Hyperinflation Prevention Party at the Federal Reserve Bank of NY

For a Green New Deal

NEW YORK, NY, May 07, 2021 /24-7PressRelease/ -- Join The Resistance Company and Crackhead Barney for an evening of live, unpermitted punk rock music, uncensored comedy and traditional Filipino stick and knife martial arts demonstrations to fight hyperinflation on Saturday, May 15, 5pm at 73 Maiden Ln, Louise Nevelson Plaza, next to the Federal Reserve Bank of NY, across William Street.

President Joe Biden is arguably ignoring the looming hyperinflation crisis no differently than Donald Trump neglected and failed to contain the Coronavirus outbreak. "Today, there is no cost to create new money. Just a push of a computer key and the cost of distribution is low. The only concern we have is excess inflation. Of course, the current Central Banking systems created inflation and deflation around the world causing massive human hardships. In the U.S. alone they have overseen 19 recessions and the Great Depression and Great Recession in the last 100 years," according to Mark Pash from the Alliance for Just Money.

"Legislation was written, vetted and introduced to Congress in 2011, to replace the speculative Federal Reserve System with a reliable, stable-value monetary system. The NEED Act was shelved by the Banking Committee at that time and remains at the ready. Now is the time to make this important change," according to Sue Peters, also from the Alliance for Just Money and the Green Party of New York.

The NEED Act is a bill to create a full employment economy as a matter of national economic defense; to provide for public investment in capital infrastructure; to provide for reducing the cost of public investment; to retire public debt; to stabilize the Social Security retirement system; to restore the authority of Congress to create and regulate money, modernize and provide stability for the monetary system of the United States; and for other public purposes.

The NEED Act was last introduced in the 112th Congress as H.R. 2990 by then Representative Dennis Kucinich (D, OH) and the late John Conyers (D, MI).

Please RSVP and follow Mark Apolloa and Cat Watters on Facebook to participate via livestream.

The Alliance for Just Money does not endorse this demonstration, however please visit their website www.monetaryalliance.org for more information on monetary reform with The NEED Act.

Louise Nevelson Plaza is at 73 Maiden Ln, New York, NY 10038.

For more information contact Harrison "Tesoura" Schultz Ph.D., at 646-706-1734 or schuh072@newschool.edu



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