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Money
What is money? Money is anything that serves as a medium of exchange. If there is no money direct barter is mandated. A cow can serve as money... indeed the word pecuniary (of or involving money) is derived from the Latin word “pecus” meaning cow. Cow money has many disadvantages including instability, maintenance, exchange problems and perishability. Never mind that it would be the ultimate in “stinking money.”
Money Orders, travelers checks, personal checks, IOUs, grocery coupons, food stamps, green or blue stamps, gold, silver, copper or base metal coins all serve as mediums of exchange.
As a young college student I managed a flophouse in Reno, Nevada and often collected rent in casino tokens from Harold’s Club and various other gambling establishments. I could exchange the tokens for a haircut, pay a cab fare, buy groceries or even deposit the tokens at the bank as I would a personal or company check... because, the Casino tokens were redeemable in fair exchange or finally converted to dollars and cents or legal tender. Legal tender provides stability and uniformity to all subspecies of currency. The Feds moved in to stop this free exchange of goods and services, I believe, because it exposed the nature of the Federal Reserve’s monopolistic money making power. Now, casinos cannot allow gaming tokens to be even exchanged within the confines of their own establishment for meals at their restaurants or rooms in their hotel.
The value of money cannot be determined by the measure of grams in a silver coin or the measure of ounces in gold or even the denomination printed on paper notes. Grams, ounces and numbers help identify the medium of exchange but the value of money is only determined by its relationship to the market i.e. the money supply in relation to the Gross National Product.
As money, a cow has numerous disadvantages but at least it’s almost impossible to counterfeit. Gold like cows is harder to counterfeit, but it also has many disadvantages. Gold is a commodity that changes constantly in value with constant changes in supply and demand. In an expanding economy gold based currency has often suffered from under supply. Gold can also be cumbersome and difficult to exchange...for that reason gold is generally converted to paper bills and Fractional Reserve banking in which only a small amount of actual gold was reserved to back the paper currency.
Hyrum J. Amundsen Jr. author of the book How to Cure Inflation wrote:
Since bankers pretty much had a corner on the gold they were in a position to control the economics of the different nations either up or down, i.e., if the gold was to be the reserve of the money in circulation. To induce a money panic and therefore, a depression as they did in 1929-33, all they had to do was to remove a substantial amount of gold which was backing the money and there would be required a proportionate reduction of the money supply in order to comply with the fractional reserve requirement. In this manner the international bankers exercised control of the government instead of the government exercising control of the bankers.
When Cortez and other Europeans plundered America and shipped the gold booty back to Europe... inflation resulted because the supply of gold currency increased in relation to goods and services.
In the 1860’s when the mines of Virginia City, Nevada were in peak operation the gold and silver backed currencies of Europe were destabilized because of the huge and rapid increase in the supply of these metals internationally.
Franklin Roosevelt also inflated the money supply by manipulating the value of gold and decreasing the value of the dollar. Before Fraudlin Deficit Russiavelt instituted his money manipulations $20.00 would purchase an ounce of gold... after F.D.R. it required $35.00 to buy an ounce of gold. Fraudlin went so far as to deprive sovereign citizens the right to own gold.
Gold is not God. It is subject to manipulation and fluctuations and will not buy redemption from dereliction of duty, fraud, conspiracy or stupidity. Scripture reminds us, “When the wicked rule, the people mourn.” The cost of Liberty is eternal vigilance. Congress has the power to create and regulate the value of money and Sovereign Citizens have the duty to see that wise and honest men are elected to Congress.
When tyrants are in control it is our Christian duty to throw the Rascals out as did our Founding Fathers.
The following FAMOUS QUOTES on MONEY courtesy of American Covenant Church, Medford Oregon... reveals the BEAST and his antagonists at war over MONEY.
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