These four speeches on the nature of money were delivered in September, 2022 to assert the true nature of the current financial crisis in its proper historical context.
“The Origins of the Money Crisis”
Money is no Mystery
Part One
Emanuel Pastreich
September 3, 2022
That pretty printed paper in your wallet, that stuff called money, where does it come from? What gives it value, and why can you buy things with it? The question is not an idle one, nor is it a cynical one, but rather ultimately practical. And yet, this essential question is never asked by the authorities who lecture us on economics, nor the politicians who grace us with their precious opinions from their gilt offices.
That is to say that even though the media brainwashes us into believing that money is the most important thing in the world, money itself can never be a topic for discussion.
The problem of money is an old one. The current crisis of money is a crisis of value, a crisis in which our money is cut down, eviscerated, and slaughtered before our very eyes by an invisible butcher called inflation, in a secret ritual whereby money is printed up by the Federal Reserve, using black magic, and then doled out to the rich and to the banks for free.
As we enter final horrific stage of this travesty, we will be forced to switch to digital currencies that are controlled by unaccountable powers at the Federal Reserve, powers who will turn off the money in our wallets, or freeze our accounts, or seize our money for taxes, or for fines, at their whim.
When banks print up money to buy stocks, or pay off the debts of the rich, the money in your pocket, in your savings account, decreases in value proportionally. In short, the rich are stealing your money by diluting it while you sleep. They call this theft “inflation,” implying that money becomes worth less following some natural principle. Inflation is, according to them, a natural disaster, like an earthquake or a typhoon, like a flood or a drought.
This fiction about money and value is backed up by the authoritative musings of the pay-to-play experts. But they all know that the money in your bank did not become less valuable because of an act of God. It was crushed when the banks cranked out trillions of dollars to buy worthless stock, to purchase useless weapons, to buy up farmland so that you will pay more for food, to buy up housing so that you will pay more for rent.
We cannot understand the current money crisis unless we consider the process by which we got here over the past hundred years.
Specifically, it was the establishment of the Federal Reserve on December 23, 1913 that started this downhill path. Although we needed a national bank accountable to the Congress and to the people, one in which money was created and regulated by the government in a transparent manner in accord with the Constitution, we ended up with a system wherein private banks have the final say over fiscal policy.
Sadly, the crafty and devious banker J. P. Morgan, and not visionaries like our founding fathers, put together the system that regulates money, that serves as the heart of the nation’s economy.
Although the system worked, the poison slowly spread through the body politic over the next century as the private banks used their control of money to bribe (that is to say, “to lobby”) congressmen, presidents, professors, journalists, and all other authority figures to endorse this system, thereby leading the cow to the slaughterhouse.
Ultimately, the fiscal policies of the United States, the creation, distribution, and the determination of the value of money, are determined by private bankers, or by government officials at the Department of the Treasury were raised by the banks, and are loyal to them, not to the people.
There was a period, from the 1930s to the 1970s, when the Federal Reserve was relatively well administered. Government officials were aware of the dangers of unregulated global finance and they benchmarked efforts to control capital in Europe, and even in the socialist block. But the corrupt and unconstitutional nature of this false national bank never really changed: it sought to toss off the flimsy chains put on it during the New Deal, and it reared its ugly head again in the 1990s.
When the banks discovered that their secret takeover met almost no opposition in a decadent passive society, they decided to seize control of not only the economy, but of politics, of education, of medicine, and of culture in 2020.
Men and women of conscience abandoned the federal government like rats from a sinking ship.
But let us go back to the value of money. Money was backed by gold in 1879. That meant that in theory you could redeem your dollar bill for gold, and on occasion people did so. But when the entire edifice of government and the economy collapsed in the great depression, President Franklin D. Roosevelt, on June 5, 1933, ended the gold standard and placed in its stead the authority of the federal government.
Although this move made sense in light of the horrific economic crisis, and the fact that the rich controlled all the gold, the result was that the dollar was no longer tied to anything but the impression that the government had authority. That is to say that the nature of money became ideological.
Yes, a tentative relationship between the dollar and gold was established again after the Federal Reserve had amassed a significant amount of gold, but that relationship was tangential. The citizen could not simply demand that his or her dollars be redeemed in gold, and even that tie was severed permanently by President Richard Nixon in 1971.
The move away from gold, from any concrete object that gave value to the slips of paper in your wallet, created a fiat currency, as it is called, and such an untethered money had a malign impact on American society, granted that the changes were so slow as to be imperceptible.
During the 1930s, the depression, the federal government printed up money to help pay those who had been impoverished by the collapse of the speculative economy.
Economic recovery for the working men and women was successful, but in a limited sense. The new role of the Federal government, the projects for electrification and road building, had a mixed impact on our society.
