reply to post by tgidkp
for someone who seems to know a bit about the true nature of money, i am pretty disappointed with your statements regarding how the rich spend
can you acknowledge that money (the monetary system) is a shared resource, particularly considering its fiat nature?
Money is simply property, and property is an extension of oneself. The problem with Federal Reserve Notes, is the fact that they are the property of
the Federal Reserve. Our "taxes" are really just a rent that we are charged for using their
property; and the IRS are the stormtroopers the
Fed uses to make sure everyone pitches in "their fair share."
Our economy is a special case, and many of the absurdities that rational people can see simply would not exist if it were not for fractional reserve
banking, and the fact that our "free market" is manipulated by men like Ben Bernanke.
That aside, if we didn't have this special case to consider, under a more sane economic system (like the one the Union had prior to the inception of
the Federal Reserve), the money that you earn is your private property, just like anything else.
I understand what you are implying by money being a shared resource, but the act of circulating currency through the money supply does not mean we
have some right over another person's property.
We don't go around divvying up people's other personal effects for the sake of the "greater good." So why do we do it with the one resource that
I am not saying that a person should be allowed to abuse their workers. Many times we confuse putting up with abuse and "working hard" as being
synonymous. People should not have to put up with it.
My stance is such that, I feel we trivialize our actual
problems by pointing the finger of blame at people who are merely a symptom
the actual sickness.
No one owns money.
In our system, Federal Reserve Notes are
the property of the Federal Reserve Bank. Under a saner monetary system, the money earned by the
their property. It has to be.
The only way to become a schnatter (not just rich, but wealthy) is to make an abuse of OUR MONEY.
I don't see why you have to abuse something, or anything, to become wealthy? Surely not all Schnatters had to abuse the money supply, or anything
else, to become wealthy?
I have no problem stating unequivocally that, yes, I am ENTITLED to a healthy monetary policy and I have no problem whatsoever in correcting
abuses of the system as necessary.
All members of the Union are entitled to a sound monetary system. But I am not entitled to your
When you allow someone to pay for your bill, whether it is food, healthcare, or anything--you are giving them power over you. When you receive a
benefit you are robbing yourself of your own independence.
That, to me, is something that should be avoided at all costs.