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MONEY
mnandii
#1 Posted : Thursday, April 03, 2014 11:57:32 AM
Rank: Elder


Joined: 10/11/2006
Posts: 2,304
It is important to understand what money means. Does a Central Bank system make a few people rich and the rest poor? Why should you money lose value over time through the effects of inflation? Shouldn't we rather have a money system that increases value with time?

If you are working class and you keep money aside for your retirement, do you think it will reach a point where your savings will be enough to take care of you in your sunset years?

It is as simple as this:

Quote:
Sound money (policy) means economic prosperity and limited government.

Unsound money means inflation, recessions and depressions and big government.


What sort of system do you want for your children?

NB: The video is based on the US system but it applies to all states with a Central Bank system.

Money, Banking and the Federal Reserve
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
mnandii
#2 Posted : Thursday, April 03, 2014 12:48:42 PM
Rank: Elder


Joined: 10/11/2006
Posts: 2,304


Quote:
Perhaps you've already spotted the screamingly obvious before and after at the vertical line near the center. It pinpoints 1913 -- the year when two huge changes in turn changed history.
1. The federal income tax became a Constitutional amendment.
2. Tax policy changed to "collection at the source."

Before then, the main source of federal revenue had been the import/export tax, or tariff. But in 1913, employers became the "source" of "collection" -- they deducted income taxes from employees.
Meaning, when you get paid the government gets paid -- except government gets paid FIRST.


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Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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