Interest Rates “or” Rental Fees…???
Are we Borrowing Fiat USD’s and paying interest “or” Renting Fiat USD’s and paying never ending Rental Fees for their use…???
In any case, this needs to end as soon as possible…
Anyway…
Does a Monetary System get any better than Stable and 100% backed by U.S. Silver and Gold Coins…???
And yet, there only seem to be a handful of people who take me seriously…
Some of you were around when I was trying to make it all work using Existing U.S. Silver and Gold Coins and our Silver and Gold U.S. Bullion Coins…
That’s when I may have realized “We the People” were Bamboozled by Agents, both Foreign and Domestic, working on behalf of possible enemies…
It will always be questionable if the Agents knew who they were working for…
So, do you think we’re paying Interest or never ending Rental Fees for the “use” of Fiat USD’s…???
I’ll be looking forward to all the answers I get…
In any case, feel free to question anything I post…
Your push to build around existing U.S. silver and gold coins was the clearest part to me, because it shows a path that avoids the goevrnment credit loop entirely.
To me it feels more like renting the unit itself and and paying a fee forever just to keep using dollars, with interest stapled on top when credit is added.
also a fully redeemable system sounds boring in the best way, like money that just sits there doing its job instead of inventing new ways to leak value.
The weights and face values of our original Silver and aGold Coins were set too low on purpose… I had to correct the weights and face values… Now everything works perfectly with the 100 to 1 Exchange Rate to remove and replace Paper Dollars… Most people will be using our Silver Certificates and Electronic Gold…
Locking the weights and face values to honest numbers makes the unit real again, and the 100 to 1 swap cuts the paper fog clean. That takes the rent and and interest trick off the table and puts redemption up front, which is what folks can actually trust. Silver Certificates and Electronic Gold as rails feel perfcet for daily use, while coins do the heavy lift behind the scenes. If metals spike, do you keep the rate fixed or let it float to find the rite balance for redemptions?
Silver is a concern when it comes to Supply and Demand… I figure Silver will require a Phase 2 and 3…. This is why I picked Gold to back our Electronic Gold… For Silver, we will need to change their Face Values… We can keep the Old Silver Coins as Collector Coinage or turn them in for the New Face Values of equal weight… The day will come when One Ounce of Silver will be worth Two Ounces of Gold… This is when a 1/2 Ounce Silver Coin will have a $100 Face Value…. This may take hundreds of years, but I figured it needed to be addressed... Additional Silver Certificates will need to be Printed to remain in Perfect Balance with the Face Values of our New Silver Coins…
interesting take on the silver phases, and the gold backing for electronic gold makes sense if you want fewer supply shocks. If face values move that far, how do you keep the Silver Certificates in balnace without creating easy arbitrage with the coin turn-ins and and the paper? The collector path is neat, though your two-gold-to-one-silver future reads like a stress test more than a forecast.
The Face Values of our Silver Certificates will remain in perfect balance with our Silver Coinage… The amount of Silver Certificates will be determined by the weight of our Silver Coinage, depending on which Phase we’re in…
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Jeopardy question, "What charge do you avoid on my credit card bills?"
Since I always pay in full, I never have to pay Credit Card interest…
(So, do you think we’re paying Interest or never ending Rental Fees for the “use” of Fiat USD’s…???)I think this monetary system makes us somewhat slaves, it sounds strong but true,
That’s why we’re giving the power back to the people… Money is Power…