On the one hand, life became easier, and more convenient, and for some it was healthier. The poor were, for the first time, treated as citizens when programs like social security and welfare offered them real protection against the terrible poverty that has haunted the working man since time immemorial.
This approach to economics, to money, was deeply influenced by the experiments carried out in the Soviet Union in the 1920s, and it had real merits.
But there was a price to be paid for this solution.
The resulting New Deal was a compromise that brought change, but that demanded citizens give up economic, organizational, and intellectual independence. Our citizens came to rely on large organizations like federal government, and then later on multinational corporations—which essentially function as governments.
The small farmer in 1930 was largely independent in terms of money, energy, food, and the other necessities of life. They were many who met their needs without much interaction with banks or with government. The nation had been founded by leaders who felt that such independent self-sufficient farmers were the key to long-term democracy—a vision we should have held to.
Our citizens grew vegetables and animals for food, and could preserve that food for the winter. They produced energy from windmills, water mills, horses, and good old fashioned manual labor without depending on utility corporations, or multinational oil companies. They despised companies like Standard Oil that tried to make Americans dependent on petroleum.
Our citizens knew how to gather medicinal herbs and to treat health conditions without hospitals. They made their own furniture, bought iron tools from neighbors who forged it, or borrowed items from each other when required. Money was not critical to that economy, nor was consumption; chairs were made to last for a 100 years, dresses woven to last for 40 years. Frugality was a virtue.
The New Deal helped those devastated by the banks, but it demanded integration into a money economy run by the government, and specifically by the Federal Reserve, which remained under the control of the private banks who were just itching to toss off their reigns.
When the economy improved after the Second World War, and especially when Americans became dependent on government and corporations in the 1970s, the private banks starting making up the rules for money again, and buying off the supposed regulators.
Politicians will never suggest that we form cooperatives and establish our own local currencies, that we build a local economy that has no need for multinational banks or factory farms, no dependence on monopolistic logistics and distribution systems, no ties to marketing and sales gimmicks, nothing to do with the tools by which corporations mean to bleed us dry.
Almost all transactions today are carried out in the money controlled by the Federal Reserve, that is to say, money controlled by multinational corporations and banks, and the super-rich who hide behind them.
Moreover, as impressive as it may be that the dollar is the global currency, that means that any number of global banks and shifty billionaires around the world are interested in the dollar, not because they care about Americans, but because they wish to squeeze even more profit out of it.
You may be able to vote for a politician, and maybe your vote will be counted. But when it comes to the value of money, or to access to money, the United States is a dictatorship. The Department of the Treasury, the Federal Reserve, and the congressional committees overseeing monetary policy are tightly controlled by multinational private banks. No one who is not bought and paid for by them will be allowed to come near the process by which money is created and its value is determined.
And then there is the pseudoscience of economics, a field of study far less reputable than astrology and bloodletting, that tells us that interest rates, rather than the grand theft of money by multinational banks, is the cause of inflation; that tells us we must consume and waste in order to have a healthy economy; that suggests to us that importing food and other necessities from abroad through the parasitic logistics and distribution systems controlled by the banks, is a sign of growth, and that this scam is more modern and efficient than growing your own food and running your own local economy.
That fairy tale is a massive fraud. If you produce most necessities in your community and buy and sell, or barter, with each other, and if you run local banks as cooperatives, then the money, and the value, will remain in your community, and will not be siphoned off to vampire private equity firms in New York or Singapore, in London or Geneva.
“Propping up the wobbly Dollar“
Money is no Mystery
Part Two
Emanuel Pastreich
September 4, 2022
The Federal government gave up all pretentions that money is backed by the gold held at the Federal Reserve, or backed by anything concrete, in 1972. The dollar became a fiat currency, money that is not tied to anything but reputation. Since that fatal day, the powers behind the curtains have maintained the value of the dollar in various ways.
The legitimacy of the dollar was tied to the legitimacy of the United States and its strength as a cultural, educational, scientific, technological, and sadly military, power. This approach worked until the 1990s, but the decay of the angel was inevitable.
As the value of the United States has decreased because of corruption and decadence, and because of the inevitable rise of the other nations devastated in the Second World War, increasingly devious means were employed to assure dollar’s value.
Covert efforts were launched to undermine the authority of other nations, whether Russia and China, or Germany and Japan. Perhaps it seemed like a good idea on Wall Street, but the result was the creation of a brutal winner-takes-all global economy—and the same covert means would be used finally against Americans themselves to keep them addicted to the dollar economy as it collapsed.
The United States slipped into a malignant culture. The decadence of wealth and power meant that innovation was stifled by conceited men like Steve Jobs or Bill Gates who pretended to be the inventers of things they stole and were enshrined in a handful of paralyzed institutions.
