How can you know collapse is inevitable? [Archive] - The Project Avalon Community Forum

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ozmirage

22nd February 2024, 18:33

. . . . . :-:-:-: . . . . .
IT IS INEVITABLE...
(Collapse)
The debt ceiling keeps going up, debt service keeps going up, inflation keeps going up, taxes keep going up, and we’re getting poorer and poorer.
That’s the consequence of playing in “their” money mad system.
The ONLY REMEDY is to stop consenting | cooperating | using their insane eCONomic system.
THAT is the only real remedy.

BUT even if a majority of Americans do the “right thing,” it still will result in a collapse. The only difference is whether or not the republican form of government survives, or the Peoples Democratic Socialist Republics of America will prevail.
. . . . . :-:-:-: . . . . .
WHY?
FEB. 22, 2024
https://www.usdebtclock.org/
NATIONAL DEBT = $34.282 trillion dollars (not bills)
FEDERAL SPENDING = $6.441 trillion dollar bills
FEDERAL DEFICIT = $1.767 trillion dollar bills
DEBT PER TAXPAYER = $265,178 dollar bills
INTEREST ON DEBT = $755.1 billion dollar bills

US POPULATION = 336,104,039
https://www.federalreserve.gov/releases/h41/current/
Federal Reserve Balance Sheet: Factors Affecting Reserve Balances - H.4.1
Search report for “currency in circulation”
Federal Reserve Banks . . . Feb. 14, 2024
Currency in circulation . . . 2,326,779 millions (2.3 trillions)
. . . .
Currency per capita = 2.3 T / 336 M = $6845 (approx)
TAXPAYERS OWE $265,178 (in dollars), but there’s only $6845 (in dollar bills) in circulation.

See the problem?

THE PROBLEM
WORLD SUPPLY OF GOLD (EST) = 6.4 BILLION OUNCES ($132 Billion in lawful money, as defined by the Coinage Act of 1792)***
World supply of gold (est) = 6.4 billion ounces
BUT we owe 1,714 billion ounces (and rising)

http://en.wikipedia.org/wiki/Gold (http://en.wikipedia.org/wiki/Gold)

***Pursuant to the Coinage Act of 1792, a Double Eagle = coin containing 0.9675 ounce (troy) of gold bullion and other alloys. Equivalent to 20 unit dollars.
DIVIDE the debt (in dollars) by 20, to compute the number of coins, and then multiply that by 0.9675 to compute the amount of GOLD BULLION NEEDED.

Ex: 34.282 trillion dollars computes to 1.714 trillion ounces (Troy) of gold, stamped into coin.
__________
HOW is this possible?

The national debt is a complete FRAUD !

WHY won’t any politician address this?
__________
“The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned.”
- - - Section 4, 14th amendment, USCON
“The validity of the public debt ... shall not be questioned.”

Even if the public debt is insane, impossible to repay, and based on fraud due to usury, it shall not be questioned.

Feel free to ask your public servants to explain themselves... ESPECIALLY how the Federal government is spending over 6 trillion dollar bills with only 2.3 trillion dollar bills in circulation. (Banks don't "hoard" FUNNY money - they lend it out ASAP)

OF COURSE, it's all done with YOUR CONSENT saith the law.
BUT fraud was used to get your consent, so you can legally withdraw consent, and never, ever use their "benefits" ever again.

GREAT!
But what happens when enough "human resources" walk away, and cease being "collateral" on the bogus national debt?

THE.DEBT.WILL.BE.UNSECURED.
All those debt instruments ("dollar bills" | Federal Reserve Notes) become worthless securities, non-fungible, and no longer "legal tender." The bulk of the 330+ million enumerated "contributors" left the building with Elvis.

Billionaires become zero-aires overnight.
International trade comes to a halt.
Wuh Woh, Scooby.
THAT'S THE COLLAPSE WE'RE GOING TO EXPERIENCE, EVENTUALLY.
ARE YOU READY?

ozmirage

22nd February 2024, 18:47

It's trite to say that failure to plan is planning to fail.
And if you realize that collapse is inevitable, you have to plan for the breakdown in trade, distribution and sale of practically everything - whether products or labor, goods or services.

The basic stopgap is BARTER. . . Barter is "outside" of the money asylum.
You need to be part of a community that generates surplus goods and services, equitably traded and enjoyed. And you need to minimize your "connections" with the money mad system.

Fortunately, folks who restore their endowed rights are not subject to the taxes imposed on the exercise of government privileges. I have yet to find one law that imposes a tax on the endowed right to life, liberty, absolute ownership of private property, trade in goods and services, and so forth.

In parallel with the need to be productive, is the need for security from predators and parasites who follow the law of the jungle. This suggests that like minded folks pool resources, form cooperatives, and establish fortified and defensible villages and towns.

Daunting as that may be, the consequences of doing nothing are dire. I jokingly say to go "punk Amish," as in the sense of being self sufficient, but not shunning technology, machines, etc.

TOLERANCE OF PREDATORS IS UNMERCIFUL TO THEIR NEXT VICTIM.

ExomatrixTV

22nd February 2024, 20:45

Paying "interest" to those who can create fiat money out of thin air ... just numbers on a computer and when you can not repay your debt anymore they find ways to OWN anything of value you have, like land, house, car etc.

https://hugh.cdn.rumble.cloud/video/s8/2/X/i/Q/-/XiQ-g.gaa.mp4

source (https://rumble.com/v1xpmb5-social-security-will-be-depleted-by-2034.html)
wikipedia.org/wiki/Ponzi_scheme (https://en.wikipedia.org/wiki/Ponzi_scheme)

The Worlds Biggest PONZI Scheme!

v1g89ek/?pub=ir01b

ozmirage

22nd February 2024, 21:41

Paying "interest" to those who can create fiat money out of thin air ... just numbers on a computer and when you can not repay your debt anymore they find ways to OWN anything of value you have, like land, house, car etc.
Very incorrect.
Notes, such as the Federal Reserve NOTE (dollar bill) is
DEBT
not
FIAT.
MONEY - In usual and ordinary acceptation it means coins and paper currency used as a circulating medium of exchange, and does not embrace NOTES, bonds, evidences of debt, or other personal or real estate. Lane v. Railey, 280 Ky. 319, 133 S.W. 2d 74, 79, 81.
- - - Black's Law Dictionary, Sixth Ed. p. 1005

NOTE - An instrument containing an express and absolute promise of signer (i.e. maker) to pay to a specified person or order, or bearer, a definite sum of money at a specified time. An instrument that is a PROMISE TO PAY other than a certificate of deposit. U.C.C. 3-104(2)(d)
- - - Black's Law Dictionary, Sixth Ed. p. 1060

FIAT MONEY. Paper currency not backed by gold or silver.
- - - Black's Law Dictionary, Sixth Ed. P.623
DEBT is never money. Ironically, FIAT can be money.

Dollar bills are defined in Title 12 USC Sec. 411 as obligations (debt) of the U.S. government. . . and "contributors" signed up with FICA (socialist insecurity). That's how 330 million human resources have to accept the notes as "legal tender" - they're liable parties on the fraudulent debt. (Thank you, Congress, may I have another....)

Congress is delegated power to "coin money" (stamp bullion) or "borrow money". (See Art 1, Sec 8, Sec 10, USCON). If Congress had the power to CREATE money (bullion) why would it need to borrow it? And if government was "printing up fiat" why would they need to tax it back? Why not just SPEND it into circulation?
[crickets chirping]

In reality all currencies are borrowed, at usury, into existence and then lent out for a "modest" fee. But since the interest is never created, the money system has to BORROW more -or- more debtors go bust, losing their pledged collateral. That's why USURY has been denounced for "only" 3500 years, and proscribed by all religions (that I checked). However, since most folks embrace usury, they're not members in good standing in their respective religions. (D'Oh!)

One of the reasons why the "dollar bill" is so stable is the value of all those Americans pledged as collateral on the debt. If ever sufficient number of folks "walk off the reservation" the game is over.
But too many folks are money mad, so the odds of that happening are slim to none.

ozmirage

22nd February 2024, 21:56

I have yet to find any so-called "experts" and "eCONomists" who recognize that dollar bills and dollars are mutually exclusive. So arguing about "money" can be useless, since no "money" has circulated since 1933 (in the USA).

Worthless IOUs that are obligations of the bankrupt US Gubmint and 330+ million socialist serfs signed up with FICA are a privilege since only gold and silver coin PAY DEBT (ART 1, SEC 10, USCON).
We're stuck paying endless EXCISE taxes for their use.

Of course, if you did start using gold and silver coin, you could prove absolute ownership of private property - constitutionally protected no less. (The communists are screaming in pain - NO-O-O-O-O !).

ozmirage

22nd February 2024, 22:13

If you really want to know, here are the pertinent references:
Article 1, Section 8. U.S. Constitution.
The Congress shall have Power
...To borrow Money on the credit of the United States;
...To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;

Article 1, Section 10. U.S. Constitution
No State shall ... coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; pass any ... Law impairing the Obligation of Contracts, .......
Note: only gold and silver coin PAY DEBT. And if Congress had the power to create money, it wouldn't need the power to borrow it. Congress can only coin money (stamp bullion).
COIN - To make pieces of money from metal.

