By: Mike Maharrey
|Published on: Jun 15, 2018|Categories: Federal Reserve
The federal government tries to maintain a monopoly on money, but you don’t have to use it. You can use an alternative. It’s just like the US Post Office. You don’t have to use the government option. You can ship a package with FedEx or UPS. In the same way, you can use an alternative to government money – you can use gold or silver.
Last week, the Texas Bullion Depository opened for business. The facility will not only provide a secure place for individuals, business, cities, counties, government agencies and even other countries to store gold and other precious metals, the law also creates a mechanism to facilitate the everyday use of gold and silver in transactions. In short, a person will eventually be able to deposit gold or silver – and pay other people through electronic means or checks – in sound money.
Some private companies already offer this option, including Utah-based United Precious Metals Association and a Canadian company called Goldmoney.
Goldmoney owns SchiffGold, founded by financial guru Peter Schiff. Peter recently talked about the benefits of using gold and silver in everyday transactions during a speech at the International Mining Investment Conference, in Vancouver, B.C.
As Peter pointed out, gold wasn’t always money. At first, people bartered. They traded apples for eggs, or chairs for belts. Over time, they realized they could just trade in one commodity and money began to evolve.
“There was a lot of competition over the years, but metal seemed to be the most efficient form of money and gold was the best metal to use. And gold functioned as money for thousands of years.”
Eventually, governments got involved by issuing paper money. Initially, currency was basically an IOU for gold. You could take your paper money to a bank and exchange it for physical metal.
“Nobody was dumb enough just to accept a piece of paper with a number on it and think it had any value. The reason people would accept a piece of paper was because it was backed by gold.”
But today, fiat money is backed by nothing. Peter said fiat doesn’t really work as money because it is not a reliable long-term store of value. A dollar works as a short-term store of value. It will probably still have value next week. It may even still have value in 10 years. But in 100 years? Who knows.
“One of the reasons that gold works so well as money is because it’s a reliable store of value. If I have an ounce of gold today, 10 years from now, 50 years from now, 100 years from now, it’s an ounce of gold. People can relate prices. You can have loans. You can contract. You can do all sorts of things with gold because it’s a reliable store of value.”
With companies like Goldmoney, you can open an account that is funded in gold. When you buy the metal, it is stored in a vault. But thanks to the evolution of electronic payment systems, your gold is liquid. You have 24/7 access to your gold. That means you can use it as a medium of exchange. With the swipe of a card, you can transfer a portion of your gold to another individual.
“It costs me nothing to transfer a dollar quantity of gold from my Goldmoney account to somebody’s Goldmoney account in Austrailia. So, it makes it very easy for me to move purchasing power to transact for goods and services and effect payment in real money. And more importantly, as a payee, if I want to be paid – if I want to perform a service for somebody in Austrailia and I want to be paid in gold rather than Aussie dollars or Canadian dollars or U.S. dollars – there is a mechanism that allows that payment to be made in gold. So, I can transact. I don’t need government money when I have a more efficient method of transacting and I have a long-term store of value.”
You don’t even have to find somebody who wants to be paid in gold to use Goldmoney. The company has developed an app that works right on your phone, allowing you to transfer a portion of your gold instantly into local currency on a debit card so you can make payment wherever Mastercard is accepted.
Peter said he hopes eventually more and more people will use gold for everyday transactions, undercutting government’s monopoly on money.
“What my hope is ultimately for the future of Goldmoney is that as more and more people discover that gold is better money than the dollar or the euro or the yen – not only is it a better and more reliable store of value, but it is actually easier and cheaper to transact in it, to use it as a medium of exchange, to write contracts in gold, to borrow money in gold, to have bonds that pay in gold, to have insurance policies that pay off in gold, people can start utilizing gold, and merchants and eventually people can start pricing their products in gold … you know, in a global economy, why even use all these currencies? Everybody knows what gold is. Instead of having to worry about what currecny you’re going to price a product in, just price it in real money.”
Payment systems like Goldmoney, United Precious Metals Association and the one soon to be developed by the Texas Bullion Depository have the potential to break the Fed’s monopoly on money. Gold payment systems create an alternative to government money and provide a practical way you can engage in an individual act of nullification. If enough people start using gold and silver as money instead of Federal Reserve notes, the Fed could become effectively irrelevant.
https://tenthamendmentcenter.com/2018/06/15/gold-payment-systems-provide-an-alternative-to-government-money/

If some Congress members get their way, the Federal Reserve may soon be able to track many of your purchases in real time and share that information with government agencies. This is just one of the problems with the proposed “digital dollar” or “fedcoin.”

