Before
we get started, we notice again a lot of interest from Russia, if it
really is from Russia. Supposing the interest is from real people in
Russia, then we have this to say:
Friendship and greeting to
all Russians, those whose banner is the wolf of the north, the whelp
of the pack, along with Iceland, leading the way away from THEM (the
usual suspects). Those who are up on their study of national symbols
will pick up the references quick enough. Let's say right now that
we are in solidarity with the aspirations of the Russian people, of
their democratic republic taking shape in today's Russia and we are
supportive of Russia as a sovereign nation and as a people, culture
and language. We are not globalists here.
We
remind Russians and everyone else around the world that we are all
living under a Beast empire that has been in actual power since 1815
which we shall continue to call Mystery Babylon. It is
mysterious, in that it is hidden, it is Babylon in that it is
everything old corrupt Soviet style Babylon ever was and the word
Babylon conveys confusion and that too is all about THEM (usual
suspects).
With that taken care of, it would probably be
best to begin with a reminder concerning E. C. Riegel's idea of one
ledger for the entire monetary system. Right now it is possible
for people to open many bank accounts and only their public
identification shows that they are the same people. This situation
allows for a great many common frauds. So the first thing to
understand is that in the proposed system, there will be many
local exchanges, but they all share the same ledger; all
accounts are on the same set of books. This is done to prevent
fraud. A ledger contains accounts and transactions
against accounts are called journals. All the transactions in
the example involving the accounts of Jack and Jill in the previous post,
represented journals or journal entries. Once again, the heart
and soul of any and all monetary systems lies in the ledger, not the
circulating tokens.
In fact it has been suggested by many that the journal transaction entries that are still evident in ancient clay tablets proves that essentially, all money not only involves tendering of tokens, but the accounting that went behind all that business. Again, it is the accounting, not the tokens that matter and as perhaps THEY may even say among themselves, “the devil is in the details.” One doesn't defeat an enemy by relinquishing a valuable weapon (the invention we call money) to THEM. The fiat to issue all legitimate money belongs to us by natural right! We will have our own money and it will be truly ours not THEIRS (usual suspects)!
In fact it has been suggested by many that the journal transaction entries that are still evident in ancient clay tablets proves that essentially, all money not only involves tendering of tokens, but the accounting that went behind all that business. Again, it is the accounting, not the tokens that matter and as perhaps THEY may even say among themselves, “the devil is in the details.” One doesn't defeat an enemy by relinquishing a valuable weapon (the invention we call money) to THEM. The fiat to issue all legitimate money belongs to us by natural right! We will have our own money and it will be truly ours not THEIRS (usual suspects)!
With
that much said, this time we will focus on more details concerning
the individual A and B member exchange accounts, explain some cost
accounting implications too, so that everyone can see how they can
make money (build wealth) using the proposed international standard
Value Unit or Valun.
This
is not to be some economically disruptive proposal, advocating some
idealistic new social order, some new communitarian social
monstrosity, something that always implies FORCE to accomplish its
totalitarian social objectives. We are not interested in any of
that at all.
This
is a proposal for a monetary system that runs in parallel with all
existing systems until they are no more. It intentionally
promotes wealth (which must provide an income) among its members, and
the proposal implies an eventual renunciation of THEIR systems,
interests and money. The message is “come out of her, my people”
not, let's sit down with our sworn and proven adversaries and
compromise over a nice pot of tea (give up our values and
rights since THEY never give up any of THEIRS which are
presented as a necessary evil upon the rest of society). No,
thank-you!
All
THEY have ever said (or has been said of THEM) implies the necessity
of a state to FORCE THEIR rule and to push THEIR money over on the
rest of us. Using THEIR phony intellectual property law, a legacy
from the French revolution, THEY intend to make all of nature (GMO's)
a means to pay THEM a stream of income on THEIR wealth too, and to
either reduce most of us to extinction or to a kind of slavery that
more closely resembles what passes for life in something like a
Soviet gulag or NAZI concentration camp … or American Indian
reservation or internment camp, than anything even the first tier of
nations has going on right now.
