Simon Black (Sovereign Man) has nailed it, yet again, with a simple summary of the Nature of Money and the significance of this proper understanding. I consider it fantastic to see accurate descriptions like this coming out more and more in human consciousness. I give him a mark of A++ (100%) for accuracy but only a B for application and a D for full disclosure. Enjoy his words of wisdom and my commentary.
Simon Black runs a business called Sovereign Man that targets primarily the USA market for people wanting to protect their assets from Uncle Sam and the controls/enslavement of the global elite. He provides second passport and offshore investment advice and support services.
He deliberately avoids such as alternative currencies (there’s no money in it for him I guess) and detailing the identities and exact nature of the elite (again this would be detrimental to his business as his clients are probably not ones to discuss conspiratorial matters with).
December 17, 2015
Byron Bay, Australia
When you think of the word ‘money’, the first thing to come to mind is probably those pieces of paper in your pocket.
Yes, this is the core deception – that money is ‘something’ – commodity money. The paper (or digital representation of it) is not something in itself as it represents something – a debt from somebody else – in this case a debt from the government to the Central bankers who issued it.
High school economics textbooks teach students that ‘money’ is a medium of exchange, a store of value, and a measure of account.
This is a deliberate obfuscation. The elite know and understand this VERY well and it is in their interests to perpetuate foolishness as it increases their capacity to control and enslave.
And while all that fancy-sounding language may appropriately describe the ways in which we use money, they do not define what money actually is.
This is the critical difference – a logical fallacy of the first order to confuse function for substance. What it does is not what it is. Confuse the two and you can never understand money and set yourself up for manipulation and enslavement.
Money is not a medium of exchange. Nor is it the paper in your wallet.
In actuality money is a unit of measurement.
This is so right. Understanding this is critical for people interested in avoiding enslavement. Money is literally only a record (unit of measure) of a half completed transaction (debt).
Just as a kilogram represents a unit of measurement for mass, or a mile represents a unit to measure distance, money is a vastly important measure of economic value.
Very nicely put. “Economic value” are pretty words to describe debt, money is literally only ever a record of a half completed transaction.
I feed my excess bananas to the pigs because I don’t sell produce at the markets but if I did then they only have “economic value” when I trade them. On the tree, rotting on the ground, in the pigs’ bellies they have no “economic value” but when I exchange them for a favour or coconuts or pineapples THEN they do have value. $20.00 could be a measurement of that value so that when a friend takes them and “owes me $20.00” then that debt is measured in money – the “economic value” that Simon talks about.
This idea of measuring economic value was something passed down from the ancient Greeks thousands of years ago.
Well actually it goes back a long way further than that but the story is good!
They minted coins to define units of measurement for economic value, and they developed the concept of the marketplace as a way for the public to fairly and efficiently determine the economic value of a particular good or service.
There was no more guesswork; the value of a quart of olives, or a single sheep, could be quickly assessed and easily communicated across an entire society.
And this idea of measuring economic value became just as important to the development of civilization as standard measurements for mass and length.
It would be next to impossible for a team of carpenters to build a house or bridge without first agreeing on standards of measurement.
If I defined distance based on the width of my thumb, and you defined it using the length of your cat, we’d hardly be able to communicate professionally.
Similarly, we could never expect the modern economy to develop and flourish without first agreeing how to measure economic value.
In Samoa we have multiple units of measure. There is the formal WST the legal tender currency, but there are also fine mats and boxes of tinned fish which are both used in formal ceremonies such as weddings, funerals and church openings and so on.
IOUs, shells, tally sticks and other items can all be used as a unit of measure. The important thing is that there is social acceptance of this unit of measure.
And this is what’s so terribly wrong with our modern financial system.
We have ceded control of this definition of economic value to an unelected committee of bureaucrats.
Here Simon has moved into the second issue. His sentence could better have been phrased starting, “What is wrong is that . . .” rather than a slightly confusing two sentences. What Simon is saying here is that the elite (the private interests who own and/or control the Central banks) have the capacity to issue money on their terms.
I’ve long been critical of this, and I’m convinced that if benevolent space aliens visited our planet, they would be utterly bewildered at our financial system.
Unless they saw through it all and laughed, as I do along with the elite, and those who understand the way the world works, at how the enslavement works. For the record, I cannot believe that Simon doesn’t know and understand that this is a deliberate enslavement, the consolidation of power and wealth through the mechanism of charging interest, nor that he knows full well their identity and ruses.
Now, in fairness, the same thing has happened with other units of measurement.
The International Bureau for Weights and Measures has given us a very clear definition for a meter and kilogram.
But it’s different with money.
We have to be careful here now because the CONCEPT is the same – a centrally agreed measurement system. The IMPLEMENTATION however is where it gets different of course – the essence of the post.
In the United States, for example, the Mint and Coinage Act of 1792 very precisely defined the unit of economic value in America: 371.25 grains of pure silver.
