When I heard news that there will be another Monster Raffle, I was very happy! This is an opportunity to give to the community and share unique silver/gold coins and rounds.
I'm adding to the Monster Prize a 2ozt Silver Round.
Debasement
Debasement is not just the space below a building (lol), but:
Debase has a special meaning in economics: From time to time, governments find that they need to quietly debase their countries' currency by reducing the percentage of valuable metal in its coins; if they don't, the metal may become more valuable than the coin and people will begin melting the coins down and reselling the metal. source
This commentary from merriam-webster.com seems to defend the practice of currency debasement! A hallmark of a fiat-centric economy is a devaluing currency - allegedly balancing between inflation/unemployment. Keynesian macro-economic theory would have us believe we must always choose between the lesser of two evils: inflation or unemployment. Everyone wants to keep their jobs, so inflation it is!
We're suppose to accept that devaluing fiat currency is only natural and right (to fight unemployment) but ut-oh, silver remains valuable! What must we do? Quietly remove the silver content until we're left with nothing but dross.
This happened very suddenly, quietly without much fanfare, in 1964 when all silver was removed from most circulating coinage 1965 and onwards. Some silver (40%) remained in the half-dollar coin until 1971 until it was completely removed.
Smart families exchanged their paper dollars (or 1965 coins) for silver coins and those who held on to it today has enjoyed inflation-proof money all that time! A $0.25 silver quarter still has the value to purchases a gallon of gasoline, even today!
The Black Horse
The four horsemen of the Revelation (apocalypse) includes the white horse, whose rider conquers, a red (firey) horse whose rider takes away peace from the earth, and a black horse whose rider is holding scales.
I believe that the debasement "correction" is this event recorded in prophecy.
I looked and saw a black horse, and its rider held in his hand a pair of scales. And I heard what sounded like a voice from among the four living creatures, saying, “A quart of wheat for a denarius."
A "quart" is the greek word "choinix", which would be similar to the modern "dry quart" or 37 oz weight. That's about 2.3 lbs or 1.049 KG
A "denarius" is a small silver Roman coin weighing about 4.5 grams or 0.144 ozt.
On a scale, the ratio would be 233x. We're talking about wheat 233x it's weight in silver!
This 2 ozt silver round is the weight of about 14 denarius and would have the purchasing power to provide 14.5 kg or 32 lbs of wheat.
With rising food prices, what will 32 lbs of wheat be worth? As currency becomes worth less and less, how many fiats will it take to purchase even ONE pound of wheat?
Happy to provide this DEBASEMENT-PROOF Round
Somebody will be holding this chunky two oz round in their hands, with the rotting corpse of Caeser on the obverse and a (black?) horse on the reverse.
People are waking up and those who are wise will preserve their wealth in WEIGHT and not in ink or ledger.
. Father of SIX wonderful children. The guy behind the camera. Blockchain enthusiast.
Bless the Most High!
Teach Your Children Liberty from Sin
We encourage parents to teach their children principles of Godliness, beginning with the Word and an understanding who God is and what His Son has done to form a relationship with us.
No one can lay a foundation other than the one already laid, which is Jesus Christ. If anyone builds on this foundation using gold, silver, precious stones, wood, hay, or straw, his workmanship will be evident, because the Day will bring it to light. It will be revealed with fire, and the fire will prove the quality of each man’s work. 1 Corinthians 3:11-13
Teach Your children Liberty from Tyranny
Second to this is the principle of self-determination and freedom, lest we loose the ability to teach our children the first principle in future generations.
Our children read the Tuttle Twin books, specifically to learn libertarian principles, which most people learn later in life. These books are useful for our family, and yours, to teach children concepts that seem complicated, but are made simple in these books. I am an affiliate for Libertas Publishing, your purchase will help our family grow financially.
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It's happening, folks. The banks are going under! To educate our children about what is going on, there is a "Bank Bailout Book Bonanza" going on with the Tuttle Twins! Use coupon code FORTY for 40% off your purchase! Check out the books here.
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