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If you ask, “Why?” regarding the topic of joblessness, the answer is usually : no money.
Without money, one cannot buy necessities.
Without customers, businesses can’t sell, nor hire labor.
Without jobs, people have no money to buy necessities.
So who has “all the money?” Or better yet, “Why is there not enough money in circulation so people can be productive and trade?”
To the government, the socialists, the usurers, and the wealthy privileged power brokers, the most scariest way for people to “make jobs” is for them to “make their own money.”
Though most believe that government has the power to make money, that is incorrect. The constitution only grants Congress the power to COIN money (stamp bullion) and BORROW money. If Congress ever had the power to create money, why would it need the power to borrow it? And since it has no power to create money, it can’t give that power to anyone else.
So who has the power to “make money?”
To answer that question, let me pose this : what do you use money for?
For trade. Money is a medium of exchange.
When people trade things of equivalent value, it’s barter - no money needed. (“I’ll trade you a dozen eggs for your fishhooks...”)
But when people trade and one does not immediately receive something of equivalent value, he requires a “value holder” to use in a future trade ... like a money token (coin, etc).
Guess what also acts as a value holder for future trade?
PROMISSORY NOTE - A written promise to do or provide something, usually presented as a gift and claimable when or however the recipient chooses. ( A “free” coupon is the same thing)
In short, any productive person or enterprise can issue private promissory notes, denominated in what they can do, perform, or produce, and use them for trade in their local marketplace. Free people can create their own mediums of exchange to facilitate trade, independent of bankers, governments, and other parasites.
Of course, there is no usury, no “income tax,” no excise tax (no privilege involved), and no way to inflate or deflate the value of a non-money note. Which is why “the System” is mute on the subject, and hopes that people never, ever consider it as their remedy.
(You may also have noted the fine print on "free" coupons : "cash value 1/20 of a cent". Curious? Ask government why.)
There may be unpleasant consequences to a shift from money madness to prosperity. Those who have accumulated great wealth, denominated in money tokens, may find that their buying power will swiftly decline. This is no surprise. It has been in decline, due to inflation, devaluation, increased taxes, and usury overhead for generations. If those tokens are no longer the only means to facilitate trade, and are less than equitable, they will be less in demand. The allure of wealth is based on scarcity and therefore in demand. One can wield power and influence by offering money to those who desperately need it. When that is no longer the case, a loss of power and influence will shatter the status quo.
Without the demand for money tokens, usurers will find reduced demand for their services, and that will adversely affect their economic status.
When any productive person can generate the medium of exchange to trade that which he produces, and can use that medium in a local marketplace, the conditions are changed in favor of the productive. In time, that will reshape the whole nature of the nation. Those who are wealthy but unproductive will find themselves “bleeding” cash that keeps losing trade value. Those who prospered by running scams and vices, likewise will be crippled by the change to private money tokens. You can’t inflate, deflate, speculate or otherwise corrupt the value of a private promissory note. It’s intrinsic value relative to something else is subjective, but the value it represents when tendered, is stable. In short, notes stabilize “price.” A coupon for a “free” meal can’t inflate, deflate or change its value. It is still worth only one meal.
Ultimately, the most prosperous people will be the most productive, creative and innovative. No longer will “making money” mean acquisition of money tokens by any means, fair or foul. Any producer, laborer, businessman, or factory owner can create the medium of exchange to buy his output. Without the dead weight of collectivism, usury and other parasites, equitable trade will generate prosperity unimaginable.
Remember, never let parasites and plunderers claim the power to create money, for they will rob you blind, skin you alive, and arrogantly demand your gratitude that they let you regrow your skin before they do it again.
If you ask, “Why?” regarding the topic of joblessness, the answer is usually : no money.
Without money, one cannot buy necessities.
Without customers, businesses can’t sell, nor hire labor.
Without jobs, people have no money to buy necessities.
So who has “all the money?” Or better yet, “Why is there not enough money in circulation so people can be productive and trade?”
To the government, the socialists, the usurers, and the wealthy privileged power brokers, the most scariest way for people to “make jobs” is for them to “make their own money.”
Though most believe that government has the power to make money, that is incorrect. The constitution only grants Congress the power to COIN money (stamp bullion) and BORROW money. If Congress ever had the power to create money, why would it need the power to borrow it? And since it has no power to create money, it can’t give that power to anyone else.
So who has the power to “make money?”
To answer that question, let me pose this : what do you use money for?
For trade. Money is a medium of exchange.
When people trade things of equivalent value, it’s barter - no money needed. (“I’ll trade you a dozen eggs for your fishhooks...”)
But when people trade and one does not immediately receive something of equivalent value, he requires a “value holder” to use in a future trade ... like a money token (coin, etc).
Guess what also acts as a value holder for future trade?
PROMISSORY NOTE - A written promise to do or provide something, usually presented as a gift and claimable when or however the recipient chooses. ( A “free” coupon is the same thing)
In short, any productive person or enterprise can issue private promissory notes, denominated in what they can do, perform, or produce, and use them for trade in their local marketplace. Free people can create their own mediums of exchange to facilitate trade, independent of bankers, governments, and other parasites.
Of course, there is no usury, no “income tax,” no excise tax (no privilege involved), and no way to inflate or deflate the value of a non-money note. Which is why “the System” is mute on the subject, and hopes that people never, ever consider it as their remedy.
(You may also have noted the fine print on "free" coupons : "cash value 1/20 of a cent". Curious? Ask government why.)
Unfortunately the ability of a sovereign to borrow essentially creates a fungible asset that is used as money. You can make legal distinctions all you like, but unless people are prevented from trading with da guberment debt, it will be window dressing.
Many people confuse money with wealth... they are not the same. Money is a yardstick of production, not a measure of ownership. Which is why taxation to give to other people is stealing your labor.
Though most believe that government has the power to make money, that is incorrect. The constitution only grants Congress the power to COIN money (stamp bullion) and BORROW money. If Congress ever had the power to create money, why would it need the power to borrow it? And since it has no power to create money, it can’t give that power to anyone else.
Our Federal Gov't can create money, and it does this every day as it spends. It spends with simple computer strokes that raise the balance in providers and recipients checking accounts. Like with millions of SS accounts. Or with a defense contractor.
Through its agent the Fed, our central Gov't creates money every day, mostly for use within the Federal systems. Like QE.
Through our banking system as authorized and regulated by our Federal Gov't, private banks create money every day, mostly for use in the private sector.
The Treasury as you mention can also make money. And our coinage laws include 'The Trillion Dollar Platinum Coin'.
Which if used could theoretically cancel as much debt as we the people might want to eliminate.
The Federal Gov't along with Congress doesn't borrow in any conventional sense anytime. Our Gov't, banks, businesses, states and country basically deal only in USD, where our central Gov't is the sole issuer. This creation of money creates an equal debt as required by our laws. 1 USD = 1 dollar of National Debt. And this debt is very different than private debt. It is mostly owed to ourselves, and it can always be paid off. Barring ignorance or political tomfoolery.
Many people confuse money with wealth... they are not the same. Money is a yardstick of production, not a measure of ownership. Which is why taxation to give to other people is stealing your labor.
I agree they are not the same. But having a bunch of bucks in store does provide for important benefits without actually buying or owning anything more material.
A store of money creates security. And the proper use of your of store money can create more money.
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