I have proposed a three-step plan to fix most of our worst problems by federal legislation. In many previous releases I detailed plans for fixing the corruption we call “the Two Party System.” That was Step #1.
Step #2 is our twisted-hybrid political/private financial system.
Money itself, as a fiduciary currency/unit of trade, can be a wonderful thing. When scrupulously maintained as trustworthy, it facilitates honest trade, and practically guarantees peace.
Unfortunately, we’ve not had such money since 1913, though it’s still required by our state and federal constitutions.
Why? Because the most effective way to hide the true costs of war, tax the public without their knowledge, enrich elites, and covertly monetize the massive debts incurred by a military empire and industry, is to replace naturally limited money with cheap currency*, and then devalue it by making gobs of it.
There’s a long, repetitious history of this. In every case, from ancient Egypt to today’s Venezuela, devaluing currency represents a slide to catastrophe.
Politicians spend money they expect future generations to pay, so they have to find a way to devalue/inflate the supply of currency, and then point fingers of blame everywhere but at themselves when it all collapses.
The United States of America has occupied the catbird seat of fiat currencies since WWII, with 2/3rds of the global reserve currency. But that is ending shortly, as our dollar is based purely on trust, and violence; and the world is both losing trust in us, and sick of our endless Petrodollar Wars. We have been deceived right up tothe brink of collapse, and we’re past due for some radical action. So:
- Audit the Fed. We are bankrupt, and it’s time to go through an orderly and just restructuring of debts, nullifications, and dismantlings.
- Replace the current Federal Reserve System with a trulyprivate banking system that is not only subject to audits, reporting and SOP as with other incorporated institutions, but also has no power to monetize political debts or create currency.
- All money/currency authority and accountability shall be in the US Congress as per Article I Section 8:5 of the Constitution for the United States of America, so that politicians will be held accountable for greed, shortsightedness, and trans-generational theft.
- However, people must be free to use whatever form of money or currency suits their needs. “Cryptocurrency,” foreign coins, even conch shells or knotted strings are not the government’s business. Our government’s only legitimate role in interpersonal transactions is when there is force or fraud involved.
In other words, I propose we stop lying, stealing, making promises we can’t keep, and clean our accounts for the promotion of peace, prosperity, security …and freedom.
Liberty or Bust!
*One could debate the meaning of the words and concepts “money” and “currency” forever. But for the purposes here,currency is an “official” (mandated or agreed upon) trade instrument that has no intrinsic value. Money is a pretty abstract concept, since value is still applied by humans, but it’s generally a scarce/limited/difficult-to-reproduce thing that therefore has by itself been granted some relative value (gold, silver, rare shells, libertarians).