Re: MONETARY: Discussion of Monetary Reform

[pablo444@gmx.net]

Hello Dan and Mr Frazee -

Certainly, having met with both Rodney and Peter on several 
occassions at the London Round Table meetings, I can vouch for their 
total familiarity with the corrosive nature of the incumbent money 
system.

The question of course is what action should be taken?

There is a camp that seeks to influence Govt (and related 
institutions) to take control of the money supply so that all money 
be issued debt free and without interest. One could call it 
Lincolnism or perhaps Greenbackism. I am not of that camp (though I 
would be overjoyed were they to succeed) based on the reasoning that 
I am not aware of any incumbent power group happily giving up the 
reigns of their power to another group, merely because that other 
group had a "better" way of doing things.

The predominant money system is a societal control mechanism for 
ensuring that those at the top (as they themselves view things) 
remain at the top. And Govts enjoy considerable power in the current 
arrangement and have little incentive, as yet, to give it up. They 
love to spend money on their latest pet socialist projects (a never 
ending stream of those) and this privately issued, publicly disguised 
money system suits that purpose very well.

A way I tend to favour is to work towards out-competing the current 
money system. And in this fun, capitalist complying model, I see gold 
as a favoured ammunition.

To put things into contentious and politically incorrect language, 
the aim simply, is to launder Federal Reserve Notes, Euros, GB Pounds 
etc into gold and then conduct an ever increasing % of your daily 
transactions in gold. Laundering is the correct term when one 
considers the true nature and qualities of a Federal Reserve Note, 
primary amongst which are:

1. It loses value relentlessly and can do nothing else under the 
"Let's print a Billion" ethos of the Fed.

2. It is issued as a debt, repayable by the Govt.

3. It is interest bearing in such a design that its repayment is 
technically impossible, so giving the lie to point 2.

4. It's acceptance in payment of taxes gives it its coercive, force 
backed quality which degrades free exchange.

5. It has produced a group of users who, because of its system 
design, are literally addicted to it and require an ever increasing 
amount to feed their addiction.

6. By subtly setting all men against one another, it gradually and 
inevitably destroys civilised behaviour and with it civilisation.

Federal Reserve Notes and drugs produce similar effects and for that 
reason, "Laundering" them is in fact a moral, social and spiritual 
imperative. Govts are already "addicts" and therefore it is 
unrealistic to expect them to cure themselves or to treat kindly 
anyone who may be manouvering to cut off their supply.

So, launder FRN's into gold and then use gold (or any other precious 
metal) to effect transactions.

Why gold?

The primary reason is that no one, that is NO ONE, can make more of 
it at the drop of a hat. Not even the people who may head up and run 
the multiplicity of private gold currency systems such as e-gold, 
pecunix, goldmoney, e-bullion etc etc.

I am not gold bug. And in his book "The Lost Science of Money", 
Stephen Zarelenga clearly shows the mistaken thinking around gold as 
money. But his alternative, to trust Govt, is naieve. Gold is the 
least worst option, of that there is no doubt.

Here's to an Honest Money System (no matter what form it may 
ultimately take).

Regards

Pablo









On 2 Mar 2006 at 4:50, Dan Parker wrote:

> Dear Mr. Frazee,
> 
> Having communicated with Rodney Shakespeare, and having
> read the book he co-wrote with Peter Challen (who heads
> the Christian Council for Monetary Justice), I can say that he,
> along with many of us, are aware of the monetary dynamics
> you so poetically describe.
> 
> The bigger question is how best to advance monetary
> reform. We are engaged in a variety of efforts. I self-
> publish a magazine, do the website for the Alberta
> Social Credit Party and also one for Global Justice.
> As well we have had city councils pass resolutions calling
> for the creation of interest-free money etc.
> 
> I think it is important to try to bring a lot of these ideas
> together to create synergy, which is needed due to the
> resources of the opposition. We have put enough resources
> together to effectively educate.
> 
> http://www.whitecourtweb.com/whitecourt_advisor.htm
> 
> http://www.globaljusticemovement.org/
> 
> http://www.socialcredit.com/
> 
> Regards
> Dan Parker
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