Freedom, is when you can say
what you like, think what you like, do what you like and own what you
want, without asking anyone's permission. It is given written public
utterance in the 1st Amendment to the US Constitution. It
describes in words exactly what your individual will (fiat) is. You
cannot be free without money. Look around you. It is
possible to get away with horrendous crimes and never see justice if
one has lots of money or the connections that provide lots of money
to grease the wheels of the judiciary in one's favor. That's freedom
for the thieves (and worse) who get away with horrendous crimes;
THEIR money gives THEM freedom, while enslaving the rest of us. It
does matter who you know more than what you know
or what you are capable of creating, doing, growing or
inventing.
In order to straighten this obvious crookedness,
ultimately. we do not advocate any compromise with THEM. We view
THEM as our natural enemies. But we would rather not resort to
violence unless it is brought upon us. Considering recent events,
perhaps “first blood” has already been shed, and if not, it is
possible to suggest several scenarios where the merely tragic becomes
terrible and horrible rather quickly. Those who understand their own
fundamental situation with respect to THEM, are going to be better
prepared for what will happen and perhaps very much sooner than any
would have liked to think as well. But anyway, let's get on with it
...
The
nature of the proposed local independent exchanges are as
local associations composed of A and B members. They are to
be individually owned for profit companies. The A members own
the businesses. This is the natural grass roots democracy that E. C.
Riegel understood; an equality among equal individual natural persons
living in a specific geographical area.
Each
local exchange is a separate entity, less than a franchise, more
like an accredited association, functioning under the same rules, so
as to be associated with IVES (the proposed International Valun
Exchange Society which provides some bookkeeping support and account
verification responsibilities, (We already said this is to be a ONE
LEDGER system, so the coordination has to be by the ultimate
identification of accounts as well as the setting and disseminating
of the daily exchange rates for the Valun). For instance IVES will
know the valid account numbers for individual A members without
having to know anything more about the account! This allows
transaction clearing to go on with fair anonymity and allows the
system a natural means of tracking any attempted frauds.
I
think I should point out right here something that is going on right
now among the presently affluent young. They have embraced bitcoin
and other cryptocurrencies thinking they will be able to store away
some purchasing power for the future that some state or its agents
can't get their hands on for taxes. The aware among the young know
damn well that The Establishment is a pack of professional liars and
everything that comes out of THEIR mouths a filthy lie. They know
that THEY are also thieves above all else. So these aware young
people seek to hide as much as they can from THEM and perhaps hope
eventually to “get away” and live as a gypsy or PT; “perpetual
traveler,” having no permanent work or residence, etc. This would
seem to me a frivolous and unrealistic outlook moving
forward.
Though we are in tremendous sympathy with them, they
have fallen for a trap, just as investing in precious metals coins to
the detriment of growing one's wealth (investing in anything that
will build your income) is not a good recipe for success.
This outlook also involves taking on a tourist lifestyle rather than deciding to settle down and take a stake in any local area or raise a family, which has been looked down upon over the past two generations, while nevertheless being vital to future happiness. Multiplied by the tens of thousands, this is not a trend boding well for the future of any stable economy. It is actually symptomatic of the actual economic situation brought about by THEM, THEIR agenda and THEIR money; literal stagnation leading to literal death.
This outlook also involves taking on a tourist lifestyle rather than deciding to settle down and take a stake in any local area or raise a family, which has been looked down upon over the past two generations, while nevertheless being vital to future happiness. Multiplied by the tens of thousands, this is not a trend boding well for the future of any stable economy. It is actually symptomatic of the actual economic situation brought about by THEM, THEIR agenda and THEIR money; literal stagnation leading to literal death.
Likewise
we attribute to THEM the startling climb in suicide statistics among
the young worldwide. Why do they take their own lives? They see no
future for themselves and their prospects are increasingly dystopian.
