deafdrummer
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Not the answers I was looking for... The hidden stories in the article.
1) Debasing coinage with cheaper metals or larger nominal-value coins
What they are doing is getting you ready for a dollar devaluation by using cheaper metals (since metals used in older coinage now cause them to be worth more for their "melt-value" than their face value). This is why they have made it illegal for you to melt down coins. So that you can't buy $200 worth of old pennies and get $400 out of it, and repeat the process. Current Melt Value Of Coins - How Much Is Your Coin Worth? tells you that the penny made prior to 1982 is worth more than two cents, even a well-aged one. On the other hand, some coins are over valued, i.e., the actual metal value is much less than the nominal value. This is called seigniorage - look it up. They do this for a reason - they want to make sure that the money can withstand inflation for as long as possible before succumbing to Gresham's Law - bad money (made with cheaper metals) chases out good money (made with silver, gold, or copper). However, they didn't think it through with the penny. Look at the dime, quarter, half-dollar, and the dollar coins, once made with silver. A dime just for its melt-value at the coin shop would run you $2.3885. Your FAKE dime from 1965-on has about $0.01987 cents of base metal in it. So, my dime has 120 times the value of YOUR dime. BUT, because of the profit-making of the mint, it's only 23.88 times the value of your dime.
2) Forcing you over to digital money by making you use something you don't like - heavy coins
The idea is, "Oh, so you want to keep using paper money instead of using debit cards so we can't track your asses? Fine, a-holes! We're going to take away the paper money and make you use the coins, instead." And they know damn well people won't like it and eventually go digital.
3) Once you are in digital money strictly, then they track everything you do financially.
This is what you people need to realize. They collect your billing information and use it as part of the efforts of the marketing industrial complex (military industrial complex analogy - get it?). Paper money and especially gold/silver allows you to hide if you know what you're doing. About all they would know when using a debit card for cash periodically would be, "She's in Ft Carson, CO at this time." Nothing about the fact that you're buying thousands of rounds of ammunition or hundreds of pounds of food, etc. The things that preppers do.
4) Omissions of facts
The author didn't say that the penny made up to and including 1982 is the one costing 2 cents, not the ones with cheaper metals made from 1982-on (yes, they did both compositions during 1982 which was a transition period for the penny). The current penny costs .005... cents to make. Have you noticed that the penny with the shield on the back on the newer ones have that look and feel of coins from communist countries?
The above paragraph also indicates that the last time coinage was changed was in 1982, 30 years ago, not nearly 50 years ago (when silver was taken out of coinage and replaced with base metals - non-precious or common metals)
They completely leave out the fact that the reason for changing the coinage is because the seigniorage, or the profit from issuing coins at a higher face value than the melt value, gets smaller and eventually disappears over time as inflation pushes up the price of metals (and everything else) above the face value of the coinage - Gresham's Law. Eventually, the cost of making the coin is more than the face value stamped on it. This is CAUSED by expanding the money supply too fast, and that is easily done with paper money, but completely easy with DIGITAL money. Just pass an appropriations bills, enter in several digits on a computer, and hit return - billions, if not trillions created ON THE SPOT without looking for, mining, refining, and finally minting gold/silver coins, all dangerous, hard work. Without felling trees and milling them for the paper to create the paper dollar bills. The computer is the ULTIMATE tool for unrestrained expansion of the money supply. The reason it didn't happen with gold or silver, except for times when it was vastly expanded by finding huge, high-yield mines like Silver Lode, which caused silver to be devalued against gold, is because looking for, mining, refining, and finally minting gold/silver coins is dangerous, dirty, and hard work that keeps tight reins on how fast money can be made. Historically, the mining of gold/silver/copper kept up with the population growth, so that the money supply was stable over time.
5) However, there may be more to this than I'm willing to give credence to - setting up a return to a modern gold standard.
I notice two things about this. One, the interest rate environment for the common wage earner stinks compared to 30 years ago, when you had savings accounts somewhere around 5% annually. Two, if the people controlling the US Treasury Dept. wanted to hold people inside digital money, they would have done so already, simply by dropping all coinage, never even considering the metal dollar being considered at this time.
The first point would remind one that in a gold standard that works properly, you would not have an interest rate at a warehouse to "earn" interest. In fact, you would be paying for the warehousing of your precious metals for safe-keeping - don't you pay storage fees for your excess furniture and tools at storage facilities? Same idea there. Notice the banks starting to act like warehouses in that you pay them for safe-keeping of your dollars through "checking account fees." The way things used to be, if you were a worker of some sort, you had 100 ounces of gold, and you had a goal of having 105 ounces of gold by the end of the year, guess what? You had to get out there and earn it yourself. The honest way. Work for it.