The quality of literature and art, of film and music, declined. American universities ceased to strive for truth and for science. Instead they crawled into bed with private equity and billionaire philanthropists, using advertising, rather than education, to prop up their global status.
The strategy of using culture to hold up the value of the dollar ceased to be effective.
Another approach was to tie the dollar’s value to the sale of petroleum, a product that everyone needs in our over-industrialized society.
The United States used its diplomatic, financial and military power to make sure that petroleum was only sold in dollars, thereby establishing a clear value for that fiat currency—that almost was equal to being backed by gold.
But that value was added to the dollar at a horrific price.
Many nations saw the value of selling petroleum in their own currencies, and they tried to do so. Those countries had to be infiltrated, undermined, intimidated, or bought off. In some cases, they had to be invaded and overthrown. The process has reached a crescendo in recent months, auguring for world war as the final consequence of this crusade to save the dollar.
You see, the United States had to control the Middle East, and to have its long fingers deep in the politics of nations around the world, in order to keep this petroleum system going. The cost of holding up the dollar was horrific, and bit by bit, the United States was corrupted beyond recognition.
Wars for oil, and other natural resources, became the primary concern in foreign policy, not peace. As a result, militarism sunk its roots deep in the economy, deep into the very spirit of the nation. There was no space left to seek for cooperation and accommodation. Any threat to the dollar had to be beaten down brutally.
At the same time, it was necessary to promote petroleum, and a consumer culture that demanded petroleum usage, at every level in America, and around the world. Automobiles were glorified, cities were designed to make automobiles necessary, oil-based fertilizers, and pesticides were sprinkled on industrialized farms. Oil companies and auto makers became all powerful because they helped to prop up the value of the dollar and forced petroleum on the common man.
The other device for backing the dollar was the promotion of global free trade, a system wherein products that could be made locally by neighbors are shipped halfway around the world, burning fuel all the way, so as to make sure that most everything on your plate, on your table, on your back, has passed through the logistics monopolies who take their cut.
This global “free” trade destroys local economies and renders citizens dependent on multinational corporations like WalMart and Amazon that take their money and do nothing to help the local economy.
The dollar was placed at the center of this closed trade system—anything but “free.”
Average Americans were impoverished even as the dollar was promoted in our name. Our republic was transmogrified into a ruthless empire that demanded everything be bought and sold in dollars.
The cancerous military economy also served a critical role in propping up the dollar as the other sources of power faded in the 1990s.
Nations could be invaded, or sanctioned, if they did not accept the dollar as the global currency.
Military equipment became a form of meta-currency—nations were compelled to purchase overpriced, and often worthless, military systems for billions of dollars as a way of propping up the dollar. Those designated as allies of the United States were expected to purchase fighter planes and tanks, drones and missiles at exorbitant prices. The most notorious example is the F-35 stealth fighter which costs around 80 million US dollars each and is barely functional. These devices, bulky tokens, force the large transfer of foreign capital into dollars in the name of security.
With trillions of dollars unaccounted for, the Pentagon has become the primary money laundering operation for the world, taking in money from billionaires, drug dealers, and just about anyone else and paying them off with money from the defense budget, and from weapons purchases from around the world.
Of course the threat of force makes the fiat currency stronger—but the cost is endless war.
Another ingenious way of propping up the dollar is to force debt on our citizens, making them scramble to obtain the dollars to pay off debts incurred in the process of trying to stay alive and to meet the criteria demanded by corporations for employment.
The cost of healthcare has skyrocketed, as has the cost of education. We find ourselves hundreds of thousands of dollars in debt just for being born, educated, treated for illness, and buried—let alone more serious challenges. And the banks drive up the cost of a home through their endless speculation with the fraudulent money they have printed up.
Chase Manhattan and Goldman Sachs, Morgan Stanley and BlackRock, using their pay-to-play authority figures who appear on TV, or at Harvard University, set the value of everything in society, justifying why it must be so expensive.
How many times have you heard your friends talking about money, about how much money they have in their pensions, how much their houses are worth, how much they spend for their children’s educations? Money has been made the primary topic of discussion for our people because the media, the entertainment complex, and the educational system make it that way. The questions: How can I be a good person? What is the truth? What is justice? What does the Constitution say? These questions have disappeared from our discourse.
The Bretton Woods complex, centered around the World Bank and the IMF, and linked to central banks around world, was flawed from the start, but recently it has degenerated much further into a Disneyland of make-believe value wherein human endeavors can only be assessed according to the Procrustean metrics of growth, production, consumption, exports and imports. The rise and fall of the stock market, the bond market, and other fantastic ephemera is considered the determining factor for the well-being of mankind by every newspaper or magazine from the fascists to the socialist, and these metrics of growth and consumption are cited in the university, the government, and the corporation.
