Here is
the first Perspective article.
People
are spoiling for solutions, not for platitudes, not for slogans, not
for disconnected bureaucracies, they want solutions. Charles Ortel
7/9/16
The
heart of the present system is its insatiability. It's about
to suffer a heart attack (which is when your heart attacks you.)
(Some
may get this; there is a deliberate connection between the heart of
the present system and the engineered popularity of giant extinct
animals; dinosaurs. We trust you also understand that the present
system must likewise eventually go extinct. The common understanding
is that these animals went extinct suddenly and so too will be the
demise of the present system.)
This
systemic insatiability, for all that it has anything to do with
power and wealth as it is customarily conceived, is expressed in
the mathematics of usury. This insatiability therefore attaches
to anything usury touches, especially to investments promising yield,
currencies promising a reward for merely remaining idle. We have
more precisely defined usury as limited only to money, where
whether it is of silver, gold, paper or more exactly entries on
ledgers, genuine usury always demands in return that which was
never created, causing deliberate scarcity of money.
Scarcity
of money is also brought about by other things that get far less
attention than they should, such as depreciation, which is where most
money dies. This in turn explains why new sources of money must be
implicit in the design of any supplementary monetary system, else
economies die. Those who teach a metaphor of money as a small fixed
quantity are without truth as all money, all true money is marked as
money, is issued, thence is spent on something and from thence runs
its course until it is spent for something that depreciates almost
completely in which case that money dies.
What
about gold and silver coins? They wore away! The most circulated of
these coins were the most worn (following the inverse of Gresham's
Law) which is the real law: cheap money drives out the more
expensive. The states; then as now in thrall to the banks, taxed
(take back) the money back, so these states wouldn't have to borrow
any more and in any case governments didn't do much more than send
people to go places and kill people. All the other things
governments do now, weren't thought up back then. The state mints
would recast the gold and silver into fresh coins and spend them into
the economy, starting with the same military-industrial complexes as
existed then as now. If the monarchs owned these places personally,
then they took a profit from the making of weapons as well.
But
it's actually worse than that. How about the “huff and puff”
business cycles? We now call them bubbles. How about fractional
reserve lending where we now know that many of these lending
institutions, who all lend what they do not have, are
leveraged 50 to 1!? Who gave them the authority to do all of that?
Why son, banking is older than the American republic. THEY make the
rules and then FORCE others to live by them. Understood yet? It's a
fraud (stealing from everyone who uses THEIR money) protected by a
FORCE that is paid for in THEIR money. So much for democracy, we
live under a financial tyranny. It's one reason this blog is still
up and running; to tell the truth and hope there are still a few
that might listen.
We
have for years been swimming in streams of THEIR money that was lent
into existence from nothing – THEY STOLE OUR FIAT, because in order
to do the impossible, to issue money that is acceptable in trade for
a good or service, that money must be “backed” by something; the
willingness to receive it back in trade for what you sell. This
is the only “backing” any money needs. But all money needs to be
based on a standard that doesn't change. Is that true of any money
out there? No. Why? Because it is all conceived of as commodities
pricing other commodities. Remember, barter has never gone away.
Money is only used to split-barter and nothing else.
One
reason THEIR money is ultimately going to fail is that it is
literally being used right now to allow producers who cannot sell
locally to sell globally while others who have the money don't
produce a thing but live on artificially expensive real estate, etc.
Another reason is that each of these currencies generates its own
pricing of anything available locally where that currency is used.
Then speculators play games and make money on money without
contributing anything of significance, in this case, arbitrage, or
betting on the future exchange rates among currencies. This is
another way to squeeze and loot countries, such as what's happened to
Greece.
And
it's even worse than that: This system, in order to sustain itself,
must devour its own. It devours any and all sources of cash and
resources easily sold for cash. In the process, it pretends to amass
wealth while destroying it. We'll get to this and we hope you see
it. Instead, the present system amasses economic black holes
everywhere, it swallows the future to hold up the present, to say to
the world that a security is valuable when it is in verifiable fact,
worthless. This is the absolute and unassailable truth of the merger
and acquisition business. They'll tell you it is to achieve greater
efficiencies, but in short, it is to save their extended credit. For
if these ventures, some corporations extending back now a few hundred
years, were to fail, so would they, quite literally. As it was said,
For
he who has, it shall be given to him and he shall have abundance. But
he who does not have, even that which he has shall be taken from him!
