McKinley Brought Back the Gold Standard- and was Assassinated
To understand the Gold Standard you have to understand money. To understand money you have to understand other things. Permit me to explain:
1. Money is a symbol for something that has a universal value. Most societies have only permitted gold and silver as money. Even our Constitution forbids the States to recognize anything else as legal tender:
Section. 10. No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility.
If you are looking for a legal way to challenge the Federal Reserve, this is it. It appears that you could file a motion in your home state under this section of the U.S. Constitution to force your state to stick to gold and silver as legal tender. The U.S. Constitution is the highest law of the land. Nothing trumps it. However, there are ways around this provision. One is the so-called "Gold Standard". In other words, we can use pieces of paper that actually represent gold or silver.
Some of you might even recall "gold and silver" certificates that floated around in past century. These were redeemable in actual gold and silver at your nearest Federal Reserve Bank. So, if you had a $1 certificate, you could redeem it for $1 worth of silver or gold. This is one of the reasons why Kennedy was assassinated, by the way.
MYTH 1: The Gold Standard is the Answer to our Economic Woes.
The fact of the matter is that there is only a limited amount of gold out there. In fact, you could put all the available gold produced in one year in your living room (about 50 million troy ounces.) That would have a market value of about 80 billion dollars. If we estimate all of the gold available to us today from previous mining operations, we are looking at a cube about 1/3 the size of the Washington Monument.
In other words, we would have about 10 billion ounces of gold. We would have about 10 trillion dollars worth of gold if we put the entire amount into circulation. With a global economy of about 60 trillion dollars, we would be about 50 Trillion short. Or, we could contract the global economy by 50 trillion dollars and be right there.
But, here is the problem:
1. People hold onto things of value. That means they pull it out of circulation. Gold is used for much more than just currency, so it would be fair to estimate that half of the 10 trillion would be pulled from circulation in the first year and reallocated for other uses.
2. It would eliminate all third party transactions. Using gold itself as a physical means of exchange would make it impossible for you to buy anything that was further than you could drive.
Which brings us back to the "Gold Standard".
If every dollar were backed by the equivalent amount of gold than you have eliminated the problem of third party transactions, but you still have the problem of scarcity. There were about 829 billion US dollars in circulation as of December 2007 according to the US Treasury. That means we would need 20% of the available gold to back our currency. Europe would need another 20%. That means the rest of the world would have to fight over the remaining 60%. So, the question remains, what currency would they use to conduct business with the rest of the world and how would it be backed?
Now, if we throw silver in the mix, we have something we can work with.
MYTH 2: The Gold Standard Will Stop the Banksters from Stealing Our Money.
I wish it were true. But, it is not:
1. The Knights Templar were the first bankers of Europe. They would take in deposits of gold and silver and issue "wooden chits" that could be redeemed at any Templar facility in Europe or elsewhere. This was the "gold standard" in action. But, Banksters will be banksters and they figured out that very few people actually redeemed the "chits". Instead they stayed in circulation.
2. Pretty soon, they started lending money to kings and Popes alike. They handed out wooden "chits" and demanded to be paid back in gold and silver. Thus, they leveraged the "gold standard" by issuing "notes" that actually had nothing behind them. All because they knew that 98% of the wooden chits would remain in circulation and very few would ever be redeemed for the gold and silver they kept on deposit.
3. Inflation is always the result of what we call "fractional lending". The Banksters end up with the gold and silver, and we end up with a worthless currency that continues to decline in value.
The Real Problem is the Federal Reserve System Folks!
1. The Federal Reserve System is a private corporation controlled by Illuminati Jews and the literal descendants of the Knights Templar. Most of the families that own the Fed are not even American Citizens.
2. The Fed uses the Treasury to print its privately owned currency and then charges us interest just to keep that currency in circulation.
3. The IRS and Federal Income Tax were created for the sole purpose of paying off the Interest owed to these Private Bankers for Using their currency.
Imagine what life would be like without an income tax. The divorce rate would plummet. One spouse could support a family. America would truly be the "Land of the Free".
John F Kennedy was Murdered for trying to shut down the Illuminati Banksters:
1. He actually created a publicly owned currency that was backed by gold and silver. Some of you might recall the gold and silver certificates of the early 60s.
2. The currency was owned by "We the People" and it was interest free!
3. If he would have lived, and his program would have succeeded none of this current mess would have happened.
But, they killed him. If you remember nothing else, remember this: Anyone that calls for a gold standard without also calling for the abolishment of the Fed and a "Silver Standard" is throwing you a "red herring" and either stupid, or employed as a mouthpiece by the Illuminati Banksters. You need gold, silver and an interest free currency if America is to be truly free.