The following is extremely conceptually dense.

Read every word carefully as the following are my conclusions made over the past five years. Three presumptions keep people trapped in the existing paradigm. The first presumption is that money is a *thing* and the second presumption is that money is a natural monopoly. The *thing* that fills and qualifies in most people's mind as "money" is generally a precious metal - most probably gold or silver or some combination of both. The third presumption is that government should issue and control the monetary system. It is my conclusion after much study that the banking (money) system should be an agency where all people who can create value are actually the creators of the money (symbols) by which the value is exchanged in proxy. Here's the sword that will cut the Gordian Knot! Money is an act of communication via symbols and contracts that allow people to exchange real things by proxy. Get some Chinese Red paint and a two inch paintbrush and paint that sentence on an open wall so you get to read it every day until it becomes obviously true. Because once you see that money is a communication, it quickly becomes obvious that it is NOT a natural monopoly; it becomes obvious that if you can walk and chew gum you can become the originator of any monetary communication; and that the only question open to discussion then becomes: "How do we determine whether this monetary communication is true and not counterfeit?" Which opens the discussion of banking as agency to value producers with responsibility as to specific performance of contract and insurance functions of banking as agency. You see, money as a communication can be graded into various grades of quality. Understand that, and you understand why precious metal coins were used. Counterfeiting is lying with money symbols. It is difficult to lie with a gold or silver coin. Bonded communications as a monetary format. If one guy tells another guy that they could exchange labor, in my communication theory of money - a monetary contract has been created. If one guy needs the direct help but the other guy doesn't need the direct return of labor and says "I owe Bob Jones a couple days of labor from two months ago could you return my help (to you) to Bob Jones on my behalf?" Now you see an exchangeable communication has been created.

To this point all the monetary communication has been recorded on thin air. If this exchange is recorded to paper and signed by the parties, the record is more clear and enforceable under the uniform commercial code. If the parties asked a third party to hold the contract as escrow agent, then that escrow agent is doing a banker's job. If the word of one of the parties is held in some doubt, he could deposit something of value to be held pending full execution of the contract. Now we have a bonded communication - and historically that bond was a deposit of gold coin. If one of the parties is a known liar, he could ask the bank to co-sign the obligation contract. This is a service the bank could legitimately charge a fee for as it is an insurance function. This is the SWORD: That the uniform commercial code is your friend once you accept that money is an act of communication and the banker is forced into an agency relationship to value producers where the banker provides for bonding of the communication, insurance of contracts, and co-signing relationships. I recommend reading Antal Fekete on the Real Bills Doctrine but add this concept: that the true bills are the money while a small quantity of gold sits in reserve providing for settlement in case of dispute or other failure of contract. Any LETS system could adopt my concepts and I have offered them free, but they do not yet seem receptive to adopting more rigor into their system. The little child learning to wave bye-bye at departing friends is learning to communicate symbolically - you are an adult and can also learn that money is a communication. Links for further study: http://www.complementarycurrency.org/materials.php (Stephen DeMeulenaere) http://www.reinventingmoney.com (the two Dr Popp books are here; click on "library") Altruists - download by topic: Money: http://www.altruists.org/downloads/by_subject/money/ American Monetary Institute http://www.monetary.org/ Andrew Lowd Hours http://www.andrewlowd.com/thesis/Contents.htm

Archives of ECON-LETS@JISCMAIL.AC.UK http://www.jiscmail.ac.uk/lists/econ-lets.html Asses in Clover: http://www.douglassocialcredit.com / Bankruptcy America http://www.abiworld.org/stats/newstatsfront.html Bastiat, Economic Harmonies http://www.econlib.org/library/Bastiat/basHartoc.html Barry Boswell, Paper Money http://www.collectpapermoney.co.uk/ Bob Blain, Ph.D. Professor of Sociology, on Cooperation, Money, and Wealth http://www.siue.edu/~rblain/index.htm Books On-line: Call Numbers Starting With HB-HJ http://digital.library.upenn.edu/webbin/book/subjectstart?HB-HJ (I was looking for Hayek) British Ass'n MoneyReform http://www.users.globalnet.co.uk/~bamr1/index.htm Bromsgrove Belief http://www.prosperityuk.com/prosperity/bromsgrove/principles.html Carl Menger http://cepa.newschool.edu/het/profiles/menger.htm Cash Cards International http://www.cashcards.net/rotateindex.asp Carol Brouillet http://www.communitycurrency.org/ CESJ site map http://www.cesj.org/cesjsitemap.html CH Douglas 1934 http://www.douglassocialcredit.com/ Introduction to Social Credit -- Economics Bryan W. Monahan http://www.alor.org/Library/IntroductiontoSocialCredit.htm Whole World in Debt Chains -- C. H.DOuglas http://www.alor.org/Library/The%20Whole%20World%20in%20Debt%20Chains.ht m