Matt 13:12
Is
that not happening right now?
So
eventually, perhaps quite soon actually, the system will collapse of
its own weight, inefficiency, illusions, centralization, grandeur,
greed, etc. and go extinct as the dinosaurs. But to those who wield
FORCE, their concerns are similar to managing cattle scattered over
thousands of acres; they see us as cattle to be milked and
slaughtered at their whim. Their job is to STAY IN POWER, so
that upon the commands they get from the money powers behind the
curtains, they can begin to cull the human population as those hidden
powers have long wished, without scaring the majority to revolt.
This is the boiling frog technique. The heat has been turning up and
up all my life and now looking back we can see it. Their plan is
a worldwide concentration camp with most people driven into
overcrowded clamorous dangerous cities, where the squishing and
smashing process will be continued, leading to genocide of various
classes and races that would not easily conform to the
transformations that are currently under way.
But
it's never a good time for them when their financial system fails.
They have to run for it when that happens, and evidence is mounting
they are preparing for this right now. But it wont help them. They
always try to take their gold with them if they can. But it's pretty
heavy stuff to have to haul around a lot of it. They think it's
extremely valuable, but you could sieve it from seawater.
Truth
is, there's actually quite a lot of gold. I saw a lot of it in one
place one time at the Federal Reserve in New York. Yeah, just once.
And there's plenty more of that elsewhere. But does it circulate as
actual coins, as at a grocery store? No, of course not. It sits
around in vaults and they enter numbers on spreadsheets and write
paper receipts for it called notes. If they run a gold standard or
they run a fractional reserve on it - and I do mean fractional –
for every dollar in reserve (depositors' dollars) they lend out a
minimum of nine, and we all know its many times that now - then they
want to exercise their right to usury, which come on folks is nothing
but stealing from the rest of us. As we said, it's asking back what
was never created.
If
it was a 100% pure gold reserve system running usury, you'd best have
to go into the gold mining business or gold assay business and mints
would see more activity and there would be a mad rush everywhere to
find and get more gold. And guess what folks, this actually all ties
back to alchemy and other magical belief systems in the middle ages
and long before that concerning the so called magical properties of
gold. What passes for science and the higher ends of technology
turns out to be an extension of the same; “man attempting to be
God” ideas. Or for some men anyway. But my point is that they'd
do all this just because of gold, not because they couldn't use
something far cheaper and better as circulating tokens of a money
system.
Most
of us would prefer to live quiet, sensible, creative, prosperous and
productive lives, doing things that matter for others as well as
ourselves, NOT having to worry all the time about money and where the
next piece of it must come from to keep the wolves from the door. It
was said pretty much exactly like that too by a close friend/mentor
of mine from years past. He admonished me to beware of the rich.
He didn't mean the usual wealthy “pillars of the community”
types either, oh no. He meant the high and mighty who had so much
money they truly didn't have to work. It was something similar to
much from the advanced pen of F. Scott Fitzgerald. I have an obscure
and famous book on the subject I've not read yet and have of course
met with many reflections on the numerous dangers of sharing company
with the rich, but my friend's stance was above adamant. It was a
matter of trust to him. The man with insatiable appetites who
already has much and more shall be given him, might just as easily
turn on you and consume you, then toss you aside as some used napkin.
It happens all the time; more often than most even know.
We
are all aware of the attitude. A few have made contact with it at
first hand. Some famously write of it as class conflict. It needn't
be, if the economic rewards were honestly acquired. In times past,
the monarchs ruled and could and did give to whom they would. Such
is the case today, even under more democratic or republican or
whatever political fantasies. All that is mere fronts for the powers
behind the scenes that run it all through their stolen fiat and
usury. Once you have looked into this all long and hard, you cannot
accept a lesser conclusion.
But
let's be honest. We know in our day to day lives how to recognize
SANITY among our fellow humans and most of us live in the REASONABLE
EXPECTATION of continuing peace. We know that there is not a thing,
nothing, absolutely nothing, that can overcome the present system or
where it is headed. The sane thing to do is to expect its collapse
and then what? Ask them for more money? Are you insane? Would you
take any more of it from them after their last batch turned out to be
toilet paper as in Venezuela and soon some other South American
republics? Meanwhile the prices rise and the money becomes ever more
scarce and must be scarce on purpose, because it is loaned into
existence and the money to pay back the debt for borrowing it was
never created.
