Comparison between real money which can be redeemed by hard currency and debt notes of the Federal Reserve, which are not and can be printed at will. A look into History.
Quote:
Tzar's Russia before the Revolution of 1917. In Russia at the end of the 18th Century, the objective was to establish one standard
Quote:
currency
- gold ruble. We are talking real currency -not of fiat money, Ws.... The reform had several stages. Let's look at the key factors. Gold coins were in circulation, but legally all contracts had to be written using silver ruble as the measure of value. Both silver and gold are TRUE HARD CURRENCY. Any arguments on that? The first step of the reforms came in 1895 when it was allowed to write contracts based on gold. That prevented inflation, as hard currency is stable and in a certain non-speculative quantity, meaning it can't be speculated and artificially "played" as on stock market of our times. THE ACTUAL HISTORIC DATA: The value of 5 ruble gold coin (imperial) was fixed at 7.50 rubles, and the value of 10 ruble gold coin (poluimperial) was set at 15 rubles. ["polu"- means half] As of May 25, 1895 State Bank was allowed
Quote:
to freely exchange paper rubles into gold, and vice versa,
at 7.50 paper rubles per poluimperial and 15 paper rubles per imperial, the rate fixed by the Finance Ministry. Please re-read the above slowly and compare with the FRN which are debt notes only and the FR honestly admits that on its paper. IT IS A NOTE and YOU and I CAN WRITE A NOTE TOO, NOTES ARE NOT REAL MONEY!
It is paper presented as lawful money while it is not! How can one write merely a NOTE and expect PEOPLE to give real labor in exchange for it? Simply! It is accomplished by the old fashion method - MONOPOLY.
Quote:
Whoever manages to install MONOPOLY controls the MARKET, as there is no competition or opposition!
THE FR is a CENTRAL BANK operating in monopoly and no
Quote:
one else has the POWER or OPPORTUNITY to print money and use it in circulation in the US. IN the past there has been lawful money in the US which could be redeemed for gold. The FR took the gold and gave its paper called NOTES in return. That was arguably the biggest scam of the century! What a business and best stock in the world. Only you cannot invest into that stock - it is only exclusively available to its members. You have to be a member of that clan to purchase that stock. That has been implemented from the inception of the plot by the FR so that
Quote:
non-members could not buy the majority of stock and alter the structure of the MEGA-TRUST by the majority of vote by owning FR's stock. Those are not my theories or opinions but Historic facts.
Quote:
Can you, Ws... or anyone show us where one can exchange FRN for silver or gold? Or can you purchase stock of the Federal Reserve? Just try out of curiosity before you accuse me of copy-paste, inability to think, rationally by historic facts and logic, ...whatever. I would, still, address you fairly and by the original subjects began.
I ask for precise answers - not typical runabout. Is that much to ask? And, yes, Ws..., keep looking for the source of this Post -
your, power argument vs. me - the alleged copy-paste. Just for you and your eyes only - in reply to your favorite stated above argument vs. me while, I analyzed the subject in live - mode, as educational knowledge presented by me is, already, internal to me. You can wake me up in the middle of the night and I can, still, explain what analyze the core without looking anywhere, only needing the actual figures and minor details.