And this definition lasted from the birth of the nation all the way up through it becoming the largest economy in the world.
But today it is no longer the same. The dollars you have in your pocket have nothing to do with silver anymore.
This is true but it misses the point – it’s not that silver means anything material. You can still have a stable and agreed currency without using silver, as Samoan mats and boxes of canned fish tell us, it’s the stability of the unit of measure that matters. Without interest there is no reason for it to change – ever!
Americans’ standard measurement of economic value is now exclusively controlled by the Federal Reserve. And they are not shy about changing it.
Now that’s a key point – changing the standard. Simon is perfectly right that this is A key point but it is not THE key point. The key point is that ANY interest devalues/debases a given currency. A mat of a certain size in Samoa 200 years ago has the same value in a social sense as a mat of the same size today, perhaps valued at 500 hours of human labour, so without a Central Bank, and without any interest being charged you have currency stability, no enrichment of the elite and no enslavement. The monetary system (currency) is always stable.
Yesterday the Fed unsurprisingly announced that they were going to raise interest rates for the first time in nearly a decade.
In doing so, they have effectively changed the value of money and hence adjusted the unit of measurement for economic value.
Strangely, the Fed views this as one of its missions; they openly acknowledge that they strive for an annual inflation rate of 2%.
Inflation results from the charging of interest on the money used. No interest = no inflation. Period. The charging of interest on money is immoral and contrary to explicit unambiguous biblical instruction as well as most mainstream religions.
2% might not sound like much, but over the course of time it really adds up. It means that within a single lifetime, your unit of economic value will be reduced by more than 75%.
This is a distraction because the rate (high or low) is immaterial at a conceptual level. As long as I earn more than the interest rate at the time I benefit (get ahead) so a 75% loss means nothing to me if I earn 500% in that time using the system. ‘The ends justifies the means’, is the concept being used here.
Simon runs a business so he’s working with [legitimately of course] a business mindset. The principle is more important though to people not driven by selfish ends.
Just imagine if a committee of unelected bureaucrats periodically made significant changes to the value of a gallon.
Or if their stated goal was to reduce the value of a kilometer by 2% per year.
It would be utterly ridiculous, affecting the lives of just about everyone. Some would be better off, some would be worse off.
Taxi drivers, for example, would make a lot more money at the expense of their passengers if the value of a kilometer were debased.
The distance between Point A and Point B would increase when expressed in kilometers, so you’d be paying more every time you jumped in an Uber.
Similarly, shipping companies would make more money at the expense of producers who have to transport their products.
In a dog-eat-dog capitalistic environment this though is simply good business is it not? Fairness or principle get watered down by situational ethics. Stocks are good if they go up and bad if they go down – that’s situational ethics. That the stock market is where you can make profits at the expense of others is bad per se – that is a different principled approach.
Money is no exception. Whenever central bankers adjust the unit of measurement for economic value, there are winners and losers.
Banks and governments tend to do very well when their friends at the central bank manipulate the value of money.
And as you can imagine, the average guy on the street is not the winner.
Now we move into the realm of intent. What Simon can never go into deeply to his demographic is that this is deliberate and that the whole idea of a free market is totally false when you look at the evidence that he alludes to here. The more I live, the more I see and learn, the more I can see the way that the elite deliberately establish, manage and manipulate to first gain, then retain and then increase their power and wealth.
So it’s no surprise that the middle class in the Land of the Free is no longer the largest segment of the population, according to a recent report by Pew Research.
Or that more than 50% of Americans have less than $1,000 in savings.
Or that the birthrate in the Land of the Free is nearing an all-time low, due in large part to the rising costs of having a child.
And it will get worse, by design, as long as there are Central Banks issuing money at interest to the governments of the world that enforce this monopoly by law.
That’s our financial system. It’s is based on unaccountable, unelected committees deciding who wins, and who loses.
And they’ve decided that you’re going to be a loser.
Yes. When you invert this statement from Simon you can ‘get’ the conspiracy. Try doing that exercise now, and rephrasing it the reverse way. See? That’s a conspiracy!
Once you understand this simple truth, you have a very important choice to make: let them continue to determine your economic future, or take charge of it yourself.
Simon, I’ve never met you, nor even spoken to you but you are soooo right! I wish that the entire world could read these words and wake-up to the truths contained. I understand well that your business is built around offering alternatives WITHIN the system which is essentially helping yourself and your clients to be the winners at the expense of losers.
There are other options though that involve total freedom and escape from the system that lift all participants in win-win scenarios. The Good Book has this all down-pat long before you or me graced this planet with our presence. I’ve also shared many aspects of this previously:
- Get out of debt immediately;
- Avoid the use of interest-bearing currencies;
- Invest into intangible assets and systems that help people . . .
There’s much more as well, especially along the lines of the focus of our personal energies and security, but . . .
Yes, until tomorrow . . . thank you for your post today.