ANYTHING can be used as currency so long as everyone agrees on what. The British used to use polished sticks for example. Our government can and has issued currency that it regulated itself according to how much people needed in order to facilitate the trade that needed to be facilitated.
Try again.
And yet the history shows that those colonial scrips issued during the revolutionary era all devalued into worthlessness because the government issued too much of it to pay for their debts.
And yet it worked perfectly before the British outlawed it and forced the colonies into poverty making war the only solution. If you want to talk about history then explain why Lincoln's greenbacks were a bad thing despite people demanding them to return, and then explain Lincoln's assasination.
Your coninued attempt to argue in favor of freely giving 80% of your wealth to bankers in return for nothing is truly evil.
No you're completely wrong about the fractional reserve system being the thing that provides access to the wealth. ANYTHING can be used as currency so long as everyone agrees on what. The British used to use polished sticks for example. Our government can and has issued currency that it regulated itself according to how much people needed in order to facilitate the trade that needed to be facilitated. There was no FRL necessary at all. The problem we have now is that we are using a currency that does not represent wealth because you are forced to pay back more than what they actually had that they could give you in the first place. You are actually giving them most of your wealth doing this in return for nothing. Seriously, how does you paying me $108 in return for the $10 that I was actually honestly able to give you in the first place help anyone other than me in any situation?
All of that stuff that was built could have been built exactly the same using currency issued by our own government instead of by the private Fed. Look into why the British forced the colonies to abandon colonial script by law. Look what happened and then look what the colonies did about it.
Actually the more I think about it the more I realize that you are arguing in bad faith. You really think that we MUST allow fraud in order for us to agree on what to trade with? On what a promise of value is? You're out of your mind.
How do you pay for something with something that you do not have?
Do you not understand that fractional reserve lending is lending more than you have? As in, I have $10, I loan $100, charge say 8% interest, then you have to pay me $108. How does that increase material wealth? How does that increase the yield of crops? How does that increase the materials that can be mined?
You don't need to LIE about what you have to make that "billion dollar factory". If you think that lying about how much wealth actually existed by fabricating "magic fiction money" was the only way to make that "billion dollar" factory that got made then you are actually mistaken about it costing a "billion dollars". The materials existed, workers worked to provide them, the workers were fed, clothed, housed etc. and all of that wasn't caused by a printing press.
To help you understand further, remember that currency represents wealth. So for example if the population suddenly exploded and we had more people making more things of value, THAT is when more currency should be created. Currency facilitates trade of wealth.
If you're trying to trade wealth that doesn't exist then you're committing fraud. Inflation is creating currency that represents nothing. Fractional reserve lending creates that inflation by making you pay the lender money that the lender never earned.
Do you see why this is dangerous? Why it is only productive for the lender and detrimental to the borrower? If not then I apologize I couldn't make it more clear, I tried to type this a little at a time while at work.
You don't know which side is going to come up until you flip it, so why not lean into faith?
That is exactly the difference between an atheist and a Christian. One chooses to live according to fear of the unknown and the other chooses to live according to a loving promise.
“Therefore I say to you, do not worry about your life, what you will eat or what you will drink; nor about your body, what you will put on. Is not life more than food and the body more than clothing? Look at the birds of the air, for they neither sow nor reap nor gather into barns; yet your heavenly Father feeds them. Are you not of more value than they? Which of you by worrying can add one cubit to his stature?
“So why do you worry about clothing? Consider the lilies of the field, how they grow: they neither toil nor spin; and yet I say to you that even Solomon in all his glory was not arrayed like one of these. Now if God so clothes the grass of the field, which today is, and tomorrow is thrown into the oven, will He not much more clothe you, O you of little faith?
“Therefore do not worry, saying, ‘What shall we eat?’ or ‘What shall we drink?’ or ‘What shall we wear?’ For after all these things the Gentiles seek. For your heavenly Father knows that you need all these things. But seek first the kingdom of God and His righteousness, and all these things shall be added to you. Therefore do not worry about tomorrow, for tomorrow will worry about its own things. Sufficient for the day is its own trouble.
Matthew 6:25-34
You think it's just a theory eh? More people need to watch this: https://odysee.com/@KnowledgeBase:e/Bill-Still-The-Money-Masters-Full-Documentary-1996:7
startpage.com.
It's basically an anonymous proxy for searching gurgle so it gets around gurgle's targeted censorship. Gurgle will still do the usual biased ranking but if you make your search specific enough it'll work.
I recomend you set its HTTP request method to POST under settings > Privacy and Safety.
https://www.bitchute.com/video/dX0wqs2xbM05/
https://www.bitchute.com/video/8qJwUaLxG8Ll/
Covid-19 myths part 1 https://www.bitchute.com/video/Vl71rgRiv13h/
Rosenau Experiment https://zenodo.org/record/1505669/files/article.pdf
Rosenau experiments (extra information) https://archive.md/jvb0l
High Impact Flix: Contagions don’t exist https://odysee.com/@HighImpactFlix:c/oct-19-contagion:1
https://www.bitchute.com/video/T7clboYMkS7I/
https://www.bitchute.com/video/BFnIM5KxelmR/
https://www.bitchute.com/video/EdffVJbFxb96/
Bechamp or Pasteur A lost chapter in the history of Biology http://mnwelldir.org/docs/history/biographies/Bechamp-or-Pasteur.pdf
Tom Cowan speech, july 10, 2021 https://odysee.com/@dharmabear:2/%E2%81%A3Dr-Thomas-Cowan-Viral-Panopticon-Part-1-July-10-21:3
Flexner Report
https://archive.org/details/carnegieflexnerreport
https://odysee.com/@spacebusters:c9/Final-The-End-of-Germ-Theory:8
And what did Kary Mullis, the inventor of the Polymerase Chain Reaction (PCR) technique which he said is useless as a diagnostic test, have to say about HIV/AIDS again?
And how is Jesus going to "turn things right side up" if we refuse to follow the Word He has already given us? He did it back then to show us how. The time for waiting for someone else to do the work for us is loooong since past. The end of the world will come when the salt runs out.