It
is also said,
You
come out from her, My people, that you should not partake in her
errors, and that you would not receive from of her wounds Rev 18:4
It
says more too. You notice I use this phrase a lot on this blog.
Though he may have suspected it, E. C. Riegel can't have expected it.
He saw his solution as a remedy for THEIR system. We do not, as
their system is not, has not been and will not ever be ours. It is
revealed for most to see that it is built on frauds, lies, deceit,
special privileges, rewarding the wrong and thwarting the right, etc.
But
the reason I use it is that another friend / mentor of mine, a well
known to some, British financial publicist, used it in reference to
finding another monetary solution. In 2009, he basically set me on
the course of discovery with reference to these words and others, a
few months before his perhaps untimely death.
The
first rule is to do no harm. The second is to be scrupulously honest
as you can, especially when it comes to business. The terms of trade
are as they are from day to day based on supply and demand. Limited
quantities of production with more economic redundancy and better fit
to activities adhering to natural efficiencies to scale, are
preferred solutions. Gargantuan, one culture and product line fits
all, produced at efficiencies to scale that completely outstrip
demand so as that excess product actually has to be scrapped? Are
you kidding me? This is what the present system in its insatiability
does. It wont be stopped, it can't be reformed, it will merely
plunge on to its eventual demise. It's been long time to be leaving
it. To form something else. To form something of our own.
Meanwhile,
how many neighborhood jobs might be paid in Valuns? Phrases like,
“just give me 2 Valuns,” might swing plenty of small jobs that
would mean quite a difference to your friends and neighbors who you
have to share spaceship earth with. Give them something to buy with
their Valuns too, paying taxes in dollars or whatever the brand of
THEIR local money happens to be. We'd probably see the recycle
markets dealt with first. As their system collapses, we'd take over
what falls from them. It's really that simple. Once we have our own
money and system, when their money finally does fail, or their
political fronts first, we will still have money; ours.
When
I was a boy, I thought of becoming an architect, a little later an
artist, a painter. A little later, when I could play the piano well
enough, a musician. I thought at one time I would like to be a
teacher. At three times in my life I was offered an avenue toward
becoming a lawyer. I always scored high on matters concerned with
the law. I scored in the 93rd percentile of the Graduate
Record Examinations in the year I took it. I took many other civil
service tests. I got offers from various sources within the US
Defense Department. Finally I got a phone call from a man offering
me a way into computer programming and I went for it.
At
the end of 20 years in corporate America, I went private and worked
for a foundation and managed some money. I have been “retired”
for some time and now am an official senior citizen. I had a
reasonably good career and most importantly met some powerful people
and have seen some of the inside of the system. Believe me, there
are many very good, well meaning people involved in all of it, often
incredibly unaware of what they are doing or why they are doing it,
except to get those dollars. As long as life looks good and
prospects favorable, people don't complain. We have been very well
trained not to complain. The conditioning has worked. We know what
it means to recognize SANITY and its absence without much doubt and
generally prefer living with the REASONABLE EXPECTATION of continuing
peace. Notice, I do repeat things, phrases, words, etc. because I
did want to be a teacher.
“So
then, professor. What do you profess to know?”
The
professor turns and says, “To observe well is to know,” and
continues with a smile.
Let's
get back to the basics. Reference will be made especially to the
proposed Valun system but the concepts are general enough to receive
wider reception and relevance:
Work
– TIME out of one's life to earn barter for necessities;
food, shelter, clothing, etc. determined in whatever money one is
paid for one's time. All the rest of the time you have to be alive
is yours, including the time you are literally asleep.
Wealth
– Anything capable of producing income. If it doesn't provide an
income, it aint wealth, it's just stuff. Wealth MUST produce
income.
Value
– What is capable of being priced for sale in money. Higher value
is priced above lower value.
Commonwealth
– The local area where people actually live as the common
wealth which can provide them an income to support and sustain their
living there; synonymous in some ways with community. Notice please
that this means it will always take many people to support a viable
monetary system.
Money
– (one eye) The accounting mechanism (machine) used to
split-barter. The third party in any transaction using it, applies
equally to all so called crypto-currencies: a purely accounting
mechanism (machine) consisting of account ledgers and tokens
used as a convenient medium of exchange chosen to split barter
between buyer and seller who both belong to a commonwealth accepting
its use. (Wow, I repeated myself a lot there. The concepts are THAT important!)
