We Live Under Such Well-Crafted Illusions....

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We live under such well-crafted illusions; the biggest is perhaps the one that is known as the “Dollar”. The hard-core illusion about the “Dollar” really began in earnest in 1933, when, in the depth of economic depression, FDR “revalued” gold. He artificially raised the price of gold from $20.67 to $35.00 per ounce, of course gold wasn’t his real focus with such revaluation, it was the “Dollar” and its connection to gold that was the focus of this scheme created to form a national peonage. In effect, FDR devalued the purchasing power of the “Dollar” by increasing the value of gold as it was associated with the “Dollar”.

In reality, FDR didn’t actually “raise” the price of gold; he lowered the value of the “dollar” by a whopping total of 41%. The price of gold had been increased, not by market forces, but by executive mandate, thus forcing the purchasing power of the “Dollar” down. At the time, money was gold and gold was money, but this was the first real break between real money and the U.S. Dollar. Of course, the gold in this country had been confiscated [in a breach of trust and violation of contract] by the same type of executive order given by FDR, all in an effort to implement an eventual break between real money and government decreed legal tender fiat money.

By this one action, the Treasury was instructed to pay $14.33 more “Dollars” for the same ounce of gold that just the day before was valued at $20.67 per ounce. Remember, in this country the “Dollar” was not money, it was redeemable for money, but it was not considered money. Gold was money and money was gold that was the essence of our monetary system.

The reality behind this criminal action by FDR was that the people of this country were led to believe that FDR just increased the price of gold, but in fact, in reality, he had, with a stroke of a pen, drastically lowered the purchase value of the “Dollar”. Not only had he [the government] confiscated the people’s gold, but on top of it he also stole 41% of their purchasing power by devaluing the “Dollar”. He did a lot more than that, but that’s for another commentary.

The whole idea behind this action [I am sure if we pulled the curtain back far enough we would see the whole idea behind the Great Depression] was to depreciate the purchase value of the “Paper Dollar”, as it criminalized the ownership of real money [Gold] thus enforcing the use of a greatly devalued monetary unit called the “Dollar”.

It should be obvious that it is impossible to “cheapen” the value of gold, so FDR, the government and the bankers, had to “cheapen” the “Dollar”. In effect, if someone went to the grocery store the next day after this happened, they would be pulling out the same “Dollars”, but even though they would see a hundred dollar bill in their hands, they would only be valued at 59% of what it was the day before.

Perhaps the most interesting thing is really what took place in the economy the next day, nothing happened, everything looked and worked the same as it had the day before even though the “Dollar” had been drastically debased. The problem, of course, was that this massive devaluation of the “Dollar” did not immediately show up in the economy, so when everyone when out to buy something the next day after the devaluation they bought goods and services that had the same pricing structure prior to the debasement of the currency.

They were using money that had been devalued by 41%, but at that point the prices of goods and services didn’t reflect the devaluation. So, in essence, a buyer of goods and services would get, let’s say $100 worth of goods, but the seller of those goods would receive only 59% purchase value and it was only until the seller of those goods and services used that devalued money that the chain of events would begin to take place as the debased value of those “Dollars” would begin to bid against the price of goods and services in the economy.

So, all those producers, manufacturers, salespeople, companies would be forced to accept 59 cents on the “Dollar” in exchange for every 100 cents worth of goods and services. No one even seemed to be aware that they had been effectively robbed, guess what, very few people today seem to be aware that they are being robbed each and every pay day.

All the Americans who were working hard for their “money” were, in reality, working for a 41% discount the day after FDR’s devaluation of the “Dollar”, today of course, few people recognize that Americans are basically working for over a 95% discounted rate per hour then they were prior to the crimes of FDR. To everyone it seemed like they were working for the same amount of money they had always worked for, the one dollar bills looked the same, the five dollar bills looked the same, the twenty dollar bills looked the same, the fifty dollar bills looked the same, the hundred dollar bills looked the same, they sill look the same, but they are not the same.

It seems that it is just as easy today as it was when FDR committed the crime, people still look at their money and they still see the various denominations not realizing the fact that they are working at a drastically discounted rate per hour and are paying far more in the price of goods and services. How absolutely gullible the People have been and still are in this country.

The reality is that this country has been transformed into a feudal peonage, where the people are productive workers for The State, laboring for pennies on the “Dollar” while they remain content under the illusion that they are making “more money”, never seeming to understand that they are just working for more monetary face values, but far less money purchase value. We are a discounted work force, productive worker bees in the hive of The State [a government/corporate entity].

The government, the very entity that was created to protect this People has, instead, enslaved this People under a stealthy systematic creation of a massive serfdom. It’s all pretence, all a scam that robs us and subjugates us under the wonderful guise of its protective wings. It has taken on the image of the “great problem solver” seeking to solve the ever-increasing list of problems, the very problems that it has created in the first place. It has enriched itself and its favorite cronies at the expense of the People, it is guilty and deserves to be dismantled, scrapped clean of its rancid fat, its bloated muscle, and scrapped down to bone and tendon.

rEVOLution2REVOLUTION !!!

In Liberty and Eternal Vigilance,
Republicae-Seditionist

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rEVOLution2REVOLUTION

rEVOLution2REVOLUTION !!!

“Men do not willingly read unpalatable truths of themselves. The people like those best who fool them most by pandering to their vices and flattering their foibles”—Admiral Raphael Semmes.

http://militantjeffersonian.com

"Men do not willingly read unpalatable truths of themselves. The People like those best who fool them most, by pandering to their vices and flattering their foibles" Raphael Semmes

It goes back a bit before 1933...

