A Billion Dollars an Ounce,

As our world moves ever closer toward comprehensive interconnectedness between all nations in the global confluence, currently characterized by trade globalization and global democratization in this democracy century, that is driven by human cultural evolution, toward completion, when ultimately wars are replaced by the up coming trade wars, and when all fiat paper money is driven to zero value and replaced by gold and silver real money as the global medium of exchange dictated by UN treaties outlawing international settlements in fiat, practical considerations are pondered as to the practical mechanics of seamlessly switching from fiat money to real money world wide. A primary goal, when switching from fiat money to real money, is the avoidance of concomitant economic devastation, depression, or severe recession typically characterized by and experienced during the collapse of a fiat money regime. The German early 20th century Wienmark Republic provides the exemplar quintessential calamity experience during such fiat money collapses. The Russian Ruble twice collapsing is another example upon the dislocations suffered when switching from a communist economy to a market economy.

Currently, in the US, the Federal Reserve Note (FRN) is the fiat money used, that has become the world reserve currency, held in quantity in most foreign central banks. The Chinese, for example, are reported to possess upwards of 1.3T-FRN$ in their foreign exchange (Forex) bank reserves. The Federal Reserve Bank, (FED) of the US issue bonds to foreign banks to repatriate FRNs to accommodate current account balances in the US and world wide. The US national debt is today rapidly approaching 10T$. Sure these are big numbers, but, wait until the out years come, when the fiat regimes world wide collapse. The world is racing to that end, as banks around the world attempt to out-print each other, trying to maintain advantage, in a precursor to the up coming trade wars, in manufacturing exports to support respective domestic economies. All paper fiat moneys are experiencing inflation, mostly now actually into double digits, and inflation is and will continue to accelerate into hyper-inflation, and then lastly into mega-inflation, as the end days approach for all fiat paper moneys and national fiat regimes, collectively, referred to as the world fiat complex. Gold and silver bullion has made remarkable increases of late relative to the fiat complex, but what we are seeing is merely the infant stage of collapse of the fiat complex. The fiat collapse has actually barely begun in earnest.

In the context of the global confluence, the use of fiat money has been the primary enabler to particularly project US economic and military power over the last 100 years, primarily starting with the creation of the FED, then with FDR's confiscation of gold from the public, as well as the 1972 disconnect between the gold and the FRN. While real money believers are appalled by the disconnect, and while many FRN savers have been burned by inflation, and will be burned by the fiat complex collapse, the result of the fiat use during the 20th century and into this 21st century, has been an ability to fund US military, economic, and political might which have collectively in fact civilized this world, in large measure, in this democracy century. Now that that civilization has been substantially complete or will be substantially complete soon, war will be outlawed in the years ahead, and as such, the use of the fiat FRN has been, in this measure, a good thing for whole of man kind. But, now is the time to get back to honest government, honest markets, and honest money. Its now time to go back to our traditional roots as free Americans. Personal ownership of land, guns, gold/silver and the vote for less government are the hallmarks of any free society, and puts ultimate power in the people, and we Americans have let our freedom wane, under government controls and mandates. But with the coming completion of the global confluence, lets all Americans demand back all of our freedoms, free from over-intrusive government actions and robbing fiat banking systems. We sacrificed our freedoms in these regards for 100 years or more, during the global confluence struggle, and now that complete victory should be soon declared, our freedoms should be reinstated, in full measure. We Americans paid the heavy price to civilize this world, and now its time to have our freedoms back, completely.

Real money believers, as well as fair and honest world traders in the up coming trade wars, should desire and promote a comprehensive world wide collapse of the fiat complex. When individuals hold real gold and silver money, the people hold the ultimate economic power, the power of the purse, defeating governmental abilities to manipulate our lives through interest rate controls, market manipulations, and uncontrolled fiat money printing. World governments, inherently distrusting of trading partner's excessive fiat printing and abilities to subsidize domestic industries to the disadvantage of their trading partners, ultimately seek that gold and silver real money medium of exchange so as to limit global unfair trade practices between nations. In effects, the uncontrolled fiat printing debasing of the money supplies, self-centered unfair global trade practices, and personal desire for economic freedom in this democracy century are the drivers toward the ultimate return and exclusive international use of real gold and silver money.

