MONEY: A suggested little L libertarian boycott of small change?

Wednesday, November 5, 2025

https://survivalblog.com/2025/10/29/survivalblog-readers-editors-snippets-236/

survivalblog.com
SurvivalBlog Readers’ & Editors’ Snippets
Pure-Gas.org has a list of gas stations that sell ethanol-free gasoline.
James Wesley Rawles
October 29, 2025

*** begin quote ***

Libertarians have many of the right answers to the problems facing the United States and need to be heard loud and clear above the confusion disseminated by the mainstream media and their lackeys in government, all bought and paid for by the crony capitalists of Wall Street.

If all of the nickels and pennies in circulation rather suddenly disappeared, it would generate a lot of media attention and curiosity on the part of the public. It would be a brilliant protest against the devaluation of our currency and the debasement of the Republic by the bankers and their ilk. Change could be made only to the nearest dime.

There are roughly 140 billion pennies and 28 billion nickels in circulation. It would “cost” only $2.8 billion dollars to remove them all from circulation. If we can find 2.8 million libertarians to each accumulate $1000 of pennies and nickels, we will be heard loud and perhaps clear. I use the quotes on “cost” to indicate that it actually could be quite profitable to remove these coins from circulation.

*** end quote ***

I’m in for that boycott!

And, the Mint is stopping making pennies soon.  Next year? 

Count me in!

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p.s., Shoprite in Marlboro is also requesting that if you have any extra pennies to spare, donate them at the customer service counter so they can continue to make proper change. 2025-Oct-31 1036

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MONEY: The Social Security check is now (or soon will be) referred to as a Federal Benefit Payment?

Friday, October 24, 2025

https://x.com/michellemaxwell/status/1951822943446614464?s=12

Michelle Maxwell ™
@MichelleMaxwell

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A woman dies at age 65 before collecting one benefit check. She and her employer paid into the system for almost 50 years and she collected NOTHING. Keep in mind all the working people that die every year who were paying into the system and got nothing.

*** and ***

The government is now referring to our Social Security checks as a “Federal Benefit Payment.”

This is NOT a benefit. It is OUR money , paid out of our earned income! Not only did we all contribute to Social Security but our employers did too! It totaled 15% of our income before taxes. (This should be enough for you to forward this message, If not read on.)

If you averaged $30K per year over your working life, that’s close to $180,000 invested in Social Security.

If you calculate the future value of your monthly investment in social security ($375/month, including both you and your employers contributions) at a meager 1% interest rate compounded monthly, after 40 years of working you’d have more than $1.3+ million dollars saved.

This is your personal investment. Upon retirement, if you took out only 3% per year, you’d receive $39,318 per year, or $3,277 per month.

That’s almost three times more than today’s average Social Security benefit of $1,230 per month, according to the Social Security Administration.

And your retirement fund would last more than 33 years (until you’re 98 if you retire at age 65)! I can only imagine how much better most average-income people could live in retirement if our government had just invested our money in low-risk interest-earning accounts.

Instead, the folks in Washington pulled off a bigger Ponzi scheme than Bernie Madoff ever did (or Lyndon Johnson).

*** end quote ***

I love beating a “dead horse” or in this case the BIGEST Ponzi scheme.  Makes Ponzi, Made-off, and every two-bit fraudster look like a chump in the comparison.

Social Security “Insurance” is just a racist inter-generational wealth transfer (Ponzi) scheme that transfers wealth from poor minority men to rich white women. Note that if it was a privately held investment account, then upon the early death of the exemplar poor minority man, his heirs would receive his estate.  Building capital formation with his family heirs.  It could be to fund buying a house, getting an education, or invest in some productive asset.  Anything like a substantial estate of some number of millions could fund multiple priorities.

Anything would be better that allowing the Gooferment to waste the blood, sweat, and tears of the working class.

Argh!

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MONEY: Arizona GOLDBACKs Limited Early Release – Now available

Saturday, October 18, 2025

Interesting. 

