With the Dollar Dead What’s After the Fed? We Go Global or Go Local – Special Drawing Rights (SDR) or State Bank Initiative (SBI)
http://sovereignthink.wordpress.com/201 ... -go-local/
It will either be accepting the Fraudulant Quadrillions in Global Banker Debt and Going Under IMF/UN Regulation, Austerity, SDR mandates and Global Carbon Taxes
or
It will be everyone accepting the Debt free, interest free federal greenback with a low fixed rate (interest and printing rates) as well as New State Owned Commodity Banks and State Commodity Depositories
The State Banks Commodities and State Commodity Depository Act
Ron Paul at the Head, What’s After the Fed, Global or Local
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sovereignthink
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- Posts: 31
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davedan
- captain of 1,000
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Re: Ron Paul at the Head, What’s After the Fed, Global or Lo
Let's follow the Constitution and let the US Treasury create or "coin" all the money. Your "go global"/"go local" scenario is a false dichotomy. There is another choice. Part of the economy needs to go national, and the other part needs to go local.
NATIONAL
1. Let a portion of the money supply (m0, m1, m2) representing circulating money be backed by gold and silver. The US government may need to nationalize gold mines in some way because the global elites have a deBeer's-like monopoly on gold and have been withdrawing it from the market to keep prices artificially high, and to create artificial scarcity. In exchange the US could give back all federal lands and other mineral rights to the States.
The US TREASURY must create all the money in our economy. This means a conversion from Fractional Reserve Banking to Full Reserve Banking. We can't allow banks to create 90% of the money supply out of thin air.
LOCAL
2. Let m3 be money created by the US treasury that is used by local and state banks to issue no-interest, fee-based loans for non-depreciating assets like land, and real-estate. A person is able then to get a loan, pay a fee (loan origination, monthly service) which generates revenue for the bank and the federal government as a "voluntary tax" but the borrower builds equity from day 1. IF the borrower fails to make a payment, that payment is deducted from his equity in the asset. Thus the loan becomes a reverse mortgage at any time.
Banks would be FULL RESERVE as deposited money would not be used to make new loans. All new loan money would come from the US Treasury. This would control inflation. When new money needs to be created, new loans are made as needed to meet the demands of innovation. When the people have a lot of savings, they don't need loans, and money supply is stable. Amortized loans no longer drive inflation either. The new money created for m3 is not backed by gold but by the non-depreciating asset that this money is being used to purchase.
No m3 no-interest loans would ever be made to purchase stock, derivatives, or other speculative financial instruments. Money is never used (leveraged) to make more money. When new money is needed, the US Treasury creates the money 100%. This money being used to make money is what creates the inequality in our current system.
THE PURPOSE
This system would protect these Safety Society Banks from the business cycle, inflation, and from runs on the bank. There may be other banking and financial institutions that due other risky things (venture capital), but our Safety Societies which form the foundation of national and local economies are shielded from the storms of financial risk as much as possible. So far, this nation has been plagued by one banking failure and panic over another and we all have been brought up to falsely believe that this is some-how normal. This doesn't have to be. WE CAN PROTECT OUR BANKS.
NATIONAL
1. Let a portion of the money supply (m0, m1, m2) representing circulating money be backed by gold and silver. The US government may need to nationalize gold mines in some way because the global elites have a deBeer's-like monopoly on gold and have been withdrawing it from the market to keep prices artificially high, and to create artificial scarcity. In exchange the US could give back all federal lands and other mineral rights to the States.
The US TREASURY must create all the money in our economy. This means a conversion from Fractional Reserve Banking to Full Reserve Banking. We can't allow banks to create 90% of the money supply out of thin air.
LOCAL
2. Let m3 be money created by the US treasury that is used by local and state banks to issue no-interest, fee-based loans for non-depreciating assets like land, and real-estate. A person is able then to get a loan, pay a fee (loan origination, monthly service) which generates revenue for the bank and the federal government as a "voluntary tax" but the borrower builds equity from day 1. IF the borrower fails to make a payment, that payment is deducted from his equity in the asset. Thus the loan becomes a reverse mortgage at any time.
Banks would be FULL RESERVE as deposited money would not be used to make new loans. All new loan money would come from the US Treasury. This would control inflation. When new money needs to be created, new loans are made as needed to meet the demands of innovation. When the people have a lot of savings, they don't need loans, and money supply is stable. Amortized loans no longer drive inflation either. The new money created for m3 is not backed by gold but by the non-depreciating asset that this money is being used to purchase.
No m3 no-interest loans would ever be made to purchase stock, derivatives, or other speculative financial instruments. Money is never used (leveraged) to make more money. When new money is needed, the US Treasury creates the money 100%. This money being used to make money is what creates the inequality in our current system.
THE PURPOSE
This system would protect these Safety Society Banks from the business cycle, inflation, and from runs on the bank. There may be other banking and financial institutions that due other risky things (venture capital), but our Safety Societies which form the foundation of national and local economies are shielded from the storms of financial risk as much as possible. So far, this nation has been plagued by one banking failure and panic over another and we all have been brought up to falsely believe that this is some-how normal. This doesn't have to be. WE CAN PROTECT OUR BANKS.
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sovereignthink
- captain of 10
- Posts: 31
Re: Ron Paul at the Head, What’s After the Fed, Global or Lo
“Let's follow the Constitution and let the US Treasury Under Congress create or "coin" all the money”
Absolutely, With the Dollar ending over half a century as the World’s Reserve Currency (a position that we should not have been in, talk about tangling alliances, threat force and imperialism) we face the greatest Challenge in Our Nations History.
