Economy is not just the interest of greedy capitalists smoking cigars in New York City skyscrapers. It is the basis of life itself: the making of a home, the establishment of a way of life, the judicious use of natural resources which are always limited by the passage of time, the production and consumption of energy, the Sun itself.
From its Greek roots, eco means house or habitat; and nomy means management. Thus in its literal sense an economist is a household manager or spendthrift. Economy is the means of ensuring survival in one’s environment: providing shelter, sustenance, and in the case of humanity, tools upon which we rely for our magnificence. With tools we further develop our economy. We may establish a surplus of shelter, sustenance, and or personal property. It becomes a hedge against the future.
When humans are in want of shelter, sustenance, and or personal property, they have multiple ways of getting it, if they cannot create it for themselves. They can trade for it, they can steal it, or they can kill for it. This is the spectrum between peace and war.
Trade is greatly simplified by a substance called money, which comes in peace, as well as pieces. A piece of money is a precious object. It may be a shell or colorful bead, or it may be metal. The two essential qualities of money are scarcity and beauty. There are in fact many kinds and grades of money. But gold is their king; the most beautiful substance, and quite useful too. A purity which withstands both time and fire.
To paraphrase: if a woman won’t adorn her face with it, it’s not money. That’s how we know to stay away from Bitcoin.
Enter the “Federal Reserve” bank of the United States. Created in 1913, it was certainly not the first institution designed to debase a national economy for the sake of a war hungry state power. But it did tip the scales of two world wars against Germany by stealing the wealth of the American people. A dollar’s worth of silver in 1913 is today worth $22 dollars in Federal Reserve Notes, with silver at absurdly low prices due to paper debasement of its own. A dollar’s worth of gold in 1913 is today worth $98 dollars in Federal Reserve Notes. They’ve taken it all, ~99% of our wealth, and they’re squeezing the last zinc nickels out of our pockets as we speak.
All that money was spent on world wars, in the name of people who didn’t want them.
What is a Federal Reserve Note anyway? It is paper money, which has a long history of causing economic collapse via fractional reserve banking. But FRNs are much more insidious than that. They are NOT dollars, they are dollar “bills”. Read their faces carefully. Up until 1933, they were redeemable for metal. But now they are mere post it notes upon which is built quadrillions of dollars in unpayable notional debt.
If you have a dollar bill in your hand, then you owe the Federal Reserve a dollar bill, plus interest. The Federal Reserve only allows itself to be “repaid” at interest, a policy that guarantees inflation and monetary debasement. It would be different if we were actually borrowing money from a reserve. Then some interest would be due. But instead we are being paid for our labor with DEBT that accumulates interest. Then the federal government turns around and taxes citizens on the obligations they have accumulated through labor, demanding more dollar bills in payment.
End the Fed? Too late, their work here is done! Due to our unpayable national debt, dollar bills will soon become absolutely worthless. We will be left holding a bag of confetti. The banks will continue to float fraudulent money, but their new debt currency will be strictly digital, and it will be imposed worldwide. Thus the whole planet will one day meet the fate that now looms for the United States of America.
Thanks for posting. This is the most important post you've done. Zionism, globalism, TPTB, etc means nothing without the power of commerce