Friday, December 11, 2015

#65 The Inner Track

Ahead of time, the author makes no apology for appealing to the ascribed words of Jesus the anointed (the Christ) in what follows:

The inner track is an objective position one takes in one's life: It acknowledges that certain things about life and this world are true and that others are false. The proportions at any time of that which is true to that which is false is by many thousands of magnitudes to one; there is little that is genuinely false, but what is false stands out against a general backdrop of truth.

All that is false are lies, deceptions, literal attempts to thwart or control or otherwise undermine your life. They take the form of things as well as ideas. There are associations one has in one's life with these things or ideas that determine the course of one's life. If the things or ideas we make our decisions about happen to be true, then over all, our life must become virtuous, which means we can do no harm either to ourselves or others, the result being good. The promotion of life is all that is good. Therefore the promotion of bad is the destruction of life.

Where abundance of truth is; this happy congruence, always happens in society and is noticeable in our daily lives in relations with others, either known to us or even perfect strangers, as we proceed in SANITY and under the REASONABLE EXPECTATION of continuing peace. Where neither of these is satisfied, as in a war zone or in a terrorist event, people generally tend to migrate or remain within zones or areas where they feel most safe as defined by SANITY and the REASONABLE EXPECTATION of continuing peace.

Experiment: try subjecting yourself to 10 minutes of music dominated by nothing but Ionian modal harmonies; major scales. Then subject yourself to 10 minutes of music dominated by Locrian or tri-tonal harmonies, if you can even find that much. If harmony it can be called; one is doing the idea of tri-tonal based music the favour of comparison in the same sense as Dorian, Aeolian (minor scales) or even Phrygian mode harmonies.

Now, one may ask why the disharmonious, the INSANE, the genuinely bad is actually part of Nature? That's a huge separate lesson in itself. The various attempts at devising and teaching systems of ethics, value judgement and morality can be studied and followed at leisure. We think some systems more intelligent than others; all the well known, well run and well organized twelve step programs to confront and defeat addictions are among the best we presently know of.

The inner track acknowledges the individual uniqueness of each one of us. It takes it for granted that everyone else out there from babies to old people has an objective position on their lives as we do ourselves. We therefore acknowledge that all virtue springs from the understanding that doing harm to anyone else is doing direct harm to ourselves. This involves acceptance of each human being's separate identities.

What if one is not conscious of their separate identity? What if they really do just follow whichever crowd of other people they feel most comfortable with?

If that's the case, they are probably on the outer track. Most people are on that track. It is one thing to ask that people wake up and become more conscious, when they are already doing their level best to maintain SANITY and the REASONABLE EXPECTATION of continuing peace, but quite another to accept their unique separateness.

One's separateness is one's opportunity. One cannot exist alone, though each one of us is separate. The interactions day to day usually enhance SANITY and the REASONABLE EXPECTATION of continuing peace. But sometimes, and the percentage is growing beyond bounds, they do not.

Since the false is outnumbered by the true by factors of many billions to one, it does not make sense to pay exclusive attention to the true as a means of escaping the false. (This was an observation of General Semantics) One will do that anyway in hundreds of thousands of usual decisions one makes each day, including mere walking. No, the false, fake, fraudulent, etc. do need to be described, studied, understood. One of the hardest lessons each of us has to learn is that the truly bad, the truly evil, the truly anti-life aspects of our world cannot be escaped, cannot even be fully eradicated.

So what is false is embedded, enmeshed in society and perhaps even in nature itself. It is the nature of things to contain particles of falsehood in each of them. A philosophy, as in "a study of the fundamental nature of knowledge, reality, and existence, especially when considered as an academic discipline," could be something like what acknowledgement of an inner track amounts to.

The inner track of course deals succinctly with all that is not truth. But it does so in what to many might be considered a cowardly manner. Recall our point about the abundance of truth being most noticeable as an ongoing social SANITY and the REASONABLE EXPECTATION of continuing peace. We approach that which is inherently false this way:

The scales have fallen from our eyes. We acknowledge that much of our current world events, the knowledge we presently have concerning them, and the people and figureheads associated with them, are a mere charade, a deadly charade nevertheless, that has been carried out largely by the same classes and sets of people for hundreds, if not thousands of years. It is their system that is destroying life, the planet, etc. NOT US and certainly as their system continues on its course, will eventually precipitate some mass extinction event. But we all use their accursed money, none of which is ever actually ours. We claim that it's ours all the time, but that's the base part of the fiction; their fiction. We've all been brainwashed, that's all. Remember, they too have their objective position and theirs is that they are rich and powerful and “so what” and “who cares” to those who are not as they. That too has always been as it has been among us.

There are other kinds of fictions we all have to live with; taxes, public education, universal health care, various kinds of licences, government and corporate involvements in our lives, espionage and surveillance, the wars they cause (banker's wars all), the migrations of peoples they cause, etc. We of the inner track do not dismiss any of these fictions, because we recognize that they have the power to FORCE us all to do their bidding at any time. This is where the rubber meets the road; this is our public life, we acknowledge the reality, the truth, of all the terrible stories that come out about our leaders and their system, conspiracies?, oh yes, but rather than reacting to any of it, we go about the business of living our public lives in SANITY and the REASONABLE EXPECTATION of continuing peace.

The practise of the inner track is to be prepared to doubt everything but accept that which is undeniable fact, no matter how peculiar the evidence supporting it -all in the service of truth. It is also the practise of the inner track to know when to speak and when not to speak, and to whom and with whom about what. The inner track is not a philosophy of personal martyrdom, but of personal salvation; that one lives a good life and the evidence of that is known by others also living good lives.

The inner track can be directly compared to Jesus' narrow way as opposed to the broad road which he said led to destruction. It is not enough to eschew evil and go off somewhere and live like a hermit, though one may try that and perhaps find a good life. If one is living on a track in this world, one will confront the need to use that which is evil in order just to survive.

Do we use their money? Do we acknowledge their flags? Do we pay our taxes? Do we shop and buy every day? Do we usually act in SANITY and the REASONABLE EXPECTATION of continuing peace? We do, all of it. To what we know and to what we shall be, we acknowledge that it best continues to be wise as serpents, yet innocent as doves, as well as to know when we are throwing our pearls before swine. This is our public life.

That is the way of the inner track. One must obey them (render unto Caesar what is Caesar's) though they and their system are false and evil and destructive of life. But one must also focus on who and what one is and what private life that is that one will lead.

Most lead this other private life right now. Even when they are leading the public life as a professional or other functionary or factotum in society, they are leading that other life too. Some call it the private life. Whatever one calls it, this is your other life.

Question: is that other life a good life? Does it promote your personal growth? What is personal growth? Objectively, the acquaintance with more truth is a road to personal growth. Are the acquisition of skills truth? By objective reality, of course they are true, especially to the extent they promote all that is useful and hence good (yes, that which is truly useful is considered good); as in, it was done as well as humanly possible.

Of balance and obsession: Within each normal 24 hour day, most people devote some number of hours to sleep. We acknowledge that usually each of us requires anywhere from six to ten hours of sleep in each 24 hour day. The rest of the time we are said to be awake. Part of that time is usually devoted to dealing with the outer world, their requirements upon us, such as attending school, going to work on time and doing the best job possible under whatever the circumstances, paying bills and taxes as they come due, etc.

None on the inner track ever neglect any of these things. To do so is an act against oneself. It does not matter whether any of their system is fundamentally good or terribly flawed, the value of it is not important because it is openly accepted that one is FORCED to do as they say, think as they think even and certainly to believe what they want you to believe about everything, nature, food, the government, schools, doctors, bankers, etc.

They would prefer you act dumb, docile, stupid, fat, lazy, drugged, drunk and ultimately dead, after they made a good living all your miserable life turning pennies invested into dollars, while you lived to consume this or that pointless or senseless waste of time and energy or vast quantities of any of the recreational substances they glamorize, or way too much of their nutritionally defunct (and now it's revealed chemically poisoned) food stuffs.

The inner track makes smart decisions about turning such substances and subjects into grey haze, so they are no longer recognized as worthwhile. During this process, which may take years, other much better things begin to have more substance, colour, brightness, vitality, reality and life giving qualities, that we begin taking them up instead of our former pursuits. These can and normally would include our associations with others. We might even notice that we begin to speak to each other more calmly, with more kindness and have better more intelligent conversations with those we might have dismissed in haste before.

