Wednesday, December 19, 2007
The Federal Reserve Note is an IOU
The top obtains raw materials wholesale...then resells them to the bottom retail. It's a business...an enterprise. Like the merchant bankers of old...They obtain raw materials and products as cheap as possible then mark them up and sell them for as much as possible then lend out the profits from that operation...It's how the British East India company bascially took over the world.
It is very easy taking more power than you give. And how are you all going to stop yourselves from doing it?
Those who choose to take more power than they give become richer in power or powerful while those who choose to give more power than they take become poorer in power or powerless...Bacteria take more power than they give...Because of course bacteria are ignorant of what they are doing...They just consume and consume until there is nothing left to consume...Just like you all do...Because you are all ignorant.
There is no way to operate what you all generally call civilization any other way...
How is the top (employers) going to support the bottom (employees) when all the power the top (employers) has comes from the bottom (employees)? Those who choose to take more power than they give...Laugh...while those who choose to give more power than they take...cry
And I'm sick of hearing about communism...If you all don't like civilization...Then take it over and run it how you see fit...or quit. You all have been crying about it for 1000's of years.
Yes before all of you existed to bawl for your cake and to eat it too...your ancestors did.
How much gold or silver do you require to construct consumer products? That decides the price of gold and silver.
Sales are up Year over year...Does that mean more products were sold at the same prices as last year...The same amount of products were sold for a higher price...or Less products were sold for a higher price?
And in the markets GOLD and silver are traded...bought and sold.
In the Constitution a group known as "We the people" appears to have given the Government of the USA the power...
"To coin money, regulate the value thereof, and of foreign coin, and fix the standard of weights and measures"
The FEDERAL RESERVE Banknote is an IOU of course backed by the US Dollar.
What then is a US Dollar...
Well in the 1792 coinage act the Dollar was defined as...
"Dollars or Units—each to be of the value of a Spanish milled dollar as the same is now current, and to contain three hundred and seventy-one grains and four sixteenths parts of a grain of pure, or four hundred and sixteen grains of standard silver."
Then in 1900 the Dollar was officially changed by the GOLD standard act to. (prior to this the USA was since 1873 on the City of London/Bank of England Gold standard De facto...In 1900 the USA was on it De jure.)
"De jure (in Classical Latin de iure) is an expression that means "based on law", as contrasted with de facto, which means "in fact"."
"Be it enacted . ., That the dollar consisting of twenty-five and eight-tenths grains of gold nine-tenths fine, as established by section thirty-five hundred and eleven of the Revised Statutes of the United States, shall be the standard unit of value, and all forms of money issued or coined by the United States shall be maintained at a parity of value with this standard, and it shall be the duty of the Secretary of the Treasury to maintain such parity."
More recently the United States $1 Coin Act of 1997 changed it to:
"The Sacagawea dollar is the current United States dollar coin. This coin was first minted in 2000 and depicts the Shoshone woman Sacagawea, a member of the Lewis and Clark Expedition, carrying her son Jean Baptiste Charbonneau."
And again of course a group known as "We the People" gave the power..."To coin money, regulate the value thereof, and of foreign coin, and fix the standard of weights and measures"...To the US Government on September 17, 1787
The Current US Government book value of GOLD or the official US Government regulated value is 42.2222 Dollars a Troy ounce.
And the US consumer is the backing for the US Dollar.
The US Government can regulate the value...But the US Government can't control the value. You can manipulate the Universe...You can't control the Universe.
Now the so called US Dollar is weak in relation to the so called British Pound stirling. If you want the so called US Dollar stronger then you have to cut the supply of them or increase the supply of so called British Pound stirling.
Currently US consumers are requesting the commercial banks to manufacture around 11 Billion new so called US Dollars a day...or around 1 Trillion new US dollars every 90 days...
The Current supply of so called US Dollars is 44 Trillion...In 2000 there was 25 Trillion and in 1944 around 398 Billion. Why are US consumers requesting more and more new US Dollars to be manufactured?
To sustain the delusional lifestyles of the wannbe rich and famous.
If you are in the USA...look out your window or turn on your TV...That is what is being sustained...
Now if you were to attempt to cut the supply to strengthen the US Dollar...Then all that you see would rapidly run out of monetary resources and begin imploding.
But if you allow the US dollar to continue to weaken...eventually it would implode...It would take greater and greater amounts of so called US dollars to sustain everything.
Eventually the implosion would become exponential...One second a cup of coffee costs 1 billion dollars and the next it costs 2 Billion dollars...eventually it becomes impossible to account for and the whole system implodes.
What is the required amount of inflation to postpone the inevitable implosion for as long as possible? Not too much and not too little but always greater than previous. Until it becomes impossible to obtain or sustain greater than previous inflation to postpone the implosion for as long as possible.
Then game over...Implosion time and the magnitude of the implosion is porportional to the length of the postponement of the implosion.
You lie to one person and they find out you lied to them and they could slap you.
You lie to everyone for decades and they find out and you could have millions and billions of people that hate you and want you wiped from the face of the Earth.
You all (Humanity) have an ability or the power to manipulate the Universe as you see fit....But you all (Humanity) have zero power to control the Universe as you see fit.