The E. C. Riegel Blog: #0: END OF USA Federal Reserve System is a Threat to Western Civilization

Wednesday, November 23, 2016

#0: END OF USA Federal Reserve System is a Threat to Western Civilization

END OF USA Federal Reserve System is a Threat to Western Civilization

We post this as a news item. It represents a certain informed view of our present situation. The only problem is that the obvious answer is right here in this blog and they (all those who appear in this documentary) haven't a clue that actual value resides with US and not THEM. The only thing they get right is the local advantage, which is natural and will ultimately succeed; that which goes up will come down. Oh, of course an endless growth economy is DIRECTLY related to permission of usury in the way it is precisely defined on this blog; the demand back of that which was never created and only applicable to money and the lending of money everywhere. There are alternatives to this kind of financing which eliminate this necessity. The message concerning local communities is essential to the success of this proposal.

Near the end of this, they discuss capitalism. We determined that there was a specific difference between capitalism and free enterprise (private enterprise). Capitalism we maintain is the making of money on money without work. Free or private enterprise is merely everyone's right to attempt to earn a living by whatever honest means. We advocate free enterprise, not capitalism. You can't do capitalism unless you are rich. Those claiming they are capitalists have no idea and of course are rarely that rich. Best.

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Current Value of Proposed Valun

V1 = $2.89
7 May, 2021

$2.59 at 22nd Valun inception 6 August, 2020. The lowest price a proposed international standard value unit or Valun will ever trade in US dollars. If this 22nd inception point is exceeded by a rise in the price of gold in dollars, a 23rd inception point is chosen, always higher, never lower. In this way the Valun maintains and builds its purchasing power. Details in this blog.

Valuns are proposed as alternative currency, not "buy and hold" investments.

NOTE 4/25/21: For about the last week we have observed delays in reporting and closes when they come that seem to attempt to short the markets on gold and silver. Though this does go on all the time, the past week's performances have seemed manipulated. When or if this subsides, this note will be removed. We'll then resume the usual times posted for market daily closes.

SPECIAL NOTE: Each change in the Valun price is updated by hand. Between 5/10/21 and 5/24/21 regular Valun updates will not take place and will resume after that date.