As government is stealing the wealth of the citizens every moment of everyday, 24/7, on a continuum since the administration of Franklin Roosevelt; why do we pretend that the debt limit has validity?
There is nothing more dangerous in this nation than the simple lack of knowledge our citizens have about economics and monetary policy. It is so complex, in understanding—that if you autonomous nervous system can make you breath—you can easily learn monetary policy. For here is the only equation you must know; and it is unknown by so many it is unbelievable. Here is the knowledge that if every American knew this, we would have no problem with the insanity of our government’s actions manipulating our currency…and by doing so, they manipulate the wealth of everyone in this nation.
Here is what to remember; ‘a dollar you have today—if you don’t spend it, should buy the same amount it would spending it tomorrow, as if I’d spent it today!’
It is that simple; that the value of the dollar if the government does not by their actions destroy the value of this very foundations…the nation’s currency, the measurement of the value of wealth of this nation. This nation’s economic engine, with this stability, can and will prosper. Without it, there is no way anyone, any business, any person, or any entity can even begin to make sense of economic activity. Is not the answer obvious? How can you tell if you are doing well or horrible if the measurement you are using—the value of the dollar is not constant? You can’t, there is no one on the face of the planet that can; and it is the most hidden fact known ever to the society of man.
Our society is so absolutely not only ignorant, but so economic illiterate it often makes even observation of common logic confusing. Here is the example of absolute ignorance beyond the pale of this nation. We as a nation accept this absurd concept without once stopping to consider what it means. We in this nation have been indoctrinated that money loses value over time. Our money today is not going to have the same value of money we earned yesterday. What mental corrosion could possibly make anyone that absolutely ignorant is beyond rational mental comprehension. IN the business world, we measure the value of money in the future, must be greater for it has value. IN the world of investment, every individual who invests money does so that it works for his ownership, and earns a payment for others to have it. There is no known activity of man that money does not have value—for is not value the measurement of your wealth? And if there is no measurement, then how do we have any wealth? If we do, how can we measure that wealth? Is it only measured in what we can barter for what we have? Or in the world of today’s economy, do we not measure it in the value of dollars?
Now think of this statement. We are having a ‘cost of living adjustment.’ Excuse me, what in the hell is a cost of living adjustment, and what causes such to happen? Do you know? Can you explain it? And what does it really mean when someone says, we are having this adjustment?
What it means is that every dollar, everything you own, you’ve accumulated, and worked for is reduced by that amount. So whatever the % of cost of living you receive, your wealth has been reduced for by that same, or a factor of 10 times that amount, of the % they declare.
It is the same with when the government borrows money. Many believe that it is the debt that is the problem. It is not! The problem is the reality that whenever government borrows money, it is paid for instantaneously. How you may ask? It is simple, the same way they debauch your wealth, reduce the value of the measurement, the value, the purchasing power of the dollar they use for measurement. The debt is paid by reducing your wealth, stolen from the individuals immediately, while also creating debt instruments, of T-bills to be again paid tomorrow. That debt piled on the incompetency of government, added to the past incompetency of government; that is not your debt, but will enslave your progeny, your children and their children into the foreseeable future.
Here is another reality that is beyond comprehension. The American citizenry, has been so not dumbed down, but completely made ignorant on the reality of monetary and fiscal policy; sit idly by with the deer in the headlights acknowledgement, wondering…what is happening?
Yet in other parts of the world, where they teach such little things such as economics, and understanding monetary manipulation, after all they have been able to use it to their advantage for so long—again dealing with an ignorant America, and the most ignorant among our population, the government, they know when money is being devalued. Who you ask? Isn’t it interesting that the Japanese and the Chinese, who hold our debt, are demanding accountability of our monetary policy in this nation; while the American people, the citizens of this nation are oblivious? How can they see the obvious while we remain not only ignorant in this nation, but non-concerned, and absolutely incomprehensibly blind to the obvious reality?
It would have some hope if we could identify others who see the obvious and are reacting to it. Is there any indication of this reality? If so where?
