This article was originally intended to supplement and explain concepts in the writer's past article "Shutdown: Rank and File American Speaks Truth to Power" [http://t.co/fKp6hxARHq]. However, so many have told me (in person and on Social Media) that they had never heard of and/or thought of money in this manner, the importance of this article is far greater than this writer originally anticipated.
The writer suggests to the reader that this article, as well as his previous articles on Natural Law and Progressivism, will greatly enhance this writers future articles. The current working titles of some of those anticipated future articles are:
- Don Mashak's Unifying Theory of American Politics and Government
- Artificial and Parasitic Institutions of Modern America
- Incentivizing Peaceful Revolution
That having been said, what follows is the true nature of money in America.
WHAT IS VALUE?
Value is anything that enables a person to live, and/or which improves and/or enhances a persons life and/or standard of living and/or Perception of Reality. (Perception of Reality is how a person views themselves, their environment, the world and the universe and their interactions with said environment, world and universe)
ALL VALUE IS CREATED BY LABOR
All Value is created by Labor. Gold has no value until someone uses their labor to get it from the ground. Land has no value until someone improves it to provided shelter, food and/or things that make life possible and/or improve the standard of living.
Think of a person alone in the wilderness. To live, they must alter their environment to get food, water, clothing, and shelter. As they are alone, all of this will only come to them by their own labor. If the loan individual runs into other people, they may then trade the value of their labor such as food or clothes.
Value created by Labor is as much property as is gold, gems, land and/or cars, for example.
Pursuant to Natural Law, upon which our Country and Constitution are founded, the sole legitimate roles of government are to protect property rights and promote the public good.
WEALTH IS ACCUMULATED VALUE.
When a person accumulates more Value than they need to survive, the excess is Wealth. A person can accumulated Wealth by their own labor and/or by trading with others.
MONEY IS ONE METHOD AND MEASURE OF STORING VALUE AND WEALTH.
In ancient history, Societies used various forms of money. Some used Gold, Silver, wappum, beads, livestock, sea shells, etc. Western Civilization predominately settle on gold and silver.
THE EVOLUTION OF MONEY IN THE WESTERN WORLD
Most money was in fact coins actually made containing gold and silver in the correct amount relevant to the stated face value of the coin.
At some point in time, individuals decided that gold and silver were to cumbersome and too dangerous to keep on their persons. Another set of individuals, often blacksmiths, offered a service of storing and protecting the Gold and Silver of others. They would write the "depositors" of Gold and Silver a receipt for whatever they deposited. Soon these "receipts for deposit" were being used as methods of payment instead of the actual Gold or Silver.
For our purposes, we will use the term blacksmiths for the persons that stored and protected the gold and silver deposited with them by others. These blacksmiths figured out that on any given day, only a small fraction of the Gold and Silver they had stored would be necessary to dispense the amount of Gold or Silver requested back by depositors. At this point, the Blacksmiths started lending out a portion of the Gold and Silver to others and charging interest. And, made matters even more interesting when the Blacksmiths handed out "receipts of deposit" rather than actual Gold or Silver.
This evolved to the Nature of Money at the time of the Founding of the United States of America. The Constitution of our Country requires that all money be back by specie. Specie being a fancy word for Gold or Silver, etc. In this way, the owner of the any money always knew that in the worst case scenario, they could always trade their money for an amount of Gold or Silver equivalent to the face value on the money(intrinsic value).
In the 1933, Progressive President Franklin Roosevelt took the USA off the Gold Standard Domestically. In 1972, President Richard Nixon took the USA off the Gold Standard Internationally.
Money that is not backed by Specie is called Fiat Money.
Fiat Money is only worth what someone is will to trade for it.
In the present language of our Government and the Bankers, the US Dollar is backed by the full faith and credit of the United States of America.
After several iterations of logic, Metaphysics and philosophy the full fair and credit of the USA amounts to essentially:
- The value of its land.
- The value of the improvements on that land.
- The future value of the natural resources on that land.
- The Net Present Value of the future revenue stream of our country. (Net Present Value is what would someone pay today for all the future revenue produced by a revenue stream)
This is a big number, but nevertheless, a finite number.