Social Credit websites: http://www.alor.org/Library1.htm C.H. Douglas: Pioneer of Monetary Reform Richard C. Cook http://www.globalresearch.ca/index.php?context=va&aid=6870 About Clifford Hugh Douglas, the genius who discovered Social Credit. Louis Even http://www.michaeljournal.org/douglas.htm Thoughts of Douglas http://www.alor.org/Library/ThoughtsofDouglas.htm The Use of Social Credit http://www.alor.org/Library/UseofSocialCredit.htm Is an International Financial Conspiracy Driving World Events? Richard C. Cook http://www.globalresearch.ca/index.php?context=va&aid=8977 Hear C. H. Douglas (1934) on "The Causes of War" http://douglassocialcredit.com/douglas.php Credit as a Public Utility: the Key to Monetary Reform Richard C. Cook http://www.globalresearch.ca/index.php?context=va&aid=5772 A Post-Impeachment Vision of the Future Bob Bowman http://thepatriots.us/pg_02_speech.html The Ledger that Rules the World Louis Even http://www.michaeljournal.org/penrules.htm Restore to the people the control of their own wealth. Louis Even http://www.michaeljournal.org/restore.htm Breakdown of the Employment System C.H. Douglas http://www.alor.org/Library/BreakdownoftheEmploymentSystem.htm A civilization of men financially free. Louis Even http://www.michaeljournal.org/finafree.htm Full stores, empty wallets in Madagascar!. M. Lefebvre http://www.michaeljournal.org/madagae.htm Social Credit puts money in its proper place. Louis Even http://www.michaeljournal.org/plenty31.htm Financial Meltdown: U.S. Treasury Regulatory Reform Proposals: Hapless, Helpless, Hopeless Richard C. Cook http://www.globalresearch.ca/index.php?context=va&aid=8491

Social Credit, for a healthy economy. Louis Even http://www.michaeljournal.org/schealthy.htm Extraordinary Times, Intentional Collapse, and Takedown of the U.S.A. Richard C. Cook http://www.globalresearch.ca/index.php?context=va&aid=8854 Is an International Financial Conspiracy Driving World Events? Richard C. Cook http://www.globalresearch.ca/index.php?context=va&aid=8450 Social Credit: not Socialism, not a political party. A. Pilote http://www.michaeljournal.org/noparty.htm Our economic liberation through Social Credit. Louis Even http://www.michaeljournal.org/scliberation.htm Social Credit, a scientific technique of finance. Gilberte Côté-Mercier http://www.michaeljournal.org/sctechni.htm Poverty in America Richard C. Cook http://www.globalresearch.ca/index.php?context=va&aid=5905 A brief outline of Social Credit. Vic Bridger http://www.michaeljournal.org/bridger.htm “Market Fundamentalism” and the Tyranny of Money http://www.globalresearch.ca/index.php?context=va&aid=7427 The Morality of Economics: The Key Issue of the Twenty-First Century Richard C. Cook http://www.globalresearch.ca/index.php?context=va&aid=6439 Clifford Hugh Douglas - Social Credit(1924) http://www.mondopolitico.com/library/socialcredit / Committee on Monetary and Economic Reform http://www.comer.org/ Commodity Futures http://futures.tradingcharts.com/menu.html Commodity Research http://www.crbtrader.com/ Creditary Economics http://creditary-economics.org/

