The American history shows that a society must always be ready to fight for their freedom and their just share in the prosperity. My greatest admiration for your work, I very much hope that people realize that it was their grandfathers and great grandfathers had been able to shake off the chains of debt interest, and that there are powerful enemies who seek to prevent just that.
..so far, and i say this cautiously, this campaign of Bill Still's is beginning to seem the bridge between Democrats and (most) Republicans. Perhaps one of the only issues that can find nearly 100% consensus! The bankers and their stockholders will certainly remain the few dissenters, plus whomever they can "buy" as supporters.
Self-Government, with respect for the Non-aggression principle is completely consistent with Anarcho-Capitalism. Organizations financed by the use and threat of force are not consistent with Anarcho-Capitalism.
It should be legal for anyone to do anything they want, so long as they do not initiate or threaten the use of force against another person or legitimately owned property of another
If you accept the above statement as true, than I believe you are essentially an anarchist :)
@KyleSkullz - which is why I can say without a doubt that I am not, nor will I ever be counted as an anarchist. Anarchy favors rule by the rich -- the law of the jungle.
"Which is why I can say without a doubt that I am not, nor will I ever be counted as an anarchist"
Do you believe that some people ought to have the right to INITIATE the use and/or threat of coercion and violence against other people who have committed no crime?
Hmm, and people seem to want to sell other people gold & silver in case of an unavoidable emergency. Yet Silver is in almost EVERYTHING and gold is hoarded.
How about making objects, everyday objects, even USELESS objects, money? The Tally Stick was used, which was pretty cool, at least I think so. A stick of wood..........
One thing that I do not understand is how you claim that the money supply has contracted by 40%, yet they keep making more fiat currency through entering a bunch of numbers in a computer. Am I missing something?
@TheMadApe - First of all, it's not my number, it's the Blackstone Group. Secondly, the vast majority of a nation's wealth is in its real estate value. Real Estate values dropped 40% worldwide.
@TheMadApe The majority of money in a broad sense is not created by the central bank.
If you put $100 in a transactional bank account, the bank will lend out most of that money and keep only a small reserve. But the banks $100 debt to you still acts as money; you can transfer that debt to someone else as a means of payment.
This process can repeat such that the $100 you deposited is the basis for up to almost a thousand dollars of checkbook money.
So-called competing currencies is a red herring (sure, people should be able to do whatever they want with their pieces of metal – no dispute there). Ultimately, what matters is 'that which is necessary to pay taxes' (twintpt) and the quantity of twintpt in circulation. Using gold & silver as 'money' by definition requires the government to declare it twintpt. Otherwise they are just commodities that people can trade however they please.
@OgallalaKnowhow -- money must -- according to Brit. Bob Welham -- "must be valueless and ubiquitous to effectively serve the public interest." There can be no less a value than valueless, so therefore, anything more valuable will incur a cost that would naturally favor the valueless, debt-free money. I don't fear competing currencies, but they would never be much more than a security blanket because in a rightly-controlled debt-free system, the would impose a cost that US Notes would not.
0:35 Debt-Free Government Issued Money - a.k.a Sovereign Public Money vs. private Banking Money created through debt.
U.S. Mint circulating coins are Debt-Free Government Issued Money. You can order US Dollar coins from the Mint with free shipping. The FED buys us face value for these coins for a fee netting 88% seigniorage (88 cents per dollar) which goes to paying DOWN the national debt.
Go to US Mint (dot) gov or a bank to get US Mint Dollar coins.
Why not have different systems for different purposes (eg. local/national trade, international trade, social security)? Bernard Lietaer proposes this and Doughlas Rushkoff presents a very convincing analogy in the first few minutes of a presentation here on YT:
YT: watch?v=OHMvknT_uk4
What do you think of different currencies for different purposes?
Thank you so much for your invaluable educational contribution!
I think, educating people and turning around governments by democratic means is a multi-generation enterprise. In the short term, I see creation of community scrip currencies backed by people's services and products an important means to enable non-compliance to the corporate governments "solutions".
My observation is, that the major discussions are mostly about one sort of money and one type of system and the question is, how that system should operate.
"The leading horse is white, ... " I remember that music from my teenage days and get the impression, that you (too) envision a critical tipping point not too far ahead.
Here in the union of non-sovereign nations of Europe, we're presented the EMF, a new instrument to take over and centrally control member nations economies. Its blueprint was found with big surprise in the drawer of our German treasury secretary's desk (we're not told know who designed it and placed it there).
