Saturday, November 22, 2008

Crash Course! Money, Inflation, and Debt.




Team,

Look very carefully at the dollar bills above.

One of them is a substitute for real money, and the other represents an I.O.U. issued by a private banking institution [1][2].

Will the real U.S. Dollar please stand up??


If you have a moment, please watch the videos below.


















And, lest I forget, I gotta give a Big Shoutout to my man Ba1anced for recommending Mr. Chris Marten's Crash Course, a series of short lectures hosted on the Goldsilver.com website.

Crash Course is accessible, easy to understand, and powerful.

Highly recommended viewing.

Please understand where your money comes from.

Please understand that those Federal Reserve notes you carry in your pocket do not represent wealth. Those dollars that you work so hard for are the living embodiments of debt slavery and fiat monetary peonage [a][b][c].

Once you understand what your modern day money represents, then you will know who your real enemies are.

And if you are ready to hit them where it hurts, the battleplan is simple:

1) Avoid fiat currencies whenever possible and move into tangle assets of real value.

2) Avoid wasting your precious resources by supporting our consumer driven economy. Even if you are forced to use Federal Reserve Notes as a medium of exchange, simply keeping your bills under your mattress will wreak havoc on our debt based regime that absolutely depends on new issuance of debt, and a constant supply of money circulating within the fractional reserve banking system.

3) Avoid taking on unnecessary debt as much as possible. When you do, you give our fiat economy a new lease on life. Why do you think there is so much pressure for banks to lend money, and for consumers to take out new mortgages and max out their credit cards?

4) Don't put yourself in a position where you are forced to hand over Federal Reserve notes by family court decree.

5) Educate your friends and family, and encourage them to educate their friends and family. We want as many people as possible to understand what our money is, what it represents, and how they can fight back.

6) Chill out, have a good time, and watch as our debt based system implodes under its own corrupt weight.

Sincerely yours,

Goldfinger.

3 comments:

Elusive Wapiti said...

"Don't put yourself in a position where you are forced to hand over Federal Reserve notes by family court decree. "

May be a bit more difficult than one realizes. Particularly since it isn't guys that usually sign up for this object lesson in who has the power in the family.

I like your point on not taking on consumer debt if one can help it. I'm going through Rothbard's "America's Great Depression" right now over at Vox's place, and he contends that loans to consumers are not inflationary. I fail to see how...they are just as inflationary as printing money, esp since many people owe more on their vehicles than what they are worth on the market...that's inflated value right there.

First order of business for me is to get out from underneath my car loans as soon as possible.

Anonymous said...

Solid stuff Toku. I hope many heed this advice man. What scares me is that we may have already hit that critical point on the growth curve where the numbers grow at insane levels. This may usher in the Amero.

Kirigakure said...

"May be a bit more difficult than one realizes. Particularly since it isn't guys that usually sign up for this object lesson in who has the power in the family."

Very true. The best way for men to take care of themselves is to simply avoid entangling relationships unless they live in a jurisdiction that is Man-friendly.

At this stage of the game, going Ghost might be the wisest strategy.

"Ba1anced/Purposed_1/Alvin III said...

Solid stuff Toku. I hope many heed this advice man. What scares me is that we may have already hit that critical point on the growth curve where the numbers grow at insane levels. This may usher in the Amero."

Good points. As I've written previously, I think that a dollar crisis and collapse will be the final endgame, and then you might see a regional or global currency introduced.

And more likely than not, this will have to have some form of gold backing... as the current fiat regime of Euros and Dollars becomes spectacularly worthless on a grand scale. No one will accept a new currency unless they believe it is backed by something of value.

I think gold will be that backing.

Think of it as doing the right thing for the wrong reason.