It seems to me that there is a lot of interference today!
Sunday afternoon ... I should be chilling out. Here I am writing.
So ... regarding New Earth, problem solving for change. Our currency problem...
I feel that ... our system of currency and value needs some serious overhaul. For one thing, most things nowadays are completly misvalued!! We do not pay what things are worth for them, one way or the other. I mean, we pay too much for the things that should cost less, and we don't value things that are worth a LOT more than the set price, according to 'The System.' More Uranus in Taurus happenings for certain!
I keep looking at the cryptocurrency issue. Sort of. I haven't really gotten that far, in terms of my understanding of it! What exactly is it that backs up its value? I'm not trying to be a smart ass. Really. I just want to know ... this is a very important part of the whole equation for crypto. Because what it is tied to in the real world, is what determines its value!! Do you get this, people who ... blindly back it out of greed and imagination (or just those that don't really know better? Me, I guess).
I saw two intelligent links on this, way worth the read. Countries seriously looking at making cryptocurrency into a legitimate form of payment and working out these valid concerns and with some regulation, which is ABSOLUTELY a good thing... for all of you anarchists out there.
The First Regulated Australian Cryptocurrency Exchange
https://steemit.com/blockchain/@mrblueberry/the-first-regulated-australian-cryptocurrency-exchangeIndian Crypto Regulation Ready By September: Official
https://steemit.com/bitcoin/@important-to-us/indian-crypto-regulation-ready-by-september-official
What I saw "before" ... when y'all arrived in early September 2017. "The Plan" included a new currency backed by silver. To basically "start" a new economy based on the old American system. What I saw was something like a $20,000 per person 'buy in' to a secure silver holding facility, something like a Fort Knox. These people, or 'parties' are capital investors, the ones who 'pay for' the silver. (Where does it come from? I have a few ideas, including funds allocated specifically for the purpose of capitalizing a new monetary system in fairness to all citizens, to start out.) Then money/currency is issued against this silver, in value. This cash in circulation is an important part of a functioning economy and there is no way we need to lose it, in favor of purely credit, electronic banking and cryptocurrency. It is my understanding that this is still part of the plan.
Maybe Bitcoin needs to somehow be aligned with the silver holdings? Like ... whatever exists electronically has to be backed up by something real. It also ties itself to the rest of the system. But I still don't get it - I mean, there may be another way ... but all the currency systems have to be tied to a central bank where value is agreed upon. THIS has been one of the BIGGEST problems the world has had in terms of international/global markets and currencies where they are all valued differently.
Again, we need to have a level playing field, for all participants.
My understanding of Steemit is, you get paid in bitcoin for the value of what you write, and that this whole place becomes a big database of writing and art which is what the value is based on. Did I repeat myself there? My confusion shows the flaws of the whole argument ... or where we are off on this, I suspect.
Uh oh. This is where these incredibly overvalued Steemit articles become a problem. I suspect that THIS is a mirror somehow of the same problem in the outter world. Just being repeated here? For example, how real estate has become so overvalued these days. Or any other "assets" that hold the world hostage with value that is only supported by an elite few.
Anyway...
I think if we can get the bugs worked out of cryptocurrency, we can make it work. However I think one thing to clearly recognize is the danger of conflict of interest regarding only one system of payment and value. I am talking about opening up our system to credible barter and trade of goods and services and even 'other' forms of standardized payment.
Moving on... more to cover.
Did you know that inflation actually helps rich people?
Knowing this, do you realize the potential of those monkeywrenching our system and how they have controlled things in their favor, or purely in favor of the elite? YES, this is conflict of interest. Which basically comes down to using a position of public trust for private gain. YES, it is illegal to do this. There are felony criminal penalties for it, when enforced.
The other question to be asking is, Does this fit in with the Mission Statement of the Constitution of the United States of America? AKA, the Preamble that basically means, quality of life for all that live within this government system?
THIS is the basis of rewriting our government, or reviewing our current system based on the Spirit of the Law. Compare all of our laws and constitutional amendments, yada yada and SEE whether or not they fit, or are in agreement with, the PURPOSE of the document (The Constitution of the United States of America) as described by the Preamble, give or take a few positive evolutionary changes. Expand the definition of quality of life granted not to just the people living within the system but all parts of the system. Yes, that means other life forms and also the environment.
Also, some serious simplification is in order!!
I digress. Or not!
One thing about our location. We have Denver!!
Yeah, so? What's so special about Denver, Colorado?
Well, among other things ...
We have a branch of the Federal Reserve and a branch of the United States Mint!! Convenient, eh? That was not an accident. Or better yet, call it a reflection. Ps. I actually have some photos of the Denver Federal Reserve that I took recently!! I just haven't downloaded them from my camera yet.
Denver City Park at dusk -
Ok. This is really important to understand. Take a breath and let it out.
The Federal Reserve itself, is NOT the enemy!!
The solution is really very simple. What needs to happen is, The Federal Reserve needs to remain in operation, regulating and monitoring our financial system and currency. Again, this is a TOOL of government. As such it serves a valuable purpose. The problems that have existed are due to conflict of interest. That is, corruption and abuse of power.
The Federal Reserve is a private corporation run by board members and shareholders who personally benefit, but it regulates these systems for the public good. We need to de-corporatize the Federal Reserve and keep it in operation. Just change it a little bit!! A slight adjustment.
It would be totally possible to replace the current Federal Reserve with a non profit branch of government under the same name and purpose, still with the idea of a governing board of directors but who would not gain privately, other than as a paid position just like congresspeople and other government representatives or even properly elected officials. Legitimate payrolls are valid expenses of non profits. These are not the same as shareholder profit and they are normally carefully defined by the structure of the non profit.
There is a LOT more to say about all of this. Stay tuned.
(Hi Q!! Love and Blessings...)
LR 7/29/2018
Related:
- Rewriting the Constitution
https://steemit.com/economics/@mymoontao/rewriting-the-constitution
Here's an interesting piece, but ... see what I mean about articles being valued inappropriately? I mean, on the "real" writer's market out there, would someone actually get paid over $1,200 for something like this???
- Thoughts on Currencies and Valuation
https://steemit.com/lif/@chbartist/thoughts-on-currencies-and-valuation
Simple reference: what does the Federal Reserve DO ...
- What is the Purpose of the Federal Reserve?
https://www.federalreserve.gov/faqs/about_12594.htm
Photo credits: Google Images, Facebook, and my private photo collection.