In a horrific farce, the fundamental values of humanity: modesty, honesty, sincerity, chastity and humility are treated as at best as hobbies for the leisure class after they have accumulated wealth, but are frequently presented as obstacles to economic growth that requires waste and impulse.
Frugality, is the greatest sin, believing that one can live a spiritually and mentally healthy life without waste is an insult to the beastly ritual of consumption that is held up for all to worship.
Caring for your ill parents, helping your neighbor to repair her window, growing potatoes, or teaching your children to be ethical and to distinguish the truth from falsehood, all these actions are negatives for the gross domestic product, negatives for your standing in society.
Along the way, we drifted from a cooperative economy into a predatory economy, into a parasitic economy.
That process was linked to the two most horrific traumas that shook us to the core.
The only way to cover up the frauds of 9.11 and of COVID-19 over the last twenty years is to silence citizens by making them an offer they cannot refuse: chose money or truth.
The truth is that the billionaires own nothing except a bankrupt and covetous ideology of money.
The purchase of farmland by Bill Gates, the paving over of priceless farmland to erect pointless shopping malls, highways, and highrises by construction firms and real estate speculators, all this was done using the bogus money printed for them by their lackeys at the Federal Reserve.
That land belongs to all of us. The parasites who have murdered our people so viciously with COVID-19 weapons, or poisonous processed foods, or chemicals dumped in our rivers and lakes, those parasites shall hold no dominion.
The first step for addressing the money issue is to give the land back to the people and allow them to grow their own food, make their own furniture, and be independent of the covert stranglehold of the multinationals.
Similarly, we can write our own music, hold our own concerts, make our own art, put on our own theatre, and thereby leave behind the decadent Hollywood culture of sexual titillation and momentary narcissism.
Take away the imperative to collect money at all costs so as to meet artificially created need to consume, and many social ills will be cured. The institutions regulating money have been turned against the citizens whom they should be protecting.
Multinational corporations, and their puppets, flush with our money, lecture us about recycling and sustainability, about how we must tighten our belts, but they will pull every punch to make sure that no one threatens the plastic and paper packaging systems they have set up to extract profit from us at every turn.
We are not citizens empowered by a contractual relationship with each other using money as determined by Constitution, but rather we have been reduced to consumers who can conceive of value only in terms of dollars because Madison Avenue advertising and public relations firms have indoctrinated us to embrace the false values of the cult of the self.
Because we have been reduced from citizens of a republic with a sense of civic responsibly to consumers of the gaudy wares laid out to distract us, we are led forward not by a clarion call, but by a ring through the nose. We are not masters of our fates; we are no captains of our souls. We are but products to be processed and then disposed of like the ragdolls littering the squalid cage of an idle ape.
No! Our eyes must turn to the hope of a new nation coming.
We must trample those hideous grapes of wrath,
unloosing the terrible swift sword of truth; like lightening, that the truth may go marching on.
“Digital Currency leads us by the hand down the primrose path to slavery“
Money is no mystery
Part Three
Emanuel Pastreich
September 5, 2022
The decay of values, the decline of crafts, of art, of literature, and, above all, of intellectual inquiry in the United States leaves us facing a wasteland wherein money is the only sentient beast, demanding due worship by all.
This horrific change was accompanied by the hollowing out of the economy. We went from agriculture in which there is a clear relationship between labor, product, and the moral and physical wellbeing of the family, to manufacturing in which production was cut off from daily life and monopolized by global capital, to a consumption and the service economy which is mediated by computers, creating online platforms controlled behind the curtains by unaccountable multinational technological monopolies.
And now, in the last stage of the decay of the angel, we are encouraged to welcome as a sign of advancement the replacements of humans with robots, drones, and AI systems. Citizens have no role in this alien economy and we can only feed our families by engaging in some banal activity at a tremendous distance from family and neighbors, and then bringing back the dollars so earned to purchase products sold retail by multinational corporations.
When family farms were replaced with factory farms, when local manufacturing was replaced with imports from China and Thailand, when local businesses were ruthlessly exterminated by monster outlets funded by private equity in the name of efficiency and free trade, when the banks stand triumphant on the ruins of what was once America, they will unfurl a new slavery, dressed up as fashion, safety, and identity awareness, that will crush what remains of our selves. Fascism will come to America when it is downloaded from an I-phone, or posted on Facebook.
Corporate media networks keep repeating the same fraudulent reports about how technological progress had ushered in a better world. Hapless students are taught from elementary school that money is the highest priority, that new technology is required, as is competitiveness, in order to secure a happy future.
Because all aspects of human experience have been farmed out to multinational corporations like Amazon, WalMart, Google, Microsoft, Facebook, and Disney, organizations that function like governments but that are not subject to the Constitution, organizations that keep their finances offshore, we have lost the ability to assess what is true; we have been blinded physically and spiritually.
