There are so many questions about the causes of a global economic depression that I have to admit I was surprised to find out that my question “does chapter 15 section 2 of the United States Constitution work” was not the top question that came up in the search box. It turns out that this is one of the most critical questions you can ask yourself when you are trying to make sense out of the financial crisis.
Well, it is not only the United States Constitution that has to answer some hard questions. What does section seven say about the Federal Reserve, the Federal Deposit Insurance Corporation, and the FDIC? What does section ten mean regarding the U.S. government’s ability to finance its own deficits?
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I was even more surprised to discover that all of those questions were answered correctly when I typed in the words “does chapter fifteen section two of the constitution work” into Google. The first page returned with a whole bunch of web sites which claimed that no section of the Constitution could be applied to our current economic situation, or to any future one. But when I looked at those web sites, they had nothing to say about chapter fifteen section two.
It is important to note that we are still forty years away from the Federal Reserve ever actually doing anything to stop inflation. And, that’s if it ever does.
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If it doesn’t then it will be well past when the dollar loses its value for a long time after forty years. That means that our nation will never again enjoy a “gold standard,” as a result of our own fiscal mismanagement, if we don’t learn from history.
We must learn from other nations who suffered an economic disaster, and we need to do the same. When we learn from the mistakes of others and then do it ourselves, we will not only save our economy, we will be able to rebuild a sound currency once again.
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We are so far behind in learning from other countries and in our financial markets that we cannot afford to keep making the same mistakes, but we must continue to make our own mistakes because we are the ones that have been putting it off. And that’s the real tragedy here.
The best advice I can give you in the present economic crisis is to stop waiting for someone else to save you. Learn what your own Constitution says in regard to our country’s financial markets, and do something to make sure it stays sound.
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It would also be a good idea to read through chapters one through fifteen of the U.S. Constitution. You can do this online, or you can go to your local library and find out where you need to begin.
There is no reason why you cannot learn more about it from the source of our government and then implement your understanding in the U.S. Of course, I am not endorsing the idea of taking lessons from the United States Constitution. What I am saying is that we must be prepared to apply them.
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One of the most important things I learned from my library was how to spot a false teaching when I was trying to understand it. That is because there were just so many false concepts in chapter fifteen that I couldn’t believe how many people were taught them.
I know of many people who have a difficult time understanding how to solve our problems, because they don’t understand the Constitution, and therefore, they end up teaching others who don’t either. For example, they think the Federal Reserve is capable of solving the debt and the economy problems by printing paper money.
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However, the U.S. Constitution never intended to print paper money, and it never said that it could, and it certainly didn’t say that the Federal Reserve is capable of creating it. In fact, it doesn’t even make any sense.
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