Goldbacks are now coming in new denominations  —  3, 2, and ½ of a goldback. 

This to me indicates that there is some demand.  I know in Keene that at least 120 businesses are taking them.  And, not just the odd balls running businesses.  I see that there are also more merchants taking them in Utah, Nevada, and Arizona.  Seems like a groundswell to upset the FRBies. 

Last time something this big happened was when Bernard von NotHaus started NORFED and the FEDs railroaded him into jail and seized all the assets. They hung their charges on the fact that he called it a “dollar”.  I wish I was on that jury. 

Notice how the folks behind the GOLDBACK have avoid that particular pothole!

Wonder how they will try to suppress this rebellion?

# – # – # – # – #

Interesting fact is that “dollar” is a corruption of the German word “Thaller” which was a one ounce silver coin minted by Joseph Thaller way back when.  So where does the FED get off usurping that word for their paper fiat junk.

# – # – # – # – #

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.

# – # – # – # – #

Article I, Section 10, Clause 1: No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility.

So clearly, the Dead Old White Guys didn’t intend for the Federal Gooferment to issue money?

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MONEY: What to hold and in what form?

Thursday, October 9, 2025
<<PRICES ARE AS OF 2025-10Oct-03>>
 
In my mind, what form of “gold” should I be buying?  
  • Dollar cost averaging into ₿ at Swan.com has been an easy winner.  
  • GOLDBACKs despite a significant seigniorage  —  now with 1 oz gold spot $3,892.75; then 1000 GOLDBACKS is about $7,820 per ounce equals about 100%  —  makes it unsuitable for holding any significant amount of gold in GOLDBACKs. But one can have extremely small (i.e., ½ GOLDBACK = 1/2000 T Oz. for $3.91 for 0.0005 of an Oz) amount of gold that can’t be replicated in a physical form at any price.  Smallest physical gold product is 1 gram = 0.0176 of an ounce for about 90$ which equates to 15K$ per oz.
  • SILVERBACKs have even a worse ratio.
  • SILVER can be held in 1 ounce rounds or pre-1964 US Coins aka junk silver.  One ounce rounds can be bought at about $50 per oz which is about $2 over the spot price.  Seigniorage is about 4.25%
  • GOLD can be bought in 1 ounce generic rounds for $4,002.85; spot is 3,893.85. Seigniorage is about 2.79%
It’s a hard call because of the high cost barrier to entry.  To be practical, 20 oz of gold (one sleeve) is 80k$ and a sleeve of silver is $1k.
 
Feels like silver is the way to go.
 
YMMV
 
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MONEY: The Federal Reserve has been unable to “provide the nation with a safer, more flexible, and more stable monetary and financial system”

Thursday, September 25, 2025

FROM 1440 https://join1440.com/

*** begin quote ***

Federal Reserve Cuts Rates

The Federal Reserve announced a quarter-percentage-point cut in benchmark rates yesterday, bringing the range to between 4% and 4.25%—the lowest level in almost three years. The bank signaled the possibility of two additional cuts this year.

The decision saw the Federal Reserve prioritizing a hiring slowdown over inflation. A sluggish 22,000 jobs were added last month; weekly jobless claims reached their highest level in four years last week. The US has also downwardly revised job growth by 911,000 for the one-year period ending in March. Those concerns trumped sticky inflation, with consumer prices rising 2.9% annually last month.

The bank voted 11-1 in yesterday’s decision, with the only dissenter being newly appointed Fed Governor Stephen Miran, who preferred a half-point cut. Governor Lisa Cook participated in the meeting after an appeals court ruled the White House lacked authority to fire her. The White House plans to appeal to the Supreme Court.

*** end quote ***

“Only government can take perfectly good paper, cover it with perfectly good ink and make the combination worthless.” — Milton Friedman

"Paper money eventually returns to it's intrinsic value, zero ...

Why do we have a “Federal Reserve Bank”?

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.

Why do we need them to “set” interest rates?

