20 September 2008

Money = Debt

Though they don't initiate much thought themselves about the nature of their money, most Americans, if you were to put the question to them, would reply that minted money (created and circulated currency) is backed up somewhere by gold, silver or some other material of qualitative value. This 1:1 ratio of representation, however, is far, far from the case. In fact the vast majority of money in the modern world is represented and supported by debt itself.



If debt didn't exist neither would the American economy. Paying off the national debt would leave the US with its theoretical reserves, which would be roughly 1% the current product because banks are allowed to create money from loan interest which already works on a 9:1 reserve ratio. And don't forget that reported from the latest audit of the US Bullion Depository at Fort Knocks, as of 1981 only 21 percent of the gold bars were audited, [*] so even the integrity of those reserves is questionable.

Our currency is out of our hands, controlled by bankers who pick and choose when to tighten funds and call in loans. They make it all up as they go. Their scheme is supported by the ignorance of those whom they take advantage of, which is everybody else. Playing a part of that game is to relinquish one's own power and survivability to the whims of an arrogant plutocracy.

I don't have the answers yet but I'm on the track to them and have some theories which will be shared in time. Until then I implore one to become aware of the constituents of their existence, spiritual, economical, physical or otherwise, and understand the Logos of these qualities so as to gain power and control over them and become the first mover of their own life.

Shayne

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