The private banks ran the show under Presidents Clinton, Bush, Trump, and Biden. They offered us a brave new world in which the stock market determined the health of the economy, a stock market that was inflated by stock buybacks using fake money generated by quantitative easing.
Citizens were forced by their retirement plans to put their money into this ponzi scheme. The corporate media encouraged them to think that funny money printed up by the Federal Reserve was real and that farm land, natural assets, universities and research institutes, even government institutions like the Center for Disease Control that the billionaires had bought with that fake money actually belongs to them.
Derivatives (futures, options, and swaps) are the most abominable of the wretched creatures unleashed on the working man. Derivatives form a system wherein multinational investment banks can claim to have a financial interest in goods they never own using the Mickey Mouse games cooked up by IT experts. The profits from derivatives, in the trillions of dollars, have nothing to do with the real world, but are created out of whole cloth for the billionaire class through the manipulation of information.
Another monster is cryptocurrency, and other forms of digital coinage that crawl the floors of the putrid seas of greed and fraud in search of innocents and fools. These want-to-be currencies follow the primary directive laid down by the grandfather of modern economics P.T. Barnum, “There is a sucker born every day.”
These cryptocurrencies are promoted as a form of money more stable than the bedridden dying dollar, but the metrics that determine the value of BitCoin or Ethereum are rigged by bankers stringing along the little man until he can be wiped out in 9.11 financial disaster.
That final day of reckoning is not far away. Already trillions of dollars of our money was doled out to billionaires through qualitative easing, dumping our money into rigged markets for stocks and bonds, and of course the grotesque ladling out of trillions more during the 2020 COVID crisis.
We cannot know where that money went.
Why? Because the role of intelligence organizations (now run as for-profit corporations) has been vastly expanded over the last two decades. Along the way, they have merged with international investment banks and private equity to become essentially one, a dark octopus colored by greed and fraud that encircles the Earth in its stranglehold, then led by Goldman Sachs, now led by BlackRock and friends, the name does not matter much. What is certain is that its tentacles are wrapped around the neck of every local economy.
The thickest tentacle encircles the Capitol, the United States Congress.
The result? Fiscal and monetary policies are made classified; it is crime to disclose to the public the crimes of global capital. Congress has passed legislation known as “secret law” which has the effect of Federal statutes, but that cannot be made public.
I would love to explain to you this process, with concrete examples of how BlackRock, the Houses of Saud and Windsor, private equity firms, and other entities behind which the super-rich hide, have used secret and top-secret classification to hide their theft of your money; but if I did, I would go to jail and this speech would come to an abrupt end.
The zombie becomes a vampire
The clammy hand of digital currency reaches from the grave to seize us
Now that they have sufficiently degraded our thinking with childish entertainment and a culture driven by narcissistic impulses to keep us unfocused, distracted, and naïve, the time has come for them to launch the final incarnation of money, the vampire that will suck all remaining value out of us, leaving us spiritually and physically impoverished.
I am speaking about the CBDC (Central Bank Digital Currency).
We shall not allow the American worker to be crucified on a cross of ones and zeros.
For yes, verily, the CBDC is the final stage in the decay of the dollar.
President Biden issued an executive order, not a law, entitled “Ensuring responsible development of digital assets” –that means the opposite of its name. This order hands over the treasury to the bankers.
Everyone knew that a law creating a digital currency could not be passed, even in this corrupt Congress. Only the doddering, tottering, Biden could try to make this power grab seem legitimate.
This digital currency will move your savings from your bank to the Federal reserve where it will be used by such monsters as Fannie Mae and Freddie Mac, and be unrelated to any aspect of the economy as we know it.
The billionaires must push through digital currency quickly, before any organized resistance is possible. Citizens who are not billionaires must be deprived of the ownership of property, of their labor and their thinking, and even of their own bodies. The right to travel, or to communicate, must be ended so that the billionaires can rule with absolute dominion.
Digital currency will also be linked to a carbon credit system whereby the invisible hands of the World Economic Forum, not those with moral or scientific credibility, will determine what you can buy.
The Federal Reserve, now but an appendage of the financial blob encircling the Earth, will be empowered by digital currency to turn off your access to money, to freeze the money held in your name, before you can call a lawyer, or make any appeal, and to do so through multinational IT intelligence firms accountable to no one.
You will not have any right to contest the seizure of your money, or your possessions. Your appeal will not go to a judge in a human-based constitutional system, but will be handled by smiling and uncaring AI systems.
In the name of sustainable development, under a United Nations that has become the play toy of billionaires, your money—and NOT the money of billionaires–can be designated as legitimate for buying candy bars, but not for buying nails and lumber, legitimate for buying silly Netflix films, but not for purchasing forbidden books. You will be able to purchase food imported from Mexico at WalMart, but will not be able to buy the lettuce and cucumbers grown by your neighbor.
