What's missing in the economics discussion
Today we're sitting on the verge of either an economic catastrophe or upheaval. The important thing for most everyone to realize is this problem probably isn't their fault. However incongrous the logic might seem the international bankers that have taken over most monetary policy around the world make more money when other people lose theirs then when the world is productive. George Soros recently made the comment he is "having a great crisis", and Rahm Emmanuel also commented "never let a good crisis go to waste". What has happened over the past few centuries is the governments in collusion with the banks play funny with our money.
The banking system is fractional (and fraudulent). The banks are only required to have 1/10th of the money deposited available. What happens if everyone withdraws their money at once? Then the FDIC steps in and hopefully can paper over the problem without the worldwide community totally destroying the viability of the dollar. With all the wars, bailouts and economic malfeasance it's suprising the G20 took so long to make an announcement they will have a worldwide currency ( translates to no more dollar supremacy ).
Why do we have such a system? The system really ramped up during the colonial period when Kings couldn't finance expeditions into the new world with their store of gold alone. Con men parading as economists came up with the funny money banking system that we endure today. America was mostly clean of this parasitical game until the Federal Reserve System came into existence. Since that time the value of our dollar has dropped nearly 96%, more people are in debt, and we face another engineered crisis.
The two countering arguments to get us out of the current crisis is either give more power to the con men who are currently profiting off the crisis or end the fiat money system and go back to sound money. The con men are relying on most everyone's ignorance of the Federal Reserve System and the International Monetary Fund. Both of these official sounding organizations, the former national and the latter international, merely perpetuate the boom-bust cycle that mostly profit the ones controlling those systems. As Mayer Rothschild (1744-1820), one of the most influential architects in today's economy, said "Give me control of a nations money supply, and I care not who makes it’s laws". Today most of the money and assets are controlled by international conglomerates and secret alliances.
The sound money advocates are working to reveal the bonds between the globalists who dominate economics today with the hope when their fraudulent and incriminating actions are revealed a popular uprising will institute lasting changes in our monetary policy. What may have slipped their notice is the people profiting from this system have become accustomed to leeching off the population. They wield the armed forces of the world and employ the serfdom found in 3rd world and communist countries. In short believing the governments of the world will implement any measure produced from sound money advocates will be difficult in the extreme.
There is a third argument that is not thoroughly discussed by either sound money advocates or the con men. It is the individual and local option. It is the same option Gahndi employed when he lived as the lowest caste, it's the same option Martin Luther King took when he led marches for Civil Rights and it's the same option the first American Revolutionaries employed when they defied the King's tax orders. The great thing about this third option is implementing it is nowhere near any of the hardships led by rights pioneers.
Our economic rights can be taken back by Main street using sound money or local currency rather then the fiat money issued by governments. States can maintain their own banks and store or bring in their revenue as commodity based currency. Local silver and gold bartering businesses could emerge to trade more fiat currency out of the system. When the local and individual option is available to everyone it will be possible for everyone to maintain a sound economy.
breaking news: President World bank agrees with Ron Paul
http://blogs.wsj.com/economics/2009/09/27/world-bank-chief-t...
WE ARE GOING TO WIN!
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My adult son and I were discussing the economic
situation, and he said something that I have been thinking about, and I would love to hear the DP opinion. (I know it will be as varied as there are as many on DP) He said, "Mom, it won't be as Zimbabwe or Weimar, Germany because this is America, where people have lived with a certain amount of freedom, and those places were not used to living free. So, when hyperinflation hits, the freedom loving Americans will find another currency, or barter, because they are Americans, not like people in Zimbabwe, where they were oppressed and downtrodden."
So, Dpers, what do you think?
I think your son is right
This is America, no matter how dumbed down they seem to make most of us we can still muster great townhall debates, a massive march on D.C., an audit of the fed. Churchill was right when he called america "a giant boiler, when a fire is lit there is no limit to the energy it can generate"
Back then they used america's energy for another world war we probably could have avoided, but today it seems many are going against big government.
It's going to be a struggle to make the Neocons stop hating Iran (thank god McCain didn't become president, and Russia & the rest of the world didn't fall for the Georgia false flag). But now the democrats are royally screwing up, it might be possible to educate them about the true economy.
I have no doubt it will get worse as long as the government finds "solutions". It will only get better if people get involved.
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Start getting freedom today by dumping Federal Reserve Notes, Stocks, Banks and anything made outside the USA. Buy precious metals, real estate, businesses, food and guns and get your business community to use local or sound currenc
Thanks, I needed some encouragement
I personally think that Ron Paul when he wrote his last book, Revolution, it was prophetic, although he didn't know it. He really did start a revolution, and it is still growing, and will continue to. I believe God chose such a man to do this. He is perfect for the job. And humble to boot.
Unfortunately...
we are not quite as free as we are lead to believe. I have traveled to many countries and although I certainly was not aware of all of there laws where I was traveling it was really apparent that we have many, many more laws than most places.
We have very much benefited from having the world's reserve currency, more so than most Americans realize as far as our standard of living goes anyway.
But, remember, there is relatively no money to be made by taxing and regulating impoverished people. Poor countries have way more freedom than we have ever dreamed of.