PROBLEMS WITH FIAT MONEY
The main problem with Fiat Money is that its value can be so easily manipulated, and as a result, drained from it(often without the holder realizing it is happening)
Remember that Money is one method of storing Value which is only created by actual Labor.
Remember that Money was originally made out of actual Gold or Silver so it was always intrinsically worth whatever Gold or Silver were worth.
Remember that in America, Money is supposed to be back by Specie (aka Gold and Silver).
With Money made out of and/or backed by Specie, the Value of the Labor it represents is more & very securely tied to the physical possession of the actual money.
In other words, in the worst case scenario you have or can get gold which is equal to the Value of the Labor which you used to obtain it.
In the worst case scenario with Fiat Money, what do you have but worthless paper? (Remember the stories of Germans having to use wheelbarrows full of Deutschmarks to buy a loaf of bread after WWII?)
THE SHERIFF OF NOTTINGHAM IS OUT OF WORK
In the history of Old World Europe, the Government Literally had to send out Agents to collect taxes. (Taxes are nothing more than requiring a portion of the Value a person earns through their own labors to the government). The Sheriff of Nottingham was the "enforcer". But the problem with these overt physical displays of power to force a person to give up a portion of the Value that was created by a persons labor was that it caused alarm and resentment amongst the masses.
What if the ruling class could take a portion of the Value created by each persons work, without the person realizing it was happening? From the perspective of the comfort and security of the government and the ruling class, wouldn't that much more preferential than actual physical displays of force to command the masses to give up a portion of the Value that was only created by their labor?
Well, the American Government and Ruling Class have devised just such a system using Fiat Money.
EXAMPLES OF HOW THE AMERICAN GOVERNMENT AND RULING CLASS USE FIAT MONEY TO STEAL VALUE FROM THE MASSES
As our first example, let us point to Quantitative Easing.
In this latest round of Quantitative Easing known familiarly QE3, the privately owned Federal Reserve Bank is printing $85 Billion worthless dollars per month.
QE3 and beyond: $85 billion per month and counting http://t.co/MiD44Nm8vS
To understand what is really happening, we need to go back to what we said the full faith and credit of the USA means. Remember it was a big but finite number of the sum value of the land, the value of the improvements on that land, the future value of the resources on the land and the Net Present Value of the future revenue stream of the USA.
Imagine this writer and you are sitting down in front of a pizza. This writer has divided the pizza into six slices. You agree that for the work you did for me today, you will accept one slice of pizza. This writer gives you one slice of pizza. But before you can eat it, this writer says, "Wait a minute, I made a mistake. I need that slice back. This writer now proceeds to divide the pizza into 12 slices. This writer hands you back a slice and says, "There's your slice, now we are even." The likelyhood is that you are going to object and say you agreed to a slice of the previous size, not this smaller size. But this writer replies, "I'm the government, a slice is a slice. You have been paid your slice.
Next, think of this big but finite number representing the full faith and credit of the USA as a Pizza.
Each month the government is slicing the pizza into an additional $85 Billion slices. Must not each additional slice be smaller than the original slices? And that is what is happening. Each dollar you already have in your pocket in exchange for the Value your Labor actually produced is being reduced in value to provide value to these $85 Billion additional slices being taken each month from the big but finite American Pizza Pie.
The beauty of it is, at least as far as the government and Federal Reserve Bankers are concerned, they don't have to physically take the dollars in your pocket from you to reduce their size (value). It happens without the big, alarming physical displays that were formerly required when using the Sheriff of Nottingham.
It is a tax on money you have already been taxed upon.
It is a theft of property from you just a surely as a armed robbery of your person.
How do you like your government and the ruling class now?
As our second example, we use Congressional Insider Trading.
Insider Trading for rank and file American is illegal and should be.
Insider Trading is making trades in financial instruments such as Stocks, Bonds, Futures, Options and Derivatives based on information that the public does not have to realize a unearned profit.
A short while back, 60 Minutes busted Congress for engaging in Insider Trading. With great reluctance, Congress made it illegal for Congressfolks to engage in Congressional Insider Trading. However, last April of this year, Congress gutted/repealed said legislation.
What does this have to do with the nature of money, fiat money and the value created by labor.
