FIAT CURRENCY and the flip-flop of power
The wealth ownership has been transferred from a Constitutional money system from a currency of intrinsic value (Gold and Silver coinage) designated as the Dollar and delineated by the First Congress as to how many Troy Ounces are contained within. The printed or paper currency was a certificate upon which the specific number of Dollars was stared. The Gold Certificate or the Silver Certificate could be exchanged for the actual precious metals coinage at the treasury - real money, Constitutional money, a reliable and consistent standard which provided a safety net for what you earned, saved and invested. That has been corrupted into a system whereby wealth is held in the form of holding the debt of individuals, corporations, banks and nations. Expanding the FIAT MONEY supply via printing or electronically has evolved as a way to avoid paying debt at the same level at the time it was originally transacted which consequently cheats the little fish as the bigger fish along the way keep gaining advantage over those smaller. Main Street, small to medium business and the family farm are continually absorbed by the bigger fish who are now swallowing each other. The general populace is no longer a free people but are now obediently indebted to Big Finance, Big Corp and Big Government. They no longer serve us on an equitable and fair level, we serve them to every extent they wish to impose!
R T Poet
If everyone knew all there is to know, they would not do half the things they do, including myself, therefore I must foregive them, including myself.
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