6139008-History-of-Money

"...it is clear that what Athens exported, and possible some other cities in Greece where such as Pasion had branches,was, after the 'Great' Peloponnesian war, privately created capital. (43) Perhaps an internationally functioning unit like theEuro-Dollar, originating from that form of ledger entry money known as the "swap" deposit.While doing the world's business, relative to the work it does, it bears little relationship to the workings of the originatingfinancial system. Such "swap" deposit money, although it will buy a loaf of bread or, at the other end of the scale, a ship,and therefore is money as much as any other kind of money, originates free of control of governments or central banks.Such Euro-currencies "can expand by the process of money creation without infusions from oil nations or paymentsdeficits."[[The above footnote barely explains the euro-currency market and is not an adequate or clear explanation. Note, alsoeuro-dollars and euro-currencies (may be denominated in yen, DM, etc.) are totally unrelated to the more recent EUcommon currency denoted "euro". An important topic.]]"Precious metal coinage was currency whose total circulation the state could in no way control because of the desirabilityof its material internationally. In the common money market of the silver bullion brokers it was material, which, whetherminted into money by state authority or otherwise, produced a money always of value regardless of local convention. Itsvalue was dictated by the arbitrary decision of that international fraternity who controlled its mining, and the slaves thatmined it, and out of manipulation of that pyramid of abstract money they created thereon, controlled the political affairsof states..."The money that had been established in Sparta was of value to Spartans alone.... The use of this national money was theforce that gave Sparta the leadership of Hellas until the end of the Peloponnesian War, even if decline had commencedwith the execution of the great General Pausanias""The Spartan, whether poor or whether rich (in land), in the days of the national currency had been the social equal ofany other Spartan; however, as much as anything , the slow decay of the Spartan principle derived from a mostoutstanding omission in the constitution which was total lack of provision for the redistribution of wealth at certain definiteintervals, and the cancellation of debt as in the Hebrew custom of the 49th year.""[[The]] disappearance of the precious metals from the circulation Eastward seems to have been a factor inspiring thevehemence of Cicero in his Oration: Pro Flaccus. The indignation of Cicero as recorded in this Oration may be traced tothe indifference of certain persons who lived close to the Aurelian steps, to the good of the Roman State wherein theylived and whose solidarity enabled them to arrange to have mobs intimidate the proceedings of the court which heard aperson, probably a member of the banking family known as the Lollii, attempt to smear the reputation of Lucius Flaccus,who, as Praetor of Syria, had issued edict forbidding this movement of precious metals Eastward for deposit at the Templein Jerusalem.""Thus the principles of the total hegemony of private money creative power were as clearly understood by its mastersyesterday, as much as they are today.""... just as in today 95% of all money in circulation, is cheques and assignments in transit, often written against creditsgranted by bankers where no actual funds previously existed, but however without which the drive and turmoil of thiscivilization could not have come to be, so it was in Rome and in Greece.""... it was not until the time of Cicero that evidence appears of private persons bringing bullion to the mints, significantlycoincidental with the general collapse of the ancient manners, and the essential forces that had guided Rome, as isdescribed by Sallust.”"Such matters of state finance seem to have been well understood during the middle commonwealth. However, as aresult of the second Punic war and Trasimeno and Cannae and the desperate need to rearm quickly that followed theseunfortunate battles, Rome clearly had been obliged to allow the whole currency system to become based on theinternational valuation of silver as common denominator of values. She also had been obliged to permit the reduction ofthe value of the aes coinage to the value of its weight as bronze bullion relative to the arbitrary value internationally ofsilverbullion."It follows that it was only after Rome had thus surrendered much of her sovereign prerogative in money matters to theinternational silver bullion brokers, reluctantly, as was shown by subsequent events, that growth of liberalism, andconsequent undermining of the morale of the people and their government, finally gave rise to the warlords known as theTriumvirate and the beginning of rule which might best be described as complete negation of that which had beengovernment by decree of the senate.""That which seems to be clear out of the fragments of information existing, is that there was no such thing as apermanent interest bearing state indebtedness until the period which may mark the beginning of the decline of imperialRome; the significance of which is that no Roman Government ever entirely lost control of that power so essential to themaintenance of its sovereignty, the power to directly inject the unit of exchange into circulation as according to its ownneeds.”The Hidden History Of Money & New World Order Usury Secrets Revealed at last! 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