The Need For Sound Money To Fight Government Tyranny
The Need For Sound Money To Fight Government Tyranny
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Home Page > News and Society > Economics > The Need For Sound Money To Fight Government Tyranny
The Need For Sound Money To Fight Government Tyranny
Posted: May 24, 2010 |Comments: 0
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“Coinage is imprinted gold or silver, by which the prices of things bought and sold are reckoned. . . . It is therefore a measure of values. A measure, however, must always preserve a fixed and constant standard. Otherwise, public order is necessarily disturbed, with buyers and sellers being cheated in many ways, just as if the yard, bushel, or pound did not maintain an invariable magnitude.” ~Nicholas Copernicus, “Treatise on Debasement,” 1517 “
The Individualistic Capitalism of to-day, precisely because it entrusts savings to the individual investor and production to the individual employer, presumes a stable measuring-rod of value, and cannot be efficient – perhaps cannot survive – without one.” ~John Maynard Keynes, “Social Consequences of Changes in the Value of Money,” 1923
Humans are by nature capitalists, says Nathan Lewes, the author of Gold: The Once And Future Money, because of their need “to invest time and effort to create tools, techniques, and organizations to become more productive.” However, there is also risk involved, because there is no certainty. Problems may occur in the production, such as finding supplies or technological problems in creating the item. The end result may not actually work. Each tool is a capital investment, whether that be a rock to break open a clam or a semiconductor factory.
Using the family as an example, Lewis shows that not only are humans by nature capitalists, they are cooperative through “the division of labor, specialization and trade to improve their productivity still further.” They must create tools and “build knowledge (capital investments), engage in specialization and trade, jointly entering into productive endeavors (equity investments), and forming contracts, or promises, with others (bonds)”
This is true for the most primitive family unit as it is true for modern day society. As humans deal with others who are less closely related, their agreements or transactions become more formal. The two parties can no longer resort to family or tribal relationships for building trust but must find another form to base their trust for the transaction.
As people turn to one commodity as a medium of exchange, money is slowly created over time. Governments are not needed for its creation. No one invented money, it is a natural process throughout the world.
All kinds of goods have been used as money: miniaturized tools in China and miniaturized swords in Roman Britain, cowry shells, slabs of salt, beaded belts (wampum), giant stone wheels, tobacco, and so on. This creativity has continued into modern times, such as after World War II when the Germans used cigarettes as money.
Will we soon be in a similar situation when the dollar collapses? Will we return to gold as money? If we want to keep our freedom, we better turn to gold.
Money’s Gift
Money simplifies transactions, allowing an economy to develop and become more complex. In a barter system of 1000 goods, there would be 499,500 exchange rates, but with money only 1000 prices. The future may turn to electronic credits, but money’s role would remain the same as a measure of value.
Money allows for more than trade. It also allows for the creation of credits and debts measured in monetary units. With money, investors pool their wealth together in joint stock companies to finance endeavors of a greater scale and complexity than could have been done without the “organizing principal of money.” Though there are elements of competition, the monetary market economy allows for greater cooperation than earlier eras.
As time went by, specialization and trade increased. People who had earlier raised and grew their own food needed to trade their goods and services for their daily needs. “The circle of cooperation expanded,” as did productivity. Today, society has become more complex, specialized, and productive. However, there is a danger. If the system collapses, today’s citizens could not return to self sufficiency. Unemployment is a relative recent phenomena.
Before, a person could always return to growing his own food. Now we are more dependent on a smooth functioning of the money economy than ever before. The production of a simple cup of coffee is highly complex now. “In the end very nearly the entire world, in some way, [is] cooperatively involved in producing [a] cup of coffee.”
What is Money?
Because money provides for the complexity, productivity and size of our society, it is worth knowing what it really is. Modern money hardly exists. In small transactions we use paper bills and coins. The paper has no value, and today’s coins are mere tokens containing no precious metal. In larger transactions, bank checks are used, but still they are merely pieces of paper. Finally, the transactions on an institutional scale are completely electronic, bits of information on a computer. Money is information.