We don’t,  In essence, they are “price fixers”.  And, as we know, no one can know the correct “price” of anything.  The free market allows buyers and sellers to set a price where they are both “satisfied”.  Otherwise, it “win-win” or “no deal”.  

Why is there one “prime rate” of interest?

Because that allows the Gooferment to manipulate the market.  By hiding the “true cost” of money (i.e., the interest rate), buyers and sellers are making decision based on a fiction.  Everyone loses.

Why do we have “inflation”?

Milton Friedman: ‘Inflation is taxation without legislation.’  The FED “prints” money and the market reacts to the change in “the supply of dollars”.  It’s a silent thief that steals wealth from everyone who has an “old dollar” especially the poor, those on fixed incomes, and savers. 

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As gun-owning pro-life pro-choice little L libertarian, the market for money should be free from Gooferment.  The Federal Reserve has been unable to “provide the nation with a safer, more flexible, and more stable monetary and financial system” which is its intended purpose.  So let’s follow Andrew Jackson’s lead and end the Federal Reserve Bank.

FYI, he was the last President to have zero debt.

Argh!

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MONEY: Why can’t I have cheap gas?

Saturday, September 20, 2025

I can hope!  I remember 25¢ a gallon with full service, trading stamps, glassware, and a clean windshield.  Then Gooferment “counterfeited” more dollars.  That quarter translates to $5 today. Argh! 

———- Forwarded message ————

From: New Jersey 101.5 <nj1015@trenton.mail.townsquarenewsletters.com>

Date: Fri, Sep 12, 2025 at 6:31 AM

Subject: The truth about NJ gas prices

 New Jersey top news… View in browser Don’t expect $2 gas in New Jersey — expert calls it ‘a fantasy’Gas prices in New Jersey have jumped 11 cents since Labor Day, driven by rising oil costs and refinery maintenance with hopes for lower prices as winter blends roll out.

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MONEY: Walmart and Amazon are going to “mint” Stablecoins

Thursday, June 19, 2025

https://www.wsj.com/finance/banking/walmart-amazon-stablecoin-07de2fdd?st=Uj2rA8&reflink=desktopwebshare_permalink&utm_source=tldrnewsletter

Walmart and Amazon Are Exploring Issuing Their Own Stablecoins

  • Corporate coins could take payments activity away from banks and the traditional financial system

By Gina Heeb, AnnaMaria Andriotis, Josh Dawsey
Updated June 13, 2025 4:51 pm ET

# – # – # – # – # 

FROM TLDR 2025-06-16

*** begin quote ***

Walmart and Amazon Are Exploring Issuing Their Own Stablecoins

Several multinational giants, including Walmart and Amazon, are discussing potential efforts to issue stablecoins. Whether these initiatives will go ahead depends on a bill still yet to clear the Senate and House called the Genius Act, which establishes a regulatory framework for stablecoins. Stablecoins could allow merchants to bypass traditional payment rails, which cost them billions of dollars in fees each year. A regulatory framework for stablecoins would enable an alternative payment type for merchants that could significantly lower their expenses and create competition against Visa and Mastercard. 

*** end quote ***

# – # – # – # – # 

To me this is BIG (<synonym for the act of procreation in real time>) deal.

I never understood why Walmart was allowed to establish its own bank.  The politicians and bureaucrats are always whining about the “poor unbanked”.  But Walmart could solve that problem quickly, cheaply, and easily.  So could Amazon.

Stablecoins by either of them could serve the same purpose as a bank without the regulatory hassle.

Let’s wait and see.  Competition in the “traditional financial system” for JP Morgan Chase, Bank of America, Visa, and Mastercard could certainly be good for the consumers.

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MONEY: ZELLE’s use case doesn’t fit me at all

Monday, June 9, 2025

https://www.zellepay.com/

What’s Zelle®?

