He has banned CENTRAL BANK digital currencies. That is the important thing. No longer will the Federal Reserve private central banks dictate to us and impose a compulsory global system on all, therebye controlling us completely (which is what "they", the One World Government zealots, wanted to do). President Trump has thwarted them again.
PS sorry about the caps, but no facility for bold type,
And the $500B AI data centers being launched by Trump, Ellison, Altman et al are the technological enablers for all of this. What Trump is being told about AI and the massive data centers is just a ruse to ensure his support. He is being lied to and he’s falling for it, just like he did for Operation Warp Speed and the genetic vaccines. They want AI to run the digital dictatorship so they don’t have to rely on people, and they need these massive data centers to store and process the trillions of transactions needed to make the digital economy go, all centered around digital IDs and the CBDC. Wake up everyone!
That is possible, however Trump has gone on the record numerous times as being opposed to the globalist agenda. I suspect they are luring him along on the technocratic agenda by emphasizing that this is needed to Make America Great Again and we have to do it to maintain global leadership as a sovereign nation and stay ahead of the Chinese and the BRICS nations. I suspect that Trump doesn't know that they are opposed to all of that because it runs counter to their Technocratic goal of creating a New International Economic Order that would abolish all sovereign nations and subjugate all peoples to the new world order. But it's also hard for me to believe that someone isn't giving him better counsel and educating him about these things. He's not a reader, which is a problem. So you may be right.
I hear you, but consider...he doesn't live under a rock and despite his act, he isn't really an idiot. Words are words. Why does he surround himself with WEF graduates if he is against the globalist agenda?
They won't listen to this logic. Not really dumb? Who really financed his adventures and "real estate" all these years to use his altered state? How about those Wharton and Penn scholastic records?
You are correct it is efficient. Sadly your attitude is of seeming helplessness.
We all need to do all our transactions in stores and elsewhere with humans. Do not check out via automated checkout. Insist on checking out with a human being. Likewise CBDC are great for eliminating tellers etc. But is this a good thing? People are far more important than robots.
Use cash. You may have to learn how to count and check the change handed back to you by the cashier. But they are human beings like yourself and they have families etc.
The real global warming is cause by CBDCs, AGI (Artificial General Intelligence) and all the chemicals and poisons put into our Air, Water, Soil, Food and more. It is time to toss overboard the oligarchs and support the common but increasingly rare human being.
There's an irony in how Americans react so viscerally to perceived threats to their liberty, while missing the fundamental erosion of their economic freedom that's been happening for decades.
Most people, including the noble and educated amongst us, don’t even know the difference between currency and money. When people believe that paper IOUs or digitally conjured numbers in bank accounts represent actual stored value, they've already surrendered to a profound illusion.
The current outcry about CBDCs is particularly telling—people panic about digital currency while failing to recognize that their existing cash has been systematically devalued for over half a century.
Let's put this in perspective: in 1920, one silver dollar bought ten cans of Campbell's soup. Today, a dollar—now untethered from any real store of value like gold—can barely purchase half a can. That's roughly a 95% loss in purchasing power. Since Covid, we've seen an average annual debasement of 10%.
Americans, who uniquely pay property taxes on assets they supposedly 'own,' seem unaware of these deeper economic constraints. Perhaps before protesting the latest rearrangement of furniture in our economic cage, we should educate ourselves about the fundamental differences between money and currency, between price and value!
You describe inflation effects on value of money. (You do not describe the semantic differences between money and currency.)
Regardless, Inflation, generated by whatever means, works both ways. My salary joining a major Fortune 100 company in 1974 was $13K. When I left 40 years later it was much more than 10x that. If both inflated at the same rate; I at least break even. Whatever the case, through saving and interest I have still become wealthy in the interim. Much moreso than my wealth(almost zero) when I started as a fresh engineer in 1974!
I have not done a back test or the calculations but BOTH wages and inflation increase over time. Yes, inflation devalues the value of the wages, but moreso? than the compound increase in wealth from the wages and saving and investing the assets? The question is how much MORE does inflation beat out your wages? Is it onerous? Should one expect wage increase over time to beat inflation? I would say YES, IF you have increased your responsibility and output to a company over that same time; otherwise, probably breaking even is OK.