Commodity
– Anything that can be quantified / counted.
Income
– A return from wealth, measured in money.
Expenses
– Value expressed in money expended to stay in business.
Assets
– Acquired stuff that can actually produce a return on the Value
invested in it. Anything that can be easily sold for money.
Liabilities
– Debt, usually in money rather than whole barter, acquired through
honest transactions to remain in business.
Profit
and Increase – Any money left over after paying expenses from
income, usually calculated on a monthly, quarterly, yearly or
multiple year basis. Note: This does not include regular payments to
support a normal level existence; the monthly recurring costs of
maintaining a living standard, but rather only that money left over
that was not regularly spent, that is saved over into the next time
period.
Savings
– Accumulations of money left from clearing expenses with income.
Liquidity
– The ability for Assets to be easily sold for money.
Solvency
– The state of all current expenses covered by current income.
Subsistence
– The right of the poor to issue Valuns based on the rules agreed
upon by the local community; based on the local minimum wage in the
currency of the local area. Usually determined by the week or month.
This feature regarded as “Natural Socialism” to us. It is our
intention to have communities that are prosperous enough to eliminate
poverty such that none will need to resort to this feature, but it
would be there just in case.
Value
Unit; Valun – The proposed international standard Value Unit or
Valun represents the thousandth part of a transaction involving 1 oz
of gold bullion = $2,160 on 2 November, 2011 (11/02/2011). At
inception V1 = $2.16 and right now (7/17/16) to purchase at fair
trade, that transaction would be $2.65. The Valun is designed not to
fall below $2.16 in exchange with the dollar. For all other
currencies, they would start from the day of inception and calculate
what their own local currencies would be equal to an “in your
hands” price for an oz of gold. They would calculate the
differences between those prices and today's prices to obtain how
much in their local currency would purchase a Valun. We did some of
this for some time a few years back, but have discontinued the
practise simply due to lack of interest.
Market
– Places where goods and services are offered for sale for money.
Formerly without money, such places used whole barter, which was and
is time consuming and inefficient; why money was developed.
Money
metaphors to Energy:
Particularly
electrical energy - It is issued, it is spent for something,
exchanged for split barter, whatever is purchased is capable of being
re-sold for less than new and each time that happens more money dies.
Money thus runs a one way course through an economy
from its birth to its death and as a part of its vital contribution
to human civilization must be resupplied on a regular basis or
economies die – or at least revert to local whole barter which
is a return to times when human life is universally nasty, brutish
and short. Money circulates but ultimately dies in depreciation.
What
about precious metals? They are a commodity that can be almost
infinitely measured. The role of precious metals in money is
precisely that they can store relative Value in a small space.
Precious stones do so as well. Those who deal in them regard them as
portable real estate, literally. Think of a piece of genuine
jewelry as able to place a nice down payment on a piece of real
estate and you have a perspective on how things are.
When
you settle a barter deal using precious metals: you worked for
dollars and spent them for metals. The dealer you bought your
metals from at the price you bought them becomes your third party
in any transaction involving those metals, as he/she was indirectly
involved in any eventual transaction at the exchange in dollars for
metals. But in fact, it was not merely they who were parties, but
those who actually set the price of the precious metals that resulted
in the final price for actual possession. So now you have your
metals and you buy something with them. The person accepting your
metals may need to sell some or all of them to obtain money in
dollars to settle expenses including replenishing inventory.
Force
– Money available to be spent. Many have heard of pools of
liquidity. Money issuance is the fundamental of the force of money
which is why the preponderance of study has been devoted to this
subject. Money issuance, how much and by whom determines at least
the starting line of how much (yes, a commodity that can be counted)
of money is available at any time. In the Valun system, this
fundamental of how much money is available is directly determined by
how much any members are willing to work. See the self financing of
labour on this blog.
Current
– A recognized standard as a medium of exchange. The proposed
international standard Value Unit or Valun has anywhere and at all
times a known purchasing power. There are no exchange rates to
consider and all prices for anything are settled with reference to
the relative availability (supply and demand) of services and things
in each local community.
Resistance
– Prices above which nothing moves.
Insolvency
+ no liquidity = bankruptcy.
