Today, we have those in the Halls of Power who are seeking to find some artificialremedy for the troubles in which we now find ourselves in this contrived andmanipulated economy. They seek to find a cure within the very system that is thecause of the ailment. They are reaching deep in the recesses of human ingenuity tofind a solution but they fail to diagnose the illness simply looking at thesymptoms.We are all trapped in a system that has resulted in unproductive consumption andin a very real sense, an improvident erosion of real wealth. Those who have soughta far quicker and much more ingenious means of gaining wealth have takengenerations of prosperity away from this country with their monetary alchemy,indeed they have sought to make gold out of mere sheets paper, tokens with noasset value and no redeeming qualities on which to build real sustainable wealth.So, the scheme of absolute fiat money was stealthily imposed upon this country,without consent from the People, in fact without they knowledge either. Thus fiatmoney, the simplest contrivance of monetary trickery was imposed upon our land,upon our people and with its mighty hand our government stated that a piece ofpaper would be money. And so we have it, a paper with official seals upon it,special inks and alluring denominations all pointing to a reality that is simplynot there and does not operate under existing monetary or economic laws, but seeksto contravene such immutable laws that have existed since the beginning of whatcould be considered monetary and commercial trade.Of course, for such a system to work; real asset money must be removed fromcirculation, the process in this country took decades to plan and achieve. Inconjunction with this gradual withdrawal of real money, the government had toenforce the use of fiat money through legal tender laws and taxation making thefiat dollar the official and only accepted currency in the land. The government,no longer obliged to honor its duty and oath to the people eventually struck fromthe currency all words that gave indication that even the paper money theyinsisted upon held any value: "The United States will pay the bearer upon demand".There is no promise in this country's fiat currency, no hope of redemption for thenote's face value because it has no value, either on its face or behind its facadeas a note obligation. It is a charade wrapped within a charade, all mandated bylaw. The United States Dollar promises nothing beyond the paper itself, no futureobligation of payment; it is, in essence, an IOU for nothing in return for thenote obligation; a legal notification of a debt that can never be repaid.Initially, it costs next to nothing to make fiat money; it can be made in anyquantity to suit the needs and ends of those who control its flow. What wealth isbuilt upon such a system? Endless wealth based upon inflationary debt creation andmaintenance; yet there is a high price to pay when the fiat system reaches the endof its debt life-cycle when the system defies itself and caves in upon itself dueto the over-burden of inflated debt upon which it was created and upon which theeconomy depends.You see, in such an economy the government, corporations and even the people mustlive beyond their means. They must continually depend on a line of credit for sucha system to remain viable otherwise the fiat economy will begin to crumbleit isindeed a paradox, for on one side the massive burden of inflated debt pressuresthe economy from beneath and on the other side the necessity for more credit placemore demands on the system and its ability to grow. The massive inflated debtburden demands more and more from the profitability of the economy and thus theability to extend credit becomes constricted to the point that it is moredifficult for everyone to live beyond their means, including the government. Suchsystems, burdened with debt eventually force the hand of government, which has noother choice but to continue to inflate to the point that hyperinflationary
Leave a Comment