Looking at only ONE side does not objectively consider this subject.
It is not clear exactly what you are saying other than that you believe there is something "deeper" folks are missing. . .
Let's be precise: I'm not describing inflation's effect on money, because money—in its true form—no longer exists. What I'm describing is the systematic debasement of currency over time, balanced by borrowing against future generations' labor hours (debt).
This fundamental distinction between money and currency should be basic knowledge, taught in schools from an early age. The fact that average citizens remain ignorant of this difference reveals how easily populations can be enslaved while maintaining the illusion of wealth.
Contrary to popular belief, wages never truly keep pace with inflation. First, our measurements of inflation are inherently flawed—the Consumer Price Index (CPI) is more accurately described as a Consumer Price Lie, as it fails to account for crucial factors like taxation, real estate prices (only counting rental equivalents, not actual home values), and the insidious effects of 'shrinkflation' where products shrink while prices remain stable.
Second, there's the law of diminishing returns in currency creation: when central banks create new currency through printing or economic stimulus, those who receive it first enjoy the greatest purchasing power. As this currency circulates, its purchasing power progressively diminishes.
This creates an ever-tightening spiral where each cycle of currency creation further widens economic disparities—the wealthy who access new currency first grow richer, while the majority fall further behind—until the system inevitably buckles under its own weight. Given the unprecedented pace of currency creation and wealth concentration we're witnessing today, we're standing at the precipice of this collapse.
All in all, borrowing into prosperity - which has been the economic model of the 'freest nation in the world' - is not wealth or freedom, but enslavement. It's time to recognize this fundamental truth.
Even if wages keep up with expenses, the devaluation of our currency makes it very difficult to save for hard times or old age. The money saved plummets in purchasing power and the government taxes us on any gains even when those gains are less than inflation and are actually purchasing value losses.
Your current view clearly demonstrates how the current economic system has turned into a complex form of societal enchantment that most people fail to comprehend.
People remain largely unaware that their current sense of "wealth" is fundamentally an illusion, achieved by essentially borrowing against the economic potential of future generations.
The fact that your salary appears matched after 40 years isn't a sign of economic preservation, but a symptom of a larger systemic process. This apparent stability actually represents an ongoing adjustment to counteract the rapid depreciation of currency by a continuous debt generation, which is again, akin to borrowing from future economic resources.
This approach amounts to a form of economic theft, where present comfort is secured at the expense of future generations' financial stability.
Thus, the American dream, often celebrated as a beacon of freedom and liberty, is in reality nothing more than a carefully constructed mirage.
People participate in this economic deception by prioritizing immediate individual pleasures over deeper economic principles and long-term societal consequences.
I think I understand what you are saying but I can only respond objectively, not in ethereal projections of the future. I do not dispute or refute your theories about future generations. However, my sense of wealth depends on my perception of the here and now, not an unsee-able society of the future the characteristics and goodness of which NO ONE can predict. You are welcome to your theories though. Any refutation of my perceived wealth vs your belief that I live an illusion, stems from these hard facts:
-- I am wealthy in many respects more today than a half century ago: spiritually(most important), ability to direct my time how I see fit,
-- not wanting for food or material things; I buy whatever I want yet I have few "things"; I have saved many things over decades and re-used them; I still sell no longer utilized possessions on Craig's List, though, I could easily just throw them in the trash.
-- 50 years ago I started in a $135/mo single BR apartment, shared with my wife for the first 3 yrs; a single car, no boat. Today my home is many times larger than that tiny abode, I own it and have no mortgages of any kind.
-- Today, I no longer have my sailboat, my swamp boat-- only a canoe. I can easily afford any boat I desire though.
My wealth is not transmutable to the future nor do I spend timing ruminating about the future of my wealth, money, or anything but the future of my country and my desire to perform in some way now so as to consider those who live after me.
Really, David, I don't believe I am in a grand "illusion".
Your continued response on the same line keep illustrating my point about how deeply ingrained this misconception is. This isn't a theoretical matter - it's about fundamental economic principles that have been obscured by the complexity of modern financial systems.
Let me break it down: Money, in its true form, is meant to be both a store of value and a medium of exchange. What we use today - currency - is primarily credit, functioning only as a medium of exchange without reliably storing value.
