Down We Go, Into the Hole, Follow the White Rabbit (Part 1)

This is going to be a trip, buckle up buckaroos, it's gonna get dark, make sure to bring your pitchforks and torches...

We start this piece off with a twist of irony.

IF we are to believe the prevailing, publicly-dispensed narrative surrounding fiat money, then we have a serious problem, when logic is introduced. Don't be alarmed, this is going to hurt, but every illusion is broken eventually, one way or another. Wouldn't you prefer to have your illusions about "money" broken? Wouldn't you rather pick up the pieces, yourself, and build impenetrable armor out of the shards left behind?

No one can hurt you if you understand how the game is played. These are social games, but, for the purpose of LeoFinance, I am approaching this topic from a financial-oriented perspective, not a political one, at least for now.

(Side note: these graphics Leo team put together are fantastic ^)

From a very young age, we are taught different things about money, whether it be that money is a tool used to purchase or pay for goods or services, or that it is the root of all evil in the world, it doesn't really matter, in the big picture. What matters is what happens after we become adults, thrust into the so-called "real" world.

The "real" world is nothing but the physical manifestation of other life. End of story. You are your own creator. You manifest your own reality within your own life. No one else should be of concern. You should pursue what interests you, not what pays you "money."

Money is a mind-trick, at least in a centrally-controlled system, that is. See, the trick, is that the financial comptrollers of the world have convinced you that your country's respective currency has value. That's false. It doesn't. Value is in the eye of the beholder. If an American travels to Russia, and wants to purchase food from a grocery store, to feed themselves, they cannot use US Dollars to pay the grocery store. It doesn't work that way. Fiat currencies do not have convertibility.

Before you ask, what i mean, is, you can't use a fiat currency (in 99% of situations) in another country, outside of that within which it originates. Euros are worthless in Canada. Yen are worthless in Europe. Yen are worthless in Australia. It has no intrinsic value, it is paper. This, completely unlike how many countries operated, before the coerced acceptance of a US Dollar as the reserve currency of the world.

In 1912, something terrible happened. A group of the wealthiest of the wealthy banking interests in the world, met on Jekyll Island, which is a tiny island off the coast of Georgia. Jekyll Island is home to the creation of our current system, within which most of us have been trapped our whole lives.

Before 1913, the US Dollar was redeemable for a certain quantity of physical gold bullion. Before 1913, the US federal government did not collect so-called "income tax." Before 1913, the United States Treasury had some control over the minting of money, and therefore, the so-called "money supply." The money supply is an illusion. Most of the so-called money that exists in the form of US Dollars, exists only a computer screen, displaying digits.

If you go to a bank branch, right now, and ask to withdraw $100,000 from a checking account, in non-sequential bills, you will be put on a list. I'm not saying that to scare anyone, I'm saying it as a fact. You will be put on a list, even if you ask for it to be paid out in sequential bills, the same result will take place. You see, most banks don't carry much physical, paper cash on-hand. The reason for this, is because all publicly-usable banks in the United States, (namely the big ones: WellsFargo, JP Morgan Chase, Citi, GoldmanSachs, and Bank of America) are connected via back-end software.

Before you ask, that software they're all depending on, has its beginnings in the 1970s. The commercial banks have not kept up with the times. In Latin America, for contrast, digital, or neo banks, are all the rage. A couple great couple examples would be Nubank and PagBank, versus something like Chime in the United States. Because access to banking services is just as important as having a stable currency that maintains its purchasing power, and rises and falls relating to the business cycle.

In theory, your money shouldn't lose purchasing power over the short term, because, that would imply that the currency creator is inflating the supply. With fiat currencies, that is all the money printers can do. The problem with central planning is that it never works, and always makes things worse.

The way we are taught to approach money will affect our perception of what money is

If we are taught that money is scarce, and therefore we must hoard as much of it as possible to prepare for future hardship, then we will always obsess over acquisition of money, rather than focus on the work that will attract it. Creative minds know this part exceedingly well. Anyone who is a writer, knows the world is harsh and it takes time and effort to build anything that will last. So when we are brainwashed as children into believing that money is scarce, we become part of the population that does not see abundance as a fundamental possibility.

Money is not scarce, effort is. At least, practical effort, any sort of personal creation, is effort at its foundation. You might not think something is valuable or worth any money, but that's just your opinion. Someone else might completely disagree with you, and place a value on that thing you believe is worthless.

Value is in the eyes of the beholder, as I said before. If you think something has value, then it does. It's as simple as that. You don't need a government or a central bank telling that something has value, for it to have value.

The thing is, it works the other way around too. Just because the Central bank or government SAYS something has value, does not make it so. That is merely their personal opinions. Personal opinions are valueless to other people. So, why believe that the US Dollar has intrinsic value when you can't redeem it for any equivalent value in gold, let alone silver? If you can't exchange something for hard money, then it isn't equivalent. To think that gold and silver aren't money, and paper cash is? That's nonsense. Think about it logically, a piece of paper does not have the same value as an ounce of gold.

To be continued...

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