6139008-History-of-Money

commodity of honest weight and purity. When money was sound, civilizations were found to be more prosperous andfreedom thrived. The less free a society becomes, the greater the likelihood its money is being debased and theeconomic well-being of its citizens diminished unless it was temporarily boosted by empire building and exploitation ofweaker nations. The Founding Fathers were well aware of the Biblical admonitions against dishonest weights andmeasures, debased silver, and watered-down wine (these admonitions can also be found in the Quran and some otherreligious and non-religious books). The issue of sound money throughout history has been as much a moral issue as aneconomic and political issue. Since the monetary unit measures every economic transaction, from wages to prices, taxes,and interest rates, it is vitally important that its value is honestly established without Illuminati Bankers, government,politicians, or the privately owned central banks manipulating its value to serve special interests.President James Madison: "History records that the money changers have used every form of abuse, intrigue, deceit,and violent means possible to maintain their control over governments by controlling money and its issuance."Money, money, money, it's always just been there, right? Wrong. Obviously it's issued by the government to make iteasy for us to exchange things. Wrong again!Truth is most people don't realise that the issuing of money is essentially a private business, and that the privilege ofissuing money has been a major bone of contention throughout history. Wars have been fought and depressions havebeen caused in the battle over who issues the money; however the majority of us are not aware of this, and this is largelydue to the fact that the winning side became and increasingly continues to be a vital and respected member of our globalsociety, having an influence over large aspects of our lives including our education, our media and our governments.While we might feel powerless in trying to stop the manipulation of money for private profit at our expense, it is easy toforget that we collectively give money its value. We have been taught to believe printed pieces of paper have specialvalue, and because we know others believe this too, we are willing to work all our lives to get what we are convincedothers will want. An honest look at history will show us how our innocent trust has been misused and the power to createmoney has been usurped from the people. Remember that “money” is a commodity substitute that facilitates and speedsup the exchange of goods and services. Consider the American Indians using Wampum, West Africans trading indecorative metallic objects called Manillas and the Fijians economy based on whales teeth, some of which are still legaltender; add to that shells, amber, ivory, decorative feathers, cattle including oxen & pigs, a large number of stonesincluding jade and quartz which have all been used for trade across the World, and we get a taste of the variety ofaccepted currency. There is something charming and dreamlike, imagining primitive societies, our ancestors, using allthese colourful forms of money. As long as everyone concerned can agree on a value, this is a sensible thing for acommunity to do. After all, the person who has what you need might not need what you have to trade. Also, physicalmoney made of gold or silver gets heavy and presents a logistics problem. Paper Money with real gold or silver backingsolves these problems neatly. Real value with each exchange, and everyone gaining from the convenience. The idea isreally intuitively inspired which might explain why so many diverse minds came up with it.The US Dollar and World EnslavementEdited and extracted from an article by Janet Bush in The New Statesman, Monday 4th October 2004. America's huge,fiat-dollar-based all-conquering economy is genuinely vulnerable and its fragility coincides with an expanding andexpensive military exposure around the World. The US has bought the World’s production and resources with a supply offiat-dollars, i.e. a promise to pay or debt because all US dollars in cash on in bank accounts represent a debt. Althoughthis debt is against the privately owned Federal Reserve, it is not redeemable from the FED (the outlook is always rosy forthe owners of the FED), i.e. it is only redeemable by acquiring US products and services. As long as the holders of thesefiat-dollars keep accepting them, the US gets away with buying for nothing. When these international holders of fiatdollarsdecide to spend them to acquire US goods and services, a massive inflation will occur as the US will finally have todeliver on its promises to pay. The holders of these fiat-dollars will receive a lot less value than they expect, if any. TheUS can always change its mind about the foreign US dollar holdings and this has already been discussed in somegovernment circles. To survive with a high standard of living, the US will have to conquer its lenders (before they disposeof their dollars or switch to the Euro) just like the Roman Empire did, thus avoiding repayment of its debt. US bestsellerlists are stuffed with books agonizing about whether the American empire is finally coming to a close; uncanny parallelsare drawn between the military and financial overstretch of imperial Rome and imperial Washington. George W Bush'spre-emptive doctrine in foreign policy is enormously costly; on top of billions of dollars' worth of tax cuts, largely for therich, it is prohibitive. It is predicted that the federal budget deficit will reach $2.4 trillion over the next ten years. Tofinance that deficit, the US needs to persuade investors - more often than not from overseas - to lend it up to $4bn netevery day.Even without America's apparently infinite capacity for foreign military adventurism (how much would tackling Iran orNorth Korea cost?), its fiscal outlook seems dire. Two experts on the US budget position, Niall Ferguson and LaurenceKotlikoff, estimate that the country faces a $45 trillion gap between the money it has and the money it needs to financeexisting social security, Medicare and pensions commitments ahead. It is not just the federal government that is introuble. When adjusted for inflation, the wage for the average American male working full-time has fallen over the past 30years; and, because of that, five times as many mothers - even those with young children - must now work to make adecent living wage. Not since the Depression have Americans saved so little and, at the same time as running down theirrainy-day money, been so neck-deep in debt. By 2003, total debt had soared to $37 trillion; that's $128,560 for everyman, woman and child in the country. Some of that debt has been racked up on mass retail therapy (Americans love toThe Hidden History Of Money & New World Order Usury Secrets Revealed at last! Page 191