At its core, money represents stored human energy and work. In ancient times, this was straightforward: people traded goods they produced through their labor - fish, wood, or hunting yields. As societies evolved, we developed various mediums of exchange (from cattle to seashells) to represent this stored labor value. Precious metals eventually became the preferred medium because they couldn't be artificially created and maintained their value over time.
This stability stemmed from an unchanging reality: today, the same fundamental amount of energy is required to search, find, filter, purify and convert raw gold and silver into coins. This intrinsic connection between value and energy expenditure explains why precious metals have served as reliable stores of value for millennia.
As trade expanded, carrying large amounts of gold and silver became impractical and risky. Bankers offered a solution: they would store people's precious metals in secure vaults and issue paper certificates (IOUs) that could be redeemed for the stored gold.
These certificates were easier to carry and trade, and they worked well as long as they genuinely represented physical gold in the vaults. Each paper note was essentially a claim check for a specific amount of stored value - real human labor converted into precious metals.
The system worked well until banks started issuing more paper claims (IOUs) than they had gold in their vaults. The final break came in 1971 when Nixon abandoned the gold standard, entering us into an unprecedented era of fiat currency - essentially creating claims on future labor without any tangible backing.
This dynamic has profound implications. Like any universal law, economic forces must eventually return to balance - just as an accountant's ledger must balance both sides of the equation. There are no "free lunches" in economics. Since paper IOUs have no intrinsic store of value, their continued printing must be balanced by energy drawn from somewhere. That "somewhere" is the future labor hours of coming generations.
How does this play out in practice? Through a system that ensures perpetual debt and work obligations. When you look at car payments, mortgages, credit cards, and ever-increasing taxes, you see a system designed to require continuous labor. Miss your payments or taxes, and the system is structured to take your assets. This isn't just about individual financial responsibility - it's about a system designed to ensure ongoing debt servitude.
But the implications extend far beyond personal finances. While you may feel financially secure, this system of economic dependency manifests in numerous ways: persistent inflation, stagnating wages, rising crime rates, increasing healthcare costs, and deteriorating public infrastructure. Everything is interconnected.
It's telling that America, despite being called the "land of the free," is unique among developed nations in lacking universal healthcare and maintaining property taxes on fully-owned homes - effectively a double or triple financial burden on its citizens.
These aren't isolated policies but direct consequences of our flawed economic system. So when we examine the true state of our economy, it goes far deeper than individual achievements like paying off a mortgage or having leisure time for kayaking.
For the first time in human history, we now exist in a global economic system where every major currency is fiat-based - backed by nothing but government promises and future productivity. This is completely unprecedented in our species' history. Never before has the entire world operated on purely fiat money simultaneously.
This makes our current situation the most precarious and complex ever, as the potential for systemic collapse is magnified by the interconnected nature of global fiat currencies, all of which ultimately represent claims on future human labor rather than actual stored value.
Understanding this - if we now go back to my earliest example of 1 silver dollar being able to purchase 10 cans of Campbell's soup a century ago - today, 1oz. silver coin, which is worth about $30, can still buy approximately 10 cans of Campbell's soup, reflects how it has maintained its purchasing power over time. Even more striking, a gold coin from the Roman Empire, if melted down, would purchase roughly the same amount of goods today as it did 2,000 years ago.
In contrast, try spending a Greek drachma from just 30 years ago - it's worthless. This isn't just an academic comparison; it demonstrates the fundamental difference between true money as a store of value and currency as a temporary medium of exchange that ultimately fails to preserve wealth across generations.
The consequences are evident today: young adults in their 30s and 40s can't afford basic housing and are living with parents - something nearly unheard of in previous generations. This isn't coincidental; it's a direct result of our current financial system borrowing against future productivity.
Your personal comfort today, while genuine, doesn't negate the systemic issues. When we talk about wealth preservation across generations, we need to look beyond individual circumstances to understand how our current monetary system affects society as a whole.
The ability to provide for your family's future generations isn't just about personal savings - it's increasingly challenged by a system that continuously devalues currency while borrowing against future productivity.