Other goals of the real money believers seeking the transition to the exclusive use of real money are the elimination of the Federal Reserve Bank, the elimination of the federal reserve banking system, the elimination of commercial banks executives transplantation into the federal banking system and the inherent conflicts of interest, and the elimination of the ability of the federal government to use commercial banks to manipulate supposedly free markets to the commercial banks' advantage over others market participants when striving for free and fair markets, so that all have an equal opportunity when investing in and dealing with the commercial markets. When real money is used, freedom is advanced, manipulation is limited, conflicts are avoided, and corruption of people and money is limited, if not, eliminated.

The US Mint, like most governmental mints, produce real constitutional money, in the form of 1 oz gold and silver Eagle coinage, in addition to lesser denominations, including 1/10 oz, 1/4 oz, and 1/2 oz silver and gold coins. In addition, legal tender rates of exchanges between coinage denominations should be set in stone, and currently, this has been done, and as the 1 oz Gold Eagle is set to 50$ and the 1 oz Silver Eagle is set to 1$. Currently, the US Mint produces gold and silver Eagle coinage, as well as the 1ct copper penny and the 5ct nickel. The gold, silver, copper and nickel coinage is traditional US money, and that should be retained and exclusively used following the fiat complex collapse.

The transition to real money may not be that inherently difficult, if the proper game plan and real money stores are ready in advance, when the time comes. So lets set the stage as to the practical mechanics of switching from the fiat complex to real money, particularly in reference to the US FED. First, lets raise the national debt to a mere 100T$, just to give us some spending breathing room, over the next 25 years, to play the fiat end game, and finish the global confluence. Next, the US Mint should set aside 100,000 oz of Gold Eagles, to pay off this nation debt, and that means, 100T-FRN$/100,000 oz of Gold Eagles, equates to 1Billon-FRN$ to 1 gold Eagle. This exchange rate is not set so as to pay back any US debt, but rather set to make transistion to real money smooth, seemless, and practicable.


The US government is believed to possess some 250,000,000 oz of gold, and so, the national debt of 100T-FRN$, in terms of 1 oz Eagles, equates to a mere 0.04% of the US gold reserve. The US government can therefore, issue and print gold certificates, that is, real notes actually redeemable in gold real money at any bank, so the people do not have to transact business carrying a heavy load. Silver stocks can be acquired through the usual tax regimes, and silver certificates can be issued and printed as well. With respect to the copper penny and nickel nickel, if stocks are short, steel penny "certificates" and steel nickel "certificate" coinage can also be stamped out in mass to accommodate any shortage in copper and nickel base metal stocks during the transistion period.

And so, the real money regime can be produced in mass and in advance of the fiat complex collapse by having minted Gold 50$ Eagles, Silver 1$ Eagles, Copper 1ct Pennies, Nickel 5ct Nickels, and their corresponding redeemable certificates, including gold and silver paper certificates and copper and nickel steel stamped coinage certificates.

Now, comes the easy part. The US government should reduce interest rates on FRN$ to zero percent in perpetuity, and start printing 90T FRN$, and literally "go for broke" with the printing presses running around the clock, and intentionally cause that desired mega-inflation in the FRN$. Lets drive the greenback FRN to zero, and kill it once and for all. The US FED is well adept at doing this, they have had allot of practice over the last 100 years. As the 100T-FRN$ are printed and used to completely intentionally destroy the FRN$, the government should enact bi-currency laws, that enable the use of FRN$ or alternatively, for tax purposes, for example, gold and silver real money, both as legal tender, as the FRN$ is driven to zero value relative to the real money. When substantially complete, pay off any foreign Forex debts with real money, at the rate of ONE billion FRNs to 1 oz gold Eagle. As such, the US Government need only flip China (1.3T-FRN$/1B-FRN$/1ozGoldEagle) 1300 gold Eagles, and simply say, thanks for the business, and similarly treat any other foreign Forex reserve holding of US FRN$, and after a limited redemption period, eliminate the Federal Reserve Bank, and put those ex-commercial bank executives in the unemployment line, where they rightfully belong.

