How we got here

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Truth does not change.

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How we got here

  1. 1. Read Learn Marinate Wake-up
  2. 2. A wise man said…exact no more that that which is appointed you.
  3. 3. mon·ey       1.any circulating medium of exchange, including coins, paper money, and demand deposits.
  4. 4. Commodity Money =Value through Barter and Trade
  5. 5. Representative Money= Backed by Gold and Silver
  6. 6. Fiat Money=Not Backed by Reserves or any known commodity
  7. 7. Credit Money= Exits in conjunction with Fiat Money
  8. 8. NOTE: By design Credit Money Is ALWAYS issued in excess of the reserve it carries.
  9. 9. Let’s Assume Money = Debt
  10. 10. And Interest = Entitlement
  11. 11. Does Money = Value?
  12. 12. Or is value = God, Family and Friends
  13. 13. Generations Generation Generate Genetic Genes We need Less Downsizing
  14. 14. Today we only… Buy, Sell & Trade?
  15. 15. I propose instead we… Plant, Grow & Sow
  16. 16. 1791-1811 The First Bank Of the United States Bitterly opposed by Thomas Jefferson And James Madison as an engine for Corruption
  17. 17. 1816-1836 The Second Bank Of the United States Andrew Jackson denounced it as an engine for Corruption
  18. 18. 1816-1836 The Second Bank Of the United States Andrew Jackson denounced it as an engine for Corruption
  19. 19. 1837-1862 National Banks Currency backed with treasuries. Liquidity problems led to the 1907 panic.
  20. 20. 1863-1913 The Free Bank Era The state regulated reserves that were backed By gold and silver
  21. 21. 1913 Creation of the Federal Reserve Fractional Reserve Banking No confidence Loan Defaults Bank Runs Bank Bankruptcy 2008
  22. 22. How much does a $100 promise to pay equate to in fractional reserve banking?
  23. 23. In a fractional-reserve banking system, in the event of a bank run , the demand depositors and note holders would attempt to withdraw more money than the bank has in reserves, causing the bank to suffer a liquidity crisis and, ultimately, to perhaps default.
  24. 25. Thanks to the sources: http://www.google.com – Google is Smart. http://www.sxc.hu/ http://en.wikipedia.org/wiki/History_of_central_banking_in_the_United_States http://en.wikipedia.org/wiki/History_of_money http://en.wikipedia.org/wiki/Fractional_reserve_banking http://en.wikipedia.org/wiki/Bank_run http://en.wikipedia.org/wiki/Pyramid_scam Human First!

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