MONEY: States have to protect us against Currency Debasement, but will they?

Tuesday, July 26, 2016

http://tenthamendmentcenter.com/2016/07/16/four-ways-states-can-take-on-the-federal-reserve/

Four Ways States Can Take on the Federal Reserve

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There are practical steps that can be taken at the state level to promote the use and acceptance of sound money and undermine the Fed’s monopoly on money.

Control the money and you control the people.

The federal government has done just that in the Unites States.

*** and ***

1. States Have the Ability to Defend Sound Money

2. Recognizing Gold and Silver as Legal Tender

3. Eliminating Sales Taxes and Capital Gains Taxes on the Exchange of Money

4. Establishing State Depositories and Money Exchange Systems outside the Clutches of Federal Bureaucrats

5. Enforcing Private “Gold Clause” Contracts to Protect against Currency Debasement

*** end quote ***

Now where do we find State politicians and bureaucrats that will fight for freedom and liberty?

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MONEY: Fed-exit — secession from central banking

Monday, July 25, 2016

https://mises.org/blog/don%E2%80%99t-reform-fed-exit-fed

Don’t Reform the Fed: Exit the Fed
07/18/2016
Ron Paul

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Opponents of a central bank should take advantage of the post-Brexit vote revival of secessionist sentiments to promote a secession from central banking, or “Fed-exit.” Ending the Federal Reserve’s monopoly on money is the key to restoring and maintaining our liberty and prosperity.

By manipulating the money supply to fix interest rates, the Federal Reserve engages in price fixing. After all, interest rates are nothing more than the price of money. Like all prices, they communicate information about economic conditions to market actors. Federal Reserve attempts to override the market rate of interest with a Fed-favored rate distort the price signals sent to businesses, investors, and consumers. The result of this distortion is a Fed-created boom, followed by a Fed-created bust.

The Fed’s action affects the entire economy and impacts the lives of all Americans, as well as of people around the world. Therefore, it is no exaggeration to say that the attempt to fix interest rates is the most harmful example of price fixing.

*** end quote ***

Clearly, having “honest money” — 

“Money is a matter of functions four, a medium, a measure, a standard, a store.” He repeated that four times like poetry. “Six Characters in Money: Portable – Durable – Divisible – Uniformity – Limited Supply – Acceptability.” — CHURCH 10●19●62 (Vol 1) 978-0-557-08387-9 page 110

   — is key to returning to freedom and liberty.

How can you keep score, store wealth for the future, or just know where you are financially.

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MONEY: A Gold Bull Market?

Sunday, July 17, 2016

https://www.lewrockwell.com/2016/07/no_author/day-reckoning/

Peter Schiff: We’ve Entered a New Leg of a Gold Bull Market
By Samuel Bryan 
SchiffGold.com
July 16, 2016

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We still have a tremendous price that needs to be paid for the mistakes of the past. Even if we correct those mistakes in the future, we still are going to have a day of reckoning. And that day of reckoning is going to evolve a much lower US dollar and a much higher gold price.”

*** end quote ***

I think the WORST part of fiat currency is that we have lost is the objective standard of value!

“Money is a matter of functions four, a medium, a measure, a standard, a store.” He repeated that four times like poetry. “Six Characters in Money: Portable – Durable – Divisible – Uniformity – Limited Supply – Acceptability.” — CHURCH 10●19●62 (Vol 1) 978-0-557-08387-9 page 110

The paper produced by the FED ——

 The Federal Reserve Bank is a misnomer. IT ain’t “federal”. It reserves nothing. And, it ain’t a “bank”. It is a private cartel of the elite banks run for their benefit and that of the entrenched politicians.

— — fails three of the four functions — a measure, a standard, a store. 

So when we hear numbers kicked around they lose all sense of reality.

I’ve griped about the three silver dimes for a gallon of gas many times on this blog before. But it still states an essential truth. Silver hasn’t really changes and the gas is actually “better” gas. So what accounts for the delta (i.e., a gallon of lesser quality gas in the Sixties versus two plus gallons of today’s better gas)?

It’s the value of the money stupid.

The dollar 1960 value has been “inflated” away by the politicians and bureaucrats who put the difference in their pockets.

In the old days, it’d just be called what it is — theft.

Can’t you see it?

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MONEY: “Helicopter Money” is used to rob us

Thursday, June 23, 2016

http://freebeacon.com/issues/federal-reserve-may-consider-using-helicopter-money/

Federal Reserve May Consider Using Helicopter Money
Fed Chair Janet Yellen said it would only be used in an abnormal, extreme situation
BY: Ali Meyer  June 16, 2016 4:40 pm

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Federal Reserve Chairwoman Janet Yellen said that the central bank might consider using helicopter money in an extreme economic downturn, at a press conference following the Federal Open Market Committee meeting on Wednesday.

Helicopter money is a phrase used to describe the idea in which the government prints large sums of money in order to stimulate the economy.