You will be prohibited from travelling abroad, but those with private planes, those involved in high level public-private partnerships, will be free to do so.
This digital money will be under the control of the Federal Reserve, tracked by corporations on government contracts, and protected by the FBI, Secret Service and other federal agencies that are now on permanent loan to multinational corporations.
Needless to say this action is a violation of the United States Constitution which grants Congress authority to borrow money, and to “coin money and regulate the value thereof” (Article I, section 8). But if no one stands his or her ground, the constitution will be used to mop the floor.
Increasingly, we cannot conduct the transactions of daily life using cash. Already, the United Kingdom, Finland, the Netherlands, Norway, Sweden, and China are well on their way to eliminating cash. They say it is in the interest of convenience, modernity, and safety. But in fact they are opening the gates of hell, paving the road to tyranny.
All we need is a crisis that will force us to embrace this new digital currency. Already they are planting the thermite of hyperinflation in the wobbly columns supporting the dollar. As I speak, they are preparing a controlled demolition that will have us all on our knees when the cardboard messiah of digital currency manifests itself after the crash.
“A revolutionary dollar of the people, for the people, and by the people“
Money is no Mystery
Part Four
Emanuel Pastreich
September 6, 2022
We cannot stop this silent takeover of the American economy, and of the Earth’s economy, a takeover making use of the covert devaluation of money, the reduction of the Federal Reserve and the Department of the Treasury to agents for the rich, unless we confidently and bravely propose an alternative and simultaneously declare that the monetary and currency policies of the “public private partnership” of the billionaires are illegal and immoral.
The rich have any number of tricks to fool us into accepting the false idols that they have prepared so lovingly, to cajole us into welcoming the Trojan horse of digital currencies, just as we were forced to accept COVID payouts that made us dependent on an unconstitutional government, a United States of multinational private equity following a classified constitution for the few.
Creating false money and branding it as our currency is an act of counterfeiting, even if that act is undertaken by firms with fancy Wall Street offices run by gentlemen wearing three-piece suits.
That act in itself, even if covered over with the thin veneer of government institutions, is grounds to arrest the stakeholders (not just the CEOs) of these banks and to seize their assets.
But there are a few steps that must come first.
We must face the reality of contemporary America as it is, not as we wish it were.
That brave act will lead us to the painful conclusion that the takeover of the Executive and Legislative branches is so complete that lobbying against, advocacy against, the rule of money by the banks is not the first step towards our liberation.
No, we must first establish a currency which will serve as the foundation for a productive, not speculative, moral, not extractive, economic system that follows the Constitution and natural law, one that is independent of the poisoned Federal Reserve, one that offers a full-formed alterative to the slavery that awaits us.
The transformation of money must be revolutionary. Progressive change is no longer possible. But it must be revolutionary in a sense that appeals to the better angels of our citizens, not the dogs of war who bay at our doorstep.
A revolutionary dollar in five easy steps
1)
Education for the citizens about money
Economics is the most corrupt and purposely obscure field of pseudoscience, a devious practice run by high priests who attribute the purposeful destruction of our economy by billionaires to science, suggesting that hyperinflation and overproduction are the equivalent of the snow and rain, proposing that the raising or lowering of interest rates, and the doling out of money to multinational corporations, is the way to relieve the suffering of the common man, the common woman.
Our children are taught horrid falsehoods from elementary school on, told that the destruction of their futures is the result of forces beyond their control, the product of a temporary setback, when laceration of their dreams is the explicit goal of rich and powerful.
The first step in our resistance is to educate citizens about what the economy is and how it truly works.
We must go to the streets, go door to door, and we must explain logically, scientifically, and patiently what is going on behind the screaming headlines.
There is no need for juicy donations to the Harvard Business School, or funding for the Economist Magazine from billionaires, in order for the man in the street to understand how the economy runs, how money is created for the billionaires, and how debt is created to enslave us.
We must tell them the truth about digital currencies, the stock market, derivatives and other frauds, explaining how these cooked-up indicators of growth are unrelated to our economy.
We must explain to the citizens how banks create money out of thin air, and how the digital currencies and cryptocurrencies are but a trap meant to trick them into surrendering the last traces of real ownership to faceless AI.
Citizens must grasp that this digital money, is not money at all, but an IOU note to them from unaccountable powers, a note that can be cancelled at any moment for bad behavior, for no reason at all.
They must understand that its value is determined by computer banks owned by multinational corporations. Digital currency is, in other words, a weapon of mass destruction.
2)
Denounce the fiat currency dollar controlled by multinational banks and launch the revolutionary dollar
The collapsing dollar system threatens to take us down with it, be we white collar or blue color, man or woman, black or white. But corporate media tries to divide us against each other using ethic and identity conflicts of its own creation.
