Sound money should be the only acceptable means of payment or credit used during these insane times when all major countries are fighting to survive with “record setting” government debts. Governments must all revert back to a sound money system to regain fiscal control over their spending habits or face losing everything.

Money – The Beginning
In the distant past, man used bartering and trading as acceptable forms of payment for goods and services. Many items traded included sea shells, salt, tobacco, herd animals, beaded belts, gem stones and gold. This worked well at the time, however there needed to be a better more convenient way to make transactions.
Coins became the first answer to make the exchange of goods and services more convenient. In 600 B.C. the first minted coins appeared, they were minted from an alloy called electrum. This was a combination of gold and silver. Each coin had a specific weight of 4.7 grams and acted as a medium of exchange, division of payment and was also capable of maintaining its value. From the time coins were first minted they gained popularity becoming the best form of money all the way into modern times.

What is Sound Money
In 400 B.C. Aristotle defined what sound money was and what characteristics were necessary to insure sound money. He said that sound money must incorporate all 7 of the following properties…

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Inflation is a serious problem that will affect any society overtime. Serious monetary stresses are created that will affect the most basic of needs such as food for your family to eat, fuel for your car or medicine to keep you alive. Inflation makes the prices you pay increase on the exact same products or services you were buying or using before. Most people will realize these price increases as they reflect on what these items had cost them only 1-2 years ago. Why?
Inflation is created by directly increasing the money supply in an economy. When this happens it creates a watering down affect on the money supply. If you take newly created dollars and add them to the economies money supply, along with all the other dollars that were already there, we get the total money supply…


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The Federal Reserve is one of the largest problems facing America today. The one question many people ask is what does a Federal Government Bank have to do with our nation's problems? For starters it is Federal in name only.
The Federal Reserve Bank is not part of the US Government. It is actually a privately owned corporation and international bank that was created by Congress in 1913. The passage of the 16th amendment was passed rather shadily, and according to some, illegally. Furthermore it was given the exclusive rights to "print money" for the U.S. Government by Congress, during the Christmas break in 1913 when most of the representatives were on vacation.
Before the creation of the Federal Reserve the power and responsibility to print our nation’s money was done by the Congress of the United States. Sadly since the time when the Federal Reserve was given the power to operate the printing press, the people of America have continually been charged interest on every dollar ever printed…

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Like many others, I was educated in the US public school system. It seems however, one very important subject had never purposely been taught in our schools. That subject being the history of money and attainment of wealth.
The biggest reason public educators never approached this subject was that monetary history was taught privately and only to the elite one percent of the world’s society. Meaning only the ultra rich were privy to this closely guarded information. The other 99% of us were basically “shit out of luck”. Monetary history and wealth generation were spoon fed to the elite one percent. Once they entered society they used this valuable information strictly to their advantage, allowing them to earn 90% of the total wealth generated on the planet…

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There are two schools of thought as to why gold has been rising and catching the interest of hedge funds and investors alike. First, interest rates that have been at negative levels. Secondly, gold that maintains its true value over fiat currency. The faster fiat currency is produced, i.e. US dollars, euros, British pounds or the Japanese yen, the faster and deeper deflation will set in.

We are currently living in very unstable, faltering, unprecedented times. The continuous uprisings and unrest in Greece over currency devaluation have motivated and created fear. It’s expected that people will again turn towards the one thing that has stood the test of time, an element, which will not only to increase their wealth but also to protect it.

Analysts suggest a state of deflation which will cause a double dip recession to form within the months to come…

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America has had a history of fiat currencies dating back as far as the American Revolution. Even before America’s colonists won their independence from the British. It was in 1775 that the Continental Congress attempted creating its first fiat currency, the Continental.

During the early days of the Revolutionary War the American colonists were having serious trouble financing the revolution. Efforts to acquire additional money from England were slow at best. Furthermore the Continental Congress was forbidden to directly tax the colonists for war funding efforts. A solution for this immediate problem was finally created. The answer was to issue paper currency or bills of credit. This new money was called “Continental Currency” nicknamed Continentals, which became America’s first attempt at the use of fiat currency in the new America. At the time there were many congressmen who realized that over issuing paper currency was just a hidden form of taxation…

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For decades now, the world has been partying wildly, while drinking from the proverbial punch bowl of good times. Ever since the gold window was closed by President Nixon in 1971 governments have increasingly relied upon deficit spending and avoided any real attempts to pay it back. As the saying goes “sooner or later you have to pay the piper”. Sadly, the only forms of payment that have ever been paid towards all of these national debts, has been with fiat currency. In essence, more borrowed money.

The politicians want your votes and they want to keep their cushy jobs full of perks for an eternity. The only way they can guarantee their own job security is to promise the populous everything and constantly go on a deficit spending spree to pay for it. If you’re happy, they remain in their cushy jobs and the cycle just keeps repeating each election year. The Fed is obligated to the politicians; they insure an unlimited supply of fiat currency is available for the politicians to fund all the government programs and handouts…

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