There must always be that balance between being awake and being asleep as we need that sleep to heal our bodies and to re-balance our minds. The inner track never tries to cheat sleep and strives for a regular sleep to wakefulness pattern.

Achievable obsessions: The inner track seeks self knowledge, the acquisition of skills, the conscious pursuit of knowledge (fact and truth being substantiated), but recognizes that as it has always been down through time right up to the present day, the balance of all that is bad, evil, life destroying, etc. is not to be evaded. BUT, any and all who are involved with the present system, to the extent that they are involved with it, are destined to pay a price for whatever bad or evil they have done, whether the system made them do it or not. The consistent message has been “come out of her (the system), my people” and by the day, the system, their system, makes even that more impossible.

Some may ask, is the inner track an ideology? Does it divide people into us vs. them? You say even enemies have an objective position in life. Yes they do, and we were always asked to love our enemies. We understand that they themselves are in the grip of the system tighter than we could ever imagine. These people bind themselves with blood oaths and think nothing of murder, assassination, “wet work” intended to make it look like an accident, etc. That's their objective position. They know the risks they took to get where they are.

The question for the inner track has always been, is their idea of success knowing what it takes to achieve it, either a worthwhile objective or even worthy of admiration? Once again, some things and people, whole styles of thinking and living, are turned grey. Whatever they are, they're not for us. We do not desire even to know them. We want to build and enjoy our own private lives. We prefer to associate with those who want the same and of course we all want SANITY and the REASONABLE EXPECTATION of continuing peace.

Here's another aspect of truth: it often refers to something that goes on forever, something eternal. One of the things they would prefer you didn't go on about is anything eternal. So do them a favour and don't talk about anything that's really important to you or possibly eternal to anyone you don't know, or openly to anyone in any of the places you suspect they can hear you. It's a kind of discipline. Accept for once in your life that whatever you think you can say can't change anybody else, that most people don't know, and don't care about what you care about or who you are. Most wont even remember your name. Remember, we are each of us separate and that's our opportunity.

We should use our opportunities wisely by really valuing them. After all they represent ourselves. Shouldn't we all be thinking better of ourselves than they'd like us to think? The private or real life, the life that we live that matters most to us, THAT becomes our storehouse of opportunities. Why don't we share and exchange these with others, and gradually pull away from their dying and death dealing system?

The inner track implies living a double life, one for Caesar and one for yourself. It is something they don't want us to teach our children, but it is our survival that matters to us in doing so. Only those on the inner track know instantly and understand that doing good to those we most care about is the essence of our lives.

The inner track is not like the political “third way,” because we see no need of any state to grant us SANITY and the REASONABLE EXPECTATION of continuing peace. We understand, as perhaps we have never understood so clearly before, due to the internet, that any of those “ways” was merely just another excuse for the same bad crowd of politicians and bankers, speculators and swindlers, to remain running ruining the world. We recognize that SANITY and the REASONABLE EXPECTATION of continuing peace is not something we can ever expect from any state nor from the banks that support and enslave them.

The inner track perceives the possibility of civil society by their awareness of SANITY and the REASONABLE EXPECTATION of continuing peace and NOT the presence or absence of some state empowered in whatever fashion to use FORCE to impose the so called collective will on law breakers. Most people are frankly not so smart as to care to memorize lots of legal material that in any case they usually view as something outside their normal daily life. Again, most people daily go about their business aware of SANITY and the REASONABLE EXPECTATION of continuing peace.

Sooner or later their present system will fail and when it does those aware of the inner track will want as a practical tool a functioning financial system such as that advocated by this blog that will enable us to take care of our own by valuing them to the standards of decency determined by each local community as well as providing a means of real wealth creation. The basic function of money remains the same, a common accounting mechanism. The only question, which will be solved sooner or later, is whose money is it anyway, theirs or yours?

Until then, the inner track advises the pursuit of the double life right up to the point they tell you to risk your life for more of their favours (their money, etc.) in exchange for you to do more evil for them. If you've gotten that far down their public life role for you of giving that much more unto Caesar than that which is Caesar's, then you're probably in great danger already, you and any close to you. Anything from blackmail to “wet work” murder made to look like an accident is permitted them, so far. As we've always and consistently said, best to “walk out and not look back.” It takes a lot to be able to do that. Some are seeking it in a “life in a small house” concept. Very well, here's another perspective, “You say, ‘I am rich; I have acquired wealth and do not need a thing.’ But you do not realize that you are wretched, pitiful, poor, blind and naked.” Figure that out. Most of you do not yet realize just where you are in history or in life. You haven't the slightest idea that everything could change radically at any moment, or however they attempt it, could stay the same until it cannot endure any longer, which could be many years to come. We doubt it, but we don't know.

The dual life is a discipline. It promises a better life than life on the outer track that's open to everyone and anything. As we say, that outer track is like the broad way that leads to destruction. They even prefer that you accept the philosophy of the cynics; since destruction (death) is inevitable, why not only accept it but welcome it? Most are unaware that ideas behind The Grateful Dead, etc. were hatched in an elitist association called Tavistock. Tavistock like Woodstock, like stock (what one has), like stocks that imprison people, like stocks on an exchange. Words do mean things and have their weird associations.

But in their private life everyone might be a magician or an artist or occasionally a musician. Our lives could be an exchange of life and beauty for ourselves and our families on an earth of resplendent abundance to satisfy everyone. Without their system, there would be no money for weapons of war. People could enjoy SANITY and the REASONABLE EXPECTATION of continuing peace. You are reading this. Now you know. Nothing is accidental.

Merry Christmas!

Current Hypothetical Value of a Hypothetical Value Unit

[17 December, 2015: Someone thought this appropriate;

Every soul must be subject to more powerful authorities. Since there is no authority except from God, then those who are, by God are they appointed. Consequently, one opposing the authority has opposed the ordinance of God, and they who are in opposition will themselves receive judgment. For rulers are not a terror to good work, but to evil. Now do you desire to not be fearful of the authority? Practice good, and you will have approval from it; a servant of God is to you for good. But if you practice evil, be fearful; for not without purpose will he bear the sword, indeed a servant of God is an avenger with wrath to he who has practiced evil. on which account to be subordinate is a necessity, not only because of indignation, but also because of conscience. For this reason also you pay tribute; they are ministers of God, obstinately persisting in this same thing. Therefore render to all debts: to whom tribute, tribute; to whom taxes, taxes; to whom reverence, reverence; to whom dignity, dignity. You owe to no one anything, except to love one another: for he who loves another has fulfilled the law. Romans 13:1-8
We remind everyone that this blog does not exist as a bureau or context for any violent reactions against any authorities. We criticize whilst we may and draw conclusions as they are afforded us, otherwise we live our own lives in SANITY and the REASONABLE EXPECTATION of continuing peace and do our own thing, always aware of their power and with a decent respect for that power. Peace.]

[19 December, 2015: In discussion, it was suggested that the ethics involved in the Inner Track observation could as easily be understood without a particularly Christian context, as for instance, in Hinduism the concept of Maya or illusion being the path represented by the Outer Track and the decision to accept the way of the Inner Track is like adopting Dharma as a fundamental basis of your life.

However approached, we appreciate the potential usefulness of the concept: it should never fundamentally compromise the integrity of an individual in their motivation to do anything. Dharma is seen as interconnected; people dealing honestly and well with other people, work as having a spiritual component to it, etc.

It also came to my attention that for those who felt this piece was in any way radical, that they should hear Larken Rose hold forth and then decide. His awareness is valuable but our prescription is tame compared with his; we counsel a parallel strategy not an adversarial one.]

Monday, October 26, 2015

#64 The Calculation of the Valun

We present an example of how the calculation for the proposed international standard value unit (Valun) is made:

On 10/22/15 the closing spot price for an ounce of gold was $1,165.65 : our acceptable bid price was as high as $1,457.06 : the closing spot price for an ounce of silver was $15.85 : the acceptable bid price for an ounce of silver was as high as $19.81. We'll call our acceptable bid price of $1,457.06 the Current Bid Price or CBP.  On the day of Valun inception, 11/2/11, that same amount of gold would have been $2,160. We'll call this the Inception Bid Price or IBP.

So, all one needs do is divide this CBP by the IBP. One gets a figure which one then multiplies by 1,000 and that's the current number of Valuns one gets for $2,160 

$1,457 / $2,160 = 0.674565972 x 1,000 = 674.57   Understood?

