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: 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. 

# – # – # – # – #

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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FINANCIAL: Great chart of the boom bust cycle

Tuesday, June 17, 2025

 

FROM Bitcoin.com Weekly Update

# – # – # – # – # 

You don’t have to wade through a ton of Austrian Economic texts although it’s very worthwhile.  This chart should serve to know why we need “honest money” and should #endtheFed!

By “honest money”, I mean gold and silver in the physical money.  Paper should be redeemable in a commodity.

By “#endtheFed”, I mean that “We, The Sheeple” have to recognize what the Fed is.  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.

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ECONOMICS: Just End The Fed now for good

Monday, May 12, 2025

https://x.com/rickydoggin/status/1902482549609545959?s=51&t=fNifJ9M-EU2FgGneNcz51w

G. Edward Griffin, author of the legendary “The Creature From Jekyll Island,” outlines seven compelling reasons why the Federal Reserve should be abolished. 

1) It is incapable of accomplishing its stated objectives.

2) It is a cartel operating against the public interest.

3) It is the supreme instrument of usury.

4) It generates our most unfair tax.

5) It encourages war.

6) It destabilizes the economy.

7) It is an instrument of totalitarianism.

# – # – # – # – # 

As Ron Paul pointed out, the fiat money steal wealth from the poor, those on fixed income, and the young trying get ahead.

My particular gripe is with the “2% inflation target” that devalues our savings.  The Ponzi scheme of “Social Security Insurance” (what a joke)  — while transfer wealth from poor minority men to rich white women  —  take my dollars in “contributions” and returns inflation ravaged “dollars” decades later that are worth a few pennies in purchasing power.  Argh!

Wake up people!

When we were on a gold standard, prices deflated, savings were easy in gold coins, and life was predictable.  Now with fiat dollars (it’s a dollar because the Gooferment says it is), the Gooferment gets an endless spending spree, forever wars, and welfare to but votes.

Sigh!

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ECONOMICS: “End The Fed” and bring back prosperity

Sunday, October 27, 2024

https://www.lewrockwell.com/2024/10/lew-rockwell/why-equality-is-bad-2/ lewrockwell.com

No Compromise With the Fed! – LewRockwell

By Llewellyn H. Rockwell, Jr.

*** begin quote ***

Some people argue like this: Although the Fed as it now exists is very bad, a nation needs a central bank to regulate its money supply, and the Fed is better than nothing. That being so, we should try to urge the Fed to adopt a non-expansionary monetary policy. In this view, calls to “End the Fed” are mistaken. I’m sure most of my readers already know what I’m about to say, but, just to be clear, that view is disastrously wrong. We do not need a central bank, and to argue in the way indicated is to betray the great Murray Rothbard and the great Dr. Ron Paul, whose slogan “End the Fed” has galvanized so many of us.

*** and ***

The transitional demands, then, must be framed while

  •     always holding up the ultimate goal of liberty as the desired end of the transitional process; and
  •     never taking steps, or using means, which explicitly or implicitly contradict that goal.”

Let’s do every we can to end the Fed now! On this, there can be no compromise.

*** end quote ***

Imagine a world with no Central Banks!  Unimaginable?  Think of the USA before 1913, and you can imagine that.  Where “inflation” was negative.  Real money  —  commodity money  —  circulated freely.   Foreign coins, like the Spanish real, were used along side of gold and silver coins.  Prices were always coming down.  Want to save your old age, put some coins in a jar on the mantle like my paternal grandmother did  — right under her rifle over the mantle.

The best argument against the FED or any central bank that “prints” money is that it allows the Gooferment to inflate the currency to pay for wars.

#ENDTHEFED

We don’t need it and it’s evil.

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ECONOMICS: The Wyoming stable token is the wrong direction; ND’s state bank is a better idea

Monday, September 2, 2024

https://a.tldrnewsletter.com/web-version?ep=1&lc=59038840-6904-11ee-b58c-ff3e3245800a&p=d6d820a0-6458-11ef-b2cb-45ae9ed9a73f&pt=campaign&t=1724760456&s=a4d4dc8d5599a4dfd9723c7b933879aee51bd33d73d67bdffb0cfe73c7647cc4

TLDR Crypto 2024-08-27

Wyoming is pushing crypto payments and trying to beat the Fed to a digital dollar 

Wyoming plans to launch the Wyoming stable token, a US-dollar-backed stablecoin, in Q1 2025. Its goal is to facilitate faster and cheaper transactions while introducing a new revenue stream for the state. The token will serve as a model for a federally digitized dollar, and the state will invest reserves into Treasury Bills to fund public schools. If successful, Wyoming hopes to expand to tokenizing other assets like commodities and real estate. 

