You’re being stolen blind. You can’t help it because it’s all you’ve ever known. That doesn’t make it right. Let’s take a further look this week at exactly how bad the theft is.
I’ll present you two distinctly differing options for creating what we use as “money,” and you can decide which makes more sense for the populace. Ready?
Option A: Funny Money
Funny money requires nothing more than a Bucks R Us franchise, a computer, and a printing press. The computer will receive much more use than the laborious printing press, as the majority of our money supply is in digital or checkbook form. It goes without saying that a collusive government and dumbed-down population are part of the equation. There is nothing quite like a license to print money…
Absolutely nothing tangible stands behind this form of money. It is fancy paper and ink or digital entries on a master computer. There are no guarantees that it can be exchanged for anything. Money by decree. We only have the “full faith and confidence” that more will be printed should any crisis arise. Throwing more bad money after bad money is the status quo.
This system of money is based on debt. Without debt there can be no money. In fact, without ever-expanding debt the entire scheme will implode. Bad (fraudulent) debt continues bursting across the globe as the ongoing crisis continues. This is way past simply a “subprime” mortgage problem. When you see global central banks lowering interest rates in unison and begging for borrowers, you can rest assured the situation is dire.
There is no limit to how much funny money can be created. See Weimar Germany after WW1 or many third-world banana republics in more recent years. Spiraling costs go hand in hand with out-of-control money creation. Gosh, I wonder why November wholesale prices in the U.S. just rose 3.2 percent?
The Bucks R Us gang also comes hand in hand with big government. Big government can spend recklessly with their franchise buddies around. They don’t even have to tax you in order to spend. Government regularly prints up some fancy pieces of paper called bonds or notes and sends them over to the Fed carnies. The Fed turns them into what we call “money” via accounting trickery. The Fed has nothing to offer for this effort other than typing skills and a franchise certificate. It is a fraudulent transaction from the start. It is “usury” in the extreme.
INTERNAL ENDORSEMENT
Let the Demise of the Dollar Lead You to 1,000% Gains
As the dollar continues to erode, so will the accounts of those who rely solely on the usual stocks and bonds. But the demise of the dollar won’t be a calamity for everyone…
Influential corporations also entwine themselves with big government for a prime spot at the feeding trough. There is no room left at the trough for the little guy.
The something-for-nothing crowd absolutely loves this setup. Free wars, free pork, free health care, free deficits, free influence peddling, and free lunches. At least they think all these items come without cost. You know better. Unbacked money has zero monetary restraint on government. Not a good idea. Remember, printing excess money is a hidden form of taxation. We will deal with this problem in greater detail in a coming article.
Central planners come as a centerpiece with funny money. They are supposed to have a skillful handle on the economy and all of its fluctuating needs. Their track record, however, is abysmal at best. They specialize in booms, busts, and money that chronically loses value. This is no accident. They don’t trust the markets mainly because they don’t like competition for their gravy train.
Check out how the central planners of Russia fared over time. Communists are renowned central planners. I thought communism was a failed philosophy.
Who is it that reaps the greatest rewards of franchise money printing? Those who own the franchise, of course. Click here for a list of those lording money over the American people. See your state senators and representatives for those who continue enabling this catastrophe.
Option B: Money Backed by Substance
Congress is constitutionally mandated to “coin” our money. Not manage it, but merely see that it is of consistent weight and measure. Silver and gold are still the law of the land for those who believe the Constitution still holds relevance.
Congress is also charged with manufacturing our money without profit. This is supposed to be their service to us. They apparently got confused and serviced us with the likes of the also unconstitutional Internal Revenue Service. With honest money, if a buck costs the government five cents to print, they get nothing more as profit (seigniorage) for their efforts. No free lunch here. We’re paying the franchise guys for a job that Congress is obligated to do for free.
Out-of-control government is very unlikely with money backed by and interchangeable with tangible substances. The smoke-and-mirror act of hidden inflation would be no more. The parasitic relationship between the banksters and the Washington elite would be broken. If you can’t tax the American people directly for your various schemes, they aren’t nearly as likely to happen.
Without the funny-money system, based entirely upon a foundation of debt, the endless series of booms and busts would be history. The next time you see some economic guru salivating like a dog for lower interest rates, you might just picture him panting for a false and unsustainable boom. We’re in a bust now and it’s a direct result of a funny-money boom.
Could you imagine price stability? How about prosperity based upon savings and production instead of debt? How about no interest being paid on the nation’s gross money supply?
Don’t let anyone tell you that there’s not enough silver or gold to satisfy circulation needs. That is complete nonsense. Both “monetary metals” can be broken down into whatever unit is desired. You could denominate a gram of silver as $10 or $100 or whatever unit is chosen. It’s simple math.
There are currently digital forms of honest money. The government doesn’t provide it so the free market fills the void. See Gold Money or e-gold for demonstration purposes only. Obviously, these systems work. This is one way to keep officially caused inflation at bay. Gold and silver remain governed but they are still hollering monetary abuse with their persistent price rises. They are going to continue grinding higher.
Conclusion
Make an informed decision and take your pick. In the meantime, your fiat money can be exchanged for precious metals, not from the government, but from a precious metal dealer.
Invest resourcefully,
Rusty
P.S. Shockingly, there is a presidential candidate who has led the fight against fraudulent money for decades. He is the only one I know of who isn’t compromised by the elitist money changers. You might consider joining the Ron Paul Revolution.
P.P.S. To let me know what you thought of today's article, send an e-mail to: feedback@investorsdailyedge.com.
[Ed. Note: Dr. Russell McDougal has dedicated years of study and investing in the natural resources exploration sector. During that time he has closed out DOZENS of gains of 500%... 1,000%... 2,000% and more! Currently he is sitting on multiple thousand percent winners, including one stock that is up a whopping +5,000%. And for a select group of investors, Rusty has agreed to share his secrets of success... and his top stock recommendations. Click here to learn more... ]
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