Because the vast majority are not interested in knowing, the idea that things are as bad as they are is terrifying to them so they just deny and move on...which is one of the reasons we are in this mess. You can't help people who are intentionally ignorant, they are Choosing it.
Valid Point Justin. When I went to school there was real civics classes that help students understand the Constitution. With the Vietnam war it became obvious that the Constitution was not being followed. The war in Vietnam, like Korea and Afghanistan, Iraq etc has never been declared.
When students asked uncomfortable question about the fact that a war (Vietnam) had not been declared and yet young people were being drafted and killed in Vietnam, how was that constitutional.
Law enforcement, the military industrial complex, congress, banking and much more were in on the destruction of Constitutional law. So it drops from public consciousness because people being drafted could not find help to enforce the constitution.
I agree with you we should resurrect the Constitution. You can start by making only cash transactions.
Certainly that has been the case since the dawn of C-19. It was declared a national emergency and the Constitution was suspended.
Until Trump restores the Rule of Law as laid out by our Constitution, he is part of the problem not part of the solution.
Also Annie when I was little my parents took us to the US Mint is San Francisco. In those days paper money in smaller denominations was called a Silver Certificate. We went to the SF mint on the last day that one could exchange a silver certificate for silver. What a sham. Yes we got the silver but it was molten and was splashed all over the tack board that captured it. I don't remember the date. But from that date on we had paper money as Federal Reserve Notes. All silver coins were withdrawn over time and replaced with the sandwich of nickel and copper like the quarters we use today.
Congress, law enforcement etc. are all in on the fraud.
They don't need CBDC to control us. All they need to do to control us is to control the government. Have we not learned from covid how vulnerable we are? We have to be aware and stay politically active. It's the only way for the people maintain control. How can we accept that every news broadcast on TV is telling the same lies?
It starts with grass roots movements. Get involved locally. Go to school board and city council meetings. What goes on there may drop your jaw. Run for local office. Write to your congressional reps. Start local activist groups. We The People
We'll see as EOs are usually temporary and can be undone by a new administration. I would like to see congress get off its butt and do some real good by passing permanent legislation banning all CBDCs of any kind as well as digital IDs as well as banning WHO support of any kind.
The text of this article needs serious editing. There are far too many glitches. The subject is far too important to be want of such obvious attentions
Wise advice John Leake...well done. The Covid fraud made manifest the first instinct of government is to cut off one's necessities in an effort to force compliance with their false narrative. This is predicted in the Bible, and will happen...but we all need to make it later than sooner. Resist the evil. The "beast" referred to in the Bible is the 4th kingdom upon the earth. Schwabb refers to the WEF agenda as "the 4th Industrial Revolution"....just look at them faithfully serving Satan as they kill off millions of God-fearing people...in the name of the climate change idol.
CBDC or not, our actual electronic money trough card has already lost the 2 main caracteristics. Inflation depletes the value, so it is not a good store ov value. Readily accessible has been proven to be frai in the Truckers manifestation in Canada.
New Executive Order: No CBDCs can be used within the US. This is big.
https://merylnass.substack.com/p/new-executive-order-no-cbdcs-can
?
Thank God for President Trump!
Has he not introduced HIS version?
He has banned CENTRAL BANK digital currencies. That is the important thing. No longer will the Federal Reserve private central banks dictate to us and impose a compulsory global system on all, therebye controlling us completely (which is what "they", the One World Government zealots, wanted to do). President Trump has thwarted them again.
PS sorry about the caps, but no facility for bold type,
haha. Why don't you look what crypto boy Really has in mind. Biometric IDs much?
"President Trump has thwarted them again."
Wait and see how this plays out.
Cryptocurrency is not the same as CBDCs
yesthe will be samething a tracker
https://open.substack.com/pub/celiafarber/p/trump-signs-executive-order-banning?r=15eyho&utm_campaign=post&utm_medium=web&showWelcomeOnShare=false
there are exceptions though that get around that. look closely at the order.
euuk ok
And the $500B AI data centers being launched by Trump, Ellison, Altman et al are the technological enablers for all of this. What Trump is being told about AI and the massive data centers is just a ruse to ensure his support. He is being lied to and he’s falling for it, just like he did for Operation Warp Speed and the genetic vaccines. They want AI to run the digital dictatorship so they don’t have to rely on people, and they need these massive data centers to store and process the trillions of transactions needed to make the digital economy go, all centered around digital IDs and the CBDC. Wake up everyone!