Debt Money, ancient meme http://landru.myhome.net/monques/ Decentralization List http://groups.yahoo.com/group/decentralization/messages DJIA Weekly http://futures.tradingcharts.com/chart/DW/W Dr Erhard Glotzl (demurrage) http://userpage.fu-berlin.de/~roehrigw/gloetzl/howand.htm e-gold Directory http://www.e-gold.com/unsecure/links.htm 321 Gold http://www.321gold.com/ Economist.com http://www.economist.com/index.html Econ-Lets archives http://www.jiscmail.ac.uk/lists/econ-lets.html Gang 8 http://www.egroups.com/messages/gang8 Electronz http://www.electronz.cjb.net/ http://homepages.ihug.co.nz/~dominc/electronz/news.html Fed Money Supply Data http://research.stlouisfed.org/fred2/ Federal Reserve Bank of Atlanta Working Papers Index http://www.frbatlanta.org/publica/work_papers/index.html Federal. Reserve Accountability http://www.moneymaker.com/frb/index.htm Flaherty, Edward http://www.ersgroup.com/staff_displayBio.asp?BioID=21 Frederic Bastiat http://bastiat.org/en/ Freebanking http://www.butterbach.net/freebank.htm

Friendly Favors http://favors.org/FF/index.php FRN illegal Minn (link missing) GATA http://www.gata.org/ Gesell http://www.systemfehler.de/en/index.htm Gold Eagle top Analysts http://www.gold-eagle.com/research.html Gold improperly counted: http://www.calneva.com/money/gold/goldpi~1.htm Goodhart on Cartalism http://www.econ.barnard.columbia.edu/faculty/mehrling/goodhart_and_the_emu.p df Hans Eisenkolb http://www.sunshinecable.com/~eisehan/ (Eisenkolb is 80 years old and the link is now dead, but may be found using the way back machine) Hayek, Life and Times http://libertystory.net/LSTHINKHAYEKLIFE.htm Hindu Newspaper index (just change the year number for other years) http://www.hinduonnet.com/thehindu/2007/ Hours Blain of Illinois http://www.hourmoney.org/ Hummel, Money - What it is and How it Works http://wfhummel.net/ Identity Commons http://idcommons.net/ LETS Linkup USA http://www.lets-linkup.com/71-USA.htm IJCCR England cc research http://www.geog.le.ac.uk/ijccr/ Indymedia RockyMt http://rockymountain.indymedia.org/

J. Orlin Grabbe http://www.aci.net/kalliste/ JW Smith books: http://www.ied.info/books.html The following JW Smith books may be read free online: 1. 2. 3. 4. Money, a Mirror Image of the [physical] Economy: http://www.ied.info/books/money/ Economic Democracy: http://www.ied.info/books/ed/ Cooperative Capitalism: http://www.ied.info/books/cc/ JW Smith on Why the 911 attack: http://www.ied.info/books/why/

Kitco Live Gold http://www.kitco.com/charts/livegold.html Library by Author http://cog.kent.edu/Author/Author.htm Links to Money Reform http://www.justiceplus.org/Reform_links.htm http://dmoz.org/Society/Organizations/Local_Currency_Systems/ Linton Open Money http://www.openmoney.org/ Lietaer’s earlier Terra model http://www.itk.ntnu.no/ansatte/Andresen_Trond/finans/others/interest-freemoney.txt Local Currency System Growing http://www.progress.org/archive/currency.htm Mammon vs Money http://presys.com/~ekklesia/movma.htm Michael Journal & Salvation Island (Two Versions)(1) http://www.michaeljournal.org/myth.htm (2) http://www.prolognet.qc.ca/clyde/money.htm Modern Money Mechanics: http://landru.i-link-2.net/monques/mmm2.html and here: http://www.reinventingmoney.com/library.html Moneta (Auriti) http://www.calneva.com/money/index.htm Money File$

http://www.moneyfiles.org/index.html Money Museum http://moneymuseum.org/standard_english/raeume/foyer.html Mutual Credit (Proudhon of France first advocated mutual credit; Greco is now writing about credit clearing locally) NESARA http://www.nesara.com/ (Founder and writer of this proposal Dr Barnard, has died) New Approach to Freedom (Riegel) http://www.newapproachtofreedom.info/ New Economics Foundation http://www.neweconomics.org/ Norwegian Banking Scam Page http://www.mega.nu:8080/ampp/corporate.html Perfect Economy http://www.perfecteconomy.com/index-articles.html Poet Piet (Pain in the eyes due to font color changes) http://members.tripod.com/~poetpiet/guest_appearances/intro_to_currency_issue s.htm Printing Money for the Fed http://www.moneymaker.com/money/money0a.htm Reinventing Money http://www.reinventingmoney.com Role of Money on Internet http://www.motherservice.org/Essays/RoleofMoney&Internet.html Roy Davies http://www.ex.ac.uk/~RDavies/arian/money.html Scotland Alternative http://www.newmoraylets.org.uk/ Slave Revolt http://mysite.verizon.net/res7dhyg/slaverevolt_finance.html Social Credit, Major Clifford Douglas http://www.douglassocialcredit.com/ Social Credit - the book http://www.mondopolitico.com/library/socialcredit/toc.htm A library of social credit related material: http://www.alor.org/Library1.htm Buy the books: http://www.douglassocialcredit.com/html/library.html

