The DEBT COMPLEX

The DEBT COMPLEX from MTKander

Everything around you, the items humans produce and exchange with one another, is currently priced in, what I like to think of as, debt currency digits. This situation did not come about overnight but a slow methodical progression to dominance over the hearts and minds of everyone.

Let us take a second to review the origin and creation of these debt currency digits…

Storing energy for consumption at a later date has always been a priority for humans. This stored energy enabled man to survive and thrive in the ecosystems in which we encountered. Various forms of stored energy existed, but the need to transfer and exchange this stored energy created the term “money”.

Naming, calling or defining something as “money” does not make that item a store of energy. The Chinese were the first to experience the effects of using definitions to dictate human desires when in 1024 AD the regime at that time created fiat currency, by declaring, from nothing, that the region will use pieces of paper, limitless in supply, to transact the various forms of stored energy. Of course this situation did not benefit the individuals acquiring this fiat but certainly supported those who were able to create it from nothing and trade those units for goods and services.

Nearly 1,100 years later we are able to research and review the impacts and effects of this “let it be done” (fiat) money. Ralph T. Foster recently authored “Fiat Paper Money – History and Evolution of Our Currency” the first and most complete authoritative book on the background and evolution of fiat currency notes throughout history.

The implementation, use and failures of fiat currency over time did not stop those who desired the power of creating something from nothing in order to disproportionately acquire more energy for themselves.

The fait accompli was accomplished by mischievous individuals when 97% through the year 1913, President of the UNITED STATES OF AMERICA signed into law the Federal Reserve Act. Within days of its signing, the first issuance of debt currency created (what we call money today) the federal reserve note (frn).

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The Daily Coin

Rory Hall, The Daily Coin. Beginning in 1987 Rory has written over 1,000 articles and produced more than 300 videos on topics ranging from the precious metals market, economic and monetary policies, preparedness as well as geopolitical events. His articles have been published by Zerohedge, SHTFPlan, Sprott Money, GoldSilver, Silver Doctors, SGTReport, and a great many more. Rory was a producer and daily contributor at SGTReport between 2012 and 2014. He has interviewed experts such as Dr. Paul Craig Roberts, Dr. Marc Faber, Eric Sprott, Gerald Celente and Peter Schiff, to name but a few. Don't forget to visit The Daily Coin and Shadow of Truth YouTube channels to enjoy original videos and some of the best economic, precious metals, geopolitical and preparedness news from around the world.