6139008-History-of-Money

insurance, banking, and housing industries, serves as the vice-chairman of the Oversight and Investigationssubcommittee that oversees the work of the Federal Reserve, the Treasury, the SEC, and other financial servicesregulators said before the U.S. House of Representatives on Sept. 5th: "We own the printing press and create as manydollars as we please. These dollars are used to buy federal debt. This allows our debt to be monetized and the spendthriftCongress, of course, finds this a delightful convenience and never complains. As the dollars circulate through ourfractional reserve banking system, they expand many times over. With our excess dollars at home, our trading partnersare only too happy to accept these dollars in order to sell us their products. Because our dollar is relatively strongcompared to other currencies, we can buy foreign products at discounted prices. In other words, we get to create theWorld's reserve currency at no cost, spend it overseas, and receive manufactured goods in return…. All great republicsthroughout history cherished sound money. This meant that the monetary unit was a commodity of honest weight andpurity. When money was sound, civilizations were found to be more prosperous and freedom thrived. The less free asociety becomes, the greater the likelihood its money is being debased and the economic well-being of its citizensdiminished…. Yet here we are today with a purely fiat monetary system, managed almost exclusively by Alan Greenspan.The Founders were well aware of the biblical admonitions against dishonest weights and measures, debased silver, andwatered-down wine. The issue of sound money throughout history has been as much a moral issue as an economic orpolitical issue."Norman Mailer, 2001: "The right wing benefited so much from September 11 that, if I were still a conspiratorialist, Iwould believe they'd done it."More on Fiat Money Fraud and the Mechanics of MoneyIt often helps us to understand something if we examine its origins. Throughout recorded history the practice of usury(Latin usus meaning "used" and the word usuria which means demanding in return for a loan a greateramount than was borrowed), along with the practice of giving false measure, has been condemned. Aristotle and Platoin ancient Greece denounced it as well as prophets in the Old Testament and early Christians. Yeshua-Joshua (actualname is Yeshua or Esa or in Gaelic Isa Mac Mariam Esa son of Mary, and should really be translated as Joshua and not asJesus which may have come from the Greco-Roman Ja-Zeus or Sun-God), it should be remembered, drove usurers out ofthe Temple in Jerusalem and this played a part in bringing about his apparent crucifixion by the Roman Pharisee KingPailatoos (Pilates). Buddhists have condemned usury and the Quran does so as well (and probably many other religiousand non-religious books). The very old usurers lent their own real money, and this has grown into the modern ones, theIlluminati Bankers, who lend money created from nothing at interest, i.e. FIAT money as explained before.THE VALUE OF FIAT MONEY DEPENDS on the confidence of those who use it and on the confidence of those whoaccept it as one means by which they exchange goods and services. Today, money is a commodity substitute with nointrinsic value. This type of money is actually stock whose value keeps decreasing due to dilution and corrupt issues. Thedollar now is only a share counter with no fixed commodity value. It is created from nothing by the Illuminati BankingDynasties and they charge the taxpayers interest on something they create from nothing! Mega-highway robbery asexplained in the previous sections. Historically, value has been vested in certain objects and these have taken manyforms: cattle (source of the word "capital"), iron, gold, silver, diamonds, shells, and numerous other things. These formsof “money” had intrinsic value and were readily accepted in exchange of goods and services. In fact, the goods andservices are the real money! Other forms of money such as merely paper notes or computer entries in a data bank haveno intrinsic value unless these notes or entries are backed by assets such as gold or silver that are owned by the issuer; ifthere is no owned actual asset behind it, this form of money is called “fiat” money. If it is backed by real assets, it iscalled “real” money. Whether a tangible object or a computer entry, money is based on a social agreement or legislationto recognize value. This allows the computer entry or the object to be accepted in exchange for commodities or productsor goods and services or for the settling of debts. Today, the average person uses a mixture of traditional as well asnewer forms of money — public and private currencies such as coins and paper notes, cheques, and debit cards — andseveral means of storing money such as accounts, savings bonds, and certificates of investment. These various forms ofmoney, and the institutions and markets that help people borrow, save, and invest, are part of the World's financialsystem.Money was meant to play three principal roles our lives:• Means of exchange — Without money, we would have to exchange goods and services directly — what is knownas barter. Money simplifies these exchanges and acts as an intermediary in transactions. Today, it is an I OWE Urather than a commodity such as gold or silver.• Unit of measurement — As a unit of measurement, money allows us to compare the value of goods and services.It is both the standard for pricing goods and services and the means of buying and selling them. Money alsoallows us to compare costs, income, and profit across time. As such, money is the foundation of the accountingsystem that allows us to plan and make economic decisions. However, it is constantly losing its value andtherefore is a moving target.• Means of storing purchasing power for future use — As a reserve, money allows us to accumulate savings overtime and to lend those savings to someone else. It makes it much simpler for us to make contracts — promisingto do something now for payment in the future. However, its constantly losing its value and therefore is a movingtarget.As recently as the 1930s, many countries did not have a central bank. Each bank would issue its own notes or money.When a central bank is established in a country, it usually becomes the only authority for issuing bank notes, whether it isThe Hidden History Of Money & New World Order Usury Secrets Revealed at last! Page 135