I fear that because this will cause global economic collapse and upheaval that the people of The United States will be fooled into thinking that we need to have global regulation of our currency and a planned economy. This will be under the Special Drawing Rights (SDR), Carbon Credits (CO2 taxes) and the BANCOR of the UN, IMF, World Bank and OECD.org type organization’s Regulations and Controls.
That is Global. That is very possible.
I fear that the Sovereignty of the American Currency and with it the Actual Power of Prescribing and Setting Value to the Labors, Pursuits and Lives of Every Citizen in this Nation will be held by Rulership from even further Afar that it is being in Washington.
Buy Going Local I meant that we Must Maintain the US Treasury at all Cost! That Congress shall Mint Gold and Silver Backed Currency. (your right that gold will be tuff for the Dollar, with 10%-20% on only of the Accounts of Zero Maturity held on any given day, to be backed by gold, the dollar would have to devalue to $10,000 per ounce. Silver, Copper maybe zinc or tin would have to come in to help Back the Current Fed notes)
First we must End the Fed (Nationalize) just to bring the Greenback Back and not have every dollar be a private lien on the Unalienable citizenry then figure out how to restore it to Gold and Silver Backing.
I agree that the National Currency and Congressional Control of the Gold and Silver Dollar is Constitutional and can help protect the Justice, Integrity and Value of Measurement.
Your Next step is gold confiscation. I do not believe that is Moral, Productive or Constitutional.
We will have to rebuild and restore a sound commodity base for the Dollar, and Confiscating Private Property is Not the Way to Do that.
And
“In exchange the US could give back all federal lands and other mineral rights to the States,”… Rights Can’t be given only taken away and taken back. We need to continue the fight in Utah of the Declaration of Independence for Federalized and Federally Regulated Land. That
State Commodity Investment in State Commodity Back Banks fuels what the states are rich in and literally places the citizens and state in control of the benefits of their efforts.
Please Read the full article at
http://sovereignthink.wordpress.com/201 ... -go-local/
to get a better idea of state banks and local retention of oversight and values. It can give our currency a very sound commodity backed currency and would not require Force in taking peoples property or asking the federal government permission to live and work our land.
You should also watch The Secret of OZ and research Colonial Scrip and the Stock and Foil currencies.
Really as long as the exchange is Honest and not easily prone to manipulation It can serve the Personal Temple.
If the Currency is Fraudulent and Criminal, Then the Debts are not Owed and the Tables of the Temple Must be Overturned and the Moneychangers Run OUT.
I just don’t want to Go Under Un-Redressable Global Rulership and Governance.
Local includes and is All of the United States, Down to the Smallest Level of the Local, the Individual.
-sovereignthink
Absolutely, With the Dollar ending over half a century as the World’s Reserve Currency (a position that we should not have been in, talk about tangling alliances, threat force and imperialism) we face the greatest Challenge in Our Nations History.
I fear that because this will cause global economic collapse and upheaval that the people of The United States will be fooled into thinking that we need to have global regulation of our currency and a planned economy. This will be under the Special Drawing Rights (SDR), Carbon Credits (CO2 taxes) and the BANCOR of the UN, IMF, World Bank and OECD.org type organization’s Regulations and Controls.
That is Global. That is very possible.
I fear that the Sovereignty of the American Currency and with it the Actual Power of Prescribing and Setting Value to the Labors, Pursuits and Lives of Every Citizen in this Nation will be held by Rulership from even further Afar that it is being in Washington.
Buy Going Local I meant that we Must Maintain the US Treasury at all Cost! That Congress shall Mint Gold and Silver Backed Currency. (your right that gold will be tuff for the Dollar, with 10%-20% on only of the Accounts of Zero Maturity held on any given day, to be backed by gold, the dollar would have to devalue to $10,000 per ounce. Silver, Copper maybe zinc or tin would have to come in to help Back the Current Fed notes)
First we must End the Fed (Nationalize) just to bring the Greenback Back and not have every dollar be a private lien on the Unalienable citizenry then figure out how to restore it to Gold and Silver Backing.
I agree that the National Currency and Congressional Control of the Gold and Silver Dollar is Constitutional and can help protect the Justice, Integrity and Value of Measurement.
Your Next step is gold confiscation. I do not believe that is Moral, Productive or Constitutional.
We will have to rebuild and restore a sound commodity base for the Dollar, and Confiscating Private Property is Not the Way to Do that.
And
“In exchange the US could give back all federal lands and other mineral rights to the States,”… Rights Can’t be given only taken away and taken back. We need to continue the fight in Utah of the Declaration of Independence for Federalized and Federally Regulated Land. That
State Commodity Investment in State Commodity Back Banks fuels what the states are rich in and literally places the citizens and state in control of the benefits of their efforts.
Please Read the full article at
http://sovereignthink.wordpress.com/201 ... -go-local/
to get a better idea of state banks and local retention of oversight and values. It can give our currency a very sound commodity backed currency and would not require Force in taking peoples property or asking the federal government permission to live and work our land.
You should also watch The Secret of OZ and research Colonial Scrip and the Stock and Foil currencies.
Really as long as the exchange is Honest and not easily prone to manipulation It can serve the Personal Temple.
If the Currency is Fraudulent and Criminal, Then the Debts are not Owed and the Tables of the Temple Must be Overturned and the Moneychangers Run OUT.
I just don’t want to Go Under Un-Redressable Global Rulership and Governance.
Local includes and is All of the United States, Down to the Smallest Level of the Local, the Individual.
-sovereignthink
