A simple SOLUTION on how to quickly solve the world's deteriorating money-financial 'crisis'- that anyone can relate to.

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A simple SOLUTION on how to quickly solve the world's deteriorating money-financial 'crisis'- that anyone can relate to.

Posted By: Bob [Send E-Mail]
Date: Thursday, 21-Mar-2013 06:01:07

We (and society in general), are totally dependent on BANK (ing) CREDIT for our supply of MONEY. That has to STOP! When BANKS decide to STOP loaning money, then there simply is, NO money; e.g. ‘The Great Depression’ of the 1920-30s. Yet, BANKS decide WHO gets the money, and who DOESN’T! And you and I, aren’t in that privileged ‘extended family’ (of this 'elite class' also known as 'the central banks/bankers). Who DOES get (the) money! “Here's a staggering thought. We are completely dependent on the Commercial banks, If the banks ‘create’ enough ‘synthetic’ money, we are prosperous: If not, we starve. We are absolutely without a ‘permanent’ money system. When one grasps the complete picture of this tragic absurdity of our seemingly 'hopeless' situation, it’s almost incredible, but it’s true.” “One thing to realize about our ‘fractional reserve’ banking system is that, like the child’s game of musical chairs, As long as the music plays (keeps circulating), there are no losers.” – Andrew Gause, Monetary Historian. Banks ONLY ‘create’ the amount of the PRINCIPLE. Where’s the INTEREST supposed to come from? (from our 'sweat and tears!) The SOLUTION!? “Anyone who believes that ‘exponential growth’ can go on ‘forever’ (indefinitely) in a ‘finite’ world, is either a madman or an economist.” – Kenneth Boulding, economist. There can be shortages of resources and skills, for sure -- but why should there ever be a ‘shortage’ of money? (They're only 'goddam' pieces of paper, after all!? :) 4 x Questions need answering, right away . . . Q1: Why do governments CHOOSE to borrow money from PRIVATE (ly owned) banks, at a given interest rate, when they could create all the ‘interest-free’ money it needs, all by itself? Q2: Why create money as (a) DEBT? Why not create money that ‘circulates’, permanently!? Q3: How can a money-system, dependent on perpetually accelerating growth . . be used to build a ‘sustainable’ economy? Q4: What specifically needs to be changed? (The SOLUTION!?) . . . . . . [We will NOT tolerate USURY in this ‘kingdom’!] All 4 'major' religions of the world once ‘outlawed’, USURY! (charging of ‘interest’ on money loaned out.] But, went the ‘theory’, lending money involves RISK – the key argument against usury. (Those with and/or in control of, money, (and in favor of usury) say, why WORK when MONEY can make MORE money!?) SUSTAINABLE Economy Starts with restricting ‘spending’ equivalent to our 'Solar Input'. E.g. No more plundering our natural resources, e.g. cutting no more trees in a year than that which grows or re-grows (naturally) in that year! Our existing ‘money system’ depends on ever-accelerating growth! Time to say NO to creating money as debt! “I have never yet had anyone who could, through logic and reasoning, justify the Federal Government ‘needing to’ borrow the use of its 'own' money . . . I believe the time will (has) come when people will demand that this be changed. (like right NOW!) I believe the time will come when they (i.e. anyone) will actually blame you and me, and everyone else connected with the Congress (Parliament) for sitting idly by and permitting such an idiotic system to continue.” – Wright Patman, Democratic Congressman 1928-1976. Chairman, Committee on Banking & Currency 1963-1975. Tinkering with IT, won’t work either, as we know. The SYSTEM must be replaced! Is a 'return to GOLD' the solution? Or SILVER being more abundant than gold? Those with NO gold or silver would have no money! Remember: Money is just an IDEA. In reality it can be whatever we make it. It’s only a . . . . . . symbol, commodity, receipt for commodity, bogus receipt, fiat (gov't cash), debt (bank credit) and/or debt (pledge). What about the old proven system of the past – (destroyed and undermined by the gold-smith-bankers) called: The Tally Stick System!? A tally (or tally stick) was an ancient memory aid device used to record and document numbers, quantities, or even messages. Tally sticks first appear as animal bones carved with notches, in the Upper Paleolithic; a notable example is the Ishango Bone. Historical reference is made by Pliny the Elder (AD 23–79) about the best wood to use for tallies, and by Marco Polo (1254–1324) who mentions the use of the tally in China. Tallies have been used