Just as other nations must free themselves from the dollar-dominated economic system, so also must the citizens of the United States declare their independence from this banker-driven Titanic.
Taking the Declaration of Independence and the Constitution as our sword and our shield, we will bravely assert the true relationship of the citizen to the federal government, insisting that only we the people have the right to issue currency through a Congress that is accountable, in word and deed, to us.
We will assert that the value of the dollar must be determined in a transparent and accountable manner, in accord with the Constitution.
If that is not the case, and it most obviously IS not the case, then it CANNOT be considered as a currency. It is but pretty printed paper.
We will assert that the new digital currency, and the Federal Reserve’s fiat currency dollars, now controlled by multinational banks, are by their self-evident nature unconstitutional, illegitimate, and criminal.
We will refuse to use them for economic transactions and we will allow citizens to convert their fiat dollars for our substantial revolutionary dollars in accord with the true needs of the working people of our country, not the greed of the moneychangers and the speculators.
The “Revolutionary Dollar” will support an accountable and transparent monetary system that is based on value, not forced debt, not the threat of military force, and not chimeric digits floating in cyberspace.
You heard right. The revolutionary dollar will be a democratic currency that is issued directly to citizens following the Constitution.
This new democratic economy will be local in nature, but will include transparent and verifiable systems for national and international exchange that are independent of the casinos run by the gamblers and tricksters.
That independent economy will be based on concrete contributions from the citizens, and will offer a clear alternative to the rotten globalist economy that drags us towards slavery.
3)
Establish the value of the revolutionary dollar
The revolutionary dollar will be grounded at the local level in credible agreements among citizens that determine its value with regards to concrete goods and services. The revolutionary dollar will go hand in hand with a transparent, accountable, and democratic banking system, banks that are run as cooperatives by the members of the immediate community first.
But even more important than establishing a free and democratic dollar, we must help the citizen to reduce his or her dependency on money and encourage self-sufficiency, local barter, and cooperation within the community.
Turn strangers into neighbors and you will magically find solutions to many economic needs. It is because you do not know your neighbor, do not trust the man passing you on the street, and have grown distant from your son and daughter that you must conduct all actions via money. That is no accident. That was the plan all along.
The revolutionary dollar will permit a true market economy in which the currency is tied, through participatory discussions, to a set value for three kilos of tomatoes grown in your garden, for two hours of babysitting, for fixing a sink, or for walking a dog every day for a month.
That is to say that the currency will return to the original function of money, a marker in our shared society that allows for a transparent barter system wherein we can cover most needs without ever turning to a multinational corporation or bank.
Trust between neighbors, and between family members, will allow us to govern ourselves, to create an organic system wherein we set the value of money in response to the needs of the citizens in the local economy.
Money will be tied to goods, services, objects and other substantial things, tangible or intangible, through a participatory process wherein citizens set prices through discussion, and establish markets based on real demand.
That process of determining value through open debate between citizens will mean the restoration of politics in the original sense of the word, not the debased Los Vegas strip show to which we are subject today.
The goods and services essential to life: food, tools, housing, transportation, energy, as well as the fundamentals of civilization: rigorous science, moral education, profound intellectual engagement, and the philosophical, aesthetic and spiritual practices that define humanity, will be assigned value within the revolutionary dollar.
The will be no space in this democratic economy for the conversation to revolutionary dollars of ill-got digital fortunes, narco-riches accumulated by billionaires and their intelligence lackeys, money now recorded in the bankrupt fiat currency. The extra billions claimed by multibillionaires by adding a few zeros to the figures in their Amazon, or Google supercomputers, will also vanish.
Inflation will be vanquished by the revolutionary dollar. In addition, no individual, no one family, no class of privileged people, will be permitted to monopolize money, goods or other assets beyond the bounds of fundamental social justice.
So also the debt owed by citizens in that fiat dollar cannot be converted into revolutionary dollars. The revolutionary dollar will be jubilee in every sense of the word.
4)
Creation of local banks for the people
The fiat currency dollar has become a tool for the rich to buy up assets from ordinary citizens using phony money that is backed by the authority of the federal government. This scheme has worked because the commercial media gave this “money” undue legitimacy, and because the dollar was no longer backed by precious metals, and because there were no longer local banks granting meaningful loans to local citizens based on the actual money deposited, to stand in opposition to the international banks.
We must establish local banks that are committed by their charters to being run as cooperatives, committed to investing entirely in the local community, and committed to basing their loans on the money they actually have, that is tied to real objects, to real labor, or to real institutions of substance.
The loans offered by these banks must be for ordinary people, in real money, and they must be for productive and helpful activities.
Those banks must focus on the local, must focus on the long-term wellbeing of the community, the environment, and the future of the nation.