TITLE 12 USC sec. 411. Issuance to reserve banks; nature of obligation; redemption
" Federal reserve notes, to be issued at the discretion of the Board of Governors of the Federal Reserve System for the purpose of making advances to Federal reserve banks through the Federal reserve agents as hereinafter set forth and for no other purpose, are authorized. The said notes shall be OBLIGATIONS OF THE UNITED STATES and shall be receivable by all national and member banks and Federal reserve banks and for all taxes, customs, and other public dues. They shall be redeemed in lawful money on demand at the Treasury Department of the United States, in the city of Washington, District of Columbia, or at any Federal Reserve bank."

LAWFUL MONEY - "The terms 'lawful money' and 'lawful money of the United States' shall be construed to mean gold or silver coin of the United States..."
- - - Title 12 United States Code, Sec. 152.
...

Since 1933, Congress has repudiated their promise to redeem their notes, making them worthless.

https://web.archive.org/web/20210324221219/http://www.treasury.gov/resource-center/faqs/Currency/Pages/legal-tender.aspx
" Federal Reserve notes are not redeemable in gold, silver or any other commodity, and receive no backing by anything. This has been the case since 1933. The notes have no value for themselves, but for what they will buy. In another sense, because they are legal tender, Federal Reserve notes are "backed" by all the goods and services in the economy."
Since private property cannot be taken for public use without just compensation (5th amendment), can you guess how Congress can claim your labor and goods as collateral on their bad checks?
Hint, hint : involves volunteering for a numbered account.

ExomatrixTV

22nd February 2024, 22:47

This Company Printed Your MONEY!! The Hidden Story!!:

0:00 Intro
0:49 Moneymakers
3:27 Who Makes The Money?
6:09 The Giori Company
8:45 Koenig & Baur And SICPA
11:24 De La Rue And The Federal Reserve
14:19 Komori’s Rise
17:45 The End of Giori
20:39 Outro
v2wy7jy/?pub=ir01b

ExomatrixTV

22nd February 2024, 23:39

How the Money Scam Works:

my8Np85tbEk

Bill Still, producer of The Money Masters, talks Money Reform & Iceland:

3kSV6XkvHQc

Jekyll Island: The Truth Behind The Federal Reserve:

BYq18M1LAe0

The Secret of Oz (The Banking Scam Explained!)

Rmc8GDlyAQg
Aside from all documentaries, I recommend reading Bill Still’s book, “On The Horns Of The Beast: The Federal Reserve And The New World Order (https://www.amazon.com/Horns-Beast-Federal-Reserve-World/dp/0964048531)”.

The Money Masters ~ How International Bankers Gained Control of America

(Investigative Journalist & Award-Winning Filmmaker Bill Still Documentary)

Bill Still is a former newspaper editor and publisher. He has written for USA Today, The Saturday Evening Post, the Los Angeles Times Syndicate, OMNI magazine, and has also produced the syndicated radio program, Health News. He has written many books and 4 documentary videos.

The Money Masters Book

Why are we over our heads in debt? Why can’t we get it under control? What is the future of the American economy and way of life?

source (https://rumble.com/v2ao89q-the-money-masters-documentary-by-investigative-journalist-and-award-winning.html)

v282sfe/?pub=ir01b

ozmirage

23rd February 2024, 00:42

Let me repeat - there has been NO MONEY since 1933. Printing up worthless IOUs underwritten by 330+ million socialist serfs is not "printing up money."

And for the "conspiracy theorists" - the international bankers "took over" the USA in 1789, when the USCON was ratified and in force.

WHY?

The limitation to gold and silver coin as tender in payment of debt insured international bankers "owned" the USA. America had no gold nor silver mines at that time. All our bullion was bought or borrowed from our "new friends" - the international bankers.

In 1828 Dahlonega, Georgia was the site of the first (or second - if you count Villa Rica, GA) major gold rush in the United States. Between 1789 and 1828, we were wholly dependent upon banksters.

And when the US had a MAJOR silver strike, "our friends" in banking had "their" Congress demonetize silver in the Coinage Act of 1873. Gawd hep us if we had "free and unlimited coinage of silver." The strangle hold on America's finances would have been broken.

ozmirage

23rd February 2024, 01:02

The seeds of destruction... 1789.

Bankruptcy Power

The power to make laws regarding bankruptcy, while forbidding states to impair the obligation of contracts, gave the Federal government the delegated power to VOID compacts. In other words, any contract made, could become worthless if one of the parties filed for bankruptcy protection.

And if it was not in the Federal government’s interest to void that compact, tough cookies for the petitioner / debtor.

One of the reasons for the need for bankruptcy power was usury - the abomination.

Usury is the driving force for debtor’s defaults. Compound interest, by design, requires an infinite money token supply to operate. Since that is impossible, a proportion of debtors must fail, because enough money never existed with which to pay back principal and interest. To relieve debtors, and reduce their urge for revenge on creditors, bankruptcy protection was instituted. But of even greater benefit to the usurers was that the debtor filed for bankruptcy protection, thus paying for the legal process of distributing the collateral to the usurers, saving them the headache.

The other seed for destruction was the limitation to gold and silver coin as tender in payment of debts. In 1787, there were no domestic sources of gold and silver bullion sufficient for coining American money. Which meant that the government had to borrow / buy it from “our friends” the European banks (usurers). From day one, the U.S. government was in the pocket of international financial powers. And for proof of “their” power, one need only look at the demonetization of silver in the Coinage Act of 1873, widely known as the “Crime of 1873”.

It was also the theme of the famous “Cross of Gold” speech by William Jennings Bryan.

The demonetization of silver shrank the money supply so much that America suffered an economic recession for the last quarter of the 19th century and underpinned the rationale for the “elastic currency” offered by the (evil) Federal Reserve Act of 1913.

By 1933, the U.S. government was bankrupted by the usurers. The new president, Franklin Devil-incarnate Roosevelt, declared a state of emergency, confiscated all privately held gold money, and criminalized the possession of gold money by “free” Americans.

That was not enough to placate the creditors, so Congress passed the Federal Insurance Contribution Act (“Social Security”). It was advertised as “old age insurance”, but it was merely a way to legislate a new tax in the midst of an economic depression. Congress is under no contractual obligation to pay a dime of benefits, contrary to popular belief that Americans “pay into” a trust fund.

This Socialist InSecurity had other evil side effects, as well. Americans were well aware of the negative effects of pauperization - accepting charity from the public treasury. So FDR lied, when he said that “Relief” was an “entitlement” not charity.

Congressional Research Service says that “entitlements” are synonymous with “gifts”. What would you call “gifts” from the public treasury? Charity! In case you were not informed, paupers are also status criminals, guilty until proven innocent. Which explains why government runs roughshod over our “rights”. Ahem. Enumerated American socialists no longer have rights, since they were surrendered in exchange for privileges.
Yet to the average suffering American in 1930s, this seemed to be a wondrous blessing - “free money” from the government. All it required was for one to become an indentured servant, obligated to pay a small “return of income” for the remainder of one’s working life. And if one survived, one could get the “bonus” - a pension - paid for by other indentured servants.

How vile Americans were, to enslave themselves and their children, so they could enjoy bribes -ahem- entitlements. And you can see why no politician since that time had dared to whisper any opposition or reduction in bribes - I mean “benefits” - paid to the recipient class.

The irony is that there is no constitutional authority for FICA, which explains why it is 100% voluntary, and no law punishes those who do not participate. And that the drop in status for paupers is not mentioned in the USCON, but in Article IV of the Confederation (1777). So when “government” schooling omitted any study of the Articles, and de-emphasized the republican form, three generations of Americans were misled into becoming “good socialist serfs”, willing to participate in electing their overseers, and submitting to repeated shearings of their wealth and property.

As it stands now, the U.S. Constitution is bypassed by “emergency”, and government has been so infiltrated by predators that the people are practically helpless before the collectivist / usurer alliance.

Ironically, the propaganda ministry promotes the disinformation being peddled as "New Patriot" disclosures.

ozmirage

23rd February 2024, 01:17

By the way, the U.S. went "communist" in 1933.

Wha..?
From the Communist manifesto: "In this sense, the theory of the Communists may be summed up in the single sentence: Abolition of private property."
https://www.marxists.org/archive/marx/works/1848/communist-manifesto/

Abolition occurred in 1933.

https://web.archive.org/web/20160323084334/http://bestamericangold.com/confiscation/
__"The private ownership of gold is a privilege, not a right. Congress revoked the privilege of private ownership in 1933 and restored it in 1974. Congress could easily revoke the privilege again. In fact, at no time during this century has the U.S. government recognized the right of private gold ownership. The Trading With The Enemy Act, which President Roosevelt invoked in 1933 to restrict private gold transactions, remains law. The government could reactivate the machinery, which The Trading With The Enemy Act established, to implement gold confiscation."
- - - Boston College International and Comparative Law Review 297, 320 (1982)
Congress and FDR declared that private ownership of gold was a privilege, not a right.