Still ~ Interesting argument for Fiat money, but without backing money with something, how is the government restrained from using the mint as their personal ATM, printing too much money, and devaluing the currency?
Bryan, 1st of all, "fiat" means "sanction by a person in authority". It does not mean money that isn't gold. If gold were declared to be money again, it would be "fiat" money too. To you point; we are supposed to be living in a Republic -- where the people control the government and its doings. Gold money systems quickly devolve into "gold-backed" money systems, and that's the problem. Please view SR 8-10 for the answer to your question. We were on gold during the Great Depression.
Is there anywhere I can post a donation to your cause. I don't buy DVDs because I don't like the waste and storage. I don't even have a player. But I have watched enough of your stuff on youtube that I think I owe you $30.
I think you should consider changing your position on a congress controlled fed. Based on watching, listening, and reading 10 hours of arguments on both sides, I think the best option to please everyone is a treasury controlled fed. The treasury by law must keep inflation at a set rate say 0%. Thus if there is deflation, the treasury fed might actually send congress say $300 billion to maintain zero inflation that they could spend. This money would be the result from hoarding by China/rich.
Please read Article 1, Section 8 of the U.S. Constitution: "The Congress shall have Power To ... coin Money, regulate the Value thereof...." The power to regulate the value of money is specifically given to the legislative branch, not the executive branch.
@bstill3 I think congress has proven they spend recklessly and fraudulently. Now if they were limited to spending to what they collect in taxes, I think they will become wiser to what they spend money on. Furthermore, they can always tax only the rich. There is no such thing as voting the scoundrels out as you say in you videos, they always stay and will stay. It is also written in the constitution that all money is gold and silver Art 1 Section 10.
The long entrenched MUST GO. The leaders, REPUBS & DEMS, must go. CHAIRPERSONS of powerful committees. Speaker of the House!!!
HOW??? Never again vote for ANYONE for a 3rd term or longer. FORGET PARTIES. USA voter revolt. ONE) your yard sign? A CORN BROOM. TWO) your symbol? A TEA CUP
DURING ELECTIONS organise to go downtown & to key visible interesections in teams. 15 mins half sweep/half lean on broom & mock sip from cups---then switch. CLEAN SWEEP THEM!
Call your state representatives and senators and demand Gov't issued money! Let's put an end to the Fed. Reserve system that only translates into debt for America!
fantastic synopsis of the single most important issue facing the common working man for the forseeable future in this country and for that matter in the entire world.
I'll take one order of freedom thank you...and a side of banking reform? Hold the gold and easy on the fractional reserve practices... and that's my order for today! Great video! ! ! !
Lets call Slavery, Slavery... not Serfdom...
norvman 2 weeks ago
Good stuff.
PersianPaladin 1 month ago
100% Interesting.
hunkydoryorder 1 month ago
Wasn't John F Kennedy murdered for an issue like this?
eveliennijeboer 3 months ago
The American history shows that a society must always be ready to fight for their freedom and their just share in the prosperity. My greatest admiration for your work, I very much hope that people realize that it was their grandfathers and great grandfathers had been able to shake off the chains of debt interest, and that there are powerful enemies who seek to prevent just that.
MultiHalfpipe 4 months ago
I must've got ya thinkin'. :-)
KyleSkullz 7 months ago
..so far, and i say this cautiously, this campaign of Bill Still's is beginning to seem the bridge between Democrats and (most) Republicans. Perhaps one of the only issues that can find nearly 100% consensus! The bankers and their stockholders will certainly remain the few dissenters, plus whomever they can "buy" as supporters.
cammilionme 7 months ago
Your work is common sense and accessible. Thank you.
calrenman 9 months ago
whats the song at beginning and end?
roflcopter804 1 year ago
@roflcopter804 - Hendrix, God Save The Queen
bstill3 1 year ago
@bstill3 No, it's "The Four Horsemen" by Aphrodite's Child.
jhillst 9 months ago
@roflcopter804
Aphrodite's Child "The Four Horsemen"
MultiHalfpipe 4 months ago
This is a great argument. It's where I split with the anarchists.
etzel33 1 year ago
@etzel33 - Absolutely! Without self government we have absolutely no effective weapon against dictatorship.
bstill3 1 year ago
@bstill3
Self-Government, with respect for the Non-aggression principle is completely consistent with Anarcho-Capitalism. Organizations financed by the use and threat of force are not consistent with Anarcho-Capitalism.
