I simply asked a question of you since the gaslighting comment was in reference to an indication there is no distinction between Federal Reserve Notes and Dollars
Are we all now in agreement there is a distinction between Federal Reserve Notes and Dollars?
JWK
When Federal Reserve Notes were made a legal tender in violation of our Constitution, and a direct un-apportioned tax was imposed upon the people without their consent, America’s free enterprise, free market system was subjugated, and the tools of oppression and thievery were made available to some very immoral and nefariously evil people.
Fiat currency nominally cannot exist without big banks and big government to insist that it exists. Specie physically exists and has been valued and used by man from when both banks and modern states were still in the distant future.
The first is a sort of mass delusion of reality dependent on a sort of blind faith in stability of institutions, the second is just what is with scarcely any need for intervention by institutions and continues to exist when those institutions fail.
Ever since I joined this forum we have been warned that Fiat currency is going to collapse yet 20 years later the world is still turning and I can still use the money I get paid each month to live, but things etc.
I have never come across a business that asks me to pay in gold or silver or pay them in chickens etc.
People fail to understand that both fiat money and commodity money have their issues, and there is no nirvana awaiting us by returning to commodity money.
There is especially no nirvana waiting for us
by having a central group of people choose a commodity and command us all to use that as money. EG “You must use gold as money.” or “You must use tobacco certificates as money.” or “You must use dried fish as money.”
Physical money doesn’t need government and banks to exist. Darn cumbersome to confiscate too.
… FDR and company should have been lynched rather than complying with the seizure of gold…
Fiat currency only exists when government or banks claim it does and people believe them … but it’s still a hassle for those to confiscate all the “money”.
Digital money not only needs big government and central banks to exist but they can turn your money off and on at will, or limit its use or confiscate it, to suit them with little effort.