Really?
__“The ultimate ownership of all property is in the State; individual so-called “ownership” is only by virtue of government, i.e. law, amounting to mere user; and user must be in accordance with law and subordinate to the necessities of the State.” — Senate Document No. 43, 73D Congress, 1st Session, entitled: “Contracts Payable in Gold”, by George Cyrus Thorpe, submitted to the senate: April 17, 1933
http://famguardian.org/Subjects/MoneyBanking/History/SenateDoc43.pdf
......
Is that clear enough?
The STATE abolished private property (absolute ownership by individuals).
......
But before 1933, private property ownership was a SACRED RIGHT.
" Personal liberty, or the Right to enjoyment of life and liberty, is one of the fundamental or natural Rights, which has been protected by its inclusion as a guarantee in the various constitutions, which is not derived from, or dependent on, the U.S. Constitution, which may not be submitted to a vote and may not depend on the outcome of an election. It is one of the most sacred and valuable Rights, as SACRED AS THE RIGHT TO PRIVATE PROPERTY...and is regarded as inalienable."
- - - 16 Corpus Juris Secundum , Constitutional Law, Sect.202, p.987.
Few Americans can remember what private property was, since it has been 91 years.
"PRIVATE PROPERTY - As protected from being taken for public uses, is such property as belongs absolutely to an individual, and of which he has the exclusive right of disposition. Property of a specific, fixed and tangible nature, capable of being in possession and transmitted to another, such as houses, lands, and chattels."
- - - Black's Law dictionary, sixth ed., p.1217.

"OWNERSHIP - ... Ownership of property is either absolute or qualified. The ownership of property is absolute when a single person has the absolute dominion over it... The ownership is qualified when it is shared with one or more persons, when the time of enjoyment is deferred or limited, or when the use is restricted. "
- - -Black's Law dictionary, sixth ed., p. 1106

“... nor shall private property be taken for public use, without just compensation.”
- - - FIFTH AMENDMENT
The confiscation of gold, and compensation in worthless IOUs, was a prima facie declaration of totalitarian collectivism, and the abolition of private property by FDR and Congress, in 1933.

Congratulations, you've lived under a two party communist dictatorship using emergency rules for 91 years... and still haven't a clue that America was never "fighting" world communism. If anything, the military was being used to defend the international bankers who held our leash.

General Smedley Butler (retired) wrote “War is a Racket” pamphlet describing his experiences, as a Marine, running a protection racket for American banks and corporations, all around the world.
"I spent 33 years and four months in active military service and during that period I spent most of my time as a high class muscle man for Big Business, for Wall Street and the bankers. In short, I was a racketeer, a gangster for capitalism. I helped make Mexico and especially Tampico safe for American oil interests in 1914. I helped make Haiti and Cuba a decent place for the National City Bank boys to collect revenues in. I helped in the raping of half a dozen Central American republics for the benefit of Wall Street. I helped purify Nicaragua for the International Banking House of Brown Brothers in 1902-1912. I brought light to the Dominican Republic for the American sugar interests in 1916. I helped make Honduras right for the American fruit companies in 1903. In China in 1927 I helped see to it that Standard Oil went on its way unmolested. Looking back on it, I might have given Al Capone a few hints. The best he could do was to operate his racket in three districts. I operated on three continents."
https://en.wikipedia.org/wiki/Smedley_Butler (http://www.warisaracket.org/)

Nasu

23rd February 2024, 01:42

Ok I’ll bite.

How can you know that collapse is inevitable?

Look about you. Open your eyes. It’s all around us, it permeates us, like the crumbling matrix that it is. It’s everywhere, all across the world. Chinese et al sneaking into the us via Mexico, North Africans into Europe, Australia, Canada, etc, it’s everywhere.

People moving for a better life or to escape conflict or lack of freedom. We all want a better life, a more wholesome life. Then those that aren’t moving are locked into family, work, lifestyle, debt, or other reasons to stay. But even they are getting tired of the changes coming so fast. Everyone is.

If you did the last twenty years since 911 over say fifty years I think maybe people would be cool with it, it’s just the speed of it, all at once, everywhere. It’s too much.

But that presents both the widening crack and maybe a contributory force in the collapse, it’s inevitable because we think it is. So is failure and success. If you think you can or think you can’t, either way you’re right.

I disagree about your idea of endowed rights, that sounds man made and thus arguable. Endowed by who?

I’m leaning more to your barter idea, silver gold, items, food, services.

I also think, not wanting to be argumentative, but rather, chatty, that a republican form of government is a bit passé. Chief, king, emperor, president, or similar. If we going to collapse let’s do it in style. I think we can do better.

I’m sure at the end of every epoch, there were a few old wise souls in the tribe who remembered the time before, the dream time, the time of marvels and gods and the fullness of creation.

I look forward to being one of those old sages and gurus, like yourselves, who will help birth the next chapter. In all all it’s glory.

Ps. I’d love for you to be there, I imagine you’d be great fun arguing about social structures. I think those would be fun long nights. Especially with a bottle or two of something nice, and some lovely food of course.

Anyway. Till then. Stay safe, stay underground, don’t let the fu@kers get you down, be kind wherever possible, make the collapse as nice as you can, enjoy the ride….x……. N

ozmirage

23rd February 2024, 01:54

ANYONE PUSHING FOR A GOLD STANDARD IS MISTAKEN

The only beneficiaries of “hard money” are the usurers, who loan out their cache (cash) or extend credit, at usury. Because as long as money is in more demand than the goods and services one trades money for, the usurers will SKIN YOU ALIVE. Worse, they will demand your gratitude for letting you grow back your skin before they do it again. And again. And again.

Practical reason no. 1 why a “gold standard” is STOOFID.
World wide supply of bullion is estimated at 6 billion ounces.
World population is over 7 billion people.
6 divided by 7 = less than one ounce of gold per capita.
(Pursuant to the Coinage Act of 1792, that computes to about $17 per capita)

I think you can agree that it would be impractical to operate trade with only $17 per capita. In fact, since the wealthiest people would have the most gold, the “average Joe” may have only $0.01 for his annual wage.

It doesn’t matter how HIGH you peg gold as a money token. It is a finite quantity, and impossible to maintain proportionality with the changing marketplace filled with goods and services. There is no way for gold bullion to grow proportionally with the marketplace. It will always lag. That's a recipe for economic disaster. (And collapse of empire!)

Most famous of money myths is that “money is a store of value”.
The REALITY is money is a means to transfer value over the short term - money cannot “store” value.
Proof:
• How many money tokens will “store” the value of 8 hours of a plumber’s labor next week?
• How many money tokens will “store” the value of a harvest two years from now?
• How many money tokens will “store” value to feed a starving family when there is nothing in the store to buy?
Its function is to facilitate trade - not be hoarded in some vault. In fact, hoarding money DEFEATS its function. With less money in circulation, trade suffers, which in turn, affects prosperity as people no longer can equitably trade their surplus goods and services. In short, believing that money HAS value, in itself, has been the foundation of economic misery for millennia.

It is a common madness.

Money madness functions because :
[] Government dictates which money is to be used for taxes; and
[] Usurers, who offer loans of money, for a fee, in money.

To function, money must be scarce and in demand.
If ever the laborers and businesses make their own money, the usurers are kaput.

Nasu

23rd February 2024, 02:10

ozmirage

23rd February 2024, 02:14

[1] I disagree about your idea of endowed rights, that sounds man made and thus arguable. Endowed by who?

[2] I’m leaning more to your barter idea, silver gold, items, food, services.

[3] I also think, not wanting to be argumentative, but rather, chatty, that a republican form of government is a bit passé. Chief, king, emperor, president, or similar. If we going to collapse let’s do it in style. I think we can do better.

[1] THE foundation of all American law is the Declaration of Independence.
“We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain inalienable rights, that among these are Life, Liberty and the pursuit of Happiness.”
You can only pursue happiness upon your own property as a Creator endowed right. Everywhere else you need permission of the landlord - which means the pursuit is not an endowed right.

According to John Locke (1632 – 1704 A.D.), there are three natural rights:
1) Life: everyone is entitled to live once they are born.
2) Liberty: everyone is entitled to do anything they want to so long as it doesn't conflict with the first right.
3) Estate* (Property): everyone is entitled to own all they create or gain through gift or trade so long as it doesn't conflict with the first two rights.
(*In American law, absolute ownership is known as private property, whereas qualified ownership is known as estate.)
Thomas Paine elaborated on natural rights in his work “Rights of Man” (1791), emphasizing that rights cannot be granted by any charter because this would legally imply they can also be revoked and under such circumstances they would be reduced to privileges:
“. . . It is a perversion of terms to say that a charter gives rights. It operates by a contrary effect — that of taking rights away. Rights are inherently in all the inhabitants; but charters, by annulling those rights, in the majority, leave the right, by exclusion, in the hands of a few. ... They...consequently are instruments of injustice.”
“ The fact therefore must be that the individuals themselves, each in his own personal and sovereign right, entered into a compact with each other to produce a government: and this is the only mode in which governments have a right to arise, and the only principle on which they have a right to exist.”
- - - Thomas Paine “Rights of Man” (1792)
In other words, in America’s case, Americans have Creator endowed rights that governments were instituted to secure, not legislate, tax, regulate, infringe, nor restrain. Only by consent of the governed, may government step beyond securing endowed rights (adjudicating disputes, prosecuting criminals, and defending against all enemies, foreign or domestic). And that consent waives / surrenders endowed rights, rendering one a subject of the government.

IN SHORT, governments instituted to secure Creator endowed rights are superior to governments that grant (or withhold) "human rights".

[2] Barter stymies the money masters.

[3] Few know the actual definition of the republican form, let alone can think it is out of fashion.

In fact, the Powers That Be have expended huge resources to eradicate any knowledge of the republican form. It is glaringly absent from science fiction and other literature.

