Re: MONETARY: Discussion of Monetary Reform

[Jock Coats <jock.coats@oxfordshirecommunitylandtrusts.org.uk>]

I kind of agree Pablo, but why do you need another mechanism/species  
(gold).

It has the same practical problems now as it did 300 years ago when  
the shysters in the London and Amsterdam coffee shops were trading it  
for bits of paper.

I agree the prospect of changing a government's way of doing things  
is a tall order, though I would, as you say, be overjoyed if we were  
to succeed.  But what about local responses - hijack the usurers'  
very own methods simply to create credit in the form of local  
currency with the backing of the common wealth.

Yes, there are then still issues of a common "carrier" currency, and  
perhaps gold, or species backed money of some kind can be that common  
currency (though the very inflexibility of supply poses issues on a  
global scale in my opinion).

Jock

On 2 Mar 2006, at 13:36, pablo444@gmx.net wrote:

> 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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--
Jock Coats - Chair, Oxfordshire Community Land Trusts
c/o Warden's Flat 1e, J Block Morrell Hall, OXFORD, OX3 0FF
w: +44 (0)1865 483353 h: +44 (0)1865 485019
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www: http://www.oclt.org.uk/ - http://jockcoats.blogspot.com/




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