“Professor.
What's your reaction to having gold priced at $12,000/oz and what
would that do to the Valun? Would you continue your experiment even
if some other currency gains such ascendancy as to displace the
dollar in pricing gold?”
Your
questions are appropriate. Here's what we do. A new inception date
begins with any increase in the price of gold over the previous
inception date. It never goes back down, never. As for the first
question, we would have to be willing to pay $15,000 an oz to
actually possess any gold at that price. That would put the Valun at
inception to $15 and 1 fen/cento would be worth fifteen cents
American. If the price of gold falls in dollars, the Valun rises.
It never falls below its new inception and all Valuns out there
immediately rise in value. Any V-Checks would be a V1 at $15, a V1/2
at $7.50, a V1/4 at $3.75, a V1/8 at $1.50. If the price of gold falls
below inception, the Valun rises against it as the Valun does not
move, THEIR money does. But if gold and silver ever get this high,
then the dollar is pretty much toast.
Now,
if the dollar becomes toast as far as pricing precious metals is
concerned, then it has reverted to becoming a local currency itself
and anyone tied to it becomes … enslaved in fact more than they
already are, in fact enslaved by using it. Debt cancellation is
HIGHLY likely and in that case we may be in very serious trouble. We
certainly have told you so.
Here's
an idea. We must get the proposed International Value/Valun Exchange
Society (IVES) up off the ground. We are not ashamed to admit we may
need to raise money (yeah, some of THEIR money) to launch this.
Perhaps crowd funding of a modest kind might be necessary. But for
what? For advertising. How are we going to reach those who need to
be reached who are often or mostly off the internet? This will take
printed materials. That always costs money, THEIR money.
Finally,
we especially need to re-assert that our fiat has been stolen from
us. This blog's Valun proposal gives us a way to deal with all of
THEIR money including precious metals. If we don't; If we do not
re-assert it, our right as individuals to issue our own money, then
let's face it, we are not only slaves of the present system, we are
willing participants in its crimes.
David
Burton
dpbmss@mail.com
Current
Hypothetical Value of a Hypothetical Value Unit
PS:
I thought I'd give you some visuals. These are examples of what some
pieces of paper that were circulating money looked like. The real
examples of this paper money are valuable collectibles nowadays.
That goes for any old paper money from just about any country.
People collect it like some collect postage stamps.
BTW,
the pictures I've already peppered through these Perspective articles
could just as easily be pictures used on your own money if you lived
in the particular area associated with them. What any community
decides to put on its money is pretty much up to them.
Gold
Notes:
Gold certificates - Now
you'll probably hear of “gold trade notes” which are really the
same thing. These gold certificates were used so that traders would
have greater assurance of being paid and not cheated while their
goods were en route aboard cargo ships, etc. Presumably the
settlement could be made in either some equivalent of the paper
dollars or in gold coins.
Silver
Notes:
Called
silver certificates these performed the same function but in silver. It
could and did happen that whole economies were based on these notes.
But of course they'd only be as good as that the institutions with
their names on them were holding 100% reserves and not running some
lending money they didn't have fractional reserve financing.
What were the chances of that ever happening? You guessed it. NO
guarantees at all. You want to play “chase the gold or silver
coin” when you flash one of these so imprinted pieces of paper in
front of some clerk? I doubt it. But it bears asking if such
schemes eventually went bust before, and they did, what's to ensure
that such do not fail for the same reasons again? That's right,
people are inherently greedy and untrustworthy and would rather have
without working, etc. We know all that. It only points out the
idealism some have to want to return to a past solution that was
honestly no better than what we have now.
FRNs
of unusual size:
That's Madison on the $5K note and Salmon B. Chase on the $10K note. A
few who worked in banks may have run across these maybe forty or fifty
years ago. Those that may still exist now are collector's items.
Designs
for local V-Checks:
You
have seen a few scattered in these Perspective articles. They could
be as diverse as you please as long as certain basic requirements for
size, design and quality are followed.
Was just curious. You included all those pics of their money to show us how stupid it looks compared with your naturalistic designs? If so, I see your point. Their stuff always looks base and crude. We could make ours look much better. Dave Kansas
You have some idea what we could do. But of course, we must get ourselves together and get organized and enthusiastic about the prospects. These are economic lifeboats we're advocating here, a very bold and radical step, but one long overdue.