No other nation on Earth has a republican form. And, no, a republic is not synonymous with a republican form.
. . .
GOVERNMENT (Republican Form of Government)- One in which the powers of sovereignty are vested in the people and are exercised by the people ... directly ...
- - - Black's Law Dictionary, Sixth Edition, P. 695
A less Vague Definition:

A Republican Form is one in which all men are born equal (before the law - none higher) and have Creator endowed rights that governments are instituted to secure. Absent consent, all that governments may do is adjudicate disputes, prosecute criminals, and defend against all enemies, foreign or domestic. And since all men who are equal before the law - none higher - they hold the highest status at law - sovereign.
". . . at the Revolution, the sovereignty devolved on the [American] people, and they are truly the sovereigns of the country, but they are sovereigns without subjects, and have none to govern but themselves. . ."
- - - Justice John Jay, Chisholm v. Georgia, 2 U.S. 2 Dall. 419 419 (1793)
https://www.law.cornell.edu/supremecourt/text/2/419#writing-USSC_CR_0002_0419_Z

Restating: American people are sovereigns under the republican form. They retain all their endowed rights.
The government is their agent, helping secure their endowed rights - and nothing more.

And this also explains why Americans are not obligated under international law to kneel nor bow to any foreign monarch. We're their social equals. Which also explains why Americans can marry foreign nobility without violating their local laws barring commoners from marrying nobility (ex: Princess Grace). Nor should sovereign Americans accept titles of nobility from foreign sovereigns.

NOW you know why "they" had to eradicate this idea from the American sheeple. A nation of SOVEREIGNS would trigger revolts across the planet wherever people are subjects of autocrats, monarchs, oligarchs, and tyrants.

KUDOS to the world's greatest propaganda ministry, bar none.

ozmirage

23rd February 2024, 02:33

ozmirage

23rd February 2024, 08:12

Correction: No "communist" country reached communism - only socialism. USA's socialism is based on "voluntary" enrollment into FICA, though the majority are led to believe that they must enroll in order to live and work in their own country.
(In fact, the Social Security Administration is NOT located in Federal territory, because it's really not a "federal" arm of government... that would be unconstitutional. Read the law if you're curious.)
. . .
As for the conversion of the land of liberty into a totalitarian police state, that, too, was done with subtlety and finesse.
Tell tale signs : masked anonymous police and military forces; "dynamic" entry (breaking down doors, etc); requirement to have an official photo ID document; and the vast meddling by governments that require permission (licenses) and or taxes in order to function.
. . .
Some of the "best" work was the transformation of terminology, not unlike the recent redefinition of a vaccine, so that untested COVID19 treatments could be foisted on the public.

In particular, "capitalism", "fascism", and "democracy" were retooled.
This is vital to hide the true nature. For example, the existence of corporations and banks (aka "capitalists"), would lead one to reject the assertion that collectivism has taken over. BUT, capitalism is defined as the private ownership of the means of production (land, tools, etc) and that which is produced. Banks and corporations are artificial persons, granted the privilege to exist and hold property. That's really NOT capitalism. In fact, "capitalists" prey upon property owners (the real capitalists).
And many "communist" countries have corporations and banks. The question is : does the tail wag the dog?
. . .
"Fascism" is a popular slur and wholly misused. The origin of the term is the Roman fasces - a bundle of sticks with an axe head attached. This was used to teach youngsters of the power of unity. A weak stick, easily broken, becomes unbreakable when bundled together. The axe head was to symbolize the awesome power of cooperation. How did such a concept become villified?

Consider that the definition of fascism refers to fanatical right wing support - which means support for "traditional" government. Whereas all the so-called "fascists" of the 1930s, were LEFT WING SOCIALISTS (Hitler & Mussolini), opposed to traditional government. We know that the left lies, so what WERE those so-called "fascists" really doing?

They were instituting autocratic, tyrannical police states, over their people. Instead of the government securing the rights of the people, the people were used to secure wealth and power for the government (and those behind the scenes).

The big lie is illustrated by "democracy." We're told that America's job is to make the world "safe for democracy." What a load of horse pucky. Democracy is a vile system, where a majority can legally persecute a minority - or tax the snot out of them.

Americans are promised a REPUBLICAN FORM, where all men are created equal and have Creator endowed rights (life, liberty, absolute ownership, etc). No majority, elected official or constitutional government can void those endowments except by CONSENT OF THE GOVERNED.

Which begs the question : how can infants be citizens at birth? Citizenship requires consent, because it comes with mandatory civic duties that abrogate the very rights that governments were instituted to secure! Infants cannot consent.
Someone is lying to us.

REFERENCES

POLICE STATE - A state in which the government exercises rigid and repressive controls over the social, economic, and political life of the population. A police state typically exhibits elements of totalitarianism and social control, and there is usually little or no distinction between the law and the exercise of political power by the executive.
TOTALITARIANISM (or totalitarian rule) is a political system where the state holds total authority over society and seeks to control all aspects of public and private life wherever necessary.
FASCISM - any political or social ideology of the extreme right which relies on a combination of pseudo-religious attitudes and the brutal use of force for getting and keeping power.
DEMOCRACY - That form of government in which the sovereign power resides in and is exercised by the whole body of free citizens directly or indirectly through a system of representation, as distinguished from monarchy, aristocracy, or oligarchy.
COLLECTIVISM - the socialist principle of control by the people collectively, or the state, of all means of production or economic activity.
SOCIALISM - a theory or system of social organization in which the means of production and distribution of goods are owned and controlled collectively or by the government.
COMMUNISM - a theory or system of social organization based on holding all property in common, actual ownership being ascribed to the community or to the state.
MARXISM - The political theory of Karl Marx, including its analysis of society in terms of the class struggle and its belief in the replacement of capitalism by communism.

. . . . .
All such collectivist "isms" are opposed to the INDIVIDUAL ownership of private property... in short, theft by government and slavery (compulsory labor for the benefit of another).
. . . . .
If you need to sign up with socialist insecurity, pay taxes or get permission (licenses) to live, work, travel, own, buy, sell, hunt, fish, build a house, drive a car, fly a plane, transmit, operate a business, enter occupations, treat the sick, buy medicine, marry or own a dog, you're not really free, are you?
If government can "take" your property (condemnation of property, taxes on labor, etc), without paying just compensation in lawful money, it cannot be "private property."

And if you are liable for mandatory militia duty (i.e. Selective Service, the Draft), and can be compelled to train, fight, and die on command, you don't have a "right" to life and liberty.

Remember, no government instituted to secure endowed rights can tax them, regulate them or trespass them.

Do you know how and when you consented, and thus surrendered your endowment? Read the law - or ask your public servants for an explanation.

ExomatrixTV

23rd February 2024, 11:36

5 Secrets Banks Don't Want You To Know!
Uncovering the Secrets of Fractional Reserve Banking (https://rumble.com/search/all?q=Fractional%20Reserve%20Banking) Money Scheme:

The rise of monetary economies assisted two significant changes to society:

First, since the fruit of one's labor was now monetized and so could be exchanged freely, it allowed for the specialization of labor.

Second, thanks to monetization, individuals could more easily save for the future.

By allowing for savings and capital formation, human societies were able to advance beyond subsistence farming. But with. Savings came another critical issue: security.

The banking industry allowed consumers to keep their gold or silver in protected vaults, and in return, they received paper receipts, which are easier to carry than heavy metal coins. The receipt entitled the owner to claim his goods any time he desired, like keeping personal items in a warehouse. Since any holder of the receipt could claim the gold, convenience inevitably led to the transfer of these paper notes instead of the metal itself.

The receipts for money become money substitutes.

So long as the bank had as much gold as it does banknotes which is called full-reserve banking there would be no increase in the money supply.

What if, however, the bank realized that money kept in the bank is not needed all at once? A bank could lend out a customer's money, profit from the loan, and then return the money to the customer's account before it is withdrawn. If a customer closed their account unexpectedly, the bank could borrow from another account to make up the difference.

This is fractional reserve banking, and this is how almost all banks operate today. In doing so, big banks have become very profitable, but the economic consequences complicate the issue of money.

For example, let us say that a hundred gold coins enter a bank account. The bank account only keeps 10 percent reserves in an account, so it lends out ninety gold coins. Fifty of those ninety gold coins end up in another customer's account at the bank, and now the bank lends out forty-five of those coins.

From that first deposit of one hundred coins, the original customer currently has a receipt for one hundred coins, another customer has a receipt for fifty coins, and there are an additional 135 coins worth of loans on the market. The result is an expansion of paper receipts-money substitutes in the market, without any increase in gold to support it. This arrangement is also different than if the original customer directly loaned out fifty coins instead, because with such a loan, the lender would have no expectation of being able to access the borrowed money.

These unbacked banknotes, like counterfeiting a coin, are an example of inflation, which may be defined as an increase in the economy's supply of money that is not due to an increase in the monetary base in actual gold coins, in this case. These "fractional reserve banks," therefore, are inherently inflationary institutions.

Whether this additional money is created by the direct printing of new money, or through multiplication in a fractional reserve system, the result is an increase in the money supply not reflected in an increase of wealth in the real economy. This will create additional issues we will explore later.

Another issue with fractional reserve banking arises if customers lose confidence in the bank: they rush to take their money back. Bank panics are devastating, not only because a large withdrawal of money from an overleveraged bank hurts other customers, but because it can lead to better-managed banks being similarly stressed in ways they did not anticipate.

As such, many of the criticisms of "instability" prior to the Federal Reserve have little to do with gold as money and everything to do with the lending practices of banks themselves. Many of the problems, as we will see, resulted directly from government policy designed to increase control over money and banking.