# – # – # – # – # 

If WY is really interested in building up their State investing in US Treasury bonds is NOT a good long term strategy.  A better one would be to foster Wyoming businesses like ranches, farms, and homes with “friendly” financing for things whole within their State. The North Dakota bank is the exemplar of how to do it. All State, City, and local Gooferments can do their “banking” with the WY Bank and cut Wall Street out of the “supply train”.  By developing Wyoming’s financial infrastructure it can prepare for the hard times ahead.  Think local; act local.  #endthefed

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GOVEROTRAGEOUS: Maybe NASA should focus on warning the billionaires buying beach front property ••• •••

Sunday, September 1, 2024

https://freebeacon.com/biden-administration/biden-harris-admin-warns-kindergartners-climate-change-will-leave-entire-us-cities-underwater/

Biden Administration
Biden-Harris Admin Warns Kindergartners Climate Change Will Leave Entire US Cities Underwater

  • Kids warned of ‘inescapable death spiral’ of climate change by federal government

Thomas Catenacci  —  August 26, 2024

*** begin quote ***

NASA’s “Climate Kids” webpage offers fun environment-related educational activities, films, and video games for children in kindergarten. It also warns children that the world is undergoing cataclysmic warming, sea levels are rising, global ice coverage is diminishing, and their future may very well be doomed.

Climate Kids proclaims that the cost of fossil fuels is “pollution, the destruction of landscapes and natural habitats, oil spills in the ocean, and nasty fracking chemicals in the ground,” while the “biggest problem of all” is global warming. The website separately shows an image of what it says may soon occur to the United States’ Eastern Seaboard: a calamitous sea level rise covering entire cities, including New Orleans and Miami. The website fails to include a timeline for such an event.

*** end quote ***

Maybe NASA should gocus on warning the billionairs buying beach front property … …

Or maybe how to rescue the astronauts stuck on the ISS because their ride home is broken?

Argh!

The Gooferment is immoral, ineffective, and inefficient. As well as untrustworthy. 

And, in this specific incident, “way out of their lane.”

If the Obamas believed in global warming’s sea rise, why to they have TWO ocean front mansions.  Could this be evidence that they don’t believe their own propaganda “mis information”.

Maybe NASA should warn Kindergartners about zombies, Pennywise, and not brushing their teeth,

Argh!

I have an idea, let’s defund NASA.  It’s good start.  Let Wall Street sell off their facilities and use it for the 35T$ of “national debt”.  And, while we are defunding things, #endtheFED.  Repeal the 16th and 17th amendments too.

Argh!

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ECONOMICS: Measuring the FED’s inflation over time

Saturday, February 3, 2024

https://schiffgold.com/commentaries/wildest-inflation-red-flag-vegas-table-limits/

Wildest Inflation Red Flag: Vegas Table Limits | SchiffGold

*** begin quote ***
 
Take the Las Vegas Strip. Casinos on the Strip, long known for trying to take the money of everyone from the highest high-rolling whale to the coupon-clipping low-roller camped out at Motel 6 or Excalibur Casino, are now finally admitting that some dollars aren’t worth the effort of taking. In August, the Wall Street Journal reported on the declining number of tables where you could play blackjack in Las Vegas while the amount of revenue earned from blackjack stayed high even as casinos offered worse rules to players, such as paying out 6:5 when a player receives a “blackjack” rather than the traditional 3:2. Strip casinos are also doing away with low table limits, meaning that players that want to risk $5 or $10 on a single hand of blackjack are struggling to find a game.
 
*** end quote ***
 
​Wow.  I remember 25¢ craps where I learned to play.  And 10¢ a way Keno on 15 lines.  Sigh.  I miss the cheap buffets, “free” rooms, and $1 per seat “shows”.  Progress?  I think not; INFLATION due to the FED and Gooferment spending.
 
