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| Joined: | Mon Nov 21st, 2005 |
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The bottom line there is the same thing as following the money to it's source.
The case of "The Dollar" the money, the dollar, is followed to "The Treasury" at U.S.A. Inc. and this is where "The Money Supply" is increased as "The Fed" buys "Treasury Bonds".
Bear with me here and please consider using your own brain to figure this out too, I have not worked on this in awhile, so the puzzle pieces are scattered again.
Piece number one should be, and this piece must fit in somewhere, and it must fit in the right place, or the picture won't be recognizable, piece number one is the power to produce things that the power to purchase can purchase.
1. Power to produce
That is piece number one and failure to have that piece in place, at the start, may be a beginning of confusion as all the other pieces are dumped out randomly.
Number two on the list is the power to purchase and this power has to be powerful or it isn't a power, this power only becomes a power to purchase when it measures up in that capacity.
2. Power to purchase
Since Gary North gave you the "pot at the end of the rainbow" with is humorous phone call article from China to "The Fed" chairman in good ole' U.S.A Inc., since Gary North did that, he accomplished the "follow the money (power to purchase)" chore to the source of it - where the power to purchase is produced.
The power to purchase is produced at The U.S. Treasury. They, at the U.S. Treasury, produce Treasury Bonds - which have the power to purchase. That is the story there, and that is what I call "The Magic Check Book" which is a term I got from this link:
Kurtz in Apocalypse Now, know the answer to this question.
How can those people, those people who are at the end of the money trail, the "follow the money" to the source money trail, how can those people not be in the same game as the "follow the money" trail leads back to "the people who get the debt payments for The National Debt"?
The saying "we owe it to ourselves" is often regurgitated by people.
The National Debt of U.S.A Inc is a known amount of "dollars" owed by someone to someone, and at this time I'm throwing out one more piece of the puzzle.
1. Power to Produce (control this and you control the power to produce money)
2. Power to Purchase (otherwise known as money)
3. Competition (China can be seen as a competitor, so can Europe, and U.S.A. Inc)
4. Deception (also known as falsehood and "joined at the hip" is violence - falsehood and violence are linked forever together as one - might as well be one)
If you can control deception you can control competition, and if you can control competition you can control the power to produce, and if you can control the power to produce you can control the power to produce the power to purchase or you can produce money - The Magic Check Book.
Gary North gave you a look at The Magic Check Book, and so did Robert Newman.
If you can control deception (and don't forget the inevitable twin of deception which is violence), if you can control the use of deception (and therefore the use of violence) you can eliminate all but one form of competition.
You can fool (with deception) or destroy (with violence) the competition with deception (and the twin of deception which is violence).
U.S.A Inc. can destroy China or visa verse, and then there is only one left standing - one Magic Check Book.
If there are two Magic Check Books, if U.S.A Inc doesn't destroy China or visa verse - then it may be a good thing, right here and now, to look at what competition does.
If competition exists, if it is a piece of the puzzle, if it is in the picture, if it works, then it does two things (if it isn't destroyed or deceived out of existence):
3. Competition
A. Increases quality
B. Lowers cost (price)
If U.S.A Inc. produces "money" then U.S.A Inc. produces something that has the power to purchase, if it doesn't have the power to purchase then it isn't money - even toilet paper can have some power to purchase in some situations.
There is the measure of money and therefore there is the "quality" of money.
If completion is working (free from deception and the twin of deception which is violence) then the quality of money goes up - money can purchase more, and more, and more, and more, and more, as the quality of money goes up - because completion forces the quality of money to go up.
If the "Dollar" is a better competitor compared to any other competitor, such as the Chinese Yaun, or the European Euro, or the Russian Ruble - then the "Dollar" can purchase more than those competitors.
How can someone, anyone, know which producer in the money completion is winning?
You have to measure the power to purchase by the unit; 1 dollar unit can purchase X. 1 Euro unit can by less than or more than X.
Competition forces the best competitor to produce the most powerful money; where the winning competitor has 1 unit that can buy more than 1 unit of any other competitor.
1 dollar can buy 2 Euros.
If that was true, then the dollar would be twice as powerful as the Euro.
Competition does more, much more, as a human force, as a living force, as a physical power in the known universe (remember things like Evolution).
Competition not only forces quality up, competition also forces cost (otherwise known as prices) down.
If the "Dollar" had a price tag on it where someone buying a dollar had to pay 2 dollars tomorrow for 1 dollar today - then the price would be very high on the "Dollar' competitor.
In 5 days time the Euro would look much better than the dollar if the Euro charged no price (no interest rate).
This may seem like I have placed too many pieces of the puzzle on the table. I'll wind this up, and you can see for yourself if you bear with me a moment longer.
Person A buys a dollar from the producer of dollars at a high interest rate of 1 dollar today must be paid back with 2 dollars tomorrow.
Person B buys 10 euros from the producer of euros at a low interest rate of nothing, the payment of the purchase could be set as "debt", to be paid back, and time is now measurable as a price, "a rate of interest", and for now let's use 10 days.
Person A has one day to make the dollar purchase something that will produce something more than 1 dollar - at which time Person A will have to pay back 2 dollars - or be guilty of failing to pay a debt.
OH MY!
Person B has 10 days to dream up and then execute a plan by which 10 euros are used to purchase something that ends up producing 10 euros.
Which money is better?
Who wins the competition?
You can print your own checks right now. What will you buy? How much can you get away with, when you write zeros on your Magic Check Book account?
This much:
http://www.usdebtclock.org/