To understand money as it exists today, far removed from any sort of commodity, we must understand why control over money is so important to the state.

This series was inspired by Murray Rothbard (https://rumble.com/search/all?q=%22Murray%20Rothbard%22)'s classic introduction, What Has Government Done to Our Money's (https://mises.org/library/what-has-government-done-our-money)- available for free in PDF, ePub, HTML, and Audiobook (https://www.youtube.com/watch?v=R51yKZh2mHk)

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ExomatrixTV

23rd February 2024, 12:06

Going Beyond The Mass Conditioning:

The new Open Money exchange system: Michael Linton, founder of LETSystems

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Michael Linton (https://www.lowimpact.org/author/michaellinton) may have originated the term "local exchange trading system" in 1983, for a time running the Comox Valley LETSystems in Courtenay, British Columbia.[4] The system he designed was intended as an adjunct to the national currency, rather than a replacement for it.[5] He called the currency "green dollars" and it was mostly used by a local dentist, but dwindled when he moved away. Linton started at least four more versions, with varying degrees of success, such as the "Community Way Dollars" in 2008. The system's turnover in the first two years amounted to green $500,000. There were 5 LETS in Great Britain in 1992. In 1995 this number increased to 350 with 30,000 membership and 2 million turnover.[6] In 2018 the University of Victoria undertook to research his archives as a demonstration of how people react to new ideas that are outside the norms of society. Linton thought that he had failed to communicate his idea adequately.[7] LETS is a new type of money which makes it easy to pursue new Livelihood without the previous wholesale transformation of Capitalism. It is thus regarded as an alternative currency movement, and as a form of political protest.[8] After flourishing in the 1990s, the LETS movement waned. Interest in local currency moved on to other designs such as time-based currency and dollar-backed local voucher schemes.

LETS networks facilitate exchange between members by providing a directory of offers and needs and by allowing a line of interest (https://en.wikipedia.org/wiki/Interest)-free credit to each. Members' IOUs (https://en.wikipedia.org/wiki/IOU) are logged in a centralised accounting system which publishes a directory as well as balances visible to all members. In case of a default, the loss of value or units is absorbed equally by all members, which makes it a mutual credit (https://en.wikipedia.org/wiki/Mutual_credit) exchange. For instance, a member may earn credit by doing childcare for one person and spend it later on carpentry with another person in the same network, or they may spend first and earn later.

In many countries, the distinction between LETS and timebanking (https://en.wikipedia.org/wiki/Timebanking) is not clear, as many LETS use time as their unit of account.

As per Linton's definition, LETS are generally considered to have the following five fundamental criteria:[5] (https://en.wikipedia.org/wiki/Local_exchange_trading_system#cite_note-LETS1-5)

Cost of service: from the community for the community
Consent: there is no compulsion to trade
Disclosure: information about balances is available to all members
Equivalence to the national currency
No interest :bowing:

According to a 1996 survey by LetsLink UK, only 13% of LETS networks actually practise equivalence, with most groups establishing alternative systems of valuation "in order to divorce [themselves] entirely from the mainstream economy."[13] (https://en.wikipedia.org/wiki/Local_exchange_trading_system#cite_note-13)[14] (https://en.wikipedia.org/wiki/Local_exchange_trading_system#cite_note-14) Michael Linton has stated that such systems are "personal money" networks rather than LETS.[5] (https://en.wikipedia.org/wiki/Local_exchange_trading_system#cite_note-LETS1-5)

Benefits

LETS can help revitalise and build community (https://en.wikipedia.org/wiki/Community_building) by allowing a wider cross-section of the community (https://en.wikipedia.org/wiki/Community)—individuals, small businesses, local services and voluntary groups (https://en.wikipedia.org/wiki/Non-profit_organization)—to save money and resources in cooperation with others and extend their purchasing power. Other benefits may include social contact, health care, tuition and training, support for local enterprise and new businesses. One goal of this approach is to stimulate the economies of economically depressed towns that have goods and services, but little official currency: the LETS scheme does not require outside sources of income as stimulus. The environmental benefits of enhanced locals' self-reliance involve less-distance transport (as local goods are substituted for imports) and more evident environmental effects. Moreover, diverse local economies support sustainability by decreasing the need to use assets in an inefficient manner to satisfy external consumer demands. That also requires improving the local quality of life (https://en.wikipedia.org/wiki/Quality_of_life) without having to make expenditures. LETS can allow for much greater self-direction and flexibility in employment patterns than the mainstream, conventional economy and, in particular, enable the skills of the unemployed to be valued and used.[17] (https://en.wikipedia.org/wiki/Local_exchange_trading_system#cite_note-Local_Exchange_Trading_Systems_and-17)

source (https://en.wikipedia.org/wiki/Local_exchange_trading_system)

LETS FAQs (http://www.gdrc.org/icm/lets-faq.html), by John Croft of the Gaia Foundation
LETSystems FAQ, LETSgo Manchester (http://archive.lets.net/gmlets/faq.html)
The LETSystem Design Manual (http://archive.lets.net/gmlets/design/home.html)
The LETSystem, a local currency that works, Michael Linton, 1984, Context Institute (http://www.context.org/iclib/ic07/linton/)
Definition of a LETSystem 1986, Landsman Community Services Ltd. (http://archive.lets.net/gmlets/letsplay/id-9-2.htm)
The Open Money Project (http://www.openmoney.org/)
Universal Time-banking webApp (https://time-flow.org/)
Community Accounting software in Drupal (https://drupal.org/project/mutual_credit)
2003 Update on the Westport LETS, by Richard Douthwaite (http://www.feasta.org/documents/shortcircuit/sc3/westportlets.html)
What is the Community Exchange System? (https://www.community-exchange.org/home/what-is-the-ces/)

ExomatrixTV

23rd February 2024, 12:23

Going Beyond The Mass Conditioning:

While the power of money in the world has long been established, have you ever thought of money's potential power to develop mutual trust within a community? Florence Siegenthaler proposes using a local currency to put the power back in the hands of our communities.

Local currencies are so beneficial, you can battle crime, homelessness etc. and other social problems just introducing a local currency. More than that, local currency eleminates liquidifying, bonding and transferring local labor outside.

Local currencies = community building!

There's over 600 local and regional currencies operating in the US in 2021

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THE TWENTY MOST ASKED QUESTIONS ABOUT LETS

01. What is a LETSystem?

A LETSystem is a locally initiated, democratically organised, not-for-profit community enterprise which provides a community information service and records transactions of members exchanging goods and services by using the currency of locally created LETS Credits. The LETS Credit currency does not involve coins, paper money or tokens of any kind but rather acts as a scoring system, keeping track of the value of individual members' transactions within the system. It is simply a community information system attached to its own market-place. Different LETSystems call their LETS Credits by different names, adding a "local flavour".

02. How does LETS work?

LETS works a little like a baby-sitting club, where members earn credits by baby-sitting other people's children, spending whenever they need child minding. Unlike a baby-sitting club, however, LETS extends the range of services to whatever is available locally. A successful LETSystem can provide members with food, clothing, housing, transport, health and legal services, repairs, equipment, business services, entertainment and much more, at a reduced or no cost in Federal dollars, through the operation of a community based credit economy.

It is available to anyone who is a member of the community and who joins a LETSystem.
Individuals and businesses can use it to advertise goods or locate what they want, either by telephone, mail or in person.
Information is updated regularly, added to or deleted at any time, and circulated regularly to members.
There are no limitations or obligations on use. LETS is its name and "lets" is its nature!

Upon paying a small registration fee members are issued with a Registration Number which acts as a license to trade. On joining, members also list goods and services they are prepared to offer to, or require from the LETS community. In most systems, members also elect a LETSystem Committee or Board of Advisers at an Annual General Meeting, and establish a system to maintain LETS accounts and update trading sheets, advertising the goods and services available or needed.

03. Why start a LETSystem?

When ordinary money is in short supply, needed community projects are put on indefinite hold, local businesses fail, people become unemployed, and individuals and families suffer, not because they have nothing to offer, or because they lack skills and abilities, but simply because there is not enough money to go around. LETSystems helps develop and free local markets by operating like a community bank, in which members open an account. Unlike a bank, however, it gives unlimited interest-free credit, generated at the point of sale, to facilitate trading with other members. In this way, LETS acts like a supplementary currency, creating an additional system of value in a community. By supplementing conventional cash flow with a local currency, a community can maintain full employment, and protect itself from changes and fluctuations in the money supply.