I do not try to explain or share that which do not believe or understand myself when state my position. I believe that was the ORDER:
Quote:
The Gold Confiscation Of April 5, 1933 From: President of the United States Franklin Delano Roosevelt To: The United States Congress Dated: 5 April, 1933 Presidential Executive Order 6102 Forbidding the Hoarding of Gold Coin, Gold Bullion and Gold Certificates By virtue of the authority vested in me by Section 5(b) of the Act of October 6, 1917, as amended by Section 2 of the Act of March 9, 1933, entitled An Act to provide relief in the existing national emergency in banking, and for other purposes~', in which amendatory Act Congress declared that a serious emergency exists, I, Franklin D. Roosevelt, President of the United States of America, do declare that said national emergency still continues to exist and pursuant to said section to do hereby prohibit the hoarding gold coin, gold bullion, and gold certificates within the continental United States by individuals, partnerships, associations and corporations and hereby prescribe the following regulations for carrying out the purposes of the order: Section 1. For the purpose of this regulation, the term 'hoarding" means the withdrawal and withholding of gold coin, gold bullion, and gold certificates from the recognized and customary channels of trade. The term "person" means any individual, partnership, association or corporation. Section 2. All persons are hereby required to deliver on or before May 1, 1933, to a
Quote:
Federal Reserve
bank or a branch or agency thereof or to any member bank of the Federal Reserve System all gold coin, gold bullion, and gold certificates now owned by them or coming into their ownership on or before April 28, 1933, except the following: (a) Such amount of gold as may be required for legitimate and customary use in industry, profession or art within a reasonable time, including gold prior to refining and stocks of gold in reasonable amounts for the usual trade requirements of owners mining and refining such gold. (b) Gold coin and gold certificates in an amount not exceeding in the aggregate $100.00 belonging to any one person; and gold coins having recognized special value to collectors of rare and unusual coins. (c) Gold coin and bullion earmarked or held in trust for a recognized foreign government or foreign central bank or the Bank for International Settlements. (d) Gold coin and bullion licensed for the other proper transactions (not involving hoarding) including gold coin and gold bullion imported for the re-export or held pending action on applications for export license. Section 3. Until otherwise ordered any person becoming the owner of any gold coin, gold bullion, and gold certificates after April 28, 1933, shall within three days after receipt thereof, deliver the same in the manner prescribed in Section 2; unless such gold coin, gold bullion, and gold certificates are held for any of the purposes specified in paragraphs (a),(b) or (c) of Section 2; or unless such gold coin, gold bullion is held for purposes specified in paragraph (d) of Section 2 and the person holding it is, with respect to such gold coin or bullion, a licensee or applicant for license pending action thereon. Section 4. Upon receipt of gold coin, gold bullion, or gold certificates delivered to it in accordance with Section 2 or 3, the Federal reserve bank or member bank will pay thereof an equivalent amount of any other form of coin or currency coined or issued under the laws of the Unites States.
Quote:
SL: What a deal! Steal real gold give debt notes in return - the paper of who or what? The FEDERAL RESERVE PRIVATE AND SOVEREIGN ENTITY-BANK. Unbelievable! Section 5. Member banks shall deliver alt gold coin, gold bullion, and gold certificates owned or received by them (other than as exempted under the provisions of Section 2) to the Federal reserve banks of their respective districts and receive credit or payment thereof. Section 6. The Secretary of the Treasury, out of the sum made available to the President by Section 501 of the Act of March 9, 1933, will in all proper cases pay the reasonable costs of
transportation of gold coin, gold bullion, and gold certificates delivered to a member bank or Federal reserve bank in accordance with Sections 2, 3, or 5 hereof, including the cost of insurance, protection, and such other incidental costs as may be necessary, upon production of satisfactory evidence of such costs. Voucher forms for this purpose may be procured from Federal reserve banks. Section 7. In cases where the delivery of gold coin, gold bullion, or gold certificates by the owners thereof within the time set forth above will involve extraordinary hardship or difficulty, the Secretary of the Treasury may, in his discretion, extend the time within which such delivery must be made. Applications for such extensions must be made in writing under oath; addressed to the Secretary of the Treasury and filed with a Federal reserve bank. Each applications must state the date to which the extension is desired, the amount and location of the gold coin, gold bullion, and gold certificates in respect of which such application is made and the facts showing extension to be necessary to avoid extraordinary hardship or difficulty. Section 8. The Secretary of the Treasury is hereby authorized and empowered to issue such further regulations as he may deem necessary to carry the purposes of this order and to issue licenses there under, through such officers or agencies as he may designate, including licenses permitting the Federal reserve banks and member banks of the Federal Reserve System, in return for an equivalent amount of other coin, currency or credit, to deliver, earmark or hold in trust gold coin or bullion to or for persons showing the need for same for any of the purposes specified in paragraphs (a), (c), and (d) of Section 2 of these regulations. Section 9. Whoever willfully violates any provision of this Executive Order or these regulation or of any rule, regulation or license issued there under may be fined not more than $10,000, or, if a natural person may be imprisoned for not more than ten years or both; and any officer, director, or agent of any corporation who knowingly participates in any such violation may be punished by a like fine, imprisonment, or both. This order and these regulations may be modified or revoked at any time. /s/ Franklin D. Roosevelt President of the United States of America April 5, 1933
There was lawful money in the US and such was lawfully redeemed in gold and silver. 1785-1861 - FIXED Gold standard for 76 years. Proof:
and
That was money - not mere paper or NOTES!
