Title: Americans Are Printing Their Own Money Source:
YouTube URL Source:http://www.youtube.com/watch?v=ghs_Ag8P6Lw&NR=1 Published:Apr 22, 2009 Author:conciousgood Post Date:2010-10-29 05:08:36 by GreyLmist Keywords:Alternative Currencies Views:737 Comments:16
The small town of Ithaca, NY decided that the best way to keep money in the community was to start printing their own (legal) currency. "It's a community spirit - an idea that we're all working to help support each other as a local community solidarity."
Alternative currency is a term that refers to any currency used as an alternative to the dominant national or multinational currency systems (usually referred to as national or fiat money). Alternative currencies can be created by an individual, corporation, or organization, they can be created by national, state, or local governments, or they can arise naturally as people begin to use a certain commodity as a currency. Mutual credit is a form of alternative currency, and thus any form of lending that does not go through the banking system can be considered a form of alternative currency.
When used in combination with or when designed to work in combination with national or multinational fiat currencies they can be referred to as complementary currency. Most complementary currencies are also local currencies and are limited to a certain region.
Barters are another type of alternative currency. These are actually exchange systems, which only trade items; thus without the use of any currency whatsoever. Finally, LETS is a special form of barter which trades points for items. One point stands for one man-hour of work. (cont.)
Did you know that the Federal Reserve outsources both the ink and paper to make U.S. dollars.
And it cost more to create a one dollar bill than that dollar is worth. Very soon, hyper-inflation will reach a point that it will not be able to afford to buy the ink and paper.
That is when more zeros will be able to the U.S. dollar and we will see hyper-inflation skyrocket.
The U.S. dollar is already worth less than 40% of what it was worth at the beginning of THIS YEAR.
Communities should be able to trade in alternate currencies with other communities if their communities agree to do that -- kind of like using traveler's checks.
Regional currency seems to be working well in Europe, except for the depreciation rate imposed that could inhibit savings for expensive purchases; and, to try to avoid that loss of value, buying stocks as a way to save might result in even more lost value:
Sponsor: http://HomelandStupidity.US - Unlike Washington's unbacked currency this one is labor-backed. It's not as local as Ithaca Hour, not dollar- denominated either. It's called the "Anarcho Jesse Labor Note" and is backed by the labor of one man. I bought 10!
Did you know that the Federal Reserve outsources both the ink and paper to make U.S. dollars.
And it cost more to create a one dollar bill than that dollar is worth.
No, I didn't know that but think I heard that they outsourced the plate engraving -- or was it the US seal? Might be the plates and the seal engraving/molds are being outsourced. Sounded to me like an open invitation for a foreign counterfeiter or state document forger. Everything about their system is beyond stupid and gangsterism.
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"They're on our left, they're on our right, they're in front of us, they're behind us...they can't get away this time." -- Col. Puller, USMC
I love these people for doing the exact right thing. This is one small step for man that could lead to a tremendous leap for mankind.
We must rid ourselves of the usurious FEDERAL RESERVE before it sells our ASS (country) to the Chinese, Russian, or Japanese john's looking to screw somebody on the cheap !
Thanks for this vid !!!
"Politics and Religion are the building blocks of slavery and oppression. Greed is the mortar that bonds them" and bankers are the masons with trowels in hand !
You're very welcome. You might remember this video and short story from an earlier discussion but I can't remember the topic(s) I posted them in. Here they are again for anyone who's interested in the subject of alternative currencies. The video is about an alternative currency in the UK and is almost a half our long but a good program that discusses too how society is negatively affected from the dysfunctional fiat money system:
Castles with walls 20ft. thick were built 500 years ago with massive blocks of stone to provide the best possible protection. A siege, if extended long enough, forced the surrender of those inside the castle sooner or later. But it was tedious, expensive and time consuming. Soldiers out in tents holding the siege froze their butts off while those in the castle had a good time.
But there was no need to hold a long, expensive siege. There was a better way to conquer what appeared at first, to be unconquerable.
While a thick wall might seem impenetrable, a simple shovel and a fire allowed these massive buildings to be conquered. A tunnel was started under the corner of the castle wall from far enough away from the deadly arrows volleyed by castle archers. During construction the long tunnel was shored up with heavy timbers. When the tunnel penetrated far enough under the wall, a fire was built to destroy and the weaken timbers. When the tunnel collapsed it brought down the corner of the castle into the tunnel. Once the wall began moving, nothing could stop it. A partial collapse of the wall was enough to allow soldiers to enter and take the castle. Do you see the key element here? Once the wall began moving nothing could stop it.
Soon castles would no longer be constructed due to the great cost of construction, as well as not being 100% secure. So where's the messenger when all this is happening? He's standing out there in the woods, giving soldiers shovels and explaining to them the steps they need to do.
Messengers come in all forms, shapes and sizes. Every problem no matter what it is, has a solution. Sometimes a little time is needed to solve it.
Found the thread with the short story and video above and am re-posting links for 2 articles at YES! magazine (mentioned in the vid @ 21:41-22:45) that I think are very good:
"Politics and Religion are the building blocks of slavery and oppression. Greed is the mortar that bonds them" and bankers are the masons with trowels in hand !
What the government and the bankers call "counterfeit," I call "competition currency." Under the terms of the Constitution Federal Reserve Notes (which are not really "notes" within the legal meaning of the term), Federal Reserve scrap paper is just as much counterfeit as that which someone makes with their own printing press.
Liberty is not a means to a higher political end. It is itself the highest political end. Lord Acton
He (Gordon Duff) also implies that forcibly removing Obama, a Constitution-hating, on-the-down-low, crackhead Communist, is an attack on America, Mom, and apple pie. I swear these military people are worse than useless. Just look around at the condition of the country and tell me if they have fulfilled their oaths to protect the nation from all enemies foreign and domestic. OsamaBinGoldstein posted on 2010-05-25 9:39:59 ET (2 images) Reply Trace
Indeed. But intrinsically the Fed is robbing other nations too and the people thereof.
Agreed ... they and their brethern CENTRAL BANKS have fleeced the entire world with the exception of a very few mostly oil producing countries.
"Politics and Religion are the building blocks of slavery and oppression. Greed is the mortar that bonds them" and bankers are the masons with trowels in hand !
Federal Reserve scrap paper is just as much counterfeit as that which someone makes with their own printing press.
Fed Res scrap paper is worse than counterfeit with its usurious loan sharking burdens, fractional banking nuttery, and economic craziness. Alternative currencies are, like you said, competition -- not counterfeit. The LETS system and Four Corners Exchange, for instance, are kind of like trading stock certificates that are backed by actual time investments for services already rendered. Even money backed by Goodwill to improve communities is more valuable than gold and silver without all the socially deteriorating drawbacks of greed and whatnot attached to fiat FRNs devoid of ethics. Some businesses even have an account called Goodwill that they count as an asset.
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"They're on our left, they're on our right, they're in front of us, they're behind us...they can't get away this time." -- Col. Puller, USMC
Notice how it was stated that there's nothing illegal as long as the FedGov collects taxes.
The FedGov should cooperate and accept taxes paid with alternate currencies. Would be like doing itself a big favor -- more people would be working and transacting and the economy would be flourishing.
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"They're on our left, they're on our right, they're in front of us, they're behind us...they can't get away this time." -- Col. Puller, USMC
The FedGov should cooperate and accept taxes paid with alternate currencies
The FedGov is the Federal Reserve. People just don't know that; that's all. They make the rule and call the shots. Congress and the president are just their puppets.