What do we know? In the western world ignorance in economics, monetary policy, and even the rudimentary concepts of enterprise, pricing, value, wealth, or any other indicator that is possible to use as a measurement has disappeared from our society.
Here is a simple example of the measurement of wealth and the absurdity of the present measurement of using dollars as a measurement tool. Why don’t we use the change in barometric pressure as the measurement of the value of our currency? After all, it is variable, it goes up and down, and it is about as sensible as allowing the government to determine the value of our wealth? Why not? Well there is even a problem with that variable using it as a constant. It could actually go up. Now that is one thing that is impossible to happen with our government policy of monetary policy—it will never go up—only down. For government which has this insatiable appetite to control our lives has one thing they have no more ability to control than the weather. That is simply this; the ability to control themselves. Is not that the scariest of all scenarios? If a government has no capacity to control themselves, what is the alternative, what are our options as a society? There once was a group of people who understood this problem, and attempted to make sure that government would control government. Personally I thought the whole concept was flawed, an illusion of something impossible. To enumerate what government could and could not do! Sound familiar? Heard this before? If you haven’t then you have no idea what country you live in. That sadly is not the exception; it is the normal in this nation. We don’t know who we are, and that our nation was created with ‘enumerations, restrictions,’ of the power of what and what not the government can do.
Sadly the leader of man’s advancement of civilization, western man, is as ignorant as this nation in understanding monetary and government fiscal policy. Anyone who has even the remotest idea of the value of money, the wealth it represents today was stunned at the actions of those giving out the Nobel Prize in economics for some hypothesis that market prices have some ability to be identified to what they will do. Reading this insanity I was amazed. For in their presentation the one variable, the one thing that is the greatest influence on the price of any asset, or any wealth wasn’t even measured. How can anyone in their right mind, let alone those in academia of fantasyland, make any hypothesis, while ignoring the greatest influence on not only the stock prices—but the actual value of the ($) used as measurement. It would be like giving our current president a Nobel Prize on drug research being a stoner, or one on the political peace process for talking Marxism in college. Where is the relevance?
As Americans we must remember that the trials and tribulations of man are today as they were when Socrates challenged the power of the state. There is nothing new. There is not a new question. There is nothing occurring in this nation today we cannot find in history that has already occurred. In that reality, that empirical history, we can also find the results of the actions that were done then. There is nothing new, nothing unique, nothing that is a measurement of society today any different than our past.
We in this nation, this nation that has been here for such a small blink of an eye in comparison to the world’s history, in our own experience have known what we should remember. In our beginning, our nation had no wealth, no value, and was financing a war against the greatest power on the face of the earth. How did we finance it? Simply; our nation ‘printed’ money without anything to make that money have any value.
It led to this statement of our history; it has the value of a Continental Dollar. This was not something that was complimentary, it was very derogatory. For the implication—the meaning—the value—of the currency they printed…was valueless.
Today we are not doing anything new. Today our incompetence of our nation, our lack of comprehension of economics, our absurd acknowledgement of refuting reality, is nothing new. We’ve as a nation been here before, and it led to the change in our most wondrous government, the Articles of Confederation—to the impossible concept of an enumerated government, while giving that same entity…government the power to tax. The illusion, the incomprehensible fallacy that such was possible resulting in a totally different type of government, our current attempt or a ‘Constitutional Republic’ with enumerated design.
We have the history. We know that when the value, the wealth of the people is destroyed, people loose reason, lose hope and accept any answer to cure the immediate identified problem.
Who among us, who that are Americans, cannot see the writing on the wall? Is it not obvious that this nihilism, this destruction of this nation wealth, this destruction of the liberties and the freedom of our citizens does not have a premeditated and invidious plan with an objective?
It is the destruction of the currency of the nation—proven in the history of man, from the Egyptians, to the Romans, to the British Empire that shows it is this simple design—that has resulted in these nation’s demise, and spiral into the flotsam of histories past.
I challenge any, to make an argument of any substantive fact or reason, which would refute that this current scenario in this nation is not to accomplish these identical objectives!