It is so very elementary as to be startling.
All Value is created by Labor.
Money is one method of measuring and story money.
Fiat Money allows the value of existing dollars to be much more easily manipulated.
Insider Trading trransfers wealth to the people with Inside Information (Congress, their buddies and the Ruling Class) from those without that knowledge. (Rank and File Americans)
Since all value comes from labor of WE THE PEOPLE and since WE THE PEOPLE don't have this Inside Information and therefore lose money, all Congressional Insider Trading is is a ruse to take Value created by the Labor of the Masses from the masses and give it as unearned wealth to the ruling class.
SYMPTOMS OF FIAT MONEY "CRIMES"
While, from the perspective of the ruling class, being able to steal Value created by the Labor of the mass from the masses enables his transfer of wealth to occur much more subtly than using the Sheriff of Nottingham, their are symptoms that the ruling class can not hide.
Individuals are now working 50 to 80 hours a week to maintain their previous standard of living.
Both persons in a couple are now being forced to work, instead of one individual working and the other raising the children.
Their is a growing disparity in the wealth of the ruling class and the Plutocrats from the wealth of the middle and lower economic class of America.
Disparity of Political Power between the ruling class and Plutocrats and the middle and lower economic classes. This disparity is so overwhelming that elected officials, judges and governments no longer consider the moral, criminal or economic consequences that hey might suffer from the middle and lower economic classes when deciding whether to participate in such corrupt practices as accepting bribes, deviating from the Natural Law, the Constitution, the Rule of Law or the Bill of Rights.
All Value is created by Labor.
Wealth is stored Value.
Money is one method of measuring and storing Value and Wealth.
Fiat Money allows the Ruling Class and Plutocrats to steal Value created by the Labor of the masses, from the masses much more subtly than having the Sheriff of Nottingham physically collect it.
Nevertheless, he Ruling Class and Plutocrats wrongfully steal a disproportionate of the Value created only by the Labor of the masses.
Now you know why the Sheriff of Nottingham is out of work.
The question is, "What are you going to do to stop the Ruling Class Plutocrats from wrongfully taking Value that your Labor produced, from you?... from your children?
Or are you just going to throw your hands in the air in hopelessness, baa like a Sheople and let the Ruling Class Plutocrats continue to rape, pillage and plunder WE THE PEOPLE?
“It is also in the interests of the tyrant to make his subjects poor... the people are so occupied with their daily tasks that they have no time for plotting.”― Aristotle
How do you like your government and the American Ruling Class now?
Stayed tuned for future articles previously mentioned and to learn the other methods that your government and the ruling class clandestinely steal the fruits of your labor.
Those were my thoughts.
Thank you, my fellow citizens, for taking your valuable time to read and reflect upon what is written here.
If what is written here rings true to you, perhaps you should contact your local elected officials and let them know. If you are afraid of repercussions, snail mail it anonymously and ask them to respond in the local paper or their own monthly/quarterly internet newsletter. Even if this article refers to something outside you geographic area, it still likely applies to your location. Remember all those taxpayer training junkets we taxpayers send the bureaucrats on? They all learn the same “livestock management” techniques to use on WE THE PEOPLE.
And that leaves WE THE PEOPLE with this conundrum: While our #Government works full time with compensation and funded with our money for the cause of #Tyranny; WE THE PEOPLE are forced to work part time without compensation for the cause of #liberty with what is left over of our time, money and energy.
Finally, this article is written with the same intentions as Thomas Paine http://ushistory.org/paine. I seek no leadership role. I seek only to help the American People find their own way using their own “Common Sense” http://amzn.to/kbRuar
Keep Fighting the Good Fight!
Bring Home the Politicians #BHTP
Lawless America #LawlessAmerica
Term Limits #TermLimit
Justice in Minnesota #JIM
Critical Thinking Notice - This author advises you as no politician would dare. Exercise Critical Thinking (http://bit.ly/ubI6ve) in determining the truthfulness of anything you read or hear. Do not passively accept nor believe anything anyone tells you, including this author... unless and until you verify it yourself with sources you trust and could actively defend your perspective to anyone who might debate you to the contrary of your perspective