Federal Reserve Challenge
Uploader Comments (lorax2013)
Top Comments
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Two US presidents have tried to create interest-free government money, Abe Lincoln and JFK.
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A private community could just use monopoly money. You attach a dollar value to say, a single live chicken, and the "free-market" will determine the dollar value of everything else off of that. A 3rd-grader could understand why the Fed ruins countries.
All Comments (102)
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L.E.T.S. (local exchange trading system) is on viable alternative. And of course there's the gold standard, which Peter Schiff points out could be a much more divisible, pliable, practical system today due to electronic banking than it ever was. The big question of course is how dow we get this big FED monkey off our backs??
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No doubt, the banks siphon off money from the productive sector.
The fed does provide a few useful services such as 1) they protect the dollar from counterfeit due to the watermark and 2) the dollar is accepted almost everywhere.
2) is especially useful. If leagal tender laws are repealed and companies start printing their own money, how does a merchant decide which currencies to accept and at what exchange rates? Does this complicate buying goods from the consumer's perspective?
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Great quote from Ezekiel...And the good news is that God's return, and rule, will NOT be doubted by any living person.
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Ezekiel 18:13
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All we need for it to collapse is to hold them accountable. Since they have infinite resources tucked away in safe houses and panic rooms, we will need the use of the American military and law enforcement. They must be held accountable to the LAW for their monetary crimes. If we rely on murdering them then we are lawless savages. If, however, we rely on the law then we prove that the law is just and that no one is exempt. Then we refund the money justly to those it was stolen from
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I believe that God is "overpopulating" the earth so that we will learn to throw away the concept of money and learn to live with one another, rather than waiting till we die to live at peace. Imagine a world in which robots and machines don't do the jobs of THOUSANDS of willing and capable HUMAN workers! We will all have roles and organic foods, we will truly learn to love our neighbors as ourselves. Your identity can't be stolen, etc etc. Technology =/= Prosperity.
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if everyone stopped paying at once... that would be hard to convince people too do.. especially the people who have advantage in the system
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thank you, a famous and brilliant scientist once decided to study money, and after 2 years of in depth fact finding he determined it was nothing but a confidence trick...lets dump this con game run by con men
how many time will u repeat urself?
trufiend138 2 years ago
@trufiend138 I'll repeat myself until people get it - which means A LOT of repeating : ) Seriously though, it takes a little repetition to overcome the lifetime of conditioning most people have received.
lorax2013 1 year ago 4