for numerous purposes such as messaging and scheduling, and ============================================================= Especially in financial and legal transactions, to the point of being currency. - Wikipedia) ============================================================= SOLUTION A system based on Permanent “Interest-Free” Money. When Governments once again, spends its own-created money on infrastructure, roads, bridges, transport, hospitals, water and sewerage facilities, railways, harbors, etc., This money would NOT be created as DEBT, but as “VALUE” (whatever it was spent on). This would produce NO inflation. If there was (signs of inflation), then a Tax could be imposed = Inflation. Hence 'no loss in value' of money ( - the 'curse' of this system) would occur. Yes, 'buying power' would appear to decrease, but the same exact amount of tax money would be removed from ‘circulation’ at the same time, thus, maintaining our ‘buying power’. Thus reducing the money supply, and thus restore its value. BRILLIANT! Right now we have BOTH taxation AND inflation. This way, there would be no more Government, (or Federal), DEBT. ________________________________________________________________________ "The modern banking system manufactures (con-jures) money out of ‘nothing’. The process is perhaps the most astounding piece of ‘sleight-of-hand’ that was ever invented (conjured up). Banking, (not MAN), was ‘conceived’ in inequity, and ‘born’ in sin! Bankers own the world. Take it away from them, but leave them the power to create money, and with the ‘flick of the pen’ they will ‘create’ enough money, to buy it all back again. . . . . Take this great power away from them, and all great fortunes, like mine, will disappear, and ought to disappear, For then this would result in a better and healthier/happier world to live in. But, if we continue to be slaves of the banks and pay the cost of our own slavery, then lf the Consumers (people). By the adoption of these principles, the taxpayers will be saved/spared (unnecessary) and IMMENSE sums of interest (money). ============================================================= The privilege of creating and issuing money is not only the SUPREME prerogative ornational banks! This ‘freedom’ was finally lost in 1913, when President Woodrow Wilson signed into effect, ‘The Federal Reserve Act’, putting the international ‘banking cartel’ in charge of America’s money. In all your pre-university schooling, did you ever have a class on “Money Creation”? Or ever see anything about it on TV? Nobody has a clue, HOW money is created in our society. Do YOU? This system of DEBT was created just over 300 years ago, by the Bank of England, called: ‘Fractional Lending’ “All the perplexities, confusion, and distress in America (and in the world-at-large, now) arises, not from the defects of the Constitution or Confederation, not from want of honor or virtue, So much as from downright IGNORANCE of the nature of coin, credit and circulation (of money). – John Adams, Founding Father of the American Constitution. “(only) The government should create, issue, and circulate all the currency and credits needed to satisfy the ‘spending power’ of the Government and the ‘buying power’ of the Consumers (people). By the adoption of these principles, the taxpayers will be saved/spared (unnecessary) and IMMENSE sums of interest (money). ============================================================= The privilege of creating and issuing money is not only the SUPREME prerogative of government, ============================================================= But it is the government’s greatest creative opportunity.” – Abraham Lincoln. Until the control o the issue of currency and credit is returned/restored to government and recognized as its most conspicuous and sacred responsibility, All TALK of ‘sovereignty of Parliament' and of democracy is idle and futile . . . Once a nation parts with control of its credit, it matters not who makes the nation;s laws . . . USURY, (charging interest on money-lending), once in control will wreck any nation. – William Lyon Mackenzie King, former Prime Minister of Canada. End of story. ______________________________________ P.S. Source of this information came from: Paul Grignon; see: www.moneyasdebt.net ‘Money as Debt’ owes its origin to the work of many dedicated educators and advocates of monetary reform. It is intended as a general introduction to the conceptual basis of money. _________________________________________________________________ ‘MONEY as DEBT’ – (IS) DEAD – or will be, the ‘death of society’ as we know it! Bob