Understood? This proposal is that important!
A
members are individual natural persons 18 years of age or older
who live in the communities the exchanges serve and have lived there
for at least a year.
You see, we are calling for an end to the “perpetual traveler” as an acceptable economic choice. If you would have all that is really best in life, you would work for it and build it where you are and it would benefit your friends and neighbors. Multiply this affect and economies grow and spread and wealth builds and income is produced. You say that you choose your friends and neighbors on line. I say that eventually the lights go out, the internet becomes either a totalitarian nightmare or goes away. Your friends and neighbors are those people who live right around you, who you interact with every day. All A members must be legally entitled to live where they are as we will not encumber ourselves with illegal aliens.
You see, we are calling for an end to the “perpetual traveler” as an acceptable economic choice. If you would have all that is really best in life, you would work for it and build it where you are and it would benefit your friends and neighbors. Multiply this affect and economies grow and spread and wealth builds and income is produced. You say that you choose your friends and neighbors on line. I say that eventually the lights go out, the internet becomes either a totalitarian nightmare or goes away. Your friends and neighbors are those people who live right around you, who you interact with every day. All A members must be legally entitled to live where they are as we will not encumber ourselves with illegal aliens.
The
FORCED acceptance of roving populations of displaced people is a
state imposed solution. The only real solution to this artificial
and deliberately concocted global immigration problem is to get all
people to return to their home countries and adopt the same standard
money system as proposed here, so we can eventually trade with
each other, but in the mean time, to work out all kinds of parallel
economies in our own countries, where we know the people and
resources there better than anyone else.
The goal is
economic redundancy not global monopolies. Therefore, each
country and even within each country, all the various sub-provinces,
etc. would determine for themselves what it is in their best
interests to promote, produce and build up as wealth, which must
provide income ultimately for all the members of those exchanges.
Each A member must be sponsored by two existing A members and be willing to pay a yearly dues of one Valun in whatever local currency; dollars, euros, yen, pesos, etc. In US dollars, since the proposed Valun fluctuates in exchange between $2.16 and $4.32 (which it can never reach without gold being worthless, an impossibility), the amount one pays in dues is likely to be between $2.16 and $3 or about the cost of a cup of coffee and a doughnut. We want to encourage people away from “the image of the beast” which is the modern media, the electronic snooping, etc. and get back to dealing directly with each other as real natural persons again.
Though they are all to be private, these local Valun exchanges are to be true grass roots democratic institutions. All A members get one vote in the election of all the usual exchange officers (president, vice president, secretary, etc. for whatever terms of office, probably one year) and are considered owners of the exchange. Officers are to maintain the system, not attempt to break its rules to benefit some “special interests.”
No
member may sell their ownership to anyone else. These are not
shares and none of these businesses will be organized as share
issuing corporations, because we do not accept the legitimacy or
ethics of running any state sanctioned enterprise operating under
limited liability or owned by absentee owners. No thank you. You
see, it makes no sense to sell your responsibility. The climax and
fall, as the shape of the famed Rock of Gibraltar, of the age of the
swindling dinosaur, the “too big to fail” organizations and too
damn big for their britches, “public” stock corporations, etc. is
ultimately going to be upon us. The message has been and continues
to be, “come out of her, my people,” etc.
People say,
“nothing lasts forever” and use phrases like that to swindle and
destroy what diligence and courage may have created for example over
many generations of the same family. The results are the emergence
of the very few pillars of local economies and societies throughout
the world. Upon such enterprises, whole communities build the basis
for trade with other places. The producers were supposed to benefit
from this kind of peer to peer networked trade. But clearly the new
thinking is to get oneself up and running and successful enough to
get bought out by one of the bigs and so go out of business. Why?
Because THEY ultimately want none in business but THEMSELVES!
