America's founding father, Thomas Jefferson, understood money. In fact, it was Thomas who created our first dollar (a unit defined in terms of silver, 325.25 grains of silver). Thomas recognized that money needed to be controlled by the citizens of America (not a centralized bank system). America, originally, had a money unit tied to some 'thing' until Nixon closed the gold window on August 15, 1971.
Today, we have a dollar which is tied to the inner 'consciousness' (mind) of a central banker. Our dollar is tied to 'nothing' and it gets created from 'nothing'. I call this a 'unit of consciousness'. Yes, our dollar is now a 'unit of consciousness' (tied to nothing but the mind of a central banker in Washington D.C.). Money units (now mere 'numbers') get created by central bankers as they PUNCH a computer key.
What a change from yesteryear. Money is suppose to be a 'thing' which derives it value from nature (like silver/gold/copper/similar). But our criminal banking system has allowed the 'dollar' to become 'nothing'. Currency units (dollars) are now created in the trillions as central bankers choose these 'numbers'. A mental choice results in punching computer keys to increase/decrease the banker's central ACCOUNT. Is this counterfeiting or what?
As a student of monetary history I call today's money system CRIMINAL. It leads to wealth for the few and bankruptcy for the many. The 1% rule over our nation with money that gets distributed by a corrupt/criminal centralized system. Our government has accumulated over $31.5 trillion of unpayable debt. Deficits are now in the trillions. America's total debt is now nearly $93 trillion. Can any of the debt be repaid? Absolutely not!
America is technically BANKRUPT and yet the Ponzi game continues since the dollar is the RESERVE CURRENCY for the planet. America gets to spend and spend with no accountability to the global system. We create $$$$$$$$ out of nothing and increase DEBT to exponential levels. It's a money game which no other NATION is allowed to run. ONLY America! America wants their counterparties to pay their debts but America gets off the hook with no repayment. You can see the numbers here:
www.usdebtclock.org
I have written about the criminal system for over 20 years. It now seems like our centralized authorities will create a 'digital' (virtual) money system which is totally inner (within our consciousness). A dollar (or any other virtual currency) is really a UNIT which lives within our inner self (our consciousness). It is not a 'thing' which exists outside of the human mind. This is a criminal money system at the CORE.
What we have today is a system where centralized elites (operating behind closed doors) can funnel money units to whoever they please. The RICH (get richer) and the rest get controlled by the system. It's totally diabolical and criminal. Thomas Jefferson was right. The 'issuing authority' should be the people (meaning that money should be a 'thing' which exists).
Thomas Jefferson created our FIRST mint in Philadelphia so that money units could be created by the people. Mining of silver and gold produced coins which were then defined precisely by weight. A 'dollar' was precisely 325.25 grains of pure silver. All other denominations were also defined precisely. People could count on the money units as they negotiated 'value' transactions in the marketplace.
Today, everything is subjective and distorted. Computer manipulations occur daily as hidden computers manipulate our markets in real-time. Control is centralized and the core computers are HIDDEN behind closed doors at a central bank facility. America's dollar ($$$$$) now a mere symbol (number) gets created and distributed by this centralized authority. Wealth goes to the 1% and the 99% get enslaved.
It's all a diabolic PONZI system which needs to be ABOLISHED. Thomas Jefferson would do such if he were living today. His money system is now a HUGE Ponzi Game which he would abolish with the stroke of a governmental pen. Biden could start this process if he understood the history. Unfortunately, Biden and his administration do not want to bring JUSTICE to America (at least this is my perspective). Think for yourself as you WATCH this corrupt system continue (until it ends)!
I am: Donald B. Swenson, Economist/Philosopher, donaldswenson.blogspot.com.
http://kingdomecon.wordpress.com
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