The Secret of Money

Posted March 29th, 2008 by GREEDisBAD

To become debt free, read The Secret of Money and send it to10 people within the next 24 hours.

Are you in a situation that you don’t have enough money and have too much debt? Most people are. Do you know why? It is because, today, money is debt. All the money in circulation today except coins is made out of debt. If there is no debt, there will be no money. There is more. Money is created only for the principal part of the debt, but not the interest. Therefore, there is always shortage of money and to meet the shortage, new money must be created. In other words, new debt must be created. This is why people are constantly persuaded to go into debt. There is even more. As new debt (new money) is created, the value of the existing money goes down. This discourages people to save and coerces them to spend. Meanwhile, the shortage of money worsens as more money (more debt) is created. In the end, everyone will be in debt. There will be no winner except those who control the system at the top.

You would think this is a bad situation. How did we end up in this situation? Who controls the system? How can we get out of this? To answer these questions, you must, first, understand what money really is.

First of all, money is the certificate of ownership of the economy. The total money supply represents the total ownership of the economy. Money that individuals hold represents the ownership of their shares of the economy. In this way, money can become a store of value. The value of the economy is relatively stable or even grows over time, therefore, money that is the certificate of ownership of the economy can hold its value over time. People can store the value of their labor by exchanging their labor with money. Second, money is a very convenient medium of exchange that facilitates trade. Money, not only holds its value overtime, it is also easily carried and divisible into small units convenient for everyday transactions. Most people are familiar with these properties of money as a store of value and a medium of exchange, but most have forgotten or never realized that money holds these useful properties only because money is the certificate of ownership of the economy. These people never realize the vital importance of who holds the issuing power of money.

Thomas Jefferson warned:
“If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks...will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered.... The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.” -Thomas Jefferson

In 1913, the government finally gave up the power to issue money to a group of wealthy men known as international bankers. The deceptive system called The Federal Reserve Bank System was created. Today, even the government must borrow money from the Federal Reserve.

The president who signed the 1913 Federal Reserve Act was Woodrow Wilson. A few years later, he wrote: “I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men.” -Woodrow Wilson

However, there is good news. The days of the Federal Reserve are numbered. The money issuing power will be again diversified among the people. There will be no more central control of the power to issue money. To do so, the secret of money must be understood. The more important power than the power to issue money is the power of information. TV, Radio, Newspapers and Magazines have already been bought out. They are now in the process of controlling the Internet. We must spread the secret of money while we still have time. Print this out and spread in addition to using the Internet. Meanwhile, we must also defend the free flow of information on the Internet. Continue your own research on these subjects.

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WHY WAS GOLD MONEY?

On April 1st, 2008 GREEDisBAD says:

So, why gold, silver and/or other commodities were money in the past?

Money is the title of the economy that certifies the ownerships of the economy. These certificates must be issued in proportion to the size of the econmy, and there are several ways to do it. You can attempt to measure the entire economy or you can take some samples of the economy to access the size of the economy. That's where gold, silver and/or other commodities were useful. At different times in the past, gold, silver and/or other commodities were good approximations to access the size of the economy. They were also good forms of title certificates because they were difficult to counterfeit (inflate).

But, real key is to understand that the individuals who create the economy are the rightful owners of the economy and money and the issuing power of money belong to the rightful owners of the economy.

But, when the issuing power of money is taken away from the rightful owners of the economy, the economy is stolen from the rightful owners.

That's it !

On March 30th, 2008 portableman says:

In a nut shell. This will make a good introduction to the video "money, banking and the federal reserve", put out by lewrockwell.com.

Money is the certificate of ownership of the economy.

On March 31st, 2008 GREEDisBAD says:

Thanks! I like these videos! I wish, though, they emphasized that money is the certificate of ownership of the economy and that is why money can be used as a store of value or a medium of exchange. Most people don't seem to realize this. I didn't for a long time. If people understood that money is the certificate of ownership of the economy, then they will realize how crazy it is to give the power to issue the certificate to some strangers. It's basically handing over the economy to the strangers.