04. What other benefits are there in starting a LETSystem?

There are many benefits to LETSystems. Some others are--

Mobilising the Real Wealth of a Community: The knowledge and skills of its people is the real wealth of a community. A local currency keeps this wealth working in the community, even while conventional money drains away, generating employment and income for all involved. People who have accumulated a wide range of skills and abilities suddenly become once again highly valued members of the community.
Helping Community Groups: LETSystems help other local communit organisations by giving them access to resources to extend their services to customers or clients currently not gaining access. Volunteer burn-out is reduced as LETS helps organisations recognise and acknowledge donated time and effort, allowing volunteers to meet their own needs while meeting the needs of others.
Fostering Self-Reliance & Self Esteem: In our communities, unemployment is growing at the same time increasing numbers of people are unable to get their needs met. Supporting single-parents may need respite care or other services for their children. Elderly pensioners also need a range of specialised services or may simply require company to combat loneliness. At present a person's ability to access these and other services is proportional to their purchasing power. LETS breaks this bottleneck, by making it more possible to match someone's need with another's available labour. People are no longer dependent upon welfare or charity, and everyone's self esteem benefits.
Increased Personal Savings & Disposable Income: Because members can get local goods and services through a LETSystem, members can substitute LETS for Federal dollars. The disposable income in Federal dollars, available after basic needs are met, actually increases. For those involved who are regularly trading in LETS will find they have more money left in their pockets at the end of each week. The rate of community savings, and therefore of community investment capital generation, and with it the quality of life of everyone, will improve.
Opportunities for Businesses: LETS adds a new tier to a local economy and generates wealth that is not able to be accessed through the conventional monetary system. This wealth creates new opportunities for expansion of existing local businesses, or even markets for new goods and services that previously were not available.
Creating Local Economic Control: LETS helps to plug the leaky bucket of the local economy, by creating a local currency that cannot leave the community, thereby reducing uncontrolled and activity limiting capital outflows. As LETS credits only have value in the community in which they were generated, they stay circulating to create more wealth for everyone. LETS gives community members a powerful new tool with which to "steer" the local economy in directions which benefit everyone.
Support to Buy Local: At present, economies of scale, transfer pricing, and capitalising on cheap Third World labour or raw materials enables larger multinational and interstate manufacturers and retailers to tip the so-called "level playing field" in their direction, to the detriment of local businesses. LETS provides an Federal dollar discount to those using local businesses, manufacturers and retailers, while not sacrificing total income in the hope of making it up through increased business. Local businesses thrive.
Building Community Support Networks: Because LETS plugs members into a local information network, it provides new or isolated residents living in a local community with an instantaneous community support system, which avoids the embarrassment of introductions to strangers. Through the LETS network all members have a ready reason for calling for support or help. Elderly pensioners, unemployed youth, supporting parents, new arrivals, and single-income families with partners "trapped" in a dormitory suburb, can all build firm friendships on relationships established through a LETS connection.
Fostering Social Justice & Equality: Because the value attached to one's time and commitment is set individually amongst the participating members, a LETSystem equalises the wage differential that exists in the value attached in the conventional economy to the work of women as compared to the work of men. This greater equality helps to prevent the polarisation of the community between those that "have" compared to the "have-nots". There is no value in accumulating LETS credits, as they cannot earn interest. It is only by putting them to productive work that the individual or the community benefits. LETS fosters local participation in the community at all levels.
Helping Community Projects: There are many worthy and worthwhile community projects and activities that languish for lack of money. By donating LETS credits to a community chest, major community initiatives for local improvement or charitable work can be generated, without putting a severe strain on one's Federal dollar income. Because the local LETS credits remain in the local community, the wealth donated will circle back to the donor as a form of long-term "money back guarantee", to generate demand for the goods and services they are providing to their community.
Building a Sense of Community: The increasingly transient, temporary and mobile lifestyle in Australia has greatly damaged our sense of belonging to a meaningful community. Because a LETSystem builds local relationships it is a powerful means of regenerating a sense of trust among members, a necessary component to the health of any community. As communities become more self-aware and self-reliant as the result of a LETSystem, community isolation, fear and loneliness diminishes and everyone benefits.

05. What is Multi-LETS?

A Multi-LETSystem is a LETSystem like any other. Like any other LETS, a Multi-LETS provides a register of members, in which transactions are recorded, statements and accounts are prepared, and a notice-board or trading sheet of offers and requests are prepared. A Multi-LETS, in addition, has the facility for a number of separate networks to exist within the single registry. These networks resemble separate LETSystems, in that they charge their own membership fees, that members of a particular network may trade goods and services in their own local currency, according to the rules and conditions upon which members agree, they may provide their own separate list of offers and requests, and their own newsletter. Again, like a LETSystem, the LETS Credit units cannot be transferred outside of their membership base or taken out of the system.

The difference with a conventional LETSystem is that in Multi-LETS, people initially join the general register, specifying which networks they would like to participate in. In return they receive a single trading Registration Number which can be used in the general register, and in any network to which they may belong. People then have the choice whether to record the transaction within the general system, or at the level of a particular network.

In a Multi-LETS, all transactions are recorded at the level of the Multi-LETS register, so networks can have the advantages of a LETSystem, without needing to worry about the recording of transactions, or the issuing of statements. This can be an immense advantage to a particular club or group who do not have any members interested in "running the system" but who wish to use LETS for their own purpose, without necessarily wanting to go through the hassle of starting their own separate LETSystem. Their members also gain access to a wider range of goods and services through the general register than they would in a smaller system of their own network. In a Multi-LETS people have greater freedom of choice, as they can choose which networks they want to participate in and which local causes, clubs or groups they want to support whilst trading in LETS.

06. How do I join a LETSystem?

Each LETSystem is independent and has its own contact person or mailing address. Once you have made a decision about which LETSystem or systems you want to join, make contact and they will tell you how much it costs. Generally people then fill in a sheet of offers and requests, their name, mailing address and phone number. The LETSystem will then inform the new member of their Registration Number within that system, which acts as their license to begin trading. Different LETSystems have different ways of renewing memberships, but generally members have to renew their membership once a year.

07. What happens with my list of offers and requests?

You have already listed what you want to receive from the LETS Community, and what you are prepared to contribute to that community in return. These are incorporated with those of others into the Trading Sheet. There is a charge of a proportion of a LETS Credit per line for listings in each trading sheet (to pay the Trustee who updates the listing). Your account may head backwards, therefore, if you are not trading. It is a good idea, therefore, to regularly check your list to make sure that it does reflect what you are prepared to provide, or prepared to receive. As you will discover, it can be frustrating to members to have to make a large number of phone calls before they find a "genuine" trader in that item, or if they discover that it was sold 6 months ago! This can be overcome in part by keeping your list up-to-date. This is your responsibility. It does not cost you to delete an item, and will save your account the expense of listing unwanted or no-longer-traded goods and services.

08. What should I do now? How do I start trading?

Your LETSystem, like all LETSystems, works best through your participation. Rather than waiting for someone to contact you about your listings, your LETSystem will best meet your needs if you use it actively, rather than passively. Contact someone perhaps who is requesting some good or service that you can offer. It may be something that you did not even consider listing in your offers in the trading sheet, something that you never considered before. Whatever it is the person you phone will be glad to make a new LETS contact. This will give you a taste of trading, and show you how it is done. If that person is interested in your assistance, make sure that you clearly establish exactly how many LETS Credits you propose to charge. This may result in some friendly "haggling", but do not proceed until a mutually agreeable "price" has been set. Make sure that both parties to the transaction have the correct name, registration number, and amount before completing the cheque tab, or phoning the transaction through to the Trustees.

09. How do I get most personal benefit from my LETSystem?

Your LETSystem will have the greatest economic use to you if you look at where you currently spend money. Have you built a personal relationship with the people involved, or is it only a commercial transaction? If you can recruit to the system individuals with whom you normally spend Federal Dollars, you will find that being able to buy the same goods and services in part for LETS will have a big effect on increasing your savings and disposable income. For instance, if you can buy local foodstuffs and groceries for LETS it will have a big impact upon your spending patterns and you may save Federal Dollars! If you want help enrolling someone into the LETSystem, ask your area coordinator, Trustee or LETS Committee. If successful, you can start to spend local currency more widely, so creating more jobs and increasing the wealth of your local community! Try to develop the LETS habit by using LETS first, Federal Dollars second, only if you have to! LETS gives people a chance to meet their neighbours in a new way, enriches your community life and provides you with a community support network of great strength and durability.

10. How much is a LETS Credit worth?

For most business transactions it is easiest to equate one LETS Credit to one federal dollar. Business people find it hard to cope with a system of value that varies widely between different times and different people trading. Most transactions in a LETSystem, however, are for goods and services that would be called personal arrangements, social arrangements, hobbies or pass-times. For these, people are free to set their own value scale, which can vary wildly between times of the day, depending upon the amount of free-time one has, or the nature of other pressures or demands they may have on their time.

As a result, in a LETSystem, you may find a wider range of pricing than you would in a conventional market system. Prices for such items are negotiated freely between the two people engaging in the transaction, and there is rarely a "set take-it-or-leave-it" price as one finds in a conventional money purchase. This helps the relationship building nature of a LETSystem.

Because people attach their own value to what they change, many of the inequalities that exist within the normal economy are not found in a LETSystem. The gap in hourly wage rates between professional and labouring work, between the work of men and the work of women, and between tasks that would be normally considered voluntary or unpaid, and those that are paid for, are narrowed or do not exist. Generally, a person's purchasing power in a LETSystem is equal to the purchasing power of anyone else, although the demand for their services may vary widely.

11. Can I charge part LETS Credits/part federal Dollars in a Transaction?

Yes. If in providing that service you will have to pay federal dollars for providing part of what is requested (eg. for paint, petrol, your tax (if you are a tradesperson or professional exercising their regular occupation)) you can ask for dollars to cover this needed component. Make sure that the other person understands why you are charging dollars, as this helps make sure that they feel what you are charging is fair.

12. How should I charge in LETS if I run a business?

If you run a business, a useful way to start is to offer what you think would be a fair percentage in LETS Credits and federal dollars. The other person in the transaction is free to accept or reject, as in LETS, there is no obligation. LETS is its name and LETS is its nature! The only requirement is that you are prepared to consider trading in LETS Credits for whole or part of the transaction. Make sure that the other person understands in advance of providing the goods or services if you are not trading any item for LETS. Not doing so will come as a nasty shock to your customer, and may lead to them telling others of their unfortunate experience, with the result that you may find you do little trading in the future!