#ENDTHEFED
 
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VETERANS: Memorial Day is a day to ask why are we creating more Gold Star families?

Monday, May 29, 2023

http://www.legiontown.org/ownwords/10760/remember

Remember

The freedom we share is surely not free.

It’s paid with lives given for you and for me.

All the brave that have fallen, at air, sea and land.

So we remain free and our Nation may stand.

Let us keep in our hearts, remember always and today.

All of those who just for us, their own lives gave away.

Author, Tom Wigington

# – # – # – # – # 

I echo Former Republican Congressman Ron Paul spoke out Sunday afternoon at the “Rage Against the War Machine” rally in Washington DC, where he suggested that ways to end the wars could include the abolition of the Federal Reserve and having 18-24 year olds vote on the wars.

“WAR is a racket. It always has been. It is possibly the oldest, easily the most profitable, surely the most vicious. It is the only one international in scope. It is the only one in which the profits are reckoned in dollars and the losses in lives.” –Major General Smedley Butler

Old men send young boys and girls to die for unfathomable reasons.

“End the Fed” which feeds the War Machine.

Sadly.

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ECONOMICS: FT Opinion ignores that there is no way to pay the debt that has been created

Friday, July 22, 2022

https://www.ft.com/content/db0a2535-7292-4c84-9015-0d9c4af67713?segmentId=b385c2ad-87ed-d8ff-aaec-0f8435cd42d9

Opinion The FT View
US recession is a smaller danger than long-term inflation
The Fed needs to hold its nerve on tightening further
The editorial board

*** begin quote ***

Investors have spent much of this week puzzling over what this all means — edging up predictions for the future path of interest rates and for the chances of recession. But there is good news in some of it — it is hard to read the markets’ responses as indicating that investors think this ultra-high inflation is now a permanent feature of American life. The Fed has credibility. But it still needs to tighten further to justify that faith.

*** end quote ***

I respectfully disagree.

The current 30T$+ national debt and the guesstimated 226T+ in unfunded liabilities that our posterity will have to deal with is inescapable.

The Russian “sanctions” over Ukraine have put the USA on a collision course to crush the U$D.  (The fact that it’s the cleanest dirty shirt in the laundry is little comfort.)

For decades, responsible people have been pointing out that empires fall when their currency is debased.  Why should the USA be any different?

We have kicked the can down the road and we can see the end of the road.

End the FED and return to sound money.

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ECONOMICS: There should NOT be any taxes on “Virtual Currencies”

Thursday, March 3, 2022

https://www.irs.gov/businesses/small-businesses-self-employed/virtual-currencies

*** begin quote ***

Virtual Currencies
 
Virtual currency transactions are taxable by law just like transactions in any other property. Taxpayers transacting in virtual currency may have to report those transactions on their tax returns.

What is Virtual Currency?

Virtual currency is a digital representation of value that functions as a medium of exchange, a unit of account, and/or a store of value. In some environments, it operates like “real” currency (i.e., the coin and paper money of the United States or of any other country that is designated as legal tender, circulates, and is customarily used and accepted as a medium of exchange in the country of issuance), but it does not have legal tender status in  the U.S. Cryptocurrency is a type of virtual currency that utilizes cryptography to validate and secure transactions that are digitally recorded on a distributed ledger, such as a blockchain.

Virtual currency that has an equivalent value in real currency, or that acts as a substitute for real currency, is referred to as “convertible” virtual currency. Bitcoin is one example of a convertible virtual currency. Bitcoin can be digitally traded between users and can be purchased for, or exchanged into, U.S. dollars, Euros, and other real or virtual currencies.

*** end quote **

Sounds like they are defining “money”!

We don’t tax when “dollars” (i.e., Federal Reserve Note fiat greenbacks) are converted to Euros or visa versa.  So why are we taxed on “Virtual Currencies”?  For that matter, why are we taxed when buying gold or silver?  Doesn’t the Constitution define a “dollar” as an amount of gold or silver?

Argh!

Guess the IRS is going have a hard time finding all the non-custodial crypto wallets!!!

#endthefed 

If they can keep drugs out their prisons, how will the keep crypto out of a free society?

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