This 674.57 indicates that $2,160 on 10/22/15 buys only 674.57 Valuns compared with 1,000 on the date of inception 11/2/11. This represents a deviation from inception by 33%. Your dollars have lost approximately 33% of their purchasing power against the proposed Valun since its proposed inception on 11/2/11.

What was the thousandth part of $2,160 on the day of Valun inception? It's $2.16 and this serves as the lowest point that any proposed Valun would fall in value measured in dollars regardless of how many Valuns are currently issued, which cannot be known -and does not matter- because the numbers of issued Valuns are cancelled as soon as the issuer takes back the Valuns he/she has issued. This is a key element to the “credit clearing” nature of this monetary system. We'll call this the Valun Inception Price or VIP.

So then, the CBP to IBP relationship allows us to get the following figures:

The thousandth part of the CBP is $1,457.06 / 1,000 or $1.46 which represents the amount of inception dollars in the current Valun or the portion of the current Valun represented by inception dollars. This does not represent the value of a current Valun. We'll call this the CGP or Current Gold Portion because we based our initial transaction on a particular date in a fungible ounce of gold bullion set equal to 1,000 Valuns. We know that the Initial Gold Portion or IGP would be 1 representing 100%.

The CGP represents the deviation from 100% as the dollar price of gold continues to fall. If it goes over 1 (which it has done briefly during our multi year experiment) the proposal is that the initial inception value be raised to whatever becomes the new high for gold. Should gold go stratospheric, everyone will know that the dollar is finished as viable money. But the Valun would have glided right up there with gold and remain perhaps quite hard compared with any other currencies, should any still exist if that gold apocalypse were to happen. The Valun's inception price would start at $2.16, but could be raised as gold were to rise to $4 and $5 dollars or even higher and what this would do is cause all Valuns anywhere to instantly preserve their purchasing power with the rest of the world.

We do not believe that gold going stratospheric is likely as there is plenty of gold circulating as it is. We do think that should gold become unobtainable in dollars, that such an event would likely collapse the dollar. We do not see any other currency surviving such an event. We seriously doubt the viability of Bitcoin under such a catastrophe as that is a commodity based monetary system the basis of which is entirely wrong as has been long proved throughout recorded history. Our proposal remains, as E. C. Riegel would have wanted it, to be a parallel monetary system to the existing ones. It is hence required to have the proposed Valun make sense in both the precious metals and all the other principal currencies, else no one would have any idea how to price things in Valuns. There are no tricks having to do with commodities at all in any really honest monetary system. The commodity based money systems that we all must live with operate under the basis of wagering, corruption, agendas, commodities monopolies or transport, trafficking in hot items such as human beings, arms, drugs, etc. etc. as well as all the useful purposes for which we all need money.

From a CGP at $1.46 it can be determined (CGP / IGP : $1.46/$2.16) = .67 : 1 - .67 = .33) that a 33% deviation from inception has occurred. The .67 we'll call a CD or Current Deviation and we'll call the 100% at inception the Inception Point or IP.

You also have the IGP of $2.16 which begins with the IP of 1 for 100% or no deviations from inception. If one divides 1 by $2.16 one gets .4630 or the relationship between 1 Valun and 1 dollar. $1 buys less than half a Valun or .46 cends/cento/fen etc. This mirrors the relationship between 1,000 Valuns and the initial $2,160 to purchase a fungible chunk of one ounce gold bullion on 11/2/11.

For 10/22/15 one divides the CD by the IGP (.67 / 2.16 = 0.3123) and one gets the current value of $1 in Valuns, down to less than a third of a Valun. $100 would get you 31.02 Valuns. Consequently one just turns this relationship around and one gets a value of $2.86 for one Valun on 10/22/15. Two of them would have gone for $5.73 current value, five for $14.31, ten for $28.63, etc.

The following represents a history of comparable variables by year from inception to the present.

11/02/11 *** Valun Inception ***
AU closing spot price: $1,738.09
AU acceptable bid price: $2,160.00
AG closing spot price: $33.79
AG acceptable bid price: $42.24
AU 1K oz: $2,160,000.00 
1 AU (gold) oz.@$2,160.00 buys 1,000.00 Valuns (The basis for the entire system, a single transaction on which everything else is based, especially its trading relationships with any other current trading currency and silver and gold, all of which are commodities, whilst the Valun shall never be a commodity, though as affluence among the general public increases and poverty is eliminated, it is likely that the actual number of Valuns in circulation at any time will probably attain a certain regular relationship to world population.  The implication is and always has been that reducing population reduces not only opportunities to attain wealth but wealth itself since all real wealth must provide some suitable income, usually measured by the month.) 
1 Valun = $2.16 
1.00 (100% (no deviation at inception -described as the unique Figure 1 by E. C. Riegel) 
CGP (Current gold portion of a Valun): $2.16 (same number as the dollars in each Valun at Valun inception)
$1 = 0.46296 Valuns
$100 = 46.30 Valuns
1 AG (silver) oz = 19.55 Valuns: $42.24 (1 oz Ag) / $2.16 (V1) = V19.55
1 Putin Crimea Medallion (silver) = 628.67 Valuns (V19.55 x 32.15) 
1/2 Valun = $1.08 (may meet the US and state minimum guidelines for an alternative currency as circulating alternative money - the only circulating forms of Valuns would be checks, the most certified form would be the proposed V-Check which would have an independent exchange specific obverse side and an advertisement for one of the member businesses on the reverse side, these V-Checks obtainable directly through each local independent exchange.  Each V-Check would circulate for no more than 6 months and would upon expiration either be deposited or replaced by then, again all of which may meet present regulations) 
1 Valun = $2.16
2 Valuns = $4.32
5 Valuns = $10.80
10 Valuns = $21.60
20 Valuns = $43.20
50 Valuns = $108.00
100 Valuns = $216.00
500 Valuns = $1,080.00
1g AU (gold) = 32.15 Valuns

11/01/12 *** 1st year from inception ***
AU closing spot price: $1,712.60
AU acceptable bid price: $2,140.75
AG closing spot price: $32.18
AG acceptable bid price: $40.23
AU 1K oz: $2,140,750.00
$2,160 buys only 991.09 Valuns (an oz of gold buys fewer Valuns than at inception) 
1 Valun = $2.18
Deviation: 1% in favor of Valun
CGP: $2.14 (note the difference of .02 from inception based on the fall in prices of the precious metals - therefore more precious metals would be acquired to make up for the loss of purchasing power of both dollars and precious metals against the Valun which must be held stable to its initial transaction basis)
$1 = 0.45884
$100 = 45.88
1 AG oz (silver) = 18.45 Valuns
1 Putin Crimea Medallion (silver) = 593.17 Valuns
1/2 Valun = $1.09
1 Valun = $2.18
2 Valuns = $4.36
5 Valuns = $10.90
10 Valuns = $21.79
20 Valuns = $43.59
50 Valuns = $108.96
100 Valuns = $217.93
500 Valuns = $1,089.63
1g AU (gold) = 31.59 Valuns

11/01/13 *** 2nd year from inception ***
AU closing spot price: $1,310.88
AU acceptable bid price: $1,638.60
AG closing spot price: $21.86
AG acceptable bid price: $27.33
AU 1K oz: $1,638,600.00
$2,160 buys 758.61 Valuns
1 Valun = $2.68
Deviation: 24% in favor of Valun
CGP: $1.64
$1 = 0.35121 Valuns 
$100 = 35.12 Valuns 
1 AG oz = 10.20 Valuns 
1 Putin Crimea Medallion = 327.93 Valuns 
1/2 Valun = $1.34
1 Valun = $2.68 
2 Valuns = $5.36
5 Valuns = $13.41
10 Valuns = $26.81
20 Valuns = $53.63
50 Valuns = $134.07
100 Valuns = $268.14
500 Valuns - $1,340.70
1g AU = 19.65 Valuns