Or, perhaps he's not being lied to.
Watch some old clips of Trump, compare them to the character of today...he's acting, he's playing a part.
He's still very proud of his death shots...
That is possible, however Trump has gone on the record numerous times as being opposed to the globalist agenda. I suspect they are luring him along on the technocratic agenda by emphasizing that this is needed to Make America Great Again and we have to do it to maintain global leadership as a sovereign nation and stay ahead of the Chinese and the BRICS nations. I suspect that Trump doesn't know that they are opposed to all of that because it runs counter to their Technocratic goal of creating a New International Economic Order that would abolish all sovereign nations and subjugate all peoples to the new world order. But it's also hard for me to believe that someone isn't giving him better counsel and educating him about these things. He's not a reader, which is a problem. So you may be right.
I hear you, but consider...he doesn't live under a rock and despite his act, he isn't really an idiot. Words are words. Why does he surround himself with WEF graduates if he is against the globalist agenda?
They won't listen to this logic. Not really dumb? Who really financed his adventures and "real estate" all these years to use his altered state? How about those Wharton and Penn scholastic records?
I don't know who Wharton and Penn, never heard of them.
Wharton School of Business and Univ. of Penn. which he flunked out of.
You are correct it is efficient. Sadly your attitude is of seeming helplessness.
We all need to do all our transactions in stores and elsewhere with humans. Do not check out via automated checkout. Insist on checking out with a human being. Likewise CBDC are great for eliminating tellers etc. But is this a good thing? People are far more important than robots.
Use cash. You may have to learn how to count and check the change handed back to you by the cashier. But they are human beings like yourself and they have families etc.
The real global warming is cause by CBDCs, AGI (Artificial General Intelligence) and all the chemicals and poisons put into our Air, Water, Soil, Food and more. It is time to toss overboard the oligarchs and support the common but increasingly rare human being.
❤️❤️❤️. Yes, my friend
Thank you Donna and all those who liked the comment.Catherine Austin Fitts has been warning us of this for some time. Urging all of us to use cash!
There's an irony in how Americans react so viscerally to perceived threats to their liberty, while missing the fundamental erosion of their economic freedom that's been happening for decades.
Most people, including the noble and educated amongst us, don’t even know the difference between currency and money. When people believe that paper IOUs or digitally conjured numbers in bank accounts represent actual stored value, they've already surrendered to a profound illusion.
The current outcry about CBDCs is particularly telling—people panic about digital currency while failing to recognize that their existing cash has been systematically devalued for over half a century.
Let's put this in perspective: in 1920, one silver dollar bought ten cans of Campbell's soup. Today, a dollar—now untethered from any real store of value like gold—can barely purchase half a can. That's roughly a 95% loss in purchasing power. Since Covid, we've seen an average annual debasement of 10%.
Americans, who uniquely pay property taxes on assets they supposedly 'own,' seem unaware of these deeper economic constraints. Perhaps before protesting the latest rearrangement of furniture in our economic cage, we should educate ourselves about the fundamental differences between money and currency, between price and value!
You describe inflation effects on value of money. (You do not describe the semantic differences between money and currency.)
Regardless, Inflation, generated by whatever means, works both ways. My salary joining a major Fortune 100 company in 1974 was $13K. When I left 40 years later it was much more than 10x that. If both inflated at the same rate; I at least break even. Whatever the case, through saving and interest I have still become wealthy in the interim. Much moreso than my wealth(almost zero) when I started as a fresh engineer in 1974!
I have not done a back test or the calculations but BOTH wages and inflation increase over time. Yes, inflation devalues the value of the wages, but moreso? than the compound increase in wealth from the wages and saving and investing the assets? The question is how much MORE does inflation beat out your wages? Is it onerous? Should one expect wage increase over time to beat inflation? I would say YES, IF you have increased your responsibility and output to a company over that same time; otherwise, probably breaking even is OK.
Looking at only ONE side does not objectively consider this subject.
It is not clear exactly what you are saying other than that you believe there is something "deeper" folks are missing. . .
