Catherine Austin Fitts - Government Taking Massive Amounts of Money Dark
This is a significant conversation. Notice the things she says about gold. Notice that she says that gold isn't really wealth because it has no income (she calls it negative cash flow). There is no reason why Catherine would not agree with everything we have pointed out on this blog. Notice what she says about community currencies as being capable of building wealth. Notice again what she says about the role of gold, still THEIR money, as regards any future community currencies. This is why we chose gold as the basis for our initial transaction basis for our proposed international standard value unit or Valun.
There is no substitute for precious metals as a means of exchange for ANY of THEIR money for ours, period! Do you want your money to succeed or is this just some silly game? Those who have held aloof because we mention gold, silver, etc. are left behinds to begin with and if THEY have THEIR way, we're all perpetual debt slaves through the governments which THEY have long corrupted. So, say, as THEY will, that our money isn't worth anything, and we will say, try buying any of it without silver or gold! WE not THEY determine the exchange rate because the initial transaction basis for our money, does not change, while gold, silver, dollars, euros, yen, rubles, yuan, yen, etc. will change because they are all commodities based and subject to speculation, none of which we control.
So, the present value of a transaction on 11/2/2011 that was $2.16 is currently $2.79 [11/23/18] and should the price of gold rise above inception, a new inception is chosen higher, never lower than the previous one, and all Valuns assume the same exchange rate thereafter.
If gold rises above $2,160 per ounce to hold, not spot, then the new inception point is announced through IVES (the proposed International Valun Exchange Society) and all Valuns assume that exchange with THEIR money. For example, let's suppose that the price of gold goes to $3,000 an ounce. The new inception becomes $3 = V1 and then when the price of gold falls, as it usually will, the Valun just gets heavier against dollars and gold because it takes more to buy the present value of the initial transaction.
We're saying that the Valun will be worth holding as well as worth spending, else we would have just gone with one of THEIR commodities money models and been back in the same dire places we are now with all THEIR money. Also, since this proposal is neither a tax dodge, nor a money laundry, there is no exchange back into any of THEIR money. All our money will pass out of existence through depreciation of assets as it does with all money. Those not getting this important fact can consider themselves economics dunces.
Now of course, someone within the Valun community may be willing to sell you some gold or silver for your Valuns and those can be cashed back into THEIR money, but the chances to earn any extra purchasing power this was are strenuous and limited. At Valun inception back at 11/2/2011, an ounce of gold would have cost 1,000 Valuns, but right now that same ounce of gold will only be offered for around V706.60 because that's all gold is worth to us on 11/24/2018. An ounce of silver gets around V6.36, not its original V19.56. It's still THEIR money, whereas the Valun has not moved.
What is anything really worth? It changes from day to day. But we would appreciate using a standard of reference for our money that does not change. With other serious flaws in THEIR system which this proposal has deliberately chosen to correct, we feel secure in presenting to the general public the only serious way out from under THEM. Understood?