The transition to real money is not really a complex thing to do, if done seamlessly through a temporary bi-currency regime and economy, using FRN$ and Gold and Silver real money, concurrently, during the transition periods. The economy should not therefore suffer from an economy shock, but rather, move through a simple transition period. We Americans, by nature, culture, and politics are an adaptable lot of the people, and understand money and inflation, and can personally adjust our personal asset portfolio, to protect wealth during such transition periods, as in the late 1970s, as we have been there and done that, successfully. We should not be afraid of the future, which is a very good one for man kind, in the final days of the global confluence, where wars are replaced by the trade wars, and as the fiat complex is replaced by real money. Our world is becoming safer. Our freedoms will be returned to us. Honest government, honest markets, and honest money will rule the land of the free and brave, once again, and else where around the world. Its is a glorious future, and I hope to be alive that day when one gold Eagle is worth a billion dollars an ounce.

Derrick
=============
An Act of Congress,

By the Congress of United States of America,
this day, January 17, 2035,
be it enacted throughout the United States, that:

Section A, Accounts and Redemption.

A.1 The debt limit of the United State shall be raised forthwith in Federal Reserve Notes to 100 Trillion notes.
A.2 The Treasury of the United State shall issue all of said Federal Reserve Notes forthwith.
A.3 The Federal Reserve Bank shall forthwith pay in said notes all US Government bonds and obligations to all and any holders thereof of such obligations and bonds throughout the world,
A.4 The Treasury of the United States shall segregate 100,000 oz of Gold Eagle Coinage for the exclusive use of redemption of all of said Federal Reserve Notes.
A.5 All of said Federal Reserve Notes and prior issued Federal Reserve Notes shall be redeemable in Gold and Silver Eagle coinage of the United State at a rate of 0.0000000001 (1 Billionth) oz of Gold Eagle coinage or 0.00000005 (fifty Billionth) oz of Silver Eagle coinage in United States exclusively limited to only US Mint minted Gold and Silver Eagle coinage, redeemable at any National Bank of the United States, or authorized Mint Eagle coinage dealer.

Section B, Redemption Periods.
B.1 Said Redemption in Gold and Silver Eagle coinage shall be for a period of not more than one year of the date of enactment of this act by the President of the United States.
B.2 After said Redemption period, Gold and Silver Eagle coinage shall be the only lawful legal tender used for all debts, public and private, within the United States.

Section C, International Settlement of Debts.
C.1 During said Redemption period, all international obligations in said Federal Reserve Notes shall be settled exclusively in Gold and Silver Eagle coinage at said exchange rate.
C.2 After said Redemption period, all international obligations shall be settled consistent with UN treaty obligations that all international settlements between nations shall be exclusively in Gold and Silver species.

Section D Domestic Settlement of Debts.
D.1 All and any obligations of the United States to and for any citizen or national alien of the United states, including but not limited to payments due in arrearages of social security, medi-care, medi-caid shall be immediately paid forthwith in said Federal Reserve Notes.
D.2 Upon termination of the redemption period, and payment of all international and domestic obligations, the national debt of the United States shall be then, hence forth, and forever zero.

Section E, The Federal Reserve Bank.
E.1 The Federal Reserve Bank shall forthwith reduce to zero percentage rate all existing United State bonds, until all such bonds are paid in full by said issuance of said Federal Reserve Notes within said redemption period.
E.2 The Federal Reserve Bank shall, upon payment of all of said bonds in said notes, shall be then, hence forth and forever abolished, and shall quit all transactions upon the termination of the redemption period.
E.3 All bonds issued by the United States shall then thereafter, hence forth, and forever shal be exclusively denominated in Gold and Silver Eagle coinage.

This act, being duly authorized by the Congress of the United States, is hereby the supreme law throughout the United States upon execution by the President of the United States,
Sign this day, January 17th, 2035, by:
President Bill OReilly of the United States of America.

Derrick
=============

Pelozi, trying to appease the far left, NOW SAYS she did not know about waterboarding.

Yet she attended many briefings over many years.

She pretending she ALWAYS opposed such, which is not true.

Things are going bad for the dems just now, actually, and this may be a bogus rally cry, who knows.

I think she is a liar and should be deposed.

The left is the most intellectually dishonest people.

=========