The second point of metal coins being considered is getting people used to the idea of carrying metals on their persons, which is how it used to be for the average person riding into town in the 1800s, especially if you were not a business person or a person of means. Maybe the people orchestrating this fears that the people would be so burned on the reality of fiat money and the theft it represents, that banks known in the 20th century sense would lose ALL credibility and would lose ALL ability to loan out ANYTHING in the absence of fiat. People would end up carrying the coins on their persons, at least until entities formed as "warehouses" for safe-keeping of your money come into existence, and people could begin to trust them.
This leads me to say that the new $100 bill coming out in the future has details on it that seem to have signs of a modern gold standard returning. NewMoney.gov - Progress Update: The New $100 Note is a link showing a new $100 bill and that the Federal Reserve System will be releasing this new bill sometime in the future. The video says that the reason for the delay in releasing this bill is because of a creasing problem in the paper found during production. There's more to the story than that. It appears to a source of mine that the reason for the delay is because of the timing. It's not ready for that yet. Here's why.
Let's look at the new $100 bill - The Hidden Meanings in the New $100 Bill! found by a source of mine that says:
--------------------------------
Ok. So it may be a coincidence and I may have an over active imagination but bear with me while we explore further. Take a real close look at the new bill keeping in mind that the US has a special history of hidden meaning behind their bills and there's a real possibility of a currency crash (with a return to the Gold Standard) in the very near future.
Let's start with the most glaring difference even from the other new colored bills: that huge Blue Stripe down the right center. For those not familiar with the symbolism of the American flag colors: Red symbolizes Hardiness and Valor, White symbolizes Purity and Innocence and Blue represents Vigilance, Perseverance and Justice. Is it possible that the big Blue Stripe may have more significance that you might expect?
When it comes to monetary theory there are really only two serious camps. The first believes in fiat/paper money and the second believes in a "hard money" backed by gold. Lets assume these two opposing ideologies are represented on this bill. Look closely at the left side of the Blue Stripe.
Let's say the left side represents the fiat/paper money camp. There is no new coloring at all just the same ole drab green. The same ole fiat money. It's all there...the words "Federal Reserve Note", the Official Fed Seal, Ooo..looks like the US Treasury Secretary signature has been moved from the right to the left side(come on...which camp did you think Geithner would be put in?!). And for you currency buffs, even Benjamin Franklin is positioned on the left of the Blue Stripe with that quizzical grin...why you ask?
Well, not many know it but Ben Franklin was a BIG supporter of paper money in his day. Don't get me wrong, he was a great and loyal American who was very much anti-banker but in his day the battle was reversed. It was the English bankers who were all about forcing the colonists onto a Gold/Silver standard but Franklin knew that the overseas trade would leave no physical money for the colonies to conduct domestic commerce with. It was probably the TRUE cause of the American Revolution!
Now let's look at the right side of that Blue Stripe...the "Vigilance, Perseverance and Justice" side!
OH MY GOODNESS...GOLD GALORE!! A Gold Ink Well, Gold Liberty Bell, Gold Feather Pen, Gold "100", Gold Watermark, Gold Writing in the background, Gold "July 4, 1776"...there's even a HUGE gold "100" on the back of the right side. The right side of this bill is so full of gold it will probably droop when you hand it to the cashier!
Here's my take on all the Gold symbolism:
- The US has long prepared to return to a Gold Standard and the time has come.
- The Gold Ink Well symbolizes the power of Congress to pass laws that can dismantle the Fiat Money System with the stoke of a pen.
- The Gold Liberty Bell within the ink well symbolizes Congresses ability to write laws that destroy the banking cabal's strangle hold on the Liberty of citizens in the United States.
- Notice the words "THIS NOTE IS LEGAL TENDER FOR ALL DEBTS,PUBLIC AND PRIVATE" has also been moved from the left to the right side (or the gold standard side!)
- Notice how the color of the "100" on the bottom front changes from GREEN to GOLD...still not convinced?
- And now my favorite... look at the wording right above the "100" on the far right.
Do you see it?
"...the People to alter or abolish it, and to institute new..."
That, my friends, comes directly from our Declaration of Independence and says the following:
"That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness."
Has there ever been a time in the last 100 years that the people were more ready to "alter or abolish" our government?!
Can "They" make it more obvious...GET READY FOR A GOLD STANDARD!