11/03/14 *** 3rd year from inception ***
AU closing spot price: $1,170.15
AU acceptable bid price: $1,462.69
AG closing spot price: $16.12
AG acceptable bid price: $20.15
AU 1K oz: 1,462,687.50
$2,160 buys 677.17 Valuns
1 Valun = $2.86
Deviation: 32% in favor of Valun
CGP: $1.46
$1 = 0.31 Valuns
$100 = 31.35 Valuns
1 AG oz = 7.05 Valuns
1 Putin Crimea Medallion = 226.66 Valuns
1/2 Valun = $1.43
1 Valun = $2.86
2 Valuns = $5.71
5 Valuns = $14.29
10 Valuns = $28.57
20 Valuns = $57.15
50 Valuns = $142.87
100 Valuns = $285.73
500 Valuns = $1,428.66
1g AU = 16.46 Valuns 

11/01/15 *** 4th year from inception ***
AU closing spot price: $1,140.78
AU acceptable bid price: $1,425.98
AG closing spot price: $15.53
AG acceptable bid price: $19.41
AU 1K oz: 1,425,975.00
$2,160 buys 660.17
1 Valun = $2.89
Deviation: 33% in favor of Valun
CGP: $1.43
$1 = 0.31 Valuns
$100 = 30.56 Valuns
1 AG oz = 6.72 Valuns
1 Putin Crimea Medallion = 216.05 Valuns
1/2 Valun = $1.45
1 Valun = $2.89
2 Valuns = $5.79
5 Valuns = $14.47
10 Valuns = $28.94
20 Valuns = $57.88
50 Valuns = $144.70
100 Valuns = $289.40
500 Valuns = $1,447.01
1g AU = 15.84 Valuns

The near current value of the proposed international standard value unit (Valun) is presented here and is updated from time to time.

Monday, October 5, 2015

#0 JFK to 911 Everything Is A Rich Man's Trick

Published on Nov 19, 2014 - "The who, how & why of the JFK assassination. Taken from an historical perspective starting around world war 1 leading to present day. We hope after watching this video you will know more about what happened in the past and how the world is run today."

If this documentary doesn't get you to rethink things, perhaps nothing will.  The only question that remains is what are you willing to do to get free of them?  Starting by NOT taking their money, or more exactly taking YOUR money as well as THEIRS is a start.  Remember, it is this blog's contention that "wealth" is not just "stuff that can be sold" but anything that produces an income.  Therefore all the big "public" corporations represent are "wealth destroyers" not creators.  Whatever you decide, remember that THEY do not regard you as anything but either a slave or a dupe.  You have no other choices in their system as you will never be allowed to join them.

Tuesday, September 29, 2015

#0 Lea's Story - Update

UPDATED 10/9/15
Lea's Story Original Post

This pic is of a piece of paper Lea had typed for her, which explains the crux of her story:

She had a daughter (now grown to adulthood) who grew up with some people, the Skinners in Chico, California. These people sued Lea for back child support and the court fixed it as $500 per month which she could not afford. Lea is mentally and linguistically dyslexic. She can drive a vehicle but can't get her thoughts in order or write anything coherent. Besides this, her right shoulder was badly injured and re-injured by police who threw her out of a public building where she went to get help, so now she can only write with her left hand and she's right handed. The only thing she could do was sell olive oil at a flea market / farmers' market. 

There are lots of people out there like Lea whom society would like to ignore because our mainstream media focus -including on the internet- is on the successful and rich not the poor and barely making it. So since she could not pay the required child support, the court took her drivers' license away! Does this make any sense? Of course not. So where does she live with the seasons changing and in need of warmth? In an abandoned school bus! Oh, it can still run maybe, but who knows? Where? In Oregon somewhere near Eugene. 

Has she been able to resolve this? Not for at least 8 years! She has been without a drivers license for 4 of those years. She has asked the Skinners to withdraw their suit, but for whatever reasons, they have decided not to do so. Obviously, she needs her drivers' license back. How can anyone be expected to make any kind of back payments when they are nearly 65 and not capable of holding the simplest regular job and now are not able to drive? The system has clearly failed people like Lea and now society at large is led to believe that the Leas of this world should just ... go off somewhere and die quietly and not bother anyone else, etc. ... unless of course they are able to do the impossible, pay what they cannot even earn. How many people are eventually going to end up just like Lea?

If one were established, people like Lea could get help in a real alternative money system. How would Lea's life be different if she could survive without their money? She would get a subsistence that her friends and neighbours in Oregon deemed appropriate for her and she could live somewhere other than out of an abandoned bus. We know that Lea is actually lucky. Other people caught in the system may be homeless living under bridges, hungry living out of restaurant or grocery store dumpsters (if they haven't deliberately poisoned them with bleach, etc.) and of course they are unemployable in today's globalist nightmare.

But our concern is with Lea. The Skinners should know better and must withdraw their suit. Lea should be given her drivers' license back right now! She is probably entitled to many state and federal grants in aid, but guess what folks, she is basically too proud and self reliant to want any of that from them! How many out there are like her? All they have left is their self-respect.  But she needs the help or she'll just ... die. Is that the message? If you have nothing left but your self respect, are you to fork over even that to a state so that you must live at their mercy for the rest of your life? It certainly looks like it. Is that freedom? Is that dignified? Do those who actually work for their living actually live lives of freedom or dignity? Just what is this country (or any of the advanced nations on earth) based on anyway? We know: They're based on money loaned at interest, the interest having never been created, and yet people live passively with this con game and some even do well at it; those who accept the cons and are better at conning others than most. Rewarded for conning others makes more money than just buying and selling olive oil at some flea market / farmers' market. A system designed and built by racketeers that has taken over the entire financial world has no concern for a poor woman like Lea.

At this point we are calling on all and anyone concerned (especially in Oregon and Northern California) to take up Lea's Story and spread it all over the internet, into any and every alternative news channel available until Lea gets her license back and is able to get this case dropped. She deserves that much. Anyone wishing to try and make contact with Lea can do so through me.

David Burton

PS from Lea:  "Two days before the deadline to have my vehicle moved, it all fell apart. Well by Saturday night (only one day after the deadline) I scrambled and got it moved into Eugene to a safe but temporary spot. Boy oh boy what stress can do -- I slept all day Sunday! Having no drivers license just makes life ridiculous what is the point."

[UPDATE 9/30/15: To whom it may concern - since you did not identify yourself.  This is a moderated forum and I am its moderator.  I received your message concerning Lea and checked with my sources and determined that your message was MALICIOUS GARBAGE and rather disingenuous at that.  Until I acquire a more advanced cognitive ability?  You have no idea who you are dealing with!  I will not stand for any comments such as yours to ever show up here.  If you wish to discuss this with me privately you may e-mail me at]

[10/9/15: Well, I really relate to Lea's story, Two weeks after I had been in the hospital with a blood transfusion of 5 units of blood, I had an internal bleeding problem that was not diagnosed for years. I was just out of a week long stay at the hospital, where I was given an endoscopy and also had to swallow a huge pill with a camera that took pictures as it went down called a capsolosopy. I was very weak. This had been my second one of these pill swallowing deals and my 6th time for a blood transfusion. Extreme anaemia was common for me then. I had white skin, no energy, lack of breath because oxygen is carried in the blood. I felt like I would fall over, pass out or just have a heart attack, I spent most of my time in bed. I was not able to work. I prayed for relief. The month previously, I had sold my gold wedding ring to a pawn shop for rent, and I did some ebay, and as a substitute teacher I had to leave a post due to this deep illness. I was barely dragging myself around, my meals were cans of food I'd gotten at the local free food center for the poor.

I could hardly shift my truck into gear and drive, and could not walk far, I lacked strength. Finally at night, late, around 9:30 pm, my landlord knocks on the door of my run down apartment behind a restaurant with a 3 day decease order, for me to get out in 3 days or he had the right to have policeman drag my stuff out and put it in the street. I called on friends to help me get my stuff into a storage unit where it remained for over a year. This meant that I was stuck with the few clothes I had with me and the rest were lost in storage.

I found enough money through odd jobs like pet sitting to pay for my storage rent. I lived in my truck, and at friends' houses, moving from place to place until some friends took pity on me and lent me their extra room until I could figure out my problem, which were far beyond, my ability to predict. I was a walking dead, lying down, and barely making a dent on the day. Sometimes I would feel better, I would go about finding ways to bring in money, play my violin for tips, collect cans, take some of my things to flea markets, and maybe sell something on ebay here and there.