Stephen DeMeulenaere Material http://www.complementarycurrency.org/materials.php Subsidiarity as a Rule and a Principle http://www.jeanmonnetprogram.org/papers/95/9510ind.html Third Way http://www.globaljusticemovement.org/thirdway.htm Third Way COG http://cog.kent.edu/ http://www.cesj.org/ Thomas Edison & Henry Ford - Muscle Shoals: http://www.prosperityuk.com/prosperity/articles/edison.html Third Way Kelso http://www.kelsoinstitute.org/ Three Steps to Economic Freedom http://www.geocities.com/jackodonnell.geo/c00r4.html Tom Schauf (book on banking - difficult to find) Transaction Net http://www.transaction.net/money/ Unsustainable http://www.unsustainable.org/ Venture Collective (in media) http://www.mediaventure.org/call.html? Walter Plinge http://ebean390.tripod.com/drwalt.htm Local and Interest-Free Currencies, Social Credit and Informal Credit Systems http://www.ex.ac.uk/~RDavies/arian/local.html Lets Link UK http://www.letslinkuk.org/ Mind Trek http://www.mind-trek.com/treatise/ Naked Emperor Econs (debunking mainstream economics) http://www.debunking-economics.com/ Post-Autistic Net http://www.paecon.net/

Prof Auriti Article http://www.moneymaker.com/italy/lire-7i.htm Prof Auriti's Ownership of Money and the Induction of Value http://www.moneymaker.com/italy/lire-1e.htm Discussion of Auriti's Piece on the GIM site: http://goldismoney.info/forums/showthread.php?t=100359 Ratical on CC http://www.ratical.org/many_worlds/cc/ ratitor's corner: march equinox 1999, "Expanding the Song of Life" http://www.ratical.org/ratitorsCorner/03.20.99.html Resources for Community Currency Activists http://www.communitycurrency.org/resources.html Richard K Moore http://cyberjournal.org/ Riegel Private Money http://www.mind-trek.com/treatise/ecr-pem/ Ronald Coase http://www.reason.com/9701/int.coase.html Salt Spring http://www.adlertech.com/ssmedia.htm Salvation Island http://www.prolognet.qc.ca/clyde/money.htm SANE of South Africa http://www.sane.org.za/ School of Cooperative Individualism (link missing) Schools of Thought http://cepa.newschool.edu/het/thought.htm Systemics Ian Grigg http://www.systemics.com / The Toronto Dollar http://www.web.net/~tordoll/ Thirst for Justice - English http://www.prolognet.qc.ca/clyde/eng.htm Tragedy of Commons

http://members.aol.com/trajcom/private/trajcom.htm Turmel Analysis of Quigley's "Tragedy And Hope" http://www.cyberclass.net/turmel/quig00.htm Turmel Lets http://groups.yahoo.com/group/turmel/messages Turnbull on money http://members.optusnet.com.au/~sturnbull/page3.html WAT-System http://home.debitel.net/user/RMittelstaedt/Money/watto-e.htm World Bank Site Map (click on site map link at top) http://web.worldbank.org/ Yamaguchy: http://www.yamaguchy.netfirms.com/ Zarlenga http://www.monetary.org/ Time Money http://www.timedollar.org/ Maine Time Dollar Net http://www.mtdn.org/ Time Dollar http://www.cfg.com/timedollar/ Accounting Systems General Ledger Dialtone http://www.gldialtone.com (no longer a valid link as of May 2008, but a search for this topic + Todd Boyle will get lots of hits) Timekeeper for Time Dollar http://www.timekeeper.org/ Worcester Community Currency Accounting Services, LETSystem, LETS http://www.worcesterccas.freeuk.com/ Bondage is Good "Look, you bond them at birth, then teach them how to think of the bond as a good thing... and then when they turn 18, the bond also matures and the new security is calculated in the GNP... that's what we call prime stock in the suppositional wagering scheme and fractional reserve banking game.

You should get on it, its a good train." all wrapped up with a pretty little ribbon i would say.