It should be legal for anyone to do anything they want, so long as they do not initiate or threaten the use of force against another person or legitimately owned property of another
If you accept the above statement as true, than I believe you are essentially an anarchist :)
KyleSkullz 7 months ago
@KyleSkullz - which is why I can say without a doubt that I am not, nor will I ever be counted as an anarchist. Anarchy favors rule by the rich -- the law of the jungle.
bstill3 7 months ago
@bstill3
"Which is why I can say without a doubt that I am not, nor will I ever be counted as an anarchist"
Do you believe that some people ought to have the right to INITIATE the use and/or threat of coercion and violence against other people who have committed no crime?
KyleSkullz 7 months ago
@KyleSkullz -- no
bstill3 1 month ago
Sounds like Brooke Adams' "Law of Civilization and Decay" and how currency control has played out historically.
bodhisattava100 1 year ago
@bodhisattava100 -- It's more like "Currency Out of Control".
bstill3 1 year ago 2
Hmm, and people seem to want to sell other people gold & silver in case of an unavoidable emergency. Yet Silver is in almost EVERYTHING and gold is hoarded.
How about making objects, everyday objects, even USELESS objects, money? The Tally Stick was used, which was pretty cool, at least I think so. A stick of wood..........
Consumerofknowledge 1 year ago
Hello Bill
One thing that I do not understand is how you claim that the money supply has contracted by 40%, yet they keep making more fiat currency through entering a bunch of numbers in a computer. Am I missing something?
TheMadApe 1 year ago
@TheMadApe - First of all, it's not my number, it's the Blackstone Group. Secondly, the vast majority of a nation's wealth is in its real estate value. Real Estate values dropped 40% worldwide.
bstill3 1 year ago 2
@TheMadApe The majority of money in a broad sense is not created by the central bank.
If you put $100 in a transactional bank account, the bank will lend out most of that money and keep only a small reserve. But the banks $100 debt to you still acts as money; you can transfer that debt to someone else as a means of payment.
This process can repeat such that the $100 you deposited is the basis for up to almost a thousand dollars of checkbook money.
soylentgreenb 1 year ago
@soylentgreenb -- You are right.
bstill3 1 year ago
If we ever get back control over money, I guess we need to amend the constitution to better secure government from ever again giving up this power.
Maybe also include mandatory transparancy over the ammount issueable, etc. :)
TheHorsenation 1 year ago 4
Why not competing currencies?
Paulintheoh8 1 year ago 4
@Paulintheoh8
So-called competing currencies is a red herring (sure, people should be able to do whatever they want with their pieces of metal – no dispute there). Ultimately, what matters is 'that which is necessary to pay taxes' (twintpt) and the quantity of twintpt in circulation. Using gold & silver as 'money' by definition requires the government to declare it twintpt. Otherwise they are just commodities that people can trade however they please.
OgallalaKnowhow 1 year ago
@OgallalaKnowhow -- money must -- according to Brit. Bob Welham -- "must be valueless and ubiquitous to effectively serve the public interest." There can be no less a value than valueless, so therefore, anything more valuable will incur a cost that would naturally favor the valueless, debt-free money. I don't fear competing currencies, but they would never be much more than a security blanket because in a rightly-controlled debt-free system, the would impose a cost that US Notes would not.
bstill3 7 months ago
Bill is right!
0:35 Debt-Free Government Issued Money - a.k.a Sovereign Public Money vs. private Banking Money created through debt.
U.S. Mint circulating coins are Debt-Free Government Issued Money. You can order US Dollar coins from the Mint with free shipping. The FED buys us face value for these coins for a fee netting 88% seigniorage (88 cents per dollar) which goes to paying DOWN the national debt.
Go to US Mint (dot) gov or a bank to get US Mint Dollar coins.
prayfortruejustice 1 year ago
[part 3, last]
Why not have different systems for different purposes (eg. local/national trade, international trade, social security)? Bernard Lietaer proposes this and Doughlas Rushkoff presents a very convincing analogy in the first few minutes of a presentation here on YT:
YT: watch?v=OHMvknT_uk4
What do you think of different currencies for different purposes?
Thank you so much for your invaluable educational contribution!
-
from Germany
(sorry for split comments)
cense13 1 year ago
[part 2]
I think, educating people and turning around governments by democratic means is a multi-generation enterprise. In the short term, I see creation of community scrip currencies backed by people's services and products an important means to enable non-compliance to the corporate governments "solutions".
My observation is, that the major discussions are mostly about one sort of money and one type of system and the question is, how that system should operate.
