MEN LONG DEAD CONTINUE TO ROB THE LIVING
The Federal Reserve Board was voted into existence in 1913. Since that time ‘federal reserve notes’ have become the foundation of the US economy. The practice of printing worthless fiat currency is essentially ‘borrowing from the future’ because the newly printed ‘money’ is loaned into the economy. Let me explain:
Money is not wealth. Money is merely an exchange medium and should have intrinsic value making it a reliable store of value.
When an exchange medium has intrinsic value and is a good store of value, people will save money and put it into investments creating a fund for business expansion and additional wealth creation.
When an exchange medium has no intrinsic value, but is nonetheless legislated as the “official” payment device “for all debt public and private”, people will not save money because it is an unreliable store of value. In the absence of a sufficient savings base, the sole funding source for business creation and expansion becomes the same con-men who ‘create money’. These loans increase the money supply, eroding the value of all money in play in the economy, worsening the problem and creating a repeating cycle.
The cycle is not a negative feedback loop where the feedback suppresses the problem and restores equilibrium, it is a positive feedback cycle where the feedback increases the problem causing it to spiral ever wider and higher until it is beyond the ability of anybody, including its perpetrators, to control it.
Wealth is defined as goods and services.
Everybody consumes wealth.
There are three kinds of wealth consumers:
Those who create wealth,
Those who don’t create wealth, and
Those who impede the creation of wealth.
The wealth of any society is determined by the ratio between these three categories of consumers.
A society with the greatest percentage of inventors, engineers, manufacturers, farmers, miners, ranchers, fishermen, lumbermen, steelworkers, builders and other producers of wealth will be wealthy.
A society having a disproportionate number of consumers that don’t produce wealth; i.e. those who work at any job in law, insurance, finance, academia, government, “entitlement recipients”, etc. will have non-producers sharing the produced wealth, diluting the value of whatever exchange medium is at play. Economic stagnation is the natural result.
A society that allows con-men, tax-men (but I repeat myself), counterfeiters, government workers at any level who sell their influence, regulators, opportunistic litigators and government wonks enforcing legal minutia designed to put businesses out of business for not making the correct political contributions will have a crumbling economy.
We have now entered a future created by men long dead. They robbed us before we were born. They committed us to paying for for their excesses, their lavish lives, their grandiose pleasures. Men long dead have already spent money we have yet to earn. We are now asked by men wishing to perpetuate the ponzi scam to take the yoke of this debt upon us so they can continue to live lavish lives of excess and pleasure to be paid for with money yet to be earned by our children and their children.
We call them the 1%. They call us ‘fly-over country’.
They have bought the president.
They have bought congressmen.
They have bought senators.
They have bought judges.
They have bought government agencies.
They have bought the media.
They have bought law enforcement.
But they can’t buy Ron Paul.
Now it’s up to you.
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Anyone can become informed about their world.
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