I was 59 years old when I finally applied for Social Security Disability and it took 9 months of waiting going through hoops and also being taken to the hospital for 2 more blood transfusions during that 8 month stay with my friends. Once while in the hospital the 6th time for another transfusion, the doctor told me that soon my body would begin to reject blood I'd been given and that would probably end this. I believe that it was already beginning to happen as each time I got a transfusion it was longer and longer of a time that I would feel like myself again, my own system was too strained for building red blood cells and my very bone marrow would ache it was so painful, something no one could understand how badly I ached, it hurt to be this ill. I took vitamins and iron tablets, but something inside was really wrong. I had 2 while staying with my friends. I can't imagine what might have happened to me if I had to live in my truck during those months.

Finally, because of surrendering to my situation, many of us deny that we have fallen so far, Pride is often part of why people get into such disparate situations. asking for Social Security Disability and excepting my position of neediness was difficult. I had after all worked hard for a Master of Arts degree in Educational Leadership, so why couldn't I think my way out of homelessness? And now how would I ever pay my education loans? I was stressed about it all. How would I pay for anything? Due to friendships, where I was very blessed and the Grace of God, I survived this.

I was given disability, and I was given Medicare, and once that was in place they found that I had an esophageal hiatal hernia where my stomach was lodged behind my heart, gaping open. It caused great acid erosion, ulcers and every time I moved, bent over, picked up anything, or exercised, I would bleed internally. This happened to me between the years 2007 thru 2013, when I finally had robotic surgery and they pulled the stomach back to were it belongs. They also took out my gull bladder then. I don't earn much with SSD but enough to just make it through, I also earn money by pet sitting and buying and selling antiques and collectibles, I also make tip money from playing my violin as well and being a penny pincher.

Because of all that, I am in debt up to my ears. Like Lea, I couldn't be without a car or a drivers license. I used my credit to get a huge car loan so I can drive a nice car. Before that, I was driving a dangerous van that leaked gas and made me sick every time I drove it. I also know if I needed to, I could live out of my car, which was another reason I bought it. The huge amount of money I spent on a credit card to keep that terrible van running! It seemed so dangerous and I felt that buying a used car on credit made sense, as I needed to save money on gasoline, and not get stuck somewhere. How in the world I had all this credit I don't really know, it seems clearly a direct answer to prayer, at least I could have my van fixed, unlike Lea.

I want to say that my circumstances might have been far worse if not for good friendships and people who cared about me. My sisters and brother were also very helpful in taking care of me during those really bad times.

After my stomach surgery had healed, my doctor informed me that I needed another major surgery, that would be difficult, for I had a pre-cancerous condition so absolutely it was needed. It's been two years now since my EHH surgery and a year since my cervical precancerous surgery. I am now fairly healthy but am working as much as possible to get my bills in order, make more money, lose the huge weight gain from these years of illness, my twisted aching and painful back from scoliosis slows my pace. But I am so grateful to live in a small studio cabin in the woods.

There are many more people out there like Lea, who for some reason or other have lost their position in the world or were never smart enough to make the grade. There are many who choose to live on the streets. There are many who, due to drugs and alcohol and other bad choices, are living in their cars or under bridges or away in the woods. With the mass of Baby Boomers retiring, there will be many more stories about people who just never worked enough or didn't make any plans for their elder years, or who lost everything too late to rebuild, people whom the general public will have to help, deal with or ignore. I hope that you will not judge everyone you see. Many have had hardships that you might never had endured. Most don't want pity, they just need your mercy, a small act of kindness.

Most of us want to make our own way in the world, some of us just have such big obstacles.]

Wednesday, September 23, 2015

#0 Jay Dyer on "Stupid Libertarianism" Part 2

The notes for this program on YouTube state this: "Jay Dyer joins the show again to continue the discussion regarding "stupid libertarianism" and his article "IQ, Psy-Ops and the Civilization of the Scam." We discuss libertarianism's philosophical shortcomings as well as its virtues. We then move on to discuss why so many libertarians refuse to contend with 9/11 Truth or deal with the large body of evidence showing that there is a conspiracy among the ruling elite to impose a New World Order."

Furthering the discussion, showing that plans have gone back at least a hundred years to reach this point.  Note in all of this all the wars that have occurred since ... well 1900.  We have seen in the meantime the senseless slaughter of countless hundreds of millions of people.  Behind all those wars were the economic factors desiring monopoly and "world order" under their control.
Again, as with so called "conservatives," there are many people who are taken in by all of this because they fail to comprehend other unseen agendas.  Again E. C. Riegel's kind of halfhearted objection to political activism seems the appropriate stance.  We say halfhearted because Riegel's original proposal aimed at interesting elements of the existing order in his ideas, which is and was totally unfeasible.  It will be clear from this discussion that basically all academics have had an elitist bent because, let's face it folks, they were paid by someone for their ideas and their positions of influence.

#0 Jay Dyer on Bilderberg, Corporatism and "Stupid Libertarianism"

The notes for this program on YouTube state this: "Jay Dyer of Jay's Analysis discusses the significance of the annual Bilderberg conference,the development of neo-classical economic theory in light of the trek of western philosophical thought, the distinction between free markets and corporatism, the agendas behind "free trade", and how 'stupid libertarianism' is being used to advance sinister Globalism."

Actually there is much going on here. Jay is tying many economic philosophies together here, and some political ones too, into a rationalized historical trend leading into our time. Some of his remarks run very deep indeed and one would have to have read a great deal to understand the ultimate connections, but they do in fact exist. We regard the Liberatrian position as fanciful at best, dangerous at worst, because it takes no wider purview of the bases from which it derives its ideas (indeed it's more sheep being led to slaughter). Besides all that, Libertarianism clings desperately to one of the two legs of the present banking dialectic concerning money; one either accepts fiat money issued by a central bank at interest, or precious metals, lent to governments and others at interest. Usury is never challenged as a fundamental fraud. Just where the extra silver and gold are to come from to pay off these debts is not of course reckoned with as it has never been done in the entire history of academic economics, hence the fraud that particular branch of learning continues to represent.

Jay makes one fatal error in his understanding of money, his remark that fiat money isn't really money.  That demonstrates the limits of his understanding as he probably still accepts the commodity basis of money in precious metals and shares the hoodwinked assumptions of notorious lying "gold bugs" like Murray Rothbard. It was also worth noting how Jay called out Friedrich Hayek, pointing out that he believed in the inevitability of a world government.  Libertarians should take all this back to their dressing rooms and think about it.

Saturday, September 19, 2015

#63 An Apology To The Elites

My first apology concerns the necessary complexity of the sentence structures used.

We maintain, it can be substantially demonstrated, that the world today is in captivity (you are all SLAVES) to a very evil system, one that is certainly quite old (traceable back to ancient Babylon) and which even today lies very much more hidden than most people suppose (a Mystery).

Indeed, it is customary to assume that certain institutions (BANKS), certain ways of doing things (USURY), certain understandings (the deceits of buying and selling parts of businesses, especially in the inevitable gobble called mergers and acquisitions – which can only serve to concentrate wealth, which as we say must be able to produce an income, or the whole concentration actually amounts to an economic black hole where income actually decreases as wealth concentrates), are as it were, just part of the landscape, as if they couldn't simply be seen for what they actually are, which are phantasms supported by FORCE or the threat of FORCE; the “you will do it our way, or else,” message. The young of today, all around the world, understand this better than most and are already reacting to it. There are going to be a lot of them and they shall have their day, unless of course brute stupidity from the would be rulers and social engineers of this order decide to destroy them, and many other classes and groups of people who they deem to be “useless eaters,” etc.

All for what? To preserve their position, and nothing else.

Our apology consists in this:

Whatever you shall do, whatever crimes you are already part of, be it assured that those of us who have awakened to our true situation, both locally and worldwide, understand that you too are slaves of this same system. It works the way it does, based on the fiction that one can ever honestly ask back more money than was lent because that extra money was never created. The present system actually always must produce a scarcity in money through this process. Money, which could have been merely a natural measure of value each person had as an incontestable right, was turned into something everyone had to have which no matter how much was added to the system was always in short supply. It turned the grace and granting of any exchange into grasping and gouging. The effects have been disastrous in every respect, so much so that people have reason to believe that the spoiling of the earth for future generations is very likely.

Make no mistake, whether the sick dream of transhumanism which will be offered you (we will not accept it because it will be inhuman not transhuman) makes you live a thousand times longer, you will be no happier than it is possible to be as the simplest poorest person on earth. We really want nothing from you. For the time being we are your slaves, most of us don't even know it yet, even now most are asleep.

