Stirring the hornet's nest...

I see from time to time people posting about NESARA / GESARA, and I'll be honest, what little information I could find about it shows that people who are supporting it probably don't understand what it is. I haven't seen anyone really explain it here either. I'm all ears.

But I want to talk about money, about what it actually is. There's a lot of discussion about Bitcoin or something being the future, and I can honestly state that people who say things like that either don't really understand what they are talking about, or are purposely trying to deceive a lot of people.

OK, so what is money? Money is stuff that you can use to buy stuff with. That's all it is. In a way, ammo can be considered money, because there are people willing to trade you for it. So can pieces of precious metal, or pretty much anything anyone wants.

Some money is better than other money. Meaning, people would prefer it over another form. Dollars, for instance, are almost universally accepted on planet earth. Why? What makes a money valuable? You can look online and find lots of answers to these questions.

Now, there is something CRITICALLY IMPORTANT you need to understand about the US dollar.

1. The constitution SPECIFICALLY says that the federal government can create money. That is, they can take ink and paper and create dollar bills.
2. However, due to the Federal Reserve, we have effectively given the power to print money to the banks that run our country. They tell the federal government how much to print, and the federal government just GIVES IT TO THEM. For free. We pay for all the expenses, too, probably pay for the shipping too.
3. The Federal Reserve then loans this money out, at interest, to the banks which loan it out to the people. We pay interest on these loans.
4. The federal government raises its funds through taxes or loans. They used to borrow from the people (and foreign countries) but lately there has been shenanigans and it looks like they are borrowing directly from the Federal Reserve. Regardless, the end result is the same: All the money that government raises is either from borrowing or taxes, and the taxes and loans come from money printed by the Federal Government and then handed over to the Federal Reserve.
5. The Federal Reserve, thus, ultimately ends up with the interest payments on thec cash that the federal government gave them.
6. Nowadays, nobody really knows how many dollars there are because the Federal Reserve does so much of its business digitally. Meaning, they probably don't even need the federal government to print cash for them, since they can add extra zeroes to accounts all day long. Just make sure no one goes to actually withdraw that money, which, thanks to the increasing digital nature of all economic transactions, is unlikely,

Now, what problems exist with this system? Let me list a few:

1. Inflation / deflation on demand, as much or as little as the Federal Reserve wants. For instance, see what happened during the 1930s "Great Depression." The Federal Reserve refused to loan money out to certain banks, and they couldn't cover the inevitable runs, and so they had to sell their assets (loans and more) at rock-bottom prices to other banks. That's why we have so FEW banks in the US, by the way, just the way the elites like it.
2. Through loans, the banks can basically determine who wins and loses in the economy. If banks won't loan you the money, you can't get it, unless you can raise it through investors or private loans. THANKFULLY, the American economy has always outpaced the banks, so they haven't been able to completely ruin our economy, but oh BOY have they tried!
3. National debt. As the government borrows more and more, it ends up paying more and more in interest. AS these payments increase, pretty soon most of the federal budget is in interest payments. Meaning, we work our butts off, we get taxes, and those taxes are deposited into the pockets of the bankers.

How do we fix it? It's really easy.

END THE FED!

Just get rid of it!

Or better yet, NATIONALIZE THE FEDERAL RESERVE. Just take over the entire operation, make it part of the government, and that way, the government keeps the interest. We probably should, at the same time, nationalize ANY bank that requires a bail-out. Sure, you get money to keep yourself from running out of cash, but in exchange, WE KEEP YOU. All your profits go to us.

More importantly, we can end the practice of fractional reserve banking. This allows banks to borrow money many times against what their assets are. Meaning, if people deposited $100 into a bank, it can loan out $100,000 dollars in loans, and collect interest on it. This creates, out of thin air, $99,900!!! And who keeps that? The bank does.

Congress should carefully plan how much money they will print each year. Too MUCH money, and the value of the dollar FALLS, causing INFLATION. Inflation is bad because it means your money loses value. It encourages people to BUY MORE RIGHT NOW, which seems good, but is really bad because no one saves for the future or invests in important, large projects. If, instead, they print too little, then the value of the dollar will rise, which is called DEFLATION. Because the value goes up, prices go down, and it makes sense for people to not spend their money at all, which drives all the cash into the hands of the rich, who can buy in bulk and save.

The people can tell congress whether there is inflation or deflation, and congress can even set it up so that key economic indicators are used to guide how much money they should print. This money, in addition to tax revenue, should be more than enough to cover the costs of government, and the best part is it costs nothing (except material and labor to print the money.) We keep the profits of creating money from thin air, and everyone will benefit.

Now, imagine for a moment that there needs to be more money printed than the federal budget allows. This could occur if economic growth is very high. A bustling economy means people need more and more cash to keep their businesses running and making money. In such a circumstance, we may be faced with the problem of having too little to spend all that money on. Once we hit that point, we can end all taxes, and perhaps we may need to even send the revenue out to the people like they do in Alaska. Maybe that is what the NESARA/GESARA people are expecting? I don't know.