Long-term low interest (30 year loans) and micro-loans, will allow the citizen to purchase high quality, locally handmade pairs of shoes that will last for 30 years, or tables that will last for 100 years, for less money than would cost a shoddy set of imported shoes, or an imported fiberboard table sold by criminal distributor like Walmart.
5)
A global monetary system for the people
Ultimately a new international, and not globalist, financial and trade system must be built from the bottom up, one that permits for healthy and constructive economic interactions starting from the local community, expanding across the nation, and finally reaching out to the citizens (not the corporations) of other nations.
No part of that financial and monetary system will be controlled by the multinational logistics and shipping companies, the large-scale marketing and retail firms, that are run by Wall Street, and the financial monopolies like BlackRock and Vanguard, and the families like the Houses of Saud and Windsor, the Waltons and the Rothchilds, the Kochs and the Mars, who hide behind them.
A healthy, citizen-centered, financial and trade system for the Earth requires transparent and reliable currencies that are outside of the reach of globalists.
We will bypass the poisoned economic system of the globalists entirely.
The sad state of our economy
The bankers, and their friends at the Treasury Department work day and night to put off the inevitable bursting of the bubble, and they will use any means, even if that means the destruction of our nation. The United States resembles the train in the Marx Brothers film “Go West!” the cars of which were chopped to pieces to feed the locomotive’s engine, leaving behind a wreck.
Money without value is the only thing keeping the ship of state afloat. But over time, creating money without value is a horrific ritual of self-cannibalism for a civilization.
Fear of war, fear of pandemics is essential to keeping the population from understanding how the economy, and the culture, is destroyed.
The critiques of this criminality offered by true conservatives like Ron Paul have been replaced with faux conservatives like Donald Trump created by the banks.
The trenchant critique of markets and global finance offered by Marxists and socialists in a previous age have been supplanted by the indulgent chatter about gender and race offered by the so-called “left.”
Enough is enough! Over the last fifty years, the Federal debt has increased 75-fold from $400 billion to $30 trillion, thus rendering your money nearly worthless. The elite have grown wealthy; the citizen has been driven into poverty.
Verily, it is a sordid, vicious racket that poisons the very life blood of the nation. Truly this market, now a corpse, demands at least, an honorable burial.
Affirm the real economy and denounce the fake economy
Personal morality, the needs of local communities, transparency and accountability, local banks and local finance, are concepts alien to the discourse on money promoted in the gaudy media today.
We cannot purchase a solution to this problem with the dollars that are created, regulated, and controlled by the private multinational banks.
Remember that degradation of money is inseparable from the decay of personal ethics, and of the sense of citizenship at the local and the national level.
We can have healthy food, potable water, quality tools and furniture, livable housing, meaningful education and a profound intellectual, cultural and spiritual experience which will make life worth living. That is our goal. Money can help to achieve that goal by setting up equivalencies for exchange, but money itself can never be the solution to the problem.
When the ancients said that money is root of all evil, they had their reasons.
The trust between citizens is the skeleton to which the muscles of the revolutionary dollar will be attached. The revolutionary dollar will be the base on which an independent and moral economy is built.
No longer must our citizens dive into an immoral and parasitic economy in order to obtain the filthy dollars need to feed their children. Such contradictions, such abominations, must be abolished.
Remember that we are fighting a techno-fascist global system that will try to outsmart us, to overwhelm us, by creating false value using its fiat currencies and digital currencies.
That global system uses algorithms calculated by supercomputers, and bribes any number of authority figures, to convince us of its legitimacy.
Yet ultimately we will win because the value of our money, our revolutionary dollars, will be rooted in human interactions, in actual value.
The revolutionary dollar backed by the Constitution, and supported by concrete economic transactions between citizens, will allow us to say to the billionaires like Bill Gates that when they bought up farmland in Montana or Minnesota using the money printed up at their request by the Federal Reserve, that they did not gain ownership in any sense and that their fiat money, their digital currency, shall have no value.
In addition, take notice! The financial crimes of promoting poisonous vaccines are more than enough to justify the seizure of all the assets of these criminals.
Our revolutionary dollar, in other words, will be the wooden stake driven through the heart of the zombie economy, will be the swift sword that strikes down the vampire market, will be the silver hammer that knocks over the rotten casino set up by the money changers of Wall Street.
What will they do, when their goose is cooked, when their money is worthless and their fake assets have evaporated? That is not our concern.
Our nation belongs to its citizens. Our rivers and fields, mountains and oceans, cannot be owned by anyone but remain our cherished common legacy to be preserved far, far into the future, long after the parasitic billionaires are safely entombed in their gaudy graves.
(the title “Money is no Mystery” is adopted from the famed speech by that title delivered by Charles E. Coughlin on December 30th, 1934)