1880-1914 - FIXED Gold standard 34 years.
__________________
FACTS OF HISTORY:
Quote:
The astounding success of the gold standard under the Bank of England, which stretched over two centuries (1698-1931) helped make Britain the world's first globe-encircling industrial superpower. Without the gold standard, Britain would have been subjected to inflation and lack of stable economy.
Quote:
Classical gold standard had the lowest rate of inflation of any period except the
interwar period. __________________
Confederate Currency: (1861-1864)
__________________ To all those who share views on FRN as real money or true value.
Quote:
I would show you the difference by simple and plain English on the TRUE IMAGES, clearly stating that non-fiat money is backed up by hard currency and; thus, inflation prone and mere paper -THE NOTES which are not backed up by anything except ALL DEBTS PUBLIC AND PRIVATE. Just read the PRINT - that's all. Give me about 10 min. And yes, ESQUIRE - Ws..., since you did challenge a Sovereign mind -Non-Subject to any Bar , is responding by own ability to build logical coherence based on facts, common history, economics, and copy-paste images TRUE and VERIFIABLE
in the mode Quote:
a Sovereign would meet any challenge and take on any ESQUIRE! May Life decide who is doing better research and providing facts vs. deception (willful or not is, practically irrelevant at this point.) You challenged - I respond. A checkmate in three moves is coming up. Federal Reserve Notes - empty DEBT NOTES vs. THAT WHICH WAS REDEEMABLE IN HARD CURRENCY (real money.) __________________
This is not a mere NOTE this DOLLAR is redeemable not only by debt public and private but upon demand by
real SILVER.
Quote:
You can take SILVER anywhere in the world and it would, still, be silver! That is why such MONEY is REAL and backed up not
by projected revenue of TAXES from the PEOPLE but by S-I-L-V-E-R! What FANTASY of credit and faith are you talking about, Ws... in reference to FR NOTES when true CREDIT AND FAITH is spelled out on anything non-fiat - i.e. as here - SILVER? No need to guess or hope - IT IS STATED and GUARANTEED in plain English!
Quote:
Ws...: But FRNs clearly have value - you can get BMWs with them, after all. You say that they are backed by the "PROPERTY of the PEOPLE" - you clearly don't mean that literally, since I can't come to your house (or anyone else's) with a fistful of FRNs and demand your stuff. FRN has no value besides value of monopolized fiat circulation of NOTES. You can buy goods with it because - it is the only paper available that banks operate as common exchange between banks and people. That is not value that is MONOPOLY ON CURRENCY!
Quote:
Backed by property of people was, I believe, meant by Equinox as "fruits of People's labor," taxes being such.
Quote:
The real discussion is that anything outside of Federal Reserve can be or has been hard currency in the US, while the FRN have been nothing but fiat, artificial currency, where the People pay debt as interest for using that FRN. Why should WE THE PEOPLE enrich the FR Bankers, when by our Constitution, only the Congress can coin money? [real money backed by hard currency] Something is profoundly wrong when the Congress sells its PEOPLE to the private BANK-TRUST owned by private stockholders, mostly International bankers.
Quote:
The People did not become free of Crown only to become enslaved
to the International Bankers, where the Crown is one of the stockholders! __________________
We THE PEOPLE are ignorant and dumb, right, ESQUIRE? Let us, THE PEOPLE, take you to the classics of research and deliver blow no 2 to your theories of
Quote:
a council providing false testimony on behalf of history itself. Credit, Faith and Federal Reserve Notes... No, before the FR managed to perpetrate its wicked plot on this great Land and High Seas - WE THE PEOPLE were operating the US TREASURY. Now, the FR operates the TREASURY and PEOPLE are left out in slavery once again - only of all colors - JUST LIKE the INTERNATIONAL BANKERS the private STOCKHOLDERS contemplated. PROOF:
Just read the words who issued real money then?
Quote:
TREASURY - NOT THE FEDERAL RESERVE!
And THE PEOPLE did not have to pay fraudulent interest for using that money. They just used it.
Yep, copy-paste of REAL MONEY!
This money is debt free. Don't take my word - I, like most non-lawyers have no mind, as only copy-paste according to you, right? So, then, read the words yourself. TRUE HARD CURRENCY - it is ON DEMAND!