Local charm and local passions? People of diversity enjoying what their particular cultures provide and produce? The powers that be care nothing about all of that. All THEY care about is remaining in power and calling the economic shots for THEIR buddies and cronies. Remember, no matter who you are or where you come from, nobody ever asked you. THEY never asked you what the effects of THEIR policies would have on you, your business or your life. THEY never do. THEY follow orders from certain upper strata of THEM and since you are not in THEIR club, you are prey rather than anything else.
Always
remember, THEY regard you with as much casual contempt as you would
regard a steer ready for slaughter or an annoying bug just flying by.
If you somehow thought you had anything bright or creative to
contribute to THEM in some hope of eventually becoming one of THEM,
consider what I just said. THEY have already made up THEIR mind and
you wont change it at all! All THEY care about is attaining THEIR
ultimate goals which are to subject the entire earth to THEIR
totalitarian rule and ultimately to become gods and fly off planet as
machines believing THEY will get away with it. Sounds absurd now,
doesn't it? But why should it surprise anyone to know that during
the Middle Ages the same strata of people hired people to try and
make gold out of lesser materials? What does alchemy have to do with
modern science? You fill in the blanks, ok?
So,
therefore and to wit, THEIR current proposals are to drive the world
mad until we go to war with each other and take our attention away
from THEM (the previously described who maintain a control over 97%
of the world's total financial resources, expect the rest of us to
get by on 3% and now want to deprive us of cash instruments). Are
you following me?
CASH,
a verifiable token of exchange that conveys anonymity in a sale or
trade. Our proposed circulating V-Check is the answer to this: an
open account circulating check, similar to a traveler's check, would
become our cash instruments. Each and every V-Check would
represent real funds in a real cash account. The moment one
deposits one of these into their own account, the funds are
transferred from the exchange's cash account into a member account
and the check is destroyed! Shredded in fact would be best. We
would have personal checks as well.
Do
you see clearly now, that the accounting is everything and
that the tokens, which convey anonymity in transactions; cash, are
just the circulating evidence of the accounting? E. C. Riegel
certainly understood this.
Intrinsic
value? Coined metal as some commodity that never grows too much?
All of that is meant to allow the centralized speculator class to
make money on money without work (capitalism, which we have
all been brainwashed into accepting as a good thing and synonymous
with free PRIVATE enterprise, when equating the two is an outright
LIE, deliberately intended to cajole lesser mortals into bowing down
to the moneyed classes), so THEY (speculators/capitalists) can
determine the price structures of various things and gain the actual
goods and services for themselves without actually working to produce
them.
These people tend to live as parasites on mountains
of what? Stolen fiat split barter receipts that don't even represent
real purchases or real things or services? Believe me, had I not
spent some time in THEIR system, and had my mentors, and the two of
them had not spent much time in THEIR system, we wouldn't have this
perspective, which is as a matter of fact, both exactly true,
and is an expending perspective among the awakening “masses,” …
er, peoples of the world.
A parallel monetary system?
You ask. Parallel to what? There is no more local economy or so
little left that it is ridiculous. It will obviously have to be
rebuilt and to be rethought as we manage to survive through some very
difficult times ahead. As we have indicated elsewhere, the ultimate
effects of capitalism (the making of money on money without work) and
especially because of usury (the demand back of that which was never
created), the continual devouring process will occur until the
current 97% will become near 100% of all THEIR financial assets.
THEIRS not yours, of course. Then the last snake dies because there
is nothing more to consume and the usury THEY extolled, especially
among the fanciful and cursed “Austrian” economists, will be the
dust of unpayable debt left to consume.
Capitalism always devours its own and is a destroyer of wealth as it destroys income. If you don't happen to agree, you're either just not informed, brainwashed, or perhaps in on any of the many parasitical activities of grifter capitalists, or perhaps even all of the above.
Capitalism always devours its own and is a destroyer of wealth as it destroys income. If you don't happen to agree, you're either just not informed, brainwashed, or perhaps in on any of the many parasitical activities of grifter capitalists, or perhaps even all of the above.