Fedcoin was initially included in the first coronavirus spending bill. While the proposal was dropped from the final version of the bill, there is still great interest in fedcoin on Capitol Hill. Some progressives have embraced fedcoin as a way to provide Americans with a “universal basic income.”
Both the Senate Banking Committee and the House Financial Services Committee held hearings on fedcoin in June. This is the first step toward making fedcoin a reality.
Fedcoin would not be an actual coin. Instead, it would be a special account created and maintained for each American by the Federal Reserve. Each month, Fed employees could tap a few keys on a computer and — bingo — each American would have dollars added to his Federal Reserve account. This is the 21st century equivalent of throwing money from helicopters.
Fedcoin could effect private cryptocurrencies. Also, it would limit the ability of private citizens to protect themselves from the Federal Reserve-caused decline in the dollar’s value.
Fedcoin would not magically increase the number of available goods and services. What it would do is drive up prices. The damage this would do to middle- and lower-income Americans would dwarf any benefit they receive from their monthly “gift” from the Fed. The rise in prices could lead to Congress regularly increasing fedcoin payments to Americans. These increases would cause prices to keep rising even more until we face hyperinflation and a dollar crisis. Of course, we are already on the path to an economic crisis thanks to the Fed. Fedcoin will hasten and worsen the crisis.
Fedcoin poses a great threat to privacy. The Federal Reserve could know when fedcoin is used, who is using it, and what they use it for. This information could be shared with government agencies, such as the FBI or IRS. CONTINUE

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Flagged Items: Video: Particular attention should be paid to item (17.)  "People are Assets".
Unacceptable! I Do Not Consent!

Flagged Item: A Nameless Faceless Benevelant Off World Other Dimensional AI Entity controls the entire monetary system, based on undefined protocols of allocation, assessment  or determination value with zero human input or over site.
Unacceptable! I Do Not Consent!

Flagged Item:  All Assets i.e. Gold / Precious Metals, All Certificates of Value and such are held off world without access.  Devaluing / Reevaluating of Gold and Assets as determined by said AI Entity?
As I see it, this is nothing less than a thinly veiled attempt at Global / Planetary Theft.
Unacceptable! I Do Not Consent!

Flagged Item:
The article reads: The Alliance had to intervene with off-world, or more correctly other dimensional technologies to deliver us earthlings this super technologically advanced monetary system. It is rooted in the Quantum Computer intelligence that comes without any third-dimension creation. No 3D creation comes with an all-telling ‘recognition system’ that mimics the creation of a living entity. It is simply Artificial Intelligence (AI), that comes with something that is able to replace conscious human beings. The QFS is considered to be alive with a Quantum Benevolent Intelligence that interacts with each financial transaction anywhere in the world of finance, to ensure that it is; legal, owner-intended, and transparent. If one understands Quantum Physics, then one can understand what effect this Quantum Intelligence is having with each financial transaction that goes through the Quantum Financial System. It cannot be compromised.
As I assess  this presentation it clearly and loudly smacks of a desired complete take over, or perhaps, more exactingly, a complete Sell Out of Humanity and Our Planet as a whole to Off World Other Dimensional AI Entities from unknown origin and unknown intent without our knowledge or consent, without our full awareness / understanding of whom / what we are dealing with or who / what has made such arrangements supposedly on our behalf.

Noting that whomever / whatever took it upon themselves to make such an arrangement is without authority to do so. 

Therefore as a God Sovereign Being by God's Laws and Natural Laws, this entire arrangement has been fraudulently created which constitutes complete nullification of said arrangement and has no bearing without Our: [ Each Man's / Woman's ] knowledgeable consent, which is not given to date.  Unacceptable! I Do Not Consent!      