-----------------------------------
Or so he claims... You decide if this is possible.
1) Debasing coinage with cheaper metals or larger nominal-value coins
What they are doing is getting you ready for a dollar devaluation by using cheaper metals (since metals used in older coinage now cause them to be worth more for their "melt-value" than their face value). This is why they have made it illegal for you to melt down coins. So that you can't buy $200 worth of old pennies and get $400 out of it, and repeat the process. Current Melt Value Of Coins - How Much Is Your Coin Worth? tells you that the penny made prior to 1982 is worth more than two cents, even a well-aged one. On the other hand, some coins are over valued, i.e., the actual metal value is much less than the nominal value. This is called seigniorage - look it up. They do this for a reason - they want to make sure that the money can withstand inflation for as long as possible before succumbing to Gresham's Law - bad money (made with cheaper metals) chases out good money (made with silver, gold, or copper). However, they didn't think it through with the penny. Look at the dime, quarter, half-dollar, and the dollar coins, once made with silver. A dime just for its melt-value at the coin shop would run you $2.3885. Your FAKE dime from 1965-on has about $0.01987 cents of base metal in it. So, my dime has 120 times the value of YOUR dime. BUT, because of the profit-making of the mint, it's only 23.88 times the value of your dime.
2) Forcing you over to digital money by making you use something you don't like - heavy coins
The idea is, "Oh, so you want to keep using paper money instead of using debit cards so we can't track your asses? Fine, a-holes! We're going to take away the paper money and make you use the coins, instead." And they know damn well people won't like it and eventually go digital.
3) Once you are in digital money strictly, then they track everything you do financially.
This is what you people need to realize. They collect your billing information and use it as part of the efforts of the marketing industrial complex (military industrial complex analogy - get it?). Paper money and especially gold/silver allows you to hide if you know what you're doing. About all they would know when using a debit card for cash periodically would be, "She's in Ft Carson, CO at this time." Nothing about the fact that you're buying thousands of rounds of ammunition or hundreds of pounds of food, etc. The things that preppers do.
4) Omissions of facts
The author didn't say that the penny made up to and including 1982 is the one costing 2 cents, not the ones with cheaper metals made from 1982-on (yes, they did both compositions during 1982 which was a transition period for the penny). The current penny costs .005... cents to make. Have you noticed that the penny with the shield on the back on the newer ones have that look and feel of coins from communist countries?
The above paragraph also indicates that the last time coinage was changed was in 1982, 30 years ago, not nearly 50 years ago (when silver was taken out of coinage and replaced with base metals - non-precious or common metals)
They completely leave out the fact that the reason for changing the coinage is because the seigniorage, or the profit from issuing coins at a higher face value than the melt value, gets smaller and eventually disappears over time as inflation pushes up the price of metals (and everything else) above the face value of the coinage - Gresham's Law. Eventually, the cost of making the coin is more than the face value stamped on it. This is CAUSED by expanding the money supply too fast, and that is easily done with paper money, but completely easy with DIGITAL money. Just pass an appropriations bills, enter in several digits on a computer, and hit return - billions, if not trillions created ON THE SPOT without looking for, mining, refining, and finally minting gold/silver coins, all dangerous, hard work. Without felling trees and milling them for the paper to create the paper dollar bills. The computer is the ULTIMATE tool for unrestrained expansion of the money supply. The reason it didn't happen with gold or silver, except for times when it was vastly expanded by finding huge, high-yield mines like Silver Lode, which caused silver to be devalued against gold, is because looking for, mining, refining, and finally minting gold/silver coins is dangerous, dirty, and hard work that keeps tight reins on how fast money can be made. Historically, the mining of gold/silver/copper kept up with the population growth, so that the money supply was stable over time.
5) However, there may be more to this than I'm willing to give credence to - setting up a return to a modern gold standard.
I notice two things about this. One, the interest rate environment for the common wage earner stinks compared to 30 years ago, when you had savings accounts somewhere around 5% annually. Two, if the people controlling the US Treasury Dept. wanted to hold people inside digital money, they would have done so already, simply by dropping all coinage, never even considering the metal dollar being considered at this time.
The first point would remind one that in a gold standard that works properly, you would not have an interest rate at a warehouse to "earn" interest. In fact, you would be paying for the warehousing of your precious metals for safe-keeping - don't you pay storage fees for your excess furniture and tools at storage facilities? Same idea there. Notice the banks starting to act like warehouses in that you pay them for safe-keeping of your dollars through "checking account fees." The way things used to be, if you were a worker of some sort, you had 100 ounces of gold, and you had a goal of having 105 ounces of gold by the end of the year, guess what? You had to get out there and earn it yourself. The honest way. Work for it.