Just try the same with FRN in any FR bank and please let us know how much silver you got in return from the bank redeemed! Here are your NOTES in FAITH AND CREDIT by WORDS OF ESQUIRES:
__________________
Here is real, American money not fraud by TRUST of the TOP INTERNATIONAL BANKERS. Sherman Act prohibits TRUSTS. OUR, real money. That is before the FR usurped monopoly on the currency of the US.
THIS IS LAWFUL MONEY WHEN REDEEMABLE! And that:
The United States of America was issuing (coining) money just like the Constitution states and no Federal Reserve Central Bank could touch it. The FR did not, even, exist then. US Constitution: Article I: LII: Constitution
Quote:
Section 8. The Congress shall have power to lay and collect taxes, duties, imposts and excises, to pay the debts and provide for the common defense and general welfare of the United States; but all duties, imposts and excises shall be uniform throughout the United States; To borrow money on the credit of the United States; To regulate commerce with foreign nations, and among the several states, and with the Indian tribes; To establish a uniform rule of naturalization, and uniform laws on the subject of
bankruptcies throughout the United States;
Quote:
To coin money, regulate the value thereof, and of foreign coin, and fix the standard of weights and measures; To provide for the punishment of counterfeiting the securities and current coin of the United States; .................. __________________
Quote:
The Sherman Act provides: "Every contract, combination in the form of trust or otherwise, or conspiracy, in restraint of trade or commerce among the several States, or with foreign nations, is declared to be illegal".[2] The Act also provides: "Every person who shall monopolize, or attempt to monopolize, or combine or conspire with any other person or persons, to monopolize any part of the trade or commerce among the several States, or with foreign nations, shall be deemed guilty of a felony [. . . ]"[3] The Act put responsibility upon government attorneys and district courts to pursue and investigate trusts, companies and organizations suspected of violating the Act. The Clayton Act (1914) extended the right to sue under the antitrust laws to "any person who shall be injured in his business or property by reason of anything forbidden in the antitrust laws."[4]. Under the Clayton Act, private parties may bring suit in U.S. district court and should they prevail, they may be awarded treble damages and the cost of suit, including reasonable attorney's fees.[5] The Sherman Act was signed by President Benjamin Harrison in 1890 and was named after its author, Senator John Sherman, an Ohio Republican, chairman of the Senate Finance Committee, the Secretary of Treasury under President Rutherford Hayes, and Secretary of State under President William McKinley. After passing in the Senate on April 8, 1890 by a vote of 51-1, the legislation passed unanimously (242-0) in the House of Representatives on June 20, 1890. .................
Our, real, American money - not foreign FR that claims in fraud to be Federal.
Quote:
These folks - private investors who hire public figures as the Chairman of the Board are as Federal as hemorrhoids are welcomed!
They have Reserves as sumo wrestler is full of slim lines.
Note that word "DUES" not "DEBT" is used. The above was real money. __________________
I would share with you all that the early colonists were not dumb people. They used money and such commodity was hard currency. Barter was the main medium of exchange of those times in America, though. It would not even enter their mind to create fraudulent paper not backed up by anything but empty promise, including such of taxes. Let's look at the images of the colonial monies on paper. Coins do not contain enough printing material; thus, I have limited images to "paper." It took me while but I found them.
Quote:
__________________
__________________ As a rule of thumb, anything under a Threepence would be made of copper.
Those coins above that denomination would be of silver. Guineas went out of circulation in 1815, and were replaced by the Sovereign Coin.
Also in use were Dutch Guilders these were minted in both gold and silver. Spanish Dollars, Cobbs, and Reals were also used. A Spanish piece of eight equals 8 reals. The Spanish Dollar was minted in silver and was actually cut into either 2 - 4 - 6 or 8 pieces to make change. "Real" in Spanish translates to "Royal". All these plus French "Euc’s" were in use... It was not easy to give exact change in Sterling for a Spanish half dollar offered in payment for any goods. If you were not very good at converting the various different amounts and their equivalents you would no doubt get short changes frequently! Bartering was one of their most common forms of exchanging goods for services in the New World in the 18th Century. This was due in fact because there was not a lot of coinage available to many Americans. Since America was an English colony it adapted such form of currency. ........... _________________________________________________________________________ (a) See other Articles in the series under Sharing Lights (b) Original works are attributed to original Authors, as provided by links, references, and keywords. (c) One Poster’s name was abbreviated to Ws… so that is does not appear in a negative context. (d) A deep gratitude for their tireless work is expressed!