The System
Not a single person knows how that cup of coffee was produced. The complexity of the production is too great, and unplanned. This is why the Soviet system failed, and even the Soviets had to use money to organize their economy. There is no choice but a money economy. Either it works poorly or well.
Because money is information, people want it to be as stable and “uncorrupted as possible.” Scientists and engineers must work with stable measurements. It is no different with money. The monetary information is a measurement of value.
There have always been those who desire to change the value of money, because it helps one group at the expense of the whole community. Those who want the change move toward a controlling power to profit and share their profit with the controlling powers. In other words, government is the prime culprit. However, the government relies on the consent of the governed. Even in a totalitarian system, if the people as a whole do not cooperate, the government will fall.
The call for sound money is growing around the world, “not this stuff that wiggles and waggles unpredictably every second of every day, a never ending chaos that saps the vitality of all countries’
Obamas First 100 days–A Failure
Obamas First 100 days–A Failure
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Home Page > News and Society > Politics > Obamas First 100 days–A Failure
Obamas First 100 days–A Failure
Posted: May 02, 2009 |Comments: 0
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Obamas first 100 days, Democrats Celebrate and scream of the accomplishments this Administration has performed in such a short time. Obama takes to the air for an Hour long Press Conference remarking on the moves the Prez. has made. Once again, if nothing else, Obama has proven that He is indeed a Brilliant spokesman, and there are indeed multitudes of individuals who are willing to celebrate “Nothing”!.
Exactly what is it that this President has achieved in his first 100 days that sets Him aside from the rest? Surely anyone can see that the support and praise Obama is receiving is worthy of an individual (President) who has made a great impact on the Nation and the People. What impact, other than the ability to “Swoon” the people has He achieved. Set aside the laughable nominees that this President has chosen for various positions, nominees that came with certain “Problems” I.E.–Taxes. Set aside Obamas promise to “Eliminate” lobbyists having power to sway decisions in Washington-remember Lynn? Obama condemned excess spending by the Government “Pork”, yet pushed a Pork “All You Can Eat” Stimulus Package. The brilliant plan to bailout the auto industry (Take Control) has proven to be little more than a joke. Billions given to G.M–yet they are still are asking for more, laying off personel, and talks of Bankruptsy. The abuse of the Bailout Program and Stimulus Package can be read Daily, was there no control outlined in this–but then do they care. Obama is spending money at an alarming rate, and is not protecting the peoples investment with a little something called RULES–see A.I.G.!! It is to soon to state the impacts that the Presidents Economic Hope Package will have, as it has only been 100 days, but given the speed implemented, and what seems to be the lack of carefull planning–one can only believe that this President and His Administration will fail, and just as his speaches are on a Grand Scale–so will be his Failure!
Obamas plan for a united world–don’t kid yourself, there are those that hate us, and no amount of beautifull words, handshakes or hugs will change that. Obama has made himself a welcomed American President–How? He has given numerous Nations what they want–The Apology Tour. Yes folks–We are the problem in Mexicos mounting Drug Lord killings. You see–they would not be having such a problem with Illegal Drugs if the American People did not have such a “Thirst” for them, nor would they have such a violence problem between these honorable drug lords if we didn’t supply 90 percent of their guns to them–which I might add is “BULL”–Hillary and President Smiley need to do their research before spewing their bull–at the cost of the people. Given Obamas need to Put Down, Blame, and apologize for actions our nation Has not committed, leads me to believe that Obamas need to be the “Man of the World”, a true World Leader is more important to him than the people who put him in office. Obamas Foreign Policy?–He apologizes for the U.S., and shows Weakness–Obama will be “Seen Thru” by the American People, and other Nations over the course of a couple years–Failure.
Well, there are a couple of my thought’s. I would be interested in hearing why we have so much to celebrate this Political Messiah, and what has He done or placed into operation that will yield this “Hope and Change”
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A.J. Hunley -
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Joe Hunley has written several Articles voicing His opinions on the present Administration and their policies. He is the Author and Owner of Angry Conservative, and I’m Not Rush Limbaugh
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I strictly use my checking debt card for everything and i don’t have personal checks with my name and address on it. Can i find a 100 day loan
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Q&A: If McCain had won the Presidency, would Republicans still be complaining about “porkulous”?