We understand that you have accepted usury as if it were by nature. But nature really doesn't error and it is known that the system provides ample opportunity for robbery, nay there is substantial evidence of theft of all kinds it provides, perpetrators usually the strong (the rich) of the weak (the poor) or of the community (governments).

Actually, governments everywhere are at the mercy of those behind the scenes: bankers and financiers. None of them in any sense can belong to the people. Governments consist of figureheads whom the media projects (so people know, some people, recognize them) and the fathomless bureaucracy which includes squads of killers with law degrees.

Yes, we know you're out there. I've known some of you too; the ones I've known were pretty solid men too. Actually one of my motives for this blog was that I wanted to help them make the transition from their failing system to this one as a big priority, because many of these men have families and form one of the pillars of our societies (speaking generally of law enforcement everywhere in every advanced country). Most of you probably have no idea how everything really bad in society -stemming ultimately from unemployment- ties back to usury and money, who issues it and why. We apologize for telling you all this, that we're in a hell of a mess and it has to do with our money and who gets to issue it. For America, it has literally nothing to do with anything that happens in politics or in Congress: it has more to do with what happens on Wall Street.

When we see this beast fall, we will know that it was long past time to come out of her: “come out of her my people, lest you be blamed for her crimes.” (Mark my words, there will come a time when anyone who says they worked for Monsanto will be shunned if not driven away. It isn't a threat, I just know how most people will think in that future when everything that company has touched comes back upon it). That's what some are saying right now. You laugh? Some say, “free range slavery? In America? It's all in your mind, pal.”

Nevertheless, there are way too many people without a job and way too many people getting handouts from the state and yet, as if there would be any other way, there is always and everywhere always too little money and any more of it you want is either through some low paying meaningless job or going further into personal debt. In this situation, the prudent stand in place as long as they can, they especially avoid going into more debt.

If most are just staying in place or slowly sliding backward, who are the upwardly mobile these days? Anyone who moves product gets appreciation and recognition. But there are those who made money on money and managed huge securities funds. This is the heart and soul of Capitalism, the belly of the Beast. Hedge fund managing is a kind of work I suppose. I'm familiar with it. But honestly, what good does it do? Some rich bunch of snots get a nice life and spend a lot of money frivolously (none of this is intended in a pejorative way, it's as if I were saying that on a clear day the sky is blue) and then they establish these institutions called foundations that “shelter” their tax and allow them to spend it on their chosen causes and charities. What if these same people, not the rich, but those the rich supposedly helped, were able to demand their own money as a natural right, not a lot of money either, just what the community deemed a subsistence?

Well, where is the money to come from?” you say. “Where indeed,” we reply ... and we all accept the illusion of our money, our monetary system, all the social issues it engenders, everything. We apologize for telling you the worldwide immigration problem would not be occurring under a Valun system. Indeed, everyone would be much happier living right where they were -in peace- because the money to fund the wars simply wouldn't exist! Dozens of other routine problems simply wouldn't exist because there would always be enough money to cause anything to happen that needed to happen directly for the benefit of all the people involved.

Some of you out there, the Johns, the trolls, laugh, and think this is some kind of game (you are a stupid student who still doesn't get the commodity theory of money out of your thinking). You can stuff your laughs! People die every day for this system! It is no laughing matter. Families have been crushed by it. I've known so many cases of this that they are without number. What we need is to hear more courageous commentaries and we have and do entertain their posting here.

Meanwhile, our apologies to the ruling elites and all who help them. We are sorry that you too are slaves of this same system. We want you to understand from a human to human perspective that we understand that most of you are living lives of quiet desperation, just trying to stay in place and are often in fear of any from below your place in society and just as much in fear of those above you to whom you may owe your place. We just thought the time was right to let you know that we feel your anguish.

Perhaps you should push that booze or those pills you take away (you probably already know they're slowly killing you) and decide to take another approach to dealing with your perpetual anxiety, frustration and fear; something entirely different; getting involved in implementing a real alternative monetary system, something capable of ridding the world of poverty and war, and participate as a founder (LOL) of a local independent exchange (IE). Better yet, become a delegate to a future conference to implement the International Valun Exchange Society or IVES. We should set it up NOW, even if it is ... only a test model. Since any monetary system is merely a machine, the new one should be one that turns on when theirs turns off. But it certainly could be set up to run locally in any small community right now in parallel with their machine, as this blog describes.

David Burton

Tuesday, September 15, 2015

#62 What it Means to be Working for Your Own Money

This brief paper is in response to many discussions concerning the relationship between labour and money issuance in this blog's proposal. Briefly restated, the proposal advocates only two ways to issue Valuns; either one works for them, or they are allowed you to issue as an indigent. In either case, the actual number of Valuns will certainly not be unlimited. For the indigent, it will have to represent what the community deems to be a subsistence for themselves and their dependents. Each of those dependents will assuredly be allowed to establish their own accounts, but the details of how this will be allowed would have to be decided by a properly constituted International Valun Exchange Society or IVES.

We proposed that IVES be started two years ago and got no response, so we assume, and the figures support this, that as of this date we have less than 20,000 hits. That means our audience at this point in time is quite small. The motion to establish IVES remains on the table however and when enough interest is shown (e-mail me at we will proceed further.

E. C. Riegel's solution was not intended to overturn society, to change work patterns, ethics, habits or efforts, to do anything other than to provide a money solution that absolutely trumps all others. His ideas of money confronts and destroys the presumptions of the “gold bugs.” All one needs to do is turn Gresham's Law upside down and make it say “the least expensive form of money will drive all more expensive forms out of circulation,” and since that is observably true as well as historical fact, it is established as a true normative law that has absolute effect on the subject of money. Paper is certainly cheaper than metal and performs the core function of money, to split barter between two people in a trade, and of course it's much easier to transport than metal.

People who rhapsodize about the intrinsic value of their metal and think it's the only money are lunatics! They never like to admit how frustrated they are by the absolute fact that all the value of their metal in terms of other money is controlled, not by them, but by people in far away cities over whom they have no power whatsoever. Fact is, at the point of this blog's proposed Valun's inception, 11/2/2011, an ounce of gold bought something like 35% more than it does now, while the Valun held onto that purchasing power quite nicely because it was designed to do so based on Riegel's concepts.

We began with a Valun worth $2.16 and it has now reached a fair trade value of $2.94. It can't fall below $2.16 by design. Should the value of gold suddenly become nearly priceless, something we honestly can't imagine happening, as there really is enough gold circulating around, but should it reach a value higher than at Valun inception, a properly constituted IVES makes the decision to raise the inception point of the Valun higher, by design it can never be set lower, and the purchasing power of the Valun is preserved as this would affect all extant Valuns immediately.

But Riegel's critical objection to gold, “we're pretty sure it's worth something, just not sure what it is,” would have to include somewhat objections to all who subscribe to the “Austrians” or the mainstream Libertarianism. To us, that branch of politics is just another of their dialectics. Rothbard, who called himself an “Austrian” in his economics, like calling yourself a Liberal in politics, fancied that only metal was money and we should return to a system that basically bartered metal. Well, this immediately begs the question, “just how much is your money today in other things?” You see, money seen this way is a commodity and of course the more rare it is the better. The better for whom? For them, not for you. You had nothing to do with it and you never will. You were just trying to use their money to trade something, which might have included your labour, for their money, so you could buy something you really wanted or needed in exchange for your work, your time, your attention, your labour.

To the “Austrians” or Libertarians out there: Anyone advocating usury as allowable in any form whatsoever is our intellectual enemy; they do not see the fraud in asking back that which was never created. The “Austrians” extol the practise of the taking of interest on loans and in fact many have written great papers describing the supposed positive connection between rising interest rates and rates of economic growth, as if financing something and expecting more in return doesn't in fact involve the destruction of wealth (because all true wealth must produce an income) and the enrichment of the few who happen to be controlling the means to issue money ... their money, not yours.

Riegel advocated a monetary system that would run in parallel with their system until their system falls. He never advocated overthrowing their system as he knew that it was based on fraud and would sooner or later fall. He was not some social idealist who advocated masses of people being forcibly moved into places they didn't want to go simply so some splendid idealistic society could be created by some group of social engineers who supposedly think better than the rest of us and therefore should be entitled to tell the rest of us what to do and when to do it. Riegel advocated free enterprise not capitalism. Capitalism is basically the earning of income through usury rather than free enterprise which is making your talent or goods you grow or produce available to whoever wants to buy them.