Yes, it is true that we have so many crazy laws
than other poorer countries. Imagine at the time of the original tea party with that tyrant King George, that a farmer had to get a permit to build an outhouse, or a wood shed? Of course they didn't. But now we have to. I, fortunately live in a rural area outside of a town, and we don't even have building permits, just zoning certificates (which means that you TELL the county that you are building such and such, and as long as it is allowed in your zoning section, ie, single family house, or outbuilding etc. and then build it.) I suppose the telling is just for them to know where you did it, so they can tax you. We recently had a new County Planner who used his office to bully and tell people what to do, and after three years of it, so many people rose up against him that the county fired him. We now have no county planner, and I suppose it will stay that way. I guess people are waking up. I hope so, anyway.
Yes, I agree
that the US is completely tyrannical when it comes to building codes. Even Israel, a major police state, smart growth prototype of the world has next to no building codes.
Also, Israel, being the least free place I visited had far more freedom than us on agriculture. Everyone produced food products and sold them freely even though they lived in small government granted population centers.
Russia seemed really free and there were certainly no building codes. Soviet era high-rise housing complexes had individual, cantilevered, balconies, porches, or clothes lines or whatever randomly peppered throughout in a multitude of porch styles and materials.
I also live in a very free County. I would not consider contacting them about any improvements.
Methinks it will be worse
When people realize they are not free, only perceived themselves free, and are starving in the streets because they can't fend for themselves, well it's going to get very ugly.
How is this barter system going to work? Let's take for example a tax attorney, what will he barter with, no one will be using his services. Or perhaps a store clerk, nobody going to the store and buying.
I think anyone thinking the bottom is going to fall out and we'll just start a barter economy is a bit of a pollyanna.
Miamisburg, Montgomery County, Ohio
Thanks for your answer too
I would like to ask you the same question as I asked impailed. Do you live in the city? Just wondering.
city boy
I'm a slicker. Right now I'm just preparing myself to care for my family, physically and psychologically.
Miamisburg, Montgomery County, Ohio
Do you suppose that it will be much different in the
city as compared to rural areas? The reason I ask this is because when I lived in the city for those few times, I noticed that people there tended to keep to themselves, and ignore people on the side of the road with a problem, which is opposite to what happens in rural areas. When someone is broken down in rural areas, usually the first car going by stops to help. People know their next door neighbors, and help if needed. When I broke my elbows, I had neighbors bringing meals. And now, with my husband out of work, we have hunters giving us meat. Barter is quite common in rural areas already, also. I think this is why people in the city have a more pessimistic view of what may happen. Of course, I suppose it WILL be worse in the city, so it probably is good to look at it that way. Also, I, personally would be at a loss as to what to do to survive in the city. (I am a middle age woman, who is unlikely to be violent, even in protecting myself , although to protect my kids would be different). But in a rural area would seem much easier to me, as I know how to garden, how to find all the wild foods, and prepare them, and how to shoot, gut and skin a deer, etc, and have some skills that country people might need to barter for. What do you think?
Non-legal activity rule will
Non-legal activity rule will take care of this.Welcome to today.Your politicians will be there for you..If you can't trust your neigbor , you can trust your gov't.,to get the job done..
Good people do Good deeds
Good people make it happen
Thanks for your answer.
I was just wondering. Do you live in the city, or in a rural area? I know that I personally have my own slant on things, and sometimes I think it is because I grew up in the country, and always lived in the country, except for a few miserable months here and there. (I never could cope in the city)
I'm country.But had business
I'm country.But had business in town..
Good people do Good deeds
Good people make it happen
The FED RES is supposed to
The FED RES is supposed to be seperate & autonomous from politics in the USA..Not part of the gov't ..Why then would not a legitimate self functioning autonomic entity, privately operated , not save the value of it's own notes that are no longer worth more than 8 cents on the dollar ..The only reasonable excuse can be that the FED RES is not operating seperatly from our gov't ..Instead it works in collusion to effect destinys of programs & whimms of the Treasury & Congressional appropriations ..
The FED RES does not fiunction as they say they do.. They infact show no control over their investment ,which is the US Treasury balance sheet..As creditor for the USA it has eliminated the check & balance that any Good Banker practices would surely impose on a debtor..At the loss of their own trustworthyness they have colluded within; to ruin not only themselves but also the gov't of these United States...Either they are the most irresponsible boobs that ever ran a Bank or they are allowing, an on purpose, implosion to persue another interest .( IF ) they have another interest at heart, than it would behove the people of said gov't to get rid of both, the Commander in charge of the US Treasury Dept. & the FED RES, itself, which IF they have colluded together to accept the path to self destruction is a trecherous act.
Good people do Good deeds
Good people make it happen
Or a fourth element
The illegal drug trade
WE ARE GOING TO WIN!
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that's part of the individual option;
too bad it's illegal.
Ok, I was going to go there
I agree it was a third option but then it occured to me I was implicating all mom and pop shops as connected to illegal drugs, which may be true, but I wimped out. As the third option, it explains much.
WE ARE GOING TO WIN!
___.---.___
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) /)' '( )
',_( ';-;'\_,'
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obvious but....
The truth.....
Is life so dear or peace so sweet as to be purchased at the price of chains and slavery? Forbid it, Almighty God. I know not what course others may take, but as for me, give me liberty or give me death.”
– Patrick Henry, speech to the Virginia Convention
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