Let's be precise: I'm not describing inflation's effect on money, because money—in its true form—no longer exists. What I'm describing is the systematic debasement of currency over time, balanced by borrowing against future generations' labor hours (debt).
This fundamental distinction between money and currency should be basic knowledge, taught in schools from an early age. The fact that average citizens remain ignorant of this difference reveals how easily populations can be enslaved while maintaining the illusion of wealth.
Contrary to popular belief, wages never truly keep pace with inflation. First, our measurements of inflation are inherently flawed—the Consumer Price Index (CPI) is more accurately described as a Consumer Price Lie, as it fails to account for crucial factors like taxation, real estate prices (only counting rental equivalents, not actual home values), and the insidious effects of 'shrinkflation' where products shrink while prices remain stable.
Second, there's the law of diminishing returns in currency creation: when central banks create new currency through printing or economic stimulus, those who receive it first enjoy the greatest purchasing power. As this currency circulates, its purchasing power progressively diminishes.
This creates an ever-tightening spiral where each cycle of currency creation further widens economic disparities—the wealthy who access new currency first grow richer, while the majority fall further behind—until the system inevitably buckles under its own weight. Given the unprecedented pace of currency creation and wealth concentration we're witnessing today, we're standing at the precipice of this collapse.
All in all, borrowing into prosperity - which has been the economic model of the 'freest nation in the world' - is not wealth or freedom, but enslavement. It's time to recognize this fundamental truth.
Even if wages keep up with expenses, the devaluation of our currency makes it very difficult to save for hard times or old age. The money saved plummets in purchasing power and the government taxes us on any gains even when those gains are less than inflation and are actually purchasing value losses.
So how is it I am so wealthy after 50 years of inflation?!
Did I save too much?! well, as much as I could, paid off the damn mortgage in 13 yrs.
Did I achieve outrageous returns on my passive investments(certainly not!)
Did I inherit all my money?no.
There are mitigating variables economist types are NOT accounting for. THIS is why.
Your current view clearly demonstrates how the current economic system has turned into a complex form of societal enchantment that most people fail to comprehend.
People remain largely unaware that their current sense of "wealth" is fundamentally an illusion, achieved by essentially borrowing against the economic potential of future generations.
The fact that your salary appears matched after 40 years isn't a sign of economic preservation, but a symptom of a larger systemic process. This apparent stability actually represents an ongoing adjustment to counteract the rapid depreciation of currency by a continuous debt generation, which is again, akin to borrowing from future economic resources.
This approach amounts to a form of economic theft, where present comfort is secured at the expense of future generations' financial stability.
Thus, the American dream, often celebrated as a beacon of freedom and liberty, is in reality nothing more than a carefully constructed mirage.
People participate in this economic deception by prioritizing immediate individual pleasures over deeper economic principles and long-term societal consequences.
I think I understand what you are saying but I can only respond objectively, not in ethereal projections of the future. I do not dispute or refute your theories about future generations. However, my sense of wealth depends on my perception of the here and now, not an unsee-able society of the future the characteristics and goodness of which NO ONE can predict. You are welcome to your theories though. Any refutation of my perceived wealth vs your belief that I live an illusion, stems from these hard facts:
-- I am wealthy in many respects more today than a half century ago: spiritually(most important), ability to direct my time how I see fit,
-- not wanting for food or material things; I buy whatever I want yet I have few "things"; I have saved many things over decades and re-used them; I still sell no longer utilized possessions on Craig's List, though, I could easily just throw them in the trash.
-- 50 years ago I started in a $135/mo single BR apartment, shared with my wife for the first 3 yrs; a single car, no boat. Today my home is many times larger than that tiny abode, I own it and have no mortgages of any kind.
-- Today, I no longer have my sailboat, my swamp boat-- only a canoe. I can easily afford any boat I desire though.
My wealth is not transmutable to the future nor do I spend timing ruminating about the future of my wealth, money, or anything but the future of my country and my desire to perform in some way now so as to consider those who live after me.
Really, David, I don't believe I am in a grand "illusion".
Your continued response on the same line keep illustrating my point about how deeply ingrained this misconception is. This isn't a theoretical matter - it's about fundamental economic principles that have been obscured by the complexity of modern financial systems.