[TBC part 3]
cense13 1 year ago
"The leading horse is white, ... " I remember that music from my teenage days and get the impression, that you (too) envision a critical tipping point not too far ahead.
Here in the union of non-sovereign nations of Europe, we're presented the EMF, a new instrument to take over and centrally control member nations economies. Its blueprint was found with big surprise in the drawer of our German treasury secretary's desk (we're not told know who designed it and placed it there).
[TBC]
cense13 1 year ago 3
@cense13 Their game is consolidation of power at every level. Please come post on my forum. Search for "Bill Still's Monetary Reforum".
bstill3 1 year ago
I'll do!
Thank you.
cense13 1 year ago
Still ~ Interesting argument for Fiat money, but without backing money with something, how is the government restrained from using the mint as their personal ATM, printing too much money, and devaluing the currency?
BRYAN351 2 years ago 5
Bryan, 1st of all, "fiat" means "sanction by a person in authority". It does not mean money that isn't gold. If gold were declared to be money again, it would be "fiat" money too. To you point; we are supposed to be living in a Republic -- where the people control the government and its doings. Gold money systems quickly devolve into "gold-backed" money systems, and that's the problem. Please view SR 8-10 for the answer to your question. We were on gold during the Great Depression.
bstill3 2 years ago
You make a good case that money shouldn't be backed by gold and silver...
Do you like gold and silver as money itself?
Breycor 2 years ago
As long as they aren't the primary money, that's fine -- a good complimentary money. I guess you would have to only stamp a weight on it?
bstill3 2 years ago
Is there anywhere I can post a donation to your cause. I don't buy DVDs because I don't like the waste and storage. I don't even have a player. But I have watched enough of your stuff on youtube that I think I owe you $30.
pirucreek 2 years ago
Sure. Go to secretofoz dotcom. There is a "Donate" button there.
bstill3 2 years ago
I think you should consider changing your position on a congress controlled fed. Based on watching, listening, and reading 10 hours of arguments on both sides, I think the best option to please everyone is a treasury controlled fed. The treasury by law must keep inflation at a set rate say 0%. Thus if there is deflation, the treasury fed might actually send congress say $300 billion to maintain zero inflation that they could spend. This money would be the result from hoarding by China/rich.
pirucreek 2 years ago
Please read Article 1, Section 8 of the U.S. Constitution: "The Congress shall have Power To ... coin Money, regulate the Value thereof...." The power to regulate the value of money is specifically given to the legislative branch, not the executive branch.
bstill3 2 years ago
@bstill3 I think congress has proven they spend recklessly and fraudulently. Now if they were limited to spending to what they collect in taxes, I think they will become wiser to what they spend money on. Furthermore, they can always tax only the rich. There is no such thing as voting the scoundrels out as you say in you videos, they always stay and will stay. It is also written in the constitution that all money is gold and silver Art 1 Section 10.
pirucreek 2 years ago
Let them fail for sure
avo2cado 2 years ago
DO YOU REALLY WANT CHANGE???
The long entrenched MUST GO. The leaders, REPUBS & DEMS, must go. CHAIRPERSONS of powerful committees. Speaker of the House!!!
HOW??? Never again vote for ANYONE for a 3rd term or longer. FORGET PARTIES. USA voter revolt. ONE) your yard sign? A CORN BROOM. TWO) your symbol? A TEA CUP
DURING ELECTIONS organise to go downtown & to key visible interesections in teams. 15 mins half sweep/half lean on broom & mock sip from cups---then switch. CLEAN SWEEP THEM!
charles43110 2 years ago
Call your state representatives and senators and demand Gov't issued money! Let's put an end to the Fed. Reserve system that only translates into debt for America!
onedancerinthedark22 2 years ago
Comment removed
onedancerinthedark22 2 years ago
fantastic synopsis of the single most important issue facing the common working man for the forseeable future in this country and for that matter in the entire world.
duncledan 2 years ago 3
...thank you for making these videos.
i choose freedom.
moofph 2 years ago 5
Excellent Video!!!!!!!!!
convertvettejff 2 years ago 4
Great Video!
iamgabrielf 2 years ago
BTW, great job overall, it's amazing information.
nextdimensions 2 years ago 4
This all makes alot of sense. Thanks Bill!
Blackjack555 2 years ago 3
It was worth watching again.
christianpatriot125 2 years ago 12
I'll take one order of freedom thank you...and a side of banking reform? Hold the gold and easy on the fractional reserve practices... and that's my order for today! Great video! ! ! !
BourneAccident 2 years ago 3