Remember I too was not only heavily
involved in capitalism, I advocated it. But capitalism eventually
requires that all ethical considerations be jettisoned. If you
decide to take up a life as a parasite, just making money on your
money while you do not take any time out of the rest of your life to
produce some good or service for others, then sooner or later you
must lose your sense of what's really right and wrong, because
nothing but making that money on money without work, really matters
to you.
As THEIR control approaches 100%, you may be able to live well this way, for a while. Then too, the terms of absolute slavery will become more familiar to more people. That's what THEY expect. Then THEY will bring in all THEIR socialist ideas, THEIR monthly stipend for doing nothing but being an economic consumer, THEIR money of course. You will be THEIR slave and that means THEY can and will use you in any way THEY feel like; THEY will literally have THEIR way with you. Understood?
As THEIR control approaches 100%, you may be able to live well this way, for a while. Then too, the terms of absolute slavery will become more familiar to more people. That's what THEY expect. Then THEY will bring in all THEIR socialist ideas, THEIR monthly stipend for doing nothing but being an economic consumer, THEIR money of course. You will be THEIR slave and that means THEY can and will use you in any way THEY feel like; THEY will literally have THEIR way with you. Understood?
A
victim status? Is there any justice for those who victimized you?
Oh, THEY want your sympathy (after THEY hurt you), THEY want your
love (so THEY can rape you), THEY want your worship (so THEY can damn
you). And most give it to THEM willingly; the Stockholm syndrome.
THEY know exactly what THEY are doing too. It's almost instinctual
with THEM, like predator to prey. Want to join THEM, do you? You
would have to be a vampire too. Understood? It's the symbolism,
stupid!
It may be that it's too late, as many of the small
businesses and medium sized businesses have literally been run out of
business by the too big to fails, wealth destroyed as income streams
are destroyed, and then eventually the bigs can hardly remain in
business. Why? Too big too soon? To much centralization? Too much
anticipated reward against apparent sales? Of course. All of that.
Goods forced on people who otherwise would prefer something better?
We note that. Bottom line? Too much debt and too little income;
people are running out of money. And it's all THEIR money too isn't
it? Note how prices are rising mysteriously all the time placing
more necessities out of reach. What did you work for? How much work
have you ever been able to do? None of that money is yours or mine,
and precious metals or cryptocurrencies aren't yours either. All of
it belongs to THEM, not you or me because we did not issue any of
it!
So
each A member gets ONE exchange account with three balances in
it:
The
issuance balance will begin at V200.00 (two hundred Valuns)
The
income balance will begin at V0.00
The
escrow balance will begin at V0.00
You
are not required to file income taxes on any money that issues
directly from you (directly from your FIAT or WILL), but, until the
public laws are repealed – which is not the concern of this
blog - you are required to pay taxes on any money you receive as
income. Over each fiscal year, journals to income balances will be
presented to each A member in a report to determine which
transactions are actual income and which are not. For the American
exchanges, the 1099 will reflect the average value of the Valun
from the first valid transaction in any fiscal year, to the income
balance, to the close of the fiscal year. Each A member is
admonished to acquire the “public” money required to pay their
income taxes on all income from all sources of income as the law
– which is FORCE - directs. This proposal is neither a tax dodge
nor a money laundry.
All
A members are able to issue Valuns. B members (businesses,
organizations, usually made up of A members) are not entitled to
issue Valuns.
We
will also have B memberships which are for any private for
profit business organization. B members are not required to pay
membership dues, but all B member accounts must be funded.
B
member accounts have three balances as well; the retained earnings
balance, the income balance and the escrow balance.
An 80% rule would apply to all payroll accounting as follows:
A
B member (business account) is allowed to have an escrow balance
(used for all payroll accounting throughout the system) that is no
more than 80% of the combined income and retained earnings balance.
