posted on Jan, 22 2011 @ 12:25 PM
Money. Biblically, the love of it is the root of all evil. Yet, it is hard to think of the world without it. Few could live or operate in a barder
system. The pieces of paper that we now possess in our wallets have a sadistic secret attached to it. One I hope to share with you now.
For all we learn in school, little to nothing (or maybe even blatant lies) are taught with regards to money. I remember a High School class of
economics that tried to teach us the way of stocks and bonds, how to look and examine them and how to succeed (or in my case) fail to make a profit,
but made no mention to how currency itself operates.
Rappers, businessmen, rock singers and celebrities all seem to have found the secret to money, but not even the richest are immune to its shrouded
effects. Rapper Dr. Dre states “Its the root of all evil and sin, yet it makes the world go around like my 20 inch rims...” And he is correct.
Money, green backs, cheddar... Call it what you like. But it rules your life. I have since took an interest in its study and am honored to give you
a taste of the heavy secret that money carries with it. I never claim to be great in knowledge, just a brash and abrasive biker... But here are some
things you might like to know about the denominations of 1,5,10,20,50s and 100s that you seek or may possess as well as the organization that heads it
all... The Federal Reserve.
The system of bardering was the only way to purchase what early man could not produce himself. This system is still strong today with trustworthy
people, however, has lost its dominion with the progression of specialized work and occupations.
Soon thereafter, the coin was minted so that people did not have to travel with loads of bartering implements. All the easier to travel with and
keeping the items safer. It would be difficult to think of a sheep herder traveling with 20 or so sheep so that he may visit a family member and use
the sheep to pay his way on his journey. Obviously coins would pose a better option.
Coins proved to have their own downfall. That in being that large numbers of them were also difficult to travel with and hard to hide. So, the
obvious transition to paper currency occurred.
Interestingly to note here however, is the creation of these paper notes. Originally, the colonies of America printed small amounts of their own
notes ”In the colonies we issue our own money. It is called Colonial Script.” Ben Franklin was stated as saying. “We issue it in proper
proportions to the demands of trade and industry to make the product pass easily from the producers to the consumers... In this manner... We control
its purchasing power, and we have no interest to pay to no one.”
Should this be true today then we would live in a paradise of a society. Free from interest on loans and still able to get what we need (if not
necessarily want). So, what happened to this utopia you may ask... the Federal Reserve.
Strangely, the “Federal” in the Federal Reserve does not tie it to the government of the United States. It is just part of the name. The actual
reserve is owned by private companies with stockholders. Anyone who knows anything about companies knows that it looks out for its stockholders
before anything else. Now this entity came into existence and power is something that I could go into, but its out there. The information is all
around you... Look it up. It'll distract from what I'm trying to accomplish here.
Basically, with its creation, the banks were able to accomplish something dastardly; allow people to payoff the losses of the banks.
Obviously, our forefathers were heavily against a central bank... Quotes abound from Franklin, Jefferson and many other way wiser than me are out
there.
The game begins with the central bank issuing money to cover its own debts. This is known as “fiat” money or worthless money made acceptable by
law or decree of government. Sound familiar? The Central Bank can print all it wants, but woe to those who try to print their own.
The government pays its expenses with this paper that is suppose to have some sort of collateral behind it (ie: gold), but because it regulates how
much is produced, that is left up to speculation.
The main problem most people have is with the IRS and perhaps rightfully so, but again, that is an issue you, the reader will have to inform yourself
of. But don't expect a Disney story.
You work and get paid for your effort. Let's say you get $400 a week... But it's a paycheck with money that is controlled by the Central Bank.
It alone regulates the inflation and other issues that keep you, the taxpayer behind the eight ball. Again, I digress.
You deposit that $400 into the bank... Lets say $200 into checking and $200 into savings. The checking account adds little to no interest
considering how liquidious it is. You can pull that out at any time. The savings account accrues interest, but under the rules that it cannot be
withdrawn for a set time, or more than X amount at a time.
Lets face it... It's your paycheck, and yet you have to adhere to rules on when and how much you can take out at a time. That is due to fractional
banking. Yet another long winded, controversial issue.
The money you use, you have to use. You do not have the option to start your own currency (though, let's face it, that's what the Central Bank
does). They then control how much it's worth, how much inflation to charge and how to keep it so that you, dear reader can pay off any of the
bank's losses. Add to that that the fact that the bank will lend off your $200 and sometimes more. This is the fractional banking aspect. They
make money off of your money. You want a car, sure... As long as you pay upwards of 15% interest for it... They make the interest as profit. Or in
the case of credit cards, you are charged interest just the same. However if you pay a minimum payment and purchase a pair of jeans, it could take
many many years to pay it off, due to the fact that you first pay the interest, not the principal. Therefore insuring that the principal is available
to be multiplied against the interest for the next month. Car payments, credit cards and bank loans all operate on the same premise and keep you and
I far away from the paradise that Ben Franklin explained about before the formation of the Central Bank.
Lest we forget that the same money that they pay you in is decree by the government itself. Allowing you no option other than to pay your debts with
the same fiat money the government does to pay its debts. Whether in bill form or a blip on a computer screen (even a worse situation), money really
has no value.
The best advice I was given recently was to purchase things with value with the money you earn. A new car is not something with value, given that it
depreciates. There are numerous books to help decipher assets and liabilities. My favorite is The Cashflow Quadrant (I make no money from
mentioning this). I just hope that we can help ourselves to get out of this tragedy that the Central Bank has tried to tie us to.
Also to note, according to the Constitution of the United States, you were able to take your notes (bills) in and exchange them for gold. Giving you
a tangible substance instead of the “promissory” note... but don't bother trying to do that now... This part of our Constitution was amended in
the 1930's, locking you into paying for tangible items with a note that really is not worth what the denomination states.
A few great pieces of advice I would love to pass on from very influential people I have met are: 1) do not buy something you are going to use less
than twice (Thanks Angry American!) and 2) Do not take out a loan to pay for anything that depreciates.
Anyway, that gives you a glimpse into it all. I have to first and foremost thank Jim Marrs and his book Rule By Secrecy. A big part of my search
into this all was because of this in his book. Therefore, most of what is mentioned here was facts from his book as well as other general sources.