WHAT IS A RESPONSIBLE ECONOMY?
• CURRENCY ISSUED IN GOLD AND SILVER OR FIAT MONEY BACKED BY GOLDAND SILVER.
• THE US CONSTITUTION SAYS THAT EACH STATE SHALL ISSUE CURRENCY INGOLD AND SILVER.
• MONEY TO BE PRINTED BY THE STATE AS STIPULATED IN THE CONSTITUTION IN GOLD AND SILVER OR FIAT
MONEY BACKED BY GOLD AND SILVER.
• CONSTITUTIONAL POWER TO PRINT MONEY IS WITH THE STATE AND NOT THE BANKS.
• MONEY SUPPLIED BY THE STATE WOULD CORRESPOND WITH GOODS, SERVICES, AND ASSETS IN SOCIETY.
UNSTABLE ECONOMY IN DECLINE
• SUPPLY OF MONEY MUCH GREATER THAN SUPPLY OF ASSETS
• MONEY PRINTED & LOANED TO US BANKS BY FEDERAL RESERVE AT INTEREST & MULTIPLIED THROUGH LENDING.
• DEBT
• DEBT
• MINIMAL ASSETS
• MONEY-MONEY TRANSACTIONS RAMPANT
• INFLATION AND DECLINING VALUE OF FIAT CURRENCY
STABLE ECONOMY WITH GROWTH
• MINIMAL DEBT
• MONEY PRINTED BY THE STATE IN GOLD OR SILVER OR FIAT MONEY BACKED BY GOLD AND/OR SILVER
• SUPPLY OF MONEY = SUPPLY OF ASSETS
PRODUCTIVE TRADE
• MINIMAL INFLATION
• MONEY-COMMODITY AND COMMODITY-COMMODITY TRANSACTIONS
• NO-INTEREST FINANCING
• STABILIZATION OF PURCHASING POWER AND PRICES
PRESIDENT KENNEDY
• PRESIDENT KENNEDY ATTEMPTED TO TAKE BACK THE POWER TO PRINT MONEY FROM THE BANKS
THROUGH EXECUTIVE ORDER 11110.
• SILVER CERTIFICATES OR FIAT MONEY BACKED BY SILVER.
• IT WAS NEVER IMPLEMENTED.
INFLATION
• WHEN THE MONEY SUPPLIED INTO THE ECONOMY IS GREATER THAN THE CORRESPONDING GOODS,
ASSETS, AND SERVICES, THIS CAUSES INFLATION.
• INFLATION COMBINED WITH THE DECLINING VALUE OF FIAT CURRENCY ISA RECIPE FOR DISASTER.
• EVENTUALLY, FIAT MONEY WILL COLLAPSE AND THE WORLD WILL BE RULEDBY BANKS THROUGH A CREDIT
SYSTEM.
• CHIPPING OF HUMAN BEINGS.
THOMAS JEFFERSON

Stable versus Unstable Economy

  • 2.
    WHAT IS ARESPONSIBLE ECONOMY? • CURRENCY ISSUED IN GOLD AND SILVER OR FIAT MONEY BACKED BY GOLDAND SILVER. • THE US CONSTITUTION SAYS THAT EACH STATE SHALL ISSUE CURRENCY INGOLD AND SILVER. • MONEY TO BE PRINTED BY THE STATE AS STIPULATED IN THE CONSTITUTION IN GOLD AND SILVER OR FIAT MONEY BACKED BY GOLD AND SILVER. • CONSTITUTIONAL POWER TO PRINT MONEY IS WITH THE STATE AND NOT THE BANKS. • MONEY SUPPLIED BY THE STATE WOULD CORRESPOND WITH GOODS, SERVICES, AND ASSETS IN SOCIETY.
  • 3.
    UNSTABLE ECONOMY INDECLINE • SUPPLY OF MONEY MUCH GREATER THAN SUPPLY OF ASSETS • MONEY PRINTED & LOANED TO US BANKS BY FEDERAL RESERVE AT INTEREST & MULTIPLIED THROUGH LENDING. • DEBT • DEBT • MINIMAL ASSETS • MONEY-MONEY TRANSACTIONS RAMPANT • INFLATION AND DECLINING VALUE OF FIAT CURRENCY
  • 4.
    STABLE ECONOMY WITHGROWTH • MINIMAL DEBT • MONEY PRINTED BY THE STATE IN GOLD OR SILVER OR FIAT MONEY BACKED BY GOLD AND/OR SILVER • SUPPLY OF MONEY = SUPPLY OF ASSETS PRODUCTIVE TRADE • MINIMAL INFLATION • MONEY-COMMODITY AND COMMODITY-COMMODITY TRANSACTIONS • NO-INTEREST FINANCING • STABILIZATION OF PURCHASING POWER AND PRICES
  • 5.
    PRESIDENT KENNEDY • PRESIDENTKENNEDY ATTEMPTED TO TAKE BACK THE POWER TO PRINT MONEY FROM THE BANKS THROUGH EXECUTIVE ORDER 11110. • SILVER CERTIFICATES OR FIAT MONEY BACKED BY SILVER. • IT WAS NEVER IMPLEMENTED.
  • 6.
    INFLATION • WHEN THEMONEY SUPPLIED INTO THE ECONOMY IS GREATER THAN THE CORRESPONDING GOODS, ASSETS, AND SERVICES, THIS CAUSES INFLATION. • INFLATION COMBINED WITH THE DECLINING VALUE OF FIAT CURRENCY ISA RECIPE FOR DISASTER. • EVENTUALLY, FIAT MONEY WILL COLLAPSE AND THE WORLD WILL BE RULEDBY BANKS THROUGH A CREDIT SYSTEM. • CHIPPING OF HUMAN BEINGS.
  • 7.