To have an escrow balance of V1,000 (one thousand Valuns), one would
have to have on account, in either one or both of the other balances,
a sum total of V1,250: (V1,000/.80 QED)
All
B member accounts must be funded. If any fall to below zero,
they are considered insolvent and must close their accounts. It
matters just how one gets a B member business account started/funded.
One could do this any number of ways, but the most basic example is
the family business.
Let's say one has a family of six
people above the age of 18 that are all involved in some way in the
family business. That's V1,200 right off the bat, obtained directly
from the free V200 they each get for becoming a member/OWNER of their
local exchange. Of course each A member might prefer to pledge less
of their Valuns, but this is one source of easy funding for small
businesses.
In addition, we will also allow any individual A
member the right to exchange “public” money for Valuns (not to
exceed certain limits) at the specified rate on whatever date that
occurs and the proceeds in Valuns can be deposited in any B member
account, assuredly into the retained earnings balance
(the capital of the business), as it would be assumed that no
one would place any pre-taxed money into these retained earnings
balances. We are not responsible for determining whether that is the
exact case, of course. As far as any business expenses incurred are
concerned; these are costs of doing business and when the
volume of sales is sufficient, these expenses become valid tax
deductions.
B member businesses may also contract with their local exchange and indirectly with IVES, to have their ads posted on the reverse sides of our V-Checks, which are to be the cash instruments in our system. These V-Checks are printed as numbered blanks that are each posted as open checks floating around with a six month expiration date. The printing is paid for in “public” money and becomes another valid advertising expense for all B members that participate. Our cash instruments become circulating advertising for our business members!
B member businesses may also contract with their local exchange and indirectly with IVES, to have their ads posted on the reverse sides of our V-Checks, which are to be the cash instruments in our system. These V-Checks are printed as numbered blanks that are each posted as open checks floating around with a six month expiration date. The printing is paid for in “public” money and becomes another valid advertising expense for all B members that participate. Our cash instruments become circulating advertising for our business members!
We
want lots of small and medium sized businesses, each being able to
sell a portion of its services or wares in Valuns. We'd suggest for
those businesses already in business that this percentage should ramp
up from the point of membership up to 25% of intended annual
production within a year.
We're
going to take the basic example of what Gordon Long called
capitalism, but is really free PRIVATE enterprise. He said that the
process whereby every successful business grows is where it takes its
profits and invests them back into the business. We say this is
wealth building as the income derived from improved productivity of
all members participating in that business grows to the point where
diminishing returns to scale occurs. I have been in positions
to evaluate and determine whether make or buy decisions are more
profitable for manufacturers. But the real question is whether a
business is selling all it produces and at what retained earnings
results after a percentage of all other expenses are deducted?
Profit becomes a goal for any business up until it reaches that point
of diminishing returns to scale and once that point is reached
sustaining the income of the business becomes more important.
We
have made evaluations in the past that considered all potential tax
and costs of doing business exposure against projected revenue
at 10% for single operators, up to 35% for larger organizations. So
basically one takes a position that up to 25% of the output can and
would be put up for sale in Valuns and that whatever that amount is
in local currency, anywhere from 10% to 35% would have to be set
aside to cover the taxes on those sales.
If
an item sold for $100 and carried an 8% tax, that would be $108.00
while the current Valun might be $2.71 on say 10 October, 2017 and so
V36.90 would equal $100 and if said item were for sale in Valuns it
would sell for perhaps V37 even plus $8 tax. The likely lowest
prices in Valuns for everything would fall to the lowest circulating
V-Check, the proposed half Valun. Think of the half-Valun right now
as a third heavier on average than the US dollar. So maybe the item
sells for V36.50 or V37.50. Meanwhile the tax is still accounted for
locally as 8% of a comparable sales price in dollars or $8 on every
$100 of sale.