If you are running a business and wish to trade in LETS, ask us about the "LETS Do Business" information. We can explain how you can record transactions in part LETS part dollars in an easy and reliable fashion. Members of a LETSystem would prefer to trade in local currency, so you will probably find that your number of sales, and your total cash turnover will increase as your business joins the local system.

13. Do I have to be in credit before starting to buy?

No. You do not have to be in credit before making your first buying transaction. In this way your LETS Account is very different from a conventional Bank Account! If you wish to purchase a good or service from the LETSystem, you can do so straight away, as when you go into debit (which in LETS is a measure of your future commitment to the system), someone else will go into credit. The system will in this way stay balanced at zero. It is by buying that "new LETS Credits" enter the system, creating more wealth in the local trading community. As the LETS Credit cannot leave your LETSystem, eventually they will come back to you in the form of someone who wants what you provide. A debit (or commitment) thus is a "money back guarantee". This is very different to money.

14. What happens if I leave the area?

It is a good idea to inform the Trustees or your area coordinator immediately you shift residence. This helps make sure that they can send any future trading sheets or newsletters to the correct address. If you are shifting out of the region of the LETSystem, you have a number of options.

Firstly, you can keep your account open, in case you visit the area and want to do some trading, or if you are prepared to provide services to your LETS members who visit your new place of residence.

Secondly, you can close your account. This can be best achieved by returning your balance to zero. Your area coordinator or LETSystem Trustees can help show you how this may be done.

Thirdly, if you leave with either a credit or a debit balance, you should not worry too much, as the LETSystem as a whole will still be balanced at zero, and the LETS Credits, unlike federal dollars, can never leave the area. People will still be able to trade, and get their needs met.

Obviously, if everyone left your LETSystem, it would become inactivated, and transactions would dry-up. This has happened to LETSystems in the past, but nothing is lost, and no-one is hurt by the process (again, unlike the conventional money system).

15. How can a person "rip-off" the LETSystem?

Forget it. They cannot. Surprisingly LETS Credits provide one of the only theft-proof, non-rip-off-able currency systems possible in the world. Its simple rules operate in a fashion entirely different to conventional money, which can be stolen, and is often "ripped off". LETS Credits operate in a fashion wholly different to federal dollars.

Consider, for instance, the question of debt. If I borrow 100 federal dollars from you, then I effectively have $100 of your money which you cannot spend until I pay back. This is inconvenient to you, and, as a measure of this inconvenience you charge me interest (I may have to pay back $110 eventually).

In LETS if my account is 100 LETS Credits in debit, it means I have already paid someone 100 LETS Credits! No-one is inconvenienced, and so there is no interest. I can discharge my commitment whenever it is most convenient to me to do so. LETS by name and LETS by nature!

16. What about Tax?

Do I have to pay tax on LETS Credits? The Australian Taxation Office ruling on LETS, released in February 13th 1991 states that there are no Taxation implications for personal arrangements, social arrangements, hobbies or pass- times. These constitute about 70 to 80% of all LETS transactions. Only if I am a tradesperson, a professional, a business, or a retailer or wholesaler and I am trading in my business is there any implication for tax. In such cases, "Income" is income, and I have to pay tax on my LETS Credit earnings just as I do on my federal Dollar earnings. At present you should estimate the amount of tax you would have to pay on the transaction and charge that as part of the federal Dollars component to the person purchasing your services or buying your goods. The "LETS Do Business" guide will help you keep track of the amount you need to charge. These dollars you collect will have to be paid, eventually, to the Taxman, just as you do with any federal Dollar earnings. There is no difference with LETS.

LETSystems across Australia, while agreeing recommend to their members to abide by the Taxation ruling, also think it unfair. Tax on LETS should be paid for in LETS - Tax on Dollars, paid for in Dollars. This has the effect on keeping taxes collected on local transactions in the local community. If you would like to help your LETSystem lobby the government on this matter, get in touch with your Trustees or area coordinator.
Your LETSystem believes that tax is an individual matter, and an individual responsibility. LETS is not a Taxation Avoidance Scheme. Your LETSystem takes no responsibility for collecting or policing tax, and will not act as an agent of the Taxation Office. Under law, it cannot prevent the Taxation Office obtaining legal right to view our documents.

17. What about insurance?

Your LETSystem does not provide insurance, workers compensation, public liability nor any other coverage. These are individual matters and should be checked, if required, between the individuals involved in the transaction. If insurance is required, you may have to pay federal Dollars to help the other person cover the cost of the premiums (unless the LETSystem has managed to enrol an Insurance Company! If you would like to help enrol an Insurance Company, contact the Trustees or the area coordinator!)

18. What about Social Security?

It is a matter of interpretation whether and what degree LETS is "valuable consideration" under the Social Security Act. If you are concerned about Social Security, it is a good idea to keep your LETS account as balanced as much as possible, close to zero. For each positive transaction, try to provide a negative one balancing up as soon as you can. If Social Security becomes a matter of concern, contact your LETSystem, or ask Social Security about the Appeals Procedure, as an appeal against any Social Security ruling that is open to interpretation is your right under the Act. In Western Australia 50% of appeals are found in favour of the appellant, and Social Security have to reimburse any payments lost. If you receive Unemployment Benefit, and you wish to continue to do so, you should not allow your involvement in the LETSystem interfere with your ability to seek full time or part time work. After- hours involvement is probably best.

19. How are decisions determined within this LETSystem?

LETSystems are democratic organisations, controlled by their members. Your LETSystem will probably have an annual general meeting for the election of office bearers and committee members. Committee meetings are usually open to members and all are invited to participate. If you are interested in participating in either the administration or development of this LETSystem, you should get in touch with the local contact or LETS Committee. Increasingly, all work done for LETS Administration or Development will be acknowledged and paid through the system!

20. Where can I get more information?

The Community Development Branch of the Department of Commerce and Trade have a LETSystems Training Pack which provides groups and individuals interested in LETS with the all information required to start their own system ($25.00 + $3.70 postage & handling). There is also a video available.

source (http://www.gdrc.org/icm/lets-faq.html)

J8X2WIfyoWM

TrumanCash

23rd February 2024, 15:30

POST SHTF

If one understands the Declaration of Independence, and the Republican form of government, rescuing the Union of States (and their people) from “Emergency Rule,” perpetual bankruptcy, and virulent collectivism is a viable goal. BUT you cannot do it “within” the socialist democratic system. No election, no candidate, nor constitutional agency can resolve the mess.

Cooperation in the defense of private property rights from predation is one justification for the necessary evil of government. The Founders wanted government to be limited to adjudicating disputes, prosecuting criminals, and defending against all enemies, foreign or domestic - and nothing more without explicit consent of the governed.

However, I would not suggest using the Constitution as a model, since it was flawed from inception. It would require extensive modification to accurately define the relationship of the sovereign people with the servant government and its servants, the citizenry, with regard to rights and liberties (natural and personal). It would also need to explicitly bar enforcing contracts for usury, prohibit limited liability, and cease limiting lawful money to species coin. Furthermore, it would have to clearly delineate the difference between the right to absolutely own private property versus qualified ownership of estate (a privilege, subject to taxation and regulation).

Sadly, after 91 years of socialist indoctrination, it is highly unlikely that Americans would be able to resist the destructive forces of collectivism, money madness and usury (the abomination). Any attempt at reforming government would be crippled by embracing even just one flaw of the previous system. For once the rights of the individual are at the mercy of a group or a majority, no one’s rights are secure.
...

Ozmirage, I want to thank you for pointing out all the applicable laws that are no longer being followed. I've known about this for about three decades and went two years without using FRAUDs (Federal Reserve Auditing Unit Denominations). People were not happy with my doing this. I took Article I, Section 10 into court twice and the county lawyers (aka, liars) went after me with a vengeance along with a judge. Good ole bar association and Masonic corruption.

I think the Constitution was quite well-crafted but went off the rails in the 14th Amendment--"The validity of the public debt of the United States....shall not be questioned."

And now most people are hopelessly addicted to their smart phones and credit cards and using them to pay for everything. (I'm not, and that is why I use the word "cash" in my pen name.)

But I agree that the collapse is inevitable simply because people have become brainwashed sheep who do not realize or want to know that they are being led to the slaughter using high tech and unconstitutional/unconscionable statutes like US Code, Title 42, Section 666.

Living outside the beast system (Social Security Number) or restoring the Republic is virtually impossible now. The masses are too dumbed-down and complacent. They have already volunteered to put their shackles on.

52743

ozmirage

23rd February 2024, 18:47

5 Secrets Banks Don't Want You To Know!
Uncovering the Secrets of Fractional Reserve Banking (https://rumble.com/search/all?q=Fractional%20Reserve%20Banking) Money Scheme:

The rise of monetary economies assisted two significant changes to society:

First, since the fruit of one's labor was now monetized and so could be exchanged freely, it allowed for the specialization of labor.

Second, thanks to monetization, individuals could more easily save for the future.

NOT TRUE.

Actually, those two points highlight money madness, the belief that a money token has intrinsic value independent of the marketplace of goods and services.

You can't "monetize" labor and money doesn't empower specialization of labor. Nor can you save for the future.

To grasp the madness that one has been indoctrinated to accept is not always easy.

