Thursday
In Dawn of Gold, I pointed out the hitherto unremarked fact that all human groupings are brought about by the need to exchange – whether of sperm/egg cells, goods, services, companionship, hunting skills etc. All congregations, both large and small, are a demonstration of this phenomenon.
Without this need to exchange, tribes would never have formed. The survival of the species dictates that the sperm/egg cells exchange is the most important. Once that is assured, the urge to exchange goods and services becomes the most important. It was one giant leap forward in the execution of this exchange of value for value that gave the impetus to lift humankind out of tribal savagery and led eventually to the grand societies that in the aggregate we know as ‘Western Civilization’. That crucial enhancement of exchange was facilitated by money – both as the measure of value and as a store of stable value over time. If one has a surplus value, then any money taken in its stead must be able to store that value. That leads to accumulations of money, which leads to investment in new and improved production. The rest is history.
Why am I writing about this again now? Because I am receiving and seeing numerous reports of why Western Civilization is in crisis. Some are completely batty and others are a repeat of the ‘why the Roman Empire collapsed’ guesses. And they are still all wrong. Q Anon, genuinely decent people without a doubt, have the wrong target in focus.
Yes, there are some truly horrible people in the world, people of an evil intent, but they are and have always been a small minority. The majority of today’s malcontents are just low-IQ people looking for some meaning to their lives. They are not the cause of the violent, corrupt and destructive chaos that is all around us. They are just the lowlife that thrive in such an environment.
What is that environment? It is the lack of money – the lack of the measure of value and, more importantly, the lack of the store of stable value over time. To sum up: the lack of Gold.
Honest money produces a society that rewards honesty. All else is penalised. Dishonest money produces the reverse. It is the vector brought about by dishonest money that is sinking Western Civilization. All the ratbags taking advantage of dishonest money are the visibly villainous cast, but it is the stage that supports them that is the real problem – that needs to be replaced.
If Gold, and its surrogate silver, are allowed to freely circulate, then all the perverse incentives are removed and the mighty ship of civilization will slowly change course and head to a more prosperous, debtless and decent future for all concerned.
So, the point of all this is: drop all the conspiracy theories, crazed and otherwise, and just replace all the dishonest incentives with an honest one.
“There are a thousand hacking at the branches of evil to one who is striking at the root.” Henry David Thoreau
Sitting underneath the gross distortion of a dishonest money is one other, even deeper, problem. It is the sole cause of the widespread use of dishonest money and has been with us since the days of Croesus of Lydia. For as long as governments are allowed the ‘right’ to monopolise our money, then this problem will exist. Even in the US where the Constitution explicitly prohibits the use of pretend money, within less than 150 years, governments had enforced the use of official paper with numbers printed on it in lieu of money.
Money belongs to the people, and people will always choose Gold and silver. Governments will always choose something else – anything else.
It is through their monopolization of what is used as money that governments always, eventually, destroy societies.
That is where we are now. Neither President Trump nor Joe Biden have the wit or the will to change that. Only the circulation of honest money can change the course of the debt Titanic.
Check out this super-smart method for eliminating the world’s fiat debt. If anyone has a better suggestion, I’m all ears.