Let me break it down: Money, in its true form, is meant to be both a store of value and a medium of exchange. What we use today - currency - is primarily credit, functioning only as a medium of exchange without reliably storing value.
At its core, money represents stored human energy and work. In ancient times, this was straightforward: people traded goods they produced through their labor - fish, wood, or hunting yields. As societies evolved, we developed various mediums of exchange (from cattle to seashells) to represent this stored labor value. Precious metals eventually became the preferred medium because they couldn't be artificially created and maintained their value over time.
This stability stemmed from an unchanging reality: today, the same fundamental amount of energy is required to search, find, filter, purify and convert raw gold and silver into coins. This intrinsic connection between value and energy expenditure explains why precious metals have served as reliable stores of value for millennia.
As trade expanded, carrying large amounts of gold and silver became impractical and risky. Bankers offered a solution: they would store people's precious metals in secure vaults and issue paper certificates (IOUs) that could be redeemed for the stored gold.
These certificates were easier to carry and trade, and they worked well as long as they genuinely represented physical gold in the vaults. Each paper note was essentially a claim check for a specific amount of stored value - real human labor converted into precious metals.
The system worked well until banks started issuing more paper claims (IOUs) than they had gold in their vaults. The final break came in 1971 when Nixon abandoned the gold standard, entering us into an unprecedented era of fiat currency - essentially creating claims on future labor without any tangible backing.
This dynamic has profound implications. Like any universal law, economic forces must eventually return to balance - just as an accountant's ledger must balance both sides of the equation. There are no "free lunches" in economics. Since paper IOUs have no intrinsic store of value, their continued printing must be balanced by energy drawn from somewhere. That "somewhere" is the future labor hours of coming generations.
How does this play out in practice? Through a system that ensures perpetual debt and work obligations. When you look at car payments, mortgages, credit cards, and ever-increasing taxes, you see a system designed to require continuous labor. Miss your payments or taxes, and the system is structured to take your assets. This isn't just about individual financial responsibility - it's about a system designed to ensure ongoing debt servitude.
But the implications extend far beyond personal finances. While you may feel financially secure, this system of economic dependency manifests in numerous ways: persistent inflation, stagnating wages, rising crime rates, increasing healthcare costs, and deteriorating public infrastructure. Everything is interconnected.
It's telling that America, despite being called the "land of the free," is unique among developed nations in lacking universal healthcare and maintaining property taxes on fully-owned homes - effectively a double or triple financial burden on its citizens.
These aren't isolated policies but direct consequences of our flawed economic system. So when we examine the true state of our economy, it goes far deeper than individual achievements like paying off a mortgage or having leisure time for kayaking.
For the first time in human history, we now exist in a global economic system where every major currency is fiat-based - backed by nothing but government promises and future productivity. This is completely unprecedented in our species' history. Never before has the entire world operated on purely fiat money simultaneously.
This makes our current situation the most precarious and complex ever, as the potential for systemic collapse is magnified by the interconnected nature of global fiat currencies, all of which ultimately represent claims on future human labor rather than actual stored value.
Understanding this - if we now go back to my earliest example of 1 silver dollar being able to purchase 10 cans of Campbell's soup a century ago - today, 1oz. silver coin, which is worth about $30, can still buy approximately 10 cans of Campbell's soup, reflects how it has maintained its purchasing power over time. Even more striking, a gold coin from the Roman Empire, if melted down, would purchase roughly the same amount of goods today as it did 2,000 years ago.
In contrast, try spending a Greek drachma from just 30 years ago - it's worthless. This isn't just an academic comparison; it demonstrates the fundamental difference between true money as a store of value and currency as a temporary medium of exchange that ultimately fails to preserve wealth across generations.
The consequences are evident today: young adults in their 30s and 40s can't afford basic housing and are living with parents - something nearly unheard of in previous generations. This isn't coincidental; it's a direct result of our current financial system borrowing against future productivity.
Your personal comfort today, while genuine, doesn't negate the systemic issues. When we talk about wealth preservation across generations, we need to look beyond individual circumstances to understand how our current monetary system affects society as a whole.
The ability to provide for your family's future generations isn't just about personal savings - it's increasingly challenged by a system that continuously devalues currency while borrowing against future productivity.
