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Introduction to articles on ... Money and PowerWho determines what your money is worth? There was a time when the American government did not have control over the nation's money supply. Should this be of concern to you? If you want that $20 bill in your pocket to be worth $20 in a few years, you should pay close attention. At the heart of this issue - and something every citizen needs to understand - is that government-controlled paper money does not fit into the natural order of economics. Through the phenomenon of gradualism, the government was able to replace intrinsically valuable commodities such as gold and silver with paper promises that were supposedly backed by those commodities. It was this sleight of hand that opened to the door to the price inflation to which we have become all too accustomed. It took the government more than seventy years to nationalize all of the country's banks, and another fifty to start replacing the gold standard with fiat paper currency. Once the public began trusting the government to stand guard over the hard commodities backing that paper currency, it took barely ten years to abolish the gold standard and thus make every financial transaction dependent on the government's word that it would protect the value of its money. How could a nation conceived in liberty allow itself to become completely dependent on the word of the government that it would protect the value of its money? More important, what can we do to reverse this situation and get back to a sensible system where paper money is 100 percent backed by precious metals? Find the answers to these questions, and more, in this compelling series of articles.
ArticlesIn this gripping article, discover the real role that money and power play in our government. Then, ask yourself, "What is at the heart of power in America?" How has the exchange of goods and services evolved over the years? Is a dollar still a dollar? There are some undeniable truths that this article points out and we should all take heed. Understanding the money supply requires a step back in history. Find out how the evolution of currency in the United States came about. The American Government's money-supply monopoly is supposed to assure us that our money is safe, and yet, by its very hold on the nation's reserves, it should strike a distrust that makes our collective eyebrows rise precipitously. If you ever wanted proof that the power of gradualism works, this article is for you. Read about the greatest "heist" in American History. There is only one thing that causes inflation, and the citizens of this country cannot do a thing about it. Americans live comfortably under an assumption of prosperity, but perhaps they would not feel so secure if they knew the true foundations upon which wealth is created. Raising prices to compensate for risks in the marketplace is a common practice, and the American Government is one of the biggest reasons such risks exist. What affects the purchasing power of your money? If you think a dollar bill is actually worth a dollar, you're in for a big surprise. With the market forces currently in effect, our nation is on the verge of an economic disruption the likes of which we have not experienced in decades if ever. Most Americans do not want to hear the truth about what is really best for the economy. It's not a popular subject, because, first and foremost, people have been programmed to ask, "What's in it for me?" There is a big difference between a want and a need and an even bigger difference between a need and a right. It would take an incredibly honest, knowledgeable, courageous president to lead this nation down the path it must take in order to both thrive and survive. Some Americans respond excitedly to the call for "change" - while the person calling for it cannot even define what he means by that term. Sadly, what the U.S. truly needs isn't even a part of his agenda. We live in a country mired in debt and in deep need of a full-scale government overhaul. No politician is likely to undertake such a career-killing cause, so where does that leave us? There are no quick and easy solutions to the economic trials we currently face as a nation. Victory can be achieved only by returning to the foundations upon which our country was created. Does anyone truly believe the country's economic woes can be solved by printing paper money? Go to top of "Money and Power" |