6139008-History-of-Money

egard as wealth, as opposed to the real wealth of an organized state whose money was the benevolent law of the ruler inrelation to surpluses, and directed towards the good and continuing life of the people and no more.. .""The evil about money derives in consequence from lack of understanding of its true nature, and particularly from theconfusing of money and treasure. It is the persistent failure of mankind to realize that money is but the result ofagreement being arrived at amongst a sovereign people through their ruler, to provide themselves with a system ofnumbers by which their exchanges might be facilitated, and so help them to live a better life...""During the first Millennium B.C., the ratio of silver to gold never went below 10:1, being usually 13:1 in Europe and theso-called Middle East. In farther Bactria, India and China, it was rarely more than 6:1 and in some parts as low as 1:1.Therefore, once precious metal coinage was spent, particularly silver coinage, and passed into the hands of merchants,contractors, etc., finally returning to the bankers or money changers, with that field for assured profit by settlement oforiental trade balances with coined silver or silver bullion such as clearly existed, as according to Gresham's law, its localcirculating volume [[VR: and velocity]] might be assumed to decrease rapidly, and without a doubt did so decrease.""... the agents of that money power centered in Mesopotamia, heir to the secrets, not only of the Sumerian priesthood,but of the priesthood of much more ancient times, selling as they went along the idea of the use of precious metalmoney.""...undoubtedly [[Alexander]] appreciated the capacity of the Jews to absorb foreign culture, while rigidly maintainingtheir national identity thus making them an ideal vehicle for his civilizing enterprise.""'The origin of buying and selling began with exchange . Anciently money was unknown and there existed no terms bywhich merchandise could be precisely valued but everyone according to the times and circumstances, exchanged thingsuseless to him against things which were useful; for it commonly happens that one is in need of what another has inexcess. But as it seldom coincided in time that what one possessed, the other one wanted, or conversely, a device waschosen whose legal and permanent value remedied by its homogeneity the difficulties of barter. This device beingofficially promulgated, circulated, and maintained its purchasing power, not so much from its substance as from itsquantity. Since that time only one consideration in an exchange was called merchandise, the other was called price.'""Whether those devices such as governed the exchanges of early Rome and Etruria were clay or leather or wood does notreally matter. As such they were true money being intrinsically valueless, and only of value because of that law whichordered their acceptance in the exchanges and that they be of value as according to their scarcity or otherwise relative tothe goods and services for sale ... What would above all matter would be the ease with which they could be counterfeited,no doubt the source of their ultimate failure, and whether they were loaned into circulation by private persons against socalledcollateral, or paid into circulation as against government expenses, as were the Aes Grave at a later date.""... the opinions of all the philosophers-scholars of antiquity, at least, those of whom record exists. Almost all of themwrote of numerical or fiduciary systems of money as being the only natural systems." [[which will seem inconsistent withthe next quote, but is true as "natural" here approximates most closely the proper use of money power]]"Numisma (Money) by itself is a mere device which has value only by law (Nomos) ... By virtue of voluntary convention,Nomisma has become the media of exchange. We call it Nomisma because its efficacy is due, not to nature but to Nomos(Law) and because it is always in our power to control it.""Thus despite at least four hundred years of control of trade by the masters of precious metal bullion, the scholars stillclearly understood the actuality of money and that it was an evincement of the law. They still understood it was but somany numbers injected into a circulation amongst the people relating value to value, and not in any way influenced by thematerial on which these numbers as laws were recorded.""History has proven over and over again that a precious metal coinage will move one way or another to where it mightrealize the most profit either as coin or bullion."" Those states previously mentioned, understanding therefore the evils of private emission of precious metal money, andthat precious metal money must always be private money emission, except the state owns the mines, and takesabsolutely total precaution to prevent the export of its metal except by its own decision as against its own needs, clearly,when all other states and princes were succumbing to the world drive of the international bankers, rejected banking assuch, and the bullion brokers its founders. It was not until the 4th Century B.C. that they finally gave in,""... right from the start it is safe to say that silver functioned as a balancing factor in oral and written agreements ofmerchandise exchange in Greece, actually functioning as a circulating medium itself only after King Pheidon of Argos ."" Once the power of monetary emission is yielded by a ruler or state to private or external interests, it is rare that it canbe recovered except as the result of all consuming cataclysm . Immense monopolies and vastly unequal money fortunesare neither gained nor saved by lawful labour or trade . Of necessity they are the natural outcome of the exercise of thepower to discriminate, the power to reject or prefer that follows as inevitable consequence, when, in any state, privatepersons are permitted to create and issue the unit of exchange, whether tangible or abstract ; and by whatever device oflaw such as may be needed to create appearance of legality."The Hidden History Of Money & New World Order Usury Secrets Revealed at last! Page 205