet expenses. Far superior to banks "printing" money, which they loan back to us at interest, and collect the vig. Therein lies the scam of fractional reserve banking.