Interesting insight, we should educate ourselves about the fundamental differences between money and currency, between price and value ✨
We should remember, the Constitution does not allow any other form of money besides "gold and silver coin" (article S10.c1.2.2.1)
"Ahhh, but fiat" you say?? Indeed. Fiat currency (and Central Bank) are UNCONSTITUTIONAL
What IS constitutional these days?
Not much.
Then help teach people about the constitution instead of telling them they're screwed. Enable them to help themselves and teach others.
Because the vast majority are not interested in knowing, the idea that things are as bad as they are is terrifying to them so they just deny and move on...which is one of the reasons we are in this mess. You can't help people who are intentionally ignorant, they are Choosing it.
Valid Point Justin. When I went to school there was real civics classes that help students understand the Constitution. With the Vietnam war it became obvious that the Constitution was not being followed. The war in Vietnam, like Korea and Afghanistan, Iraq etc has never been declared.
When students asked uncomfortable question about the fact that a war (Vietnam) had not been declared and yet young people were being drafted and killed in Vietnam, how was that constitutional.
Law enforcement, the military industrial complex, congress, banking and much more were in on the destruction of Constitutional law. So it drops from public consciousness because people being drafted could not find help to enforce the constitution.
I agree with you we should resurrect the Constitution. You can start by making only cash transactions.
Hi Annie and commentariat,
Certainly that has been the case since the dawn of C-19. It was declared a national emergency and the Constitution was suspended.
Until Trump restores the Rule of Law as laid out by our Constitution, he is part of the problem not part of the solution.
Also Annie when I was little my parents took us to the US Mint is San Francisco. In those days paper money in smaller denominations was called a Silver Certificate. We went to the SF mint on the last day that one could exchange a silver certificate for silver. What a sham. Yes we got the silver but it was molten and was splashed all over the tack board that captured it. I don't remember the date. But from that date on we had paper money as Federal Reserve Notes. All silver coins were withdrawn over time and replaced with the sandwich of nickel and copper like the quarters we use today.
Congress, law enforcement etc. are all in on the fraud.
Thank you, great comment wm :)
The further you dig into it, the more snakes you find.
They don't need CBDC to control us. All they need to do to control us is to control the government. Have we not learned from covid how vulnerable we are? We have to be aware and stay politically active. It's the only way for the people maintain control. How can we accept that every news broadcast on TV is telling the same lies?
It starts with grass roots movements. Get involved locally. Go to school board and city council meetings. What goes on there may drop your jaw. Run for local office. Write to your congressional reps. Start local activist groups. We The People
Gold. Silver. Lead.
And Jesus
NO CBDC per Trumps EO in the USA..
We'll see as EOs are usually temporary and can be undone by a new administration. I would like to see congress get off its butt and do some real good by passing permanent legislation banning all CBDCs of any kind as well as digital IDs as well as banning WHO support of any kind.
The text of this article needs serious editing. There are far too many glitches. The subject is far too important to be want of such obvious attentions
There were so many typo’s and incomplete sentences in this article that I quit reading it. What happened?
Wise advice John Leake...well done. The Covid fraud made manifest the first instinct of government is to cut off one's necessities in an effort to force compliance with their false narrative. This is predicted in the Bible, and will happen...but we all need to make it later than sooner. Resist the evil. The "beast" referred to in the Bible is the 4th kingdom upon the earth. Schwabb refers to the WEF agenda as "the 4th Industrial Revolution"....just look at them faithfully serving Satan as they kill off millions of God-fearing people...in the name of the climate change idol.
The movie link is a scam. I provided all my personal information and never receive the movie link.
Here’s the YouTube link: https://youtu.be/w4vVx0WH0kA?si=tl38spz174ItLJeE
Cant help thinking some facsimile of a CBDC will somehow connect to the antichrist/beast last days system. Just seems plausible.
Yes, I WILL plan to be involved locally.
THIS is the end of our world as we "know" it, for sure.
CBDC or not, our actual electronic money trough card has already lost the 2 main caracteristics. Inflation depletes the value, so it is not a good store ov value. Readily accessible has been proven to be frai in the Truckers manifestation in Canada.