Critics of helicopter money believe that the policy may lead to high inflation while proponents of the idea, such as Former Fed Chair Ben Bernanke believe that it is a valuable tool when conventional monetary policies are ineffective and when government debt is high.

*** end quote ***

“Money is a matter of functions four, a medium, a measure, a standard, a store.” He repeated that four times like poetry. “Six Characters in Money: Portable – Durable – Divisible – Uniformity – Limited Supply – Acceptability.” — CHURCH 10●19●62 (Vol 1) 978-0-557-08387-9 page 110

The “helicopter money” defies the “limited supply” characteristics.

The deliberate inflation of the money supply, that FED pursues as a policy, is violation of the trust that people place in the “money”. 

We can’t allow the Gooferment — with the aid and comfort of the FED, various bureaucrats, and the politicians — to “steal” from “We, The Sheeple”.  What little wealth that the poor and those on fixed incomes have gets silently “stolen” in the form of reduced purchasing power. The wages of workers buy less and less — I don’t see anyone getting “raises” to offset inflation. And, the rich elite can always protect themselves by buying stuff as opposed to holding “cash”.

Argh!

Wake up, Sheeple.

It’s a silent conspiracy to bankrupt the USA.

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MONEY: Another reason that Lincoln was the worst!

Thursday, April 28, 2016

https://www.lewrockwell.com/2016/04/brion-mcclanahan/leave-jackson-20/

On the New Bank Notes
By Brion McClanahan
April 22, 2016 

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He is in good company with Lincoln, the man who ignored the Constitution for four years while “best subduing the enemy,” and who favored the re-establishing of a central banking system.  Lincoln also followed Jackson’s blueprint for military coercion of a State and ordered the largest mass execution in American history when thirty-eight members of the Dakota tribe were simultaneously hung in 1862.

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http://wp.me/Pg9z-2ak

Sorry but nothing redeems him imho.

I don’t understand the national brainwashing.

Argh!

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MONEY: TDBANK launches an expensive and slow PayPal competitor

Wednesday, April 20, 2016

http://view.e.tdbank.com/?qs=859baa97e49b3782d53acd89cee5a052785361738a875abf9111a8482c546426dbc352c59b5fc2cab663db28a15525083d55787279596536c2866d63492b6973f3e47bb6a8bc4021

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With Person-to-Person Payments, you can send money to anyone in the U.S., directly from your TD Bank account. 

Pay rent, split a dinner bill, or send a gift with ease with Online Banking.

See how easy it is to make a payment.
Send money now
Explore the benefits
Access Person-to-Person Payments by logging in to Online Banking – an easy, secure way to:
Send money. Pay anyone with just an email address or mobile phone number.
Request payments by text or email.
Include an e-card or personal message!

*** end quote ***

Interesting?

Paypal is instantaneous in its P2P service and free.

So why would you come to market with a competitive service that is slow and costly? (1 day xfer for $7 and 3 day for $1)

Makes NO economic sense.

And how is that TRULY putting your Customer FIRST?

TD would have been better striking an affinity deal with PayPal.

https://www.paypal.com/

If you want to try it, you can send me money … free! https://paypal.me/reinkefj

Reminds me of when Soupy Sales 

https://en.wikipedia.org/wiki/Soupy_Sales

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On January 1, 1965, miffed at having to work on the holiday, Sales ended his live broadcast by encouraging his young viewers to tiptoe into their still-sleeping parents’ bedrooms and remove those “funny green pieces of paper with pictures of U.S. Presidents” from their pants and pocketbooks. “Put them in an envelope and mail them to me”, Soupy instructed the children. “And I’ll send you a postcard from Puerto Rico!” [20] Several days later, a chagrined Soupy announced that money (mostly Monopoly money[21]) was unexpectedly being received in the mail. He explained that he had been joking and announced that the contributions would be donated to charity. As parents’ complaints increased, WNEW’s management felt compelled to suspend Sales for two weeks. Young viewers picketed Channel 5. The uproar surrounding Sales’ suspension increased his popularity. Sales described the incident in his 2001 autobiography Soupy Sez! My Life and Zany Times.

*** end quote ***

Laugh!

My line would be “I’ll send you a post card from Aruba!”

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MONEY: Sovereign Debt Threat

Saturday, April 16, 2016

http://www.jasonstapleton.com/sovereign-debt-threatens-new-global-depression/

Sovereign Debt Threatens New Global Depression
By Jason Stapleton –  Apr 13, 2016

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Today we’re going to have a critical discussion about something you won’t hear about in the news. I’ve been tracking several issues that will likely have a direct impact on your life over the coming months and years. We start in Japan.

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Review your history lessons about the Weimar Republic!

https://en.wikipedia.org/wiki/Hyperinflation_in_the_Weimar_Republic 

And just think about the the current 18T+ national debt and the guesstimated 200T+ in unfunded liabilities that our posterity will have to deal with!

Argh!

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