Nothing new under the sun...stop me if you've heard this one before.

Quoting from The History of Money by Jack Weatherford, pp. 52-53:

Faced with climbing government expenses, [Roman] emperors searched for new revenue and new ways to make the existing revenue stretch further. Nero began to tamper with the coinage itself. In A.D. 64, in a naive attempt to deceive the populace, Nero decreased the silver content in the coins and made both the silver and gold coins slightly smaller. By collecting the existing coins, and reminting them with his portrait bust but using less silver, Nero produced a monetary surplus of gold and silver. The same pound of silver that had formerly produced 84 denarii now produced 96, giving Nero almost a 15 percent "profit." He similarly increased from 40 to 45 the number of golden aurei manufactured from a pound of gold, thus rendering the coins about 11 percent less golden.

When pressed for yet more money, subsequent emperors followed Nero's strategy and continued the debasement of the nation's money supply. By using the available supply of silver and gold to produce more coins, the emperor had more coins to spend without raising taxes. Increasing the number of coins, however, did not actually increase the amount of money.

During his reign, Nero had reduced the silver content of the denarius to 90 percent; by the time of Marcus Aurelius, the denarius had only 75 percent silver, and by the end of the second century, Commodus had reduced the content to only 67 percent. Then, when Emperor Lucius Septimius Severus raised the solders' pay, he was forced to reduce the silver content of the denarius to less than 50 percent. Caracalla introduced an entirely new coin called the antoninianus, or double denarius, which contained even less silver but had a face value worth two of the old denarii. By the reign of Gallienus, from 260 to 268, the antoninianus contained less than 5 percent silver. Thus over the course of two hundred years, the silver content was cut from nearly 100 percent to virtually nothing. The amount of silver previously used to mint a single denarius eventually produced 150 denarii, and as the silver content decreased, the price of goods increased in direct proportion. What had sold for one-half a denarius in the second century increased to 100 denarii a century later, a 200-fold increase.

Here's The History of Money on its Amazon page -- 11 fiat dollars and sixteen cents to buy.

FanofWalt...have you ever

FanofWalt...have you ever done a study of the Colonies and their experiment of fiat currency? It is an amazing study in what not to do with fiat money.

http://militantjeffersonian.com

"Men do not willingly read unpalatable truths of themselves. The People like those best who fool them most, by pandering to their vices and flattering their foibles" Raphael Semmes

Of course it does, it goes

Of course it does, it goes back to at least 20 B.C. and the Roman Fiat Fiasco, but for the space I had I thought it best to restrict my commentary, ya know? Sometimes I get bashed for my long verbose articles on the DP, so I try to keep them within the realm people's attention span.

http://militantjeffersonian.com

"Men do not willingly read unpalatable truths of themselves. The People like those best who fool them most, by pandering to their vices and flattering their foibles" Raphael Semmes

Huh? What?

Sorry; I saw something shiny. What were you saying?

/ Being verbose so you don't have to! ;)

LOL

that was just to funny

That was actually pretty

That was actually pretty funny....reminded me of a tee-shirt I saw about ADHD...."ah, look a bunny rabbit....you were saying?"

“Men do not willingly read unpalatable truths of themselves. The people like those best who fool them most by pandering to their vices and flattering their foibles”—Admiral Raphael Semmes.

http://militantjeffersonian.com

"Men do not willingly read unpalatable truths of themselves. The People like those best who fool them most, by pandering to their vices and flattering their foibles" Raphael Semmes

It's hard I know, with all

It's hard I know, with all the shiny headlines that appear here, its difficult to distinguish between the trivial and that which is less trivial...

http://militantjeffersonian.com

"Men do not willingly read unpalatable truths of themselves. The People like those best who fool them most, by pandering to their vices and flattering their foibles" Raphael Semmes

Great. Article

Great. Thanks
Thank you Dr. Paul for making my act on what I already knew was right.

*May the only ones to touch your junk, be the ones you want to touch your junk.*

Thanks...I appreciate it.

Thanks...I appreciate it.

http://militantjeffersonian.com

"Men do not willingly read unpalatable truths of themselves. The People like those best who fool them most, by pandering to their vices and flattering their foibles" Raphael Semmes

Just keep writing

Republicae,
You are one of the writers I look forward to reading - of all the writers in the world. I want you to just sit down and write for hours. I've gathered a lot of your other works (pages of it).

Do you do history? I'd be interested on your take of lots of things. What about history from an economic viewpoint (go into detail of specific times, even olden times).

Anyway, beggars can't be choosers, but we can still beg!

Great work. I'd like to know a bit about you to. What you're interests are? Just economics? Do you like art? the outdoors?

Thanks again for the writing,
from a fan
Matt

Well Thanks Red Dingo, I

Well Thanks Red Dingo, I appreciate the compliment greatly. I do write on history, you can read my writings on the NolanChart or on my blog which can be found at:

http://1776solution.blogspot.com

I rarely give out much information about myself, in particular I try to keep my identity private, especially these days. However, I have varied interests; I am, of course, an avid reader [history, economics, politics], I am a blacksmith, and a wildlife/landscape artist who works in everything from oils to egg tempera to encastic. I love to kayak and hike, in fact I just hiked up Table Rock Mountain and Rainbow Falls near Greenville, SC this last weekend and loved every minute of it.

Thanks again...In Liberty,
Republicae

http://militantjeffersonian.com

"Men do not willingly read unpalatable truths of themselves. The People like those best who fool them most, by pandering to their vices and flattering their foibles" Raphael Semmes