Let's use some examples to illustrate money madness.

1. You own all the money in the world. Are you rich? No. Because everyone else is trading without "your" money. To operate, your money token has to be IN DEMAND, and SCARCE, but not unavailable. (Hoarding money in a vault also impairs trade.)

2. The function of money is to facilitate trade when barter is insufficient. However, that requires a surplus to exist. If the marketplace is bare, money has no value. There is no correlation between the supply and value of money tokens, and the marketplace of goods and services. (This scenario was poignantly described in "Alas, Babylon" when the grocer sold out his stock for a bushel of money. He realized that there was no resupply to spend all that money.). However a full marketplace without money can function, because people can barter | trade their surplus.

3. Poverty (lack) is caused by money - not cured by it. If money really cured poverty, let us give everyone 22 billion billion dollards, making everyone equally “rich” and “Set for life,” so no one “needs money” ever again.
What happens if no one bothers to go to work, labor, manufacture, transport, and trade for more money they don’t need? Civilization collapses. Yet even the starving children are phenomenally wealthy. (Prosperity is not based on money!)

4. Under current money madness, there are only 3 ways to acquire needed money tokens : _trade (labor, property), _charity (public, private), and _crime. The "left" argue that when workers can't find jobs, and exhaust their resources and private charity, they are compelled to engage in crime to survive. Thus governments must provide public charity to deter crime. However, redistribution of surplus / compelled charity is not the remedy. Neither is compelled labor (slavery) for the benefit of another. (FDR was canonized for his imposition of socialist slavery, ironically.)

5. If you ask people why there's unmet need, unemployment, homelessness, closed factories, they generally answer "no one has enough money."
Wait ! Isn't inflation "too much money chasing too few goods"? How can we suffer inflation in the midst of a money drought? Reality voids the claim that inflation is “too much money chasing too few goods.” In fact, trade is hampered by the scarcity of money tokens, which is why there is unmet need despite our unused capacity to generate prodigious surplus via automation and mass production. Can you guess what is really driving inflation?

6. And money has no direct correlation with the marketplace of goods and services. No one "issues" more money when the economy expands. In fact, no one is "creating" new money. Paper currencies are IOUs (debt). They are not "certificates" (receipts for coin in the vault). In fact, banks don't loan money - they extend credit, at usury - but want real money in return. However, they'll accept our promises (obligations) and take a skim of our labor and property.

We are a money-mad people, wholly ignorant of our madness. We are so indoctrinated, that we cannot perceive that the abstraction of money clouds our reason. So we’re repeatedly skinned alive, and told to be grateful that we can regrow our skin before they do it to us again.

P.S. - "fractional reserve banking" is a buzzword used by propagandists. They concoct the claim that repeated lending "creates" more money. In reality, bankers only earn interest on that which is lent out. The "fractional reserve" is the amount of cash kept on hand to clear checks, etc. The REAL PROBLEM is usury (the fee, in money for the use of money). Ironically, no one seems to point the finger of blame at THAT.
FYI - usury has been condemned for "only" 3500 years, and proscribed by all religions that I checked. And is mathematically unsustainable in a finite money token system.

According to Ezekiel 18:13 KJV, usurers are condemned to death. Even Jesus whipped the usurers ("money changers") out of the temple - and HE forgave the folks who crucified Him. In Dante's Inferno, usurers are relegated to the lowest level.

Which is highly amusing to realize that in "It's a Wonderful Life," Angels are concerned with rescuing George Bailey, the "beloved" banker. Now THAT is powerful propaganda!
(One can imagine how different the movie would be if Mr Bailey was a child molester or cannibal.)

ozmirage

23rd February 2024, 19:00

ARTICLES v USCON
Though most Americans are taught that the Constitution replaced the "flawed" Articles of Confederation, and voided them, the truth is quite different. The Articles were incorporated into the USCON, by explicit reference, in Art. 6. (Status criminals are mentioned in Art IV, whereas they are not mentioned in the USCON, but were prosecuted until the 1930s - and the start of socialism)

If you examine the Articles and the Constitution, clause by clause, you will find that the Constitution gave no new powers to Congress regarding the States.

So what did change?
The "United States, in Congress assembled" was re-organized into three branches.
(90% of the Articles is about delegated powers, while 90% of the Constitution is re-organization)

Lastly, and paramount, was the requirement that all STATE officials swear an oath to the USCON, making IT the "Supreme Law of the Land," and thus superseding their oaths to their respective STATES.

THAT is how the federal government became dominant.
. . .
It is ironic that we're led to believe that there's something "special" about the USCON, and are rarely exposed to the Articles.

One reason is that people might QUESTION who is who.
Article I. The Stile of this confederacy shall be "The United States of America".

Article II. Each state retains its sovereignty, freedom, and independence, and every Power, Jurisdiction and right, which is not by this confederation expressly delegated to the United States, in Congress assembled.
Please note: The 50 states united are the "United States of America".
The "United States" (federal government) refers to Congress, and its two other branches - executive and judicial.

So exactly WHO were the "We, the People of the United States" who ordained the USCON? Not all Americans could vote, so it didn't refer to the people of the united States of America.
Ask your public servants to explain that.

(You might discover why Patrick Henry refused to attend the constitutional convention because he "smelt a rat.")

ozmirage

23rd February 2024, 19:22

If you’re a victim of disinformation and / or indoctrination, do not be too harsh on yourself. Most Americans are victims of the world’s greatest propaganda ministry.

If you’re frustrated with the socialist democratic form of totalitarianism and “voluntary” slavery, you’re not alone. However, it is important to study facts and ignore the mythology promulgated by agents of discord and disinformation.

The Counter Revolutionary Checklist:
● <> Republican form of government vs socialist democratic form
● <> Endowed Rights vs granted privileges
● <> Absolute ownership of private property v qualified ownership of estate
● <> Liberty money (freely created) vs lawful money
● <> Withdraw consent from “Voluntary” Socialism
● <> Shun usury in all its forms
● <> Intolerant of predators and parasites
● <> No limited liability, nor group privileges superior to individual rights

The Counter Revolutionary advocates respect for the person, liberty and property rights of others. What’s yours is yours. Our birthrights are endowments of our Creator, not dependent upon governments instituted to secure those rights. And that we who do not consent to be governed, retain our endowed natural and sacred rights, liberties, prerogatives and absolute ownership rights, which are not subject to democratic vote.

The opposition seeks to rule without consent, take without consequence, plunder without fear, and demands our gratitude for its benevolence - allowing us to regrow our skin before skinning us alive - repeatedly.

LIBERTY MONEY

FYI - any money token system where the real producers (laborers / businesses) cannot create the medium of exchange used in trade, is basically a scam to rob, cheat and defraud. That includes precious metal coinage (gold, silver), cybercurrencies, and any other scheme.

Prosperity is based on prodigious production and equitable trade of surplus usable goods and services. Producers can emit “liberty money” - private mediums of exchange - to facilitate trade when barter is insufficient. (No government money monopoly; no usury)
(It is a "liberty" to engage in trade, and thus it is an endowed right of the sovereign people to create their own mediums of exchange. That's why coupons are not subject to an excise tax.)

ozmirage

23rd February 2024, 19:35

STOCK CORPORATIONS

What most believe is “capitalism” is actually usury, anathema to true capitalism - the absolute ownership of private property by individuals - not group ownership of an artificial person existing by government privilege.

Corporations are artificial persons used by a group of people to engage in usury (an abomination) while not being held liable for the harm done in pursuit of profit. (Limited liability)

As you can imagine, a corporation can be a most dangerous thing. Enter, regulations. To deal with these “persons” that you cannot prosecute nor physically punish, government enacted reams and reams and reams of regulations to restrain them. Unfortunately, the responsible people were burdened with these same restrictions. (Which gave corporations an advantage over all other forms of business)

The remedy is simple - abolish limited liability for any group “person” - and you eliminate the need for regulations. Any injured party can seek justice, under the simple rules that punish deliberate injury and compel compensation for accidental injury.

STOCK CORPORATIONS without USURY

If stock dividends were not denominated in money tokens, but that which the corporation produced, there would be no usury.

For example, General Motors dividends could be denominated in vehicles. A stock holder would receive a certificate for a whole or portion of a vehicle. That certificate could be discharged, or traded.

The difference is that GM can make "new" vehicles, but cannot make "new" money tokens.

ozmirage

23rd February 2024, 19:54

TL;DR version

Under the promised republican form of government, you have the endowed right to life, liberty (natural and personal), absolute ownership of private property ("pursuit of happiness"), as well as inherent powers, privileges and immunities (as one of the sovereign people).

You can acquire a domicile (a permanent, legal home) that is constitutionally protected (not subject to taxation, condemnation, confiscation, etc), upon which you can exercise sovereign prerogatives.

You can engage in harmless vocations in support of your right to life and liberty. And trade your surplus goods and services thus enjoy prosperity.

You can travel upon the public roads and waterways, as part of personal liberty.

None of these endowed rights are subject to taxation, regulation or restriction. You do not need their permission (license). That is your birthright as an American national and free inhabitant.
Don't let the "collapse" eradicate your Creator's endowment.

Of course, if you do consent to be governed as their subject citizen, shut up, sit down, pay and obey. And if you sign up for socialism, you've become a status criminal as well as accepted the duty to support all other socialists. Lastly, if you engage in contracts for usury, you've consented to abide by the rules of the Abomination - ahem - Bank.