As minds are being freed up and awareness of how the Money Mafia is controlling and exploiting entire economies through their control of the money supply that those economies rely on for trade and the most ordinary, everyday purchases and transactions, it appears that people remain by and large blind to the dangers inherent in the alternative to which they are looking as a solution.
What is that alternative? It is the introduction of sound money, a commodity backed currency. There is nothing inherently wrong with this, of course, but it is going to spell an absolute disaster for people who do not hold that commodity when the the transition to sound money takes place. These problems will be especially exacerbated if a jubilee on debts is not declared when sound money is introduced. There will be wholesale bankruptcies and people with debts not holding the necessary commodity to cover their debts will lose everything. EVERYTHING!!!
I will not go on here in this preamble as to the reasons for this being the case, as it can be discussed in the comments, which I suggest should be numbered by each person posting with the next number in the sequence. However, I will post here a link to an article that deals with the ins and outs of what I am talking about.
This should not be taken as an attack on Ron Paul. I am a supporter of him. But it is important that people look at the potential situation where Ron Paul is elected and sound money is introduced, as it should be, but with the catch that people do not hold their savings in the commodities in question at the time of transition, and where the transition is not complemented with debt forgiveness.
Ron Paul and Economic Theories
http://winterpatriot.com/node/671
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ReplyDeleteI once again feel compelled to clarify that, against the articles's suggestion, I do not consider the arguments of the article to constitute a reason against wanting Ron Paul for the US Presidency. Far from it, Ron Paul is the only running candidate that merits support for the Presidency.
What I do consider critically important is that people are adequately warned and prepared for the introduction of sound money, something that Ron Paul's election could bring about before most people are ready. For, to repeat, if sound money is introduced, people's savings in paper will be devalued massively, and those with debts will be sent to the wall in very short order.
Unless, that is, there is going to be a Debt Jubilee, something that the Money Mafia can and should be expected to oppose tooth and nail. After all, these crippling, if fraudulent, debts are their so-called "assets" on which they are being paid interest, or if defaulted on, they intend to collect real assets.
The introduction of sound money, which should and must happen at some point, must be accompanied by a Debt Jubilee. Otherwise, it is going to create devastation for most. The reality is that most people are not, and will not be ready.
Anyone who does not hold their savings in gold and silver, or who does not hold enouth gold and silver to cover their expenses and debts when sound money is introduced, economically and financially speaking, will be toast. Unless you position yourself appropriately, Ron Paul's election and introduction of sound money will do you in big time.