The second point of metal coins being considered is getting people used to the idea of carrying metals on their persons, which is how it used to be for the average person riding into town in the 1800s, especially if you were not a business person or a person of means. Maybe the people orchestrating this fears that the people would be so burned on the reality of fiat money and the theft it represents, that banks known in the 20th century sense would lose ALL credibility and would lose ALL ability to loan out ANYTHING in the absence of fiat. People would end up carrying the coins on their persons, at least until entities formed as "warehouses" for safe-keeping of your money come into existence, and people could begin to trust them.
This leads me to say that the new $100 bill coming out in the future has details on it that seem to have signs of a modern gold standard returning. NewMoney.gov - Progress Update: The New $100 Note is a link showing a new $100 bill and that the Federal Reserve System will be releasing this new bill sometime in the future. The video says that the reason for the delay in releasing this bill is because of a creasing problem in the paper found during production. There's more to the story than that. It appears to a source of mine that the reason for the delay is because of the timing. It's not ready for that yet. Here's why.
Let's look at the new $100 bill - The Hidden Meanings in the New $100 Bill! found by a source of mine that says:
--------------------------------
Ok. So it may be a coincidence and I may have an over active imagination but bear with me while we explore further. Take a real close look at the new bill keeping in mind that the US has a special history of hidden meaning behind their bills and there's a real possibility of a currency crash (with a return to the Gold Standard) in the very near future.
Let's start with the most glaring difference even from the other new colored bills: that huge Blue Stripe down the right center. For those not familiar with the symbolism of the American flag colors: Red symbolizes Hardiness and Valor, White symbolizes Purity and Innocence and Blue represents Vigilance, Perseverance and Justice. Is it possible that the big Blue Stripe may have more significance that you might expect?
When it comes to monetary theory there are really only two serious camps. The first believes in fiat/paper money and the second believes in a "hard money" backed by gold. Lets assume these two opposing ideologies are represented on this bill. Look closely at the left side of the Blue Stripe.
Let's say the left side represents the fiat/paper money camp. There is no new coloring at all just the same ole drab green. The same ole fiat money. It's all there...the words "Federal Reserve Note", the Official Fed Seal, Ooo..looks like the US Treasury Secretary signature has been moved from the right to the left side(come on...which camp did you think Geithner would be put in?!). And for you currency buffs, even Benjamin Franklin is positioned on the left of the Blue Stripe with that quizzical grin...why you ask?
Well, not many know it but Ben Franklin was a BIG supporter of paper money in his day. Don't get me wrong, he was a great and loyal American who was very much anti-banker but in his day the battle was reversed. It was the English bankers who were all about forcing the colonists onto a Gold/Silver standard but Franklin knew that the overseas trade would leave no physical money for the colonies to conduct domestic commerce with. It was probably the TRUE cause of the American Revolution!
Now let's look at the right side of that Blue Stripe...the "Vigilance, Perseverance and Justice" side!
OH MY GOODNESS...GOLD GALORE!! A Gold Ink Well, Gold Liberty Bell, Gold Feather Pen, Gold "100", Gold Watermark, Gold Writing in the background, Gold "July 4, 1776"...there's even a HUGE gold "100" on the back of the right side. The right side of this bill is so full of gold it will probably droop when you hand it to the cashier!
Here's my take on all the Gold symbolism:
- The US has long prepared to return to a Gold Standard and the time has come.
- The Gold Ink Well symbolizes the power of Congress to pass laws that can dismantle the Fiat Money System with the stoke of a pen.
- The Gold Liberty Bell within the ink well symbolizes Congresses ability to write laws that destroy the banking cabal's strangle hold on the Liberty of citizens in the United States.
- Notice the words "THIS NOTE IS LEGAL TENDER FOR ALL DEBTS,PUBLIC AND PRIVATE" has also been moved from the left to the right side (or the gold standard side!)
- Notice how the color of the "100" on the bottom front changes from GREEN to GOLD...still not convinced?
- And now my favorite... look at the wording right above the "100" on the far right.
Do you see it?
"...the People to alter or abolish it, and to institute new..."
That, my friends, comes directly from our Declaration of Independence and says the following:
"That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness."
Has there ever been a time in the last 100 years that the people were more ready to "alter or abolish" our government?!
Can "They" make it more obvious...GET READY FOR A GOLD STANDARD!
-----------------------------------
Or so he claims... You decide if this is possible.