A free enterprise network that ultimately will use the Valun as money would be called the Valun Exchange Network or VEN. There are some scoundrels out there who insist that both the size of the VEN and the number of Valuns issued must somehow be planned and managed or inflation, social inequality, etc. etc. would be the result. People who think anything like this have clearly not read this blog, Riegel's works or understood that money is NOT a commodity and to the extent that it becomes one, that commodity actually interferes with the setting of prices. We abandoned all concepts of money as commodity when we took up this banner to spread the word that such thinking, which includes bitcoin and any similar money substitutes as sold to the public as scarcities, is bound to lead straight back to so called fractional reserve banking, etc. We need something entirely different. It is proposed to run parallel with their money until their money fails and to ultimately succeed their money.

Money is strictly speaking that which accomplishes the splitting of barter perfectly in half so that society does not have to fall back on whole barter to accomplish trade and its benefits. It doesn't have to have any intrinsic value, that's an irrelevant idea, and one the bankers sure love to use to hoodwink the public, when in fact the reasons for money being scarce are built into the present system so that those controlling the issuance of money always win. In fact the opposite of what you have been lied to think is true; the cheaper the money is, the more it circulates and the better it works as money.

What most people really want is money that doesn't inflate, that preserves its purchasing power so that what one bought today or in 20 years will be about the same measured by the same yardstick of value, which is all that money is supposed to be, a strictly accounting mechanism.

What working for your own money means:

Your own money is that which YOU issue, not someone else with a bunch of pretentious degrees or titles, or some bank. YOU yourself have value in a Valun system. What you choose to do, with whose help and under what circumstances may be determined by other outside entities and there's nothing anyone can do about that. Some state sets the laws governing what kind of job someone has and the taxes one has to pay at whatever pay level in their money. Riegel never advocated fiddling with any of that. Riegel understood the universal scarcity of their money. He reasoned that if workers were paid in combinations of dollars (since he was in the United States and that was their money in that country) and Valuns, which were to be recognized within a small but hopefully growing market, the VEN, that more people could find employment.

Briefly stated: each employed A member of a local IE would have a contract between himself and his employer, a B member of the same exchange. The amount of Valuns paid out would be on stipulated paydays. The entire amount of Valuns paid out on the contract would appear as a credit on the books of the B member employer from the A member employee's first day of work on that contract. This is the self financing of labour concept: the employer is always paying the employee with money that the employee issued in the first place. The employee buys his / her own job. But the amount of Valuns the employer pays out must be factored into the employer's production and price points in Valuns. Proper and simple cost accounting determines how much anyone gets paid.

Parallel pay contracts – paid in Valuns only – would usually run from a minimum 6 months up to some maximum number of years. We'd probably like to see contracts for no longer than five years. Most contracts are renewable.

As for taxes, they must be paid entirely in their money which is thus shepherded specifically for that purpose and all other uses where their money is the only option. For all other transactions, members would rely on their Valuns.

It may take a while for their system to fail but eventually, and we think when it does it will happen rather suddenly and take a lot of people by surprise, and then what will they do? Go back to whole barter with nothing but precious metals into the breach? What's the future in trading commodities for other commodities? We think it's a stone age concept that it's time humanity outgrows before it kills us all. No, Riegel's idea was strikingly different; money as the instrument to settle terms of barter, to split it equally between buyer and seller and nothing else. He never concerned himself with how much of his money would be circulating. He knew already that there is never enough money anyway because human needs and aspirations are insatiable.

Riegel was keenly sensitive to the needs of the poor and unemployed. He knew that these people represented the only legitimate source of extra money that would fuel a sustainable economic growth and that ultimately as fewer people were poor, that this money issuance would shrink. This was and is his frank response to state socialism. It was a radical idea but it has far more chance of actually ridding the world of poverty eventually than any other solution. The only question is, if it was always this obvious why haven't they picked up on it and done it yet? The answer to that is all around you.

Riegel called for a kind of insurance to be set up to somehow manage how many new Valuns would be created by the truly indigent. To me, this was quite unnecessary as long as a set of somewhat uniform standards could be developed at the IVES level. These would have to do with a system of one time pegging of the income stream of an indigent, expressed as a contract between the indigent A member and the local independent exchange (IE). We could peg these monthly income streams to any point in the Valun's term since inception and some would perhaps wish to extend theirs back as far as the proposed date of inception – 2 November, 2011 – an easy date to remember.

Being paid in your own money requires others to recognize your money. It's no good to split barter with unless it is recognized. It should be pointed out that already a proposed International Standard Value Unit, Valun, which is designed to function as a unit of Value in a trade, has already proved its superiority to dollars and gold (silver too) in terms of holding its relative value. At inception, (11/2/2011) 1 Valun was $2.16. At the present time a Valun is $2.94 a gain of 78 cents or a 36% gain. Now, like it or not the other feature of money that people like to have is that it holds its value. The proposed Valun holds its value and it cannot fall below $2.16 without calling for a reset upward of its inception based on a higher price for an ounce of gold. We chose an ounce of gold on the close of business on 11/2/2011 (an ounce of silver too) as a reasonable high point in the prices of the precious metals so that the basis for the Valun in terms of purchasing power would always be above that of the precious metals. So the swings from $2.16 to the $2.90 are the result of the fall in the value expressed in dollars (or any other common currency) of the precious metals. In 2015, the precious metals clearly do not buy as much as they did in 2011. The dollar appears strong, but what happens during a Weimar meltdown?

To stave off such a crisis the present machine needs more debt to pay off previous debt to pay off previous debt which ultimately resides in the governments which can never charge people enough in taxes to pay off their debts. There is usually a bond collapse and then a general collapse where no one lends anyone any more money because either they have none or their money has become worthless. So how to get more people to pay into their Ponzi scheme? They go after the rest of the underdeveloped world and get all those people into their clutches. Of course it doesn't matter. None of these people can save them, because they are too small and too local and too indifferent to their system to even want to participate in it. They must somehow know that it's a fraud. Most primitive people are not easily fooled. Of course they are more easily disposed of and that's the real agenda for the “useless eaters” as these people are usually called by the elites who call the rest of us “the masses,” a phrase I wish our colleagues would cease from using.

I suppose at this time it's OK to bring up one of the reasons why I posted Congressman McFadden's testimonies. It had to do with the banker practise of lending of whatever national money, to foreigners. In fact McFadden described instances of lending done, products produced and sold in foreign countries which never saw entry for any reason into the trade of the United States. The practise of lending the national money to foreigners is like using a franchise -in this case the United States of America- as some kind of assurance to business transactions; that banking (usury of course since only the principal is ever created) can be transacted better in those currencies that can be sold to gullible foreigners as more worthy instruments of trade than any other money. I hope most of you see exactly how this fraud works. It's a fraud to base value on something that never sees entry into the national market represented by that money. But it's done routinely every day of the week and it's a scam that everyone puts up with, until they don't. But then what? This proposal is the answer.

What's anything worth -including one's labour? How does one find out? There are many people involved with planning, budgeting, determining how to do what with what, etc. but when it all comes down to it, each multiple is made up of dozens of individual transactions. We cannot say whether a gallon of gasoline will always be 1.25 Valuns. That's $3.68 right now. We cannot say right now how in the scheme of all that which one buys with how many Valuns per month, per week, per day, etc. what the prices for things will become in Valuns. That's strictly up to how the parallel economies develop; the taxes are paid in their money, the value in Valuns.

This totally private system (no governments or public corporations are allowed as members) is basically an accounting system with the only visible representations of Valuns being circulating checks between members. The cash variety we called V Checks. Personal checks would also be devised and would circulate where adequate trust had developed. The V Check format would be registered with IVES and on one side would have a design specific to each independent exchange or IE. The other would be business advertisements of the various members. Each V Check would have an expiration date six months from its date of issue. If a member has an expired V Check they can get a new V Check or deposit it into an account. The number of designs of circulating V Checks would make counterfeiting any of them a waste of time. They would be available in denominations beginning with a 1/2 Valun, 1 Valun, 2 Valuns, 5 Valuns and 10 Valuns. A Valun is nearly $3. Half a Valun nearly $1.50. 5 Valuns is around $15 and 10 Valuns around $30. Smaller change than $1.50 can be paid in their money as well as taxes. The rest is in your money.