The Old Modus Operandi of No Free Will Needed, No Disclosure, No Consent,
No Knowledge / Awareness, No Terms of Engagement, No Conditions,
No Treaties, Just Do It and They Will Go Along With It Like a Heard of Sheep... Is Simply Not Going to Fly on The New Earth. Those day are done and gone!

We now take full responsibility for our own affairs without encumbrance or interference.
For those that are still unclear on how to proceed in such a manner, I strongly suggest contacting The American States Assembly, start educating yourself and taking full responsibility for our own affairs and planet! You will learn how to self govern as it was always intended to be. Everything we need to forward and thrive is available and has  been hidden in plain sight the whole time.  It is hidden no more!

For those that wish to live under the all encompassing authority of A Nameless Faceless Benevelant Off World Other Dimensional AI Entity please do take the next transport off world offered to you....it's your choice.

As for Our Choices, Our Planet, All Inhabitants, Every Living Creature  and Every Molecule of Resources: Air - Earth- Water-Wind and Fire - Above and Below shall remain solely in Our Sovereign God Given Rights of Possession and Ever Watchful Guardianship and Care Taking. 

Should this or any Off World AI Entities wish to establish contact with the TRUE OWNERS of Planet Earth, they may do so by contacting The American States Assembly and requesting a meeting with Anna von Reitz.

New Human New Earth Community

 







 

If some Congress members get their way, the Federal Reserve may soon be able to track many of your purchases in real time and share that information with government agencies. This is just one of the problems with the proposed “digital dollar” or “fedcoin.”
Fedcoin was initially included in the first coronavirus spending bill. While the proposal was dropped from the final version of the bill, there is still great interest in fedcoin on Capitol Hill. Some progressives have embraced fedcoin as a way to provide Americans with a “universal basic income.”
Both the Senate Banking Committee and the House Financial Services Committee held hearings on fedcoin in June. This is the first step toward making fedcoin a reality.
Fedcoin would not be an actual coin. Instead, it would be a special account created and maintained for each American by the Federal Reserve. Each month, Fed employees could tap a few keys on a computer and — bingo — each American would have dollars added to his Federal Reserve account. This is the 21st century equivalent of throwing money from helicopters.
Fedcoin could effect private cryptocurrencies. Also, it would limit the ability of private citizens to protect themselves from the Federal Reserve-caused decline in the dollar’s value.
Fedcoin would not magically increase the number of available goods and services. What it would do is drive up prices. The damage this would do to middle- and lower-income Americans would dwarf any benefit they receive from their monthly “gift” from the Fed. The rise in prices could lead to Congress regularly increasing fedcoin payments to Americans. These increases would cause prices to keep rising even more until we face hyperinflation and a dollar crisis. Of course, we are already on the path to an economic crisis thanks to the Fed. Fedcoin will hasten and worsen the crisis.
Fedcoin poses a great threat to privacy. The Federal Reserve could know when fedcoin is used, who is using it, and what they use it for. This information could be shared with government agencies, such as the FBI or IRS.
The government could use the ability to know how Americans are spending fedcoin to limit our ability to purchase goods and services disfavored by politicians and bureaucrats. Anyone who doubts this should recall the Obama administration’s Operation Choke Point. Operation Choke Point involved financial regulators “alerting” banks that dealing with certain businesses, such as gun stores, would put the banks at “reputational risk” and could subject them to greater regulation.
Is it so hard to believe that the ability to track purchases would be used in the future to “discourage” individuals from buying guns, fatty foods, or tobacco, or from being customers of corporations whose CEOs are not considered “woke” by the thought police? Fedcoin could also be used to “encourage” individuals to patronize “green” business, thus fulfilling Fed Chair Jerome Powell’s goal of involving the Fed in the fight against climate change.
Fedcoin could threaten private cryptocurrencies, increase inflation, and give government new powers over our financial transactions. Fedcoin will also speed up destruction of the fiat money system. Whatever gain fedcoin may bring to average Americans will come at terrible cost to liberty and prosperity.
Ron Paul Institute