As
we said, the first groups of people to take advantage of the proposal
for building wealth would be various craftsmen and craftswomen whose goals
are to free themselves from THEIR system and seek a means of earning
a genuine livelihood away from THEM and THEIR doomed system by
providing a genuine good or service offered for sale in Valuns. There are many retired people
that would benefit from this proposal. There are many young people
just starting out only finding out that THEIR system doesn't provide
much of a future for themselves or any posterity. The proposal
suggests that the means is the contract between you and your local
community. That provides you mutual recognition. We present you
with a framework that is unbeatable as long as the rules are
followed. We present a trading unit or market vehicle for conducting
business that is already proved to be harder than any of THEIR
monetary units including those in precious metals; neither silver nor
gold is capable of purchasing what they did at Valun inception, which
has not changed.
Each
local area will have different concerns, but seriously folks, if we
have a whole lot of people who reach the age of twenty and are
without experience of basic skills, we also might propose that basic
skills workshops and centers for this kind of education be instituted
as soon as there are enough members in each exchange to make them
happen because we will need more people with basic skills on into the
future. Economic redundancy to scale is the goal, not monopoly of
economy by a few outside and foreign players. You see, what each
exchange intends to become is THE local club that all people of any
substance or talent want to be associated with. We will make our own
class distinctions by ourselves without any “management”
assistance from anyone outside who really doesn't know anyway what we
want and only seeks to control all economic outcomes for their own
benefit from somewhere far from the local area each local exchange
would serve.
You'd
walk into your exchange with some kind of badge or key since this is
to be a PRIVATE association not open to anyone off the street. You'd
see signs indicating who wanted what kind of work and they would be
sold to those who would accept payment in Valuns as well as local
“public” money; all as labor contracts within the local or
eventually extended market for talent that would likely develop.
Everything would be figured on contracts and you would be rewarded
for the more of them you complete. There's no incentives in THEIR
system unless you already have plenty of THEIR money or know what to
do to get your hands on more of it. Remember what I put up in front
of this piece. This isn't just about money. It IS about freedom.
AND
it is everybody's right to work out their quest for freedom as best
suits themselves and those in their own communities since we all are
different and each community has different sets of needs. There are
many ways that would be open to earning Valuns. Seeing V-Checks will
become more commonplace especially as THEY attempt to FORCE everyone
into using THEIR cards which are DEAD if and when the grid fails.
So
durability being an issue, what do you suppose is one of the first
things any self respecting IVES affiliated exchange would want to do?
System confidence and energy independence! Each IE would
want to have all its critical infrastructure as simple, reliable,
regulated and durable as possible with sufficient backup and recovery
and all the rest to maintain the single ledger stretched around the
world supported by a loose network of laptops and thumb drives with
off the shelf software and a minimum of custom programming where
possible. The first genuine efforts will concern themselves with
these issues especially now that we are living in a world of
potentially disintegrating social fabric. We will also need to
consult with those who have had experience in the printing business
concerning the best and most cost effective way to eventually realize
the V-Check concept. To those who are still out there selling fully
digital figments of imagination, tell us what you will have
accomplished not if but when all THEIR grandiose schemes for world
hegemony and power fail?
David
Burton
dpbmss@mail.com
[10/16/17:
The proposed international standard value unit or Valun can never be
lower in exchange than $2.16 ever! It can likewise never reach above
$4.32 else gold is worthless, an impossibility.
The dollar equivalent of a Valun will always reflect the inverse of the price of gold and silver; as the price of gold rises in dollars, the exchange value of the Valun falls back toward its exchange value at inception on 11/2/11. Should the dollar price of gold eclipse the inception price of $2,160 (OUR bid to acquire an ounce of gold), then a new Figure 1 transaction involving both kinds of THEIR money is accepted and all Valuns in the system rise in exchange value based on OUR new inception bid to acquire an ounce of gold. Yes, from then on, our money would be even harder than THEIRS, so if the price of gold were to fall again, the cheapness of the gold or its loss of purchasing power is reflected in an even harder Valun; you would need more dollars to buy the gold required to purchase the same purchasing power as the initial transaction.