If one has a lot of Valuns and wants to earn more they can always buy something for someone who can't afford it and sell it back to him on terms acceptable to you both. That's basic finance. Where usury departs from honest finance concerns the money issuance. The financier in a Valun system must have all the money up front to finance a transaction.

Let's say Mr. Brown wants a refrigerator selling for 100 Valuns (around $300) but he's only got 25 Valuns today. Mr. Green has the 100 Valuns and buys the refrigerator for Mr. Brown and takes his 25 Valuns as a down payment and gives him a simple contract so Mr. Brown can pay Mr. Green off in time instalments. Let's say they amount to Mr. Brown having to pay as much as 200 Valuns for that refrigerator because Mr. Brown wants as much time to pay off the refrigerator as the present use of that refrigerator offers him in making more Valuns through ... I don't know, selling ice cream or something. It doesn't matter whether someone like Mr. Green gets a refrigerator for its market entry and availability at 100 Valuns whilst a Mr. Brown requires the time to pay for it and ends up paying twice the price Mr. Green did for the identical thing. People use their money differently, simple as that and they should require no interference in their honest business transactions. Notice especially in this example that both Mr. Green and Mr. Brown were using Valuns that had already been created elsewhere. There was nothing about financing this transaction that required paying a percentage fee for the use of the money. That would have been usury as nowhere in the transaction can that fee be traced back to money that had already existed.

So how many degrees of speciality might result from financing of various kinds of business? These finance organizations might be quite small, quite local, specialize in some particular service or thing. They could become diverse entities (usually B members of their local exchanges) that would rise and fall as dictated by economics without disturbing the actual transaction clearing mechanisms of the independent exchanges.

Notice in the above example that the whole concept of how much should something cost being determined by some distant planners is rendered irrelevant and ridiculous. Who knows and who cares? Only LOCAL concerns should prevail as they stand the best chance of satisfying a truly diverse development, strengthening each local economy. We recognize that there are economies of scale for all kinds of products and would like to observe the law of perfect product permeability as far as is possible. But we are proposing to operate first and foremost as a parallel monetary system.

Others have asked how objects of any size or kind can be brought into the VEN and sold for Valuns. Well, how about a dozen fresh organic eggs? A Valun seems a little high, perhaps a half Valun would do. Lots of things will find prices like that because that's what money does naturally anyway; people take a few dollars out of their pocket, understand basically what a dollar is buying now and compare that to what a dollar can buy right now in a variety of places for a variety of things and the choices are made based on these comparisons. They are made all the time in a mindless manner that economists waste time chasing the particulars of. None of that matters. Money is a machine to drive commerce. If it is there and cheap enough, and stable enough, it will be used. We propose that our system be from the outset the strongest, sturdiest, most crime resistant money on the planet. It's going to be our money, not theirs. Eventually if they want any of it, they'll have to join us, on our terms. That is the only real road to independence, freedom and liberty and anything else you're hearing now as a way out is usually wrong and probably bunk. If you've already had enough, I look forward to hearing from you.

David Burton

[9-18-15: I am confused by your definition of commodity money, and non-commodity money. Can you elaborate more simply for me?
Read the rest of this blog, there is more than enough written on here already to explain it, John.

Do you think labor is a commodity?

No and I doubt Riegel would have either. “Human resources” is a department name in any big corporation so obviously they do.

Do you have any plans, if THEIR systems fails before the VEN system gains following?

Personal plans? Those are private. Everyone thinks they know what they'll do when the inevitable comes, but calamities reveal both heroes and cowards alike.

Was the Weimar crisis about inflation? I've been reviewing statements from bankers, and it sounds to me they are more afraid of deflation, and it sounds to me they would very much appreciate IF a Weimar type of crisis would happen, even if such a turn of events appears to be totally unrealistic, at this time. What do you think about that?

Bankers and governments far prefer inflation as that insures more profit more quickly for them and tends to keep business flowing as more people decide to buy something they really want rather than waiting with the expectation that prices will just get higher.  But deflation is a natural result of debt and adding more debt created money eventually brings about a total collapse brought about by governments and institutions of size failing to be able to cover their obligations leading eventually to a general repudiation of all debts large and small. Then you'd see some kind of mad rush back to precious metals whose prices could go stratospheric but only for a short time as there really is enough gold and silver to circulate, but it would mean the doom of over three quarters of the world's population were that to happen and needlessly, all because of money? Will humanity just take it?  I doubt it. So expect some chaos.

Isn't THEIR system, not only in charge of banks, but also in charge of most corporations? Said corporations, are indeed the parties who put together the assets traded in market places that we need, to live, right?
Do you think we can obtain these life essential assets from THEM, for the purpose of running a parallel system to THEIRS?

So, do you believe that the present structure has anything like that kind of monopoly on things yet?  Oh, they'd like it.  Know what mercantilism is John?  Look it up.  Soviet communism was mercantilism on steroids and fuelled by plenty of loaned foreign money at interest (never created) that they had to pay back. But those deals were settled in dirt cheap prices for vast amounts of things like rare earth metals and other materials lacking in other parts of the world. Eurasia was a huge prize for certain banking circles. But they were running two experiments long term (that's like 100 years for a banking establishment) simultaneously. This was revealed by Quigley and Sutton, but known by others. Communism lost because they realized they had to accord the working “masses” some modicum of comfort and freedom to keep production humming along.

Or do you think these life essential assets would need to be put together, from scratch, so to speak, in the VEN system?
I really do expect, John, that people around the globe are a lot better prepared to create, grow, supply, etc. anything they truly need, by themselves without any corporate, government or banking help, when the system fails. I have stories from folks in Argentina as well as stories coming in from other parts of the world that confirm this. Believe me, I have more faith in my fellow individual man or woman than I ever did in some behemoth organization whose size had outgrown its scale but had to be kept in business just to pay off the debt they had incurred.]
[9-19-15: John, the troll, asks whether I'll publish his further remarks since I have blocked him elsewhere. I'll ask others whether I should bother with John. But let's get a few things straight:

One thing I have counselled people to be aware of on this blog and elsewhere is how easy it is to fall into the habit of ASSUMING things and JEERING others. I have also admonished people of true intention to be on guard against those who jeer them. Any time someone laughs at you, be prepared for violence, as they intended that, but so far don't have the guts to do what they are inclined to do. I have sustained much jeering already from people who should have known better. These are not laughing matters. The ideas on this blog strike right to the heart of much that is wrong in this world and aim at a real solution. I advised to let a jeering person know when you have been jeered; let them know you are aware of their jeering and let them know that further jeering will not be merely accepted or tolerated. The best response is always to walk away from someone who jeers you; NEVER confront them. You have the freedom to leave the person jeering you. It may be one of the few freedoms you have left. In this case, John, someone old enough to be my son or grandson, without the knowledge, understanding or experience that I have, often jeers where he frankly does not know much. Should I wash my hands of John? Perhaps it would serve him better. But the actual practise is to encourage them to do as well as they can even when they can never do well. Their works will show who and what they are. John assumes much concerning me, this blog, etc. none of which happen to be true. I am not a paid agent of anybody. This was begun as an act of love and as a hobby. The resources for posting it here cost me nothing but internet access. I live on a fixed income, am retired (though could go to work doing something else at any time and probably will soon) and am legally blind, though I often see plenty. Occasionally I receive valuable comments from elsewhere from people who do understand exactly what this blog's proposal is all about. Sometimes I post their brief comments or questions. Someone like John, a troll, only wants to disrupt, discourage, destroy and dissolve that which he couldn't possibly control, as he has said of himself mighty things concerning his knowledge of “economics” which this blog soundly uncovers as itself a fraud.]

[9-20-15: Well, that didn't take long, this being a weekend too. I got 13 responses to my specific e-mail request which sustained my decision to block John from further postings here. Perhaps this said it best:

John you call him, I remember his name, if that is really his name. A golf professional has the same name, so you do not know. He is nothing but a young punk. I am probably close to his age and have been following your blog since 2012. People my age are looking for hope because there is not much from anywhere at all right now. We do not need to hear from someone who either does not get the proposal or more likely has his own agenda. He is just the kind what likes to screw things up and laugh. I told you he is just the kind that tries to tear down what he does not like or does not understand. Turn your back on him. We will all like it better if you do.

Bonnie in BC Canada]