Question by Griggnax: If McCain had won the Presidency, would Republicans still be complaining about “porkulous”?
There is no doubt that the depth of the economic crisis requires massive government intervention (spending).
Obama’s plan keeps getting slammed as “pork” because it spends money on projects, instead of just giving more money to the rich.
Would Repubs still complain, or would they call the spending “capitalism”?
Best answer:
Answer by Zach V
Uh, yeah.
Capitalism is an economic system concerned with the means of production being privately controlled. How that in anyway relates to the travesty we have going through Congress is beyond any logic.
Give your answer to this question below!
Silver & Gold as Money
Silver & Gold as Money
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Home Page > Finance > Currency Trading > Silver & Gold as Money
Silver & Gold as Money
Posted: Feb 09, 2011 |Comments: 0
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Since time begin, when Gold and Silver were first discovered and taken out of “mother earth”, they have been the legal tender in almost every country. That is until about 150 years ago when someone got the idea of replacing the Silver and gold coinage with paper money and certificates. It happened even earlier when some despot collected these metals from their people and gave them worthless paper money with the promise of paying them back.
At first the Gold and Silver was stashed in their respective palaces, castles or caves. But as time went on, more of these metals were mined and there wasn’t anymore room in the Inn to store them. So, they were minted into coins. One example was in Rome. At first the coins contained pure Silver and gold. but as time passed and inflation set in, the coins were minted with less and less of these metals. Finally toward the end of The Roman Empire, the coins that the Caesar minted had less than 5% Silver and Gold content.
The United States printed the first paper money during the “Revolutionary War”, but gave up afterward and went back to Gold and Silver coinage. About the time of the “Civil War”, paper money was printed again. Both the North and South printed paper money. It was much easier to carry and it didn’t jingle in the pocket. These “greenbacks” soon became known as Silver and Gold Certificates. Until 1933, our currency remained a paper currency redeemable in Gold or silver.
Then in 1933, President Roosevelt signed his Executive Order 6102 which forbade the owning of Gold. Gold had to be turned into the government and they received about an ounce. The U.S government then turned around and revalued Gold at an ounce. In a small way, this helped the government in the “Great Depression”?
Nothing was done about the “white” metal known as Silver. In fact the government kept minting Silver coinage until 1964. Then Silver too became too costly. Back then, some Silver coins were: The Roosevelt Dime 1946-1964, the Winged Liberty Head “Mercury” Dime 1916-1945, the Liberty Head “Barber” Dime 1892-1916, and an assortment of quarters, Half dollars and Silver dollars which contained about 90% Silver.
In 1965, maybe because of Vietnam, the various minted U.S. coins contained only 70% and then only 40%. President Nixon removed us from the Silver Standard completely. Now our coins contain not even a trace of silver and have very little intrinsic value. Some of the new coins are just nice to look at.
There are still some coins that have a lot of pure Gold and Silver in them and they are real currency. Visit the Numisnetwork site below and see for yourself. You might even start a business with these top graded coins from around the world.
One word of advice, stay away from all those fake coin offers on television and in the media. One for example, is a 14 Karat Gold plated replica of the “American Buffalo”. It contains a very small amout of gold with a value of about .50 and you can buy these pieces of junk for .95 plus S&H and tax. Get the real McCoy!
Email me for more information!
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Peter M. Olsen -
About the Author:
I am 72! I lived and worked in West Germany for 27 years. I have been involved in network marketing, off and on for about 15 years. I have a blog which relates a little of my life, my thoughts and opinions. There are a lot of photos too!
My blog: www.ANobodyIsSomebody.com
You too can buy, sell and save at: www.numisnetwork.com/petermolsen
This is network marketing in the purest form. The coins are MS(mint safe)70 graded and certified. This is the highest grade for numismatic coins. They are the ideal present for weddings, birthdays and many more occasions. They are the coins you want to collect and save for you kids and grandkids too! ”Coins are Cool!”
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What is the best way to put a few gold an silver coins aside in my IRA, and be kept safely offshore?
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