Now regarding the “public” money: What would happen to Valuns if suddenly THEY went back to a pre-1971 fake gold standard, since THEY still allowed fractional reserve banking? Let's say THEY chose gold at $32 an oz and silver at $5 an oz. The Valun would then be $4.28 and an oz. of gold would only get you V18.52 and an oz. of silver V1.46 so the Valun is even harder than it was before.
The dollar equivalent of a Valun will always reflect the inverse of the price of gold and silver; as the price of gold rises in dollars, the exchange value of the Valun falls back toward its exchange value at inception on 11/2/11. Should the dollar price of gold eclipse the inception price of $2,160 (OUR bid to acquire an ounce of gold), then a new Figure 1 transaction involving both kinds of THEIR money is accepted and all Valuns in the system rise in exchange value based on OUR new inception bid to acquire an ounce of gold. Yes, from then on, our money would be even harder than THEIRS, so if the price of gold were to fall again, the cheapness of the gold or its loss of purchasing power is reflected in an even harder Valun; you would need more dollars to buy the gold required to purchase the same purchasing power as the initial transaction.
Now regarding the “public” money: What would happen to Valuns if suddenly THEY went back to a pre-1971 fake gold standard, since THEY still allowed fractional reserve banking? Let's say THEY chose gold at $32 an oz and silver at $5 an oz. The Valun would then be $4.28 and an oz. of gold would only get you V18.52 and an oz. of silver V1.46 so the Valun is even harder than it was before.
Suggesting
the reverse happens and some skyrocket price for gold is selected by
THEM? Let's say THEY choose $10,000 an oz. for gold and $600.00 an
oz. for silver. The Valun has a new inception transaction since this
transaction is higher than the last inception and no new Figure 1
inception transaction can ever be set lower than the previous one.
The Valun is now $12.50 and a mere half-Valun would be $6.25 and this
is when gold trades for something as artificially set as all the
whiners complain that it is now. We don't even have a reliable audit
of all the gold in the present world markets for it or how much is
actually changing hands. It's all politely held conjecture. Hence,
we question whether something that is “gold backed” matters at
all above the usual trustworthiness of any of THEIR trade
instruments. (Still dealing with dragons and snakes) There will be
agreements involving these instruments, like you get to hold your
gold these represent, but you can't take the gold out of the country,
so you have to leave it or spend it within that country. What is
that? More proof that the thing is really not yours and certainly
not mine either.
With the proposed Valun, you will at least know where all the rest of THEIR money stands next to ours. Why price things in Valuns? Two reasons: first a reliable measure of value that will still be subject to availability and requirements from one local area to another, and secondly to actually measure and determine the degree of inflation and depreciation in THEIR system next to one that is subject to neither.
With the proposed Valun, you will at least know where all the rest of THEIR money stands next to ours. Why price things in Valuns? Two reasons: first a reliable measure of value that will still be subject to availability and requirements from one local area to another, and secondly to actually measure and determine the degree of inflation and depreciation in THEIR system next to one that is subject to neither.
Reliable
price determination is based on suggestion and discovery. Suggested
price is based on what it costs to make a given product amount (lot)
and that includes factoring in depreciation: the first items off the
lot sell for more than the last. It may be as little as a 5%
reduction from first to last or as much as 50% varying from product
to product and including whether product is perishable or not.
Levels of profit are actually minuscule in certain endeavors, only 5%
of revenue, or even less. That percentage shrinks ever farther in an
inflating money. The proposed Valun will have far more stability.
An enterprise with some sales in Valuns may in fact make the
difference between its survival or its bankruptcy, wealth
confiscation, etc.
Above
all, we propose a standard for our money that allows us to exchange
with THEM on OUR terms and to determine once and for all what the
true boundaries of our freedom actually are and have been. More eyes
are opening every day!]
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