Zelle® is a great way to send money to friends and family, even if they bank somewhere different than you do1. That means it’s super easy to get paid back, or split the costs of things like dinner. With Zelle®, the money goes directly into your bank account. And when money goes into your bank account directly, you can live delightfully. Zelle® is already in lots of banking apps, so look for it in yours today.

# – # – # – # – # 

So, it all works great  —  sort of — if you have one bank, one cell phone, and one email account.

What happens when you have Bank#1, Bank#2, Bank#3, and one cell phone?

Chaos!

I’ve had to enroll in Zelle three times.  Bank#1 and email#1, Bank#2 and email#2, and Bank#3 and email#3. Good luck keeping that all straight.

Argh!

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MONEY: A surveillance masquerading as currency?

Tuesday, April 29, 2025

https://www.theadvocates.org/beware-the-ecb-digital-currency-is-coming/https://www.theadvocates.org/beware-the-ecb-digital-currency-is-coming/

Beware: The ECB Digital Currency Is Coming
By Daniel Lacalle
Published in Economics – 5 mins – Apr 25

*** begin quote ***

The digital euro, which Lagarde described in 2022 as “a digital banknote with a little less anonymity than the paper banknote because it is issued and guaranteed by the central bank,” is an unnecessary and dangerous tool.

Central Bank Digital Currencies (CBDCs) have been gaining attention as the technology of the future for monetary systems, but beneath their promise of efficiency and innovation lies a more pessimistic reality: they can serve as tools for surveillance, eroding personal privacy and financial freedom.

In the European Union, where limits to freedom of expression and the cancellation of elections are already a concern, a CBDC can be seen as surveillance masquerading as currency.

*** end quote ***

From the people who made the stereotype Nazi “Vere Is UR Pa-pers!”, they want to know and control the every actions of the people under their thumb.

Even the movies made a issue of it.

https://www.artofmanliness.com/odds-ends/odds-ends-april-25-2025/

*** begin quote ***

… … movies from our teenage years: Swing Kids. Set in pre-WWII Hamburg, it follows a group of German youth who rebel against Nazi conformity through their passion for forbidden American swing music.

*** end quote ***

Coming soon to a country near you?

Argh!

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MONEY: Nagging everyone about “three silver dimes” again and agian

Friday, April 11, 2025

https://www.theburningplatform.com/2025/04/05/gold-price-forecasts-inching-toward-4000/

Gold Price Forecasts Inching Toward $4,000
Guest Post by Peter Reagan

*** begin quote ***

Already off to a breathtaking start this year, gold’s price continues to climb. Amid fears of a trade war and the global dedollarization drive, here’s how much higher analysts think it will go…

  •     $4,000 gold hints from big institutions are here
  •     Why faith in the U.S. dollar is going on all sides
  •     Gold vs the greenback: who will win?
  •     Bosnia’s central bank now owns the most gold it has since year of establishment

Gold’s unpredictable trend toward $4,000

Axel Merk, CEO of Merk Investments, said a lot in a recent (brief) segment on the relationship between the price of gold and the U.S. dollar.

Merk says we are now seeing perhaps the biggest shift since the end of World War II, one where the U.S. will no longer be the world’s police force. (The turning point was the invasion of Ukraine, when the greatest weapon in our economic arsenal, weaponizing the dollar against Russia, failed spectacularly.)

*** end quote ***

​A silver quarter is worth $6!!! (That’s 24 times face value.)

So my three silver dimes for a 70’s gallon of gas is ~$7.20 today or ~2½ gallons of much “better” gas.

Minimum wage was 5 quarters in the 70’s so that means it’s 30$ in today’s “valueless” money.

When do “We, The Sheeple” wake up?

I’ve been on this since 2009!

Just to refresh your memory:

https://reinkefaceslife.com/2014/07/07/money-those-same-three-silver-dimes/

*** and ***

https://reinkefaceslife.com/2023/02/17/goldbug-when-priced-in-gold-beer-was-3-a-litre-in-301ad/

*** and ***

https://reinkefaceslife.com/2009/10/20/money-dont-save-your-wealth-in-fiat-money/

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