Bolivias Wealth
Evo Morales has the opportunity to enrich his people; the citizens of Bolivia, and at the same time make the country a beacon of free enterprise and capitalism. What! Yep, in a course that he is very likely being advised to follow, he can place hard money in the hands of the citizenry from bottom to top. He can advocate the circulation of silver coins in the economy.
The simple act of introducing silver, along with the prevailing currency, is being proposed for Latin America
Bolivias Wealth
Evo Morales has the opportunity to enrich his people; the citizens of Bolivia, and at the same time make the country a beacon of free enterprise and capitalism. What! Yep, in a course that he is very likely being advised to follow, he can place hard money in the hands of the citizenry from bottom to top. He can advocate the circulation of silver coins in the economy.
The simple act of introducing silver, along with the prevailing currency, is being proposed for Latin America by Hugo Salinas of Mexico and it will bring enormous prosperity to Bolivia and put the power (real money) directly into the hands of its people. It was sound money that made the United States so wealthy in its day, and England before that.
Few people know that Sir Isaac Newton was the one who came up with the precious metals standard at the request of the king of England. It was a great accomplishment with far reaching consequences and it led to a couple of the wealthiest nations in all of modern history when combined with English Common Law, namely England and The United Snakes of America.
The biggest travesty with the present day Globalization the world is suffering under, is the disappearance of authentic money of value and the domination of fiat currency in its place. Without sound money there are no free markets and no capitalism. What we have today is Fiat Capitalism or State Capitalism, which is a total mockery and the very antithesis of free market enterprise.
In a capitalistic system no one gets anything for nothing, that is true. Everything is exchanged value for value. As it is now however, governments and banks (Banksters) get unlimited free money while everyone else has to pay with their hard earned goods and services. This system enslaves the vast majority of people on the planet and puts everyone in debt. You are in debt, arent you? You hate capitalism? You probably dont even know what it is! Real money was taken away starting in 1933 and finished in 1971.
How does having a few pieces of silver help the little guy? Well its a long story but for one thing he has a store of savings in that silver coin. Unlike printed money, silver holds its value over decades and centuries and more. Silver is unencumbered wealth. Bank notes are a broken promise, pure debt and a lie and a fraud.
Then again individuals and companies from all over the world begin to cater to the person who holds actual wealth and they try to please him and satisfy his needs with their products and services, in exchange for his silver. Also he doesnt have to leave his country to look for wealth since wealth is at hand on every corner when silver is in circulation. Smart people will figure out how to provide needed products and services locally to accumulate more wealth.
Why should a Bolivian think his money is garbage when he goes out into the world at large? Why should he travel with dollars? Why not carry money that everyone on the planet will work for even though it has Bolivian symbols and hallmarks. Why shouldnt the average person have hard assets? Why indeed?
We are living on the Plantation and working in the Salt Works of the National Security State (NSSA). Everyone is paid in company script and must purchase at the company store. We will never get out of debt under this system! The Oligarchs thrive.
Let me add just a few paragraphs directly from Hugo Salinas from an essay posted in 2002.
All countries of the world, with the exception of the U.S., are very concerned about their exports. This is irrational and denotes a pathological condition in their economies.
"There is no country in the world with the exception we just noted where the government is not striving to promote exports. Exports have become the sine qua non or essential pillar of prosperity. We might say that the center of gravity of each of the national economies of the world is not to be found within each country, in production and consumption for its own use, but rather outside its borders, in exports. We are, each and every one, off-center and unbalanced, seeking the market for our production outside our borders. And we are all also unbalanced even in a psychological sense seeking foreign investment to promote our progress.
"This aberrant situation is the meaning of globalization. Globalization means that no country is solidly built upon its own foundations, but rather that its center of gravity is outside its borders. Globalization is a sickness, not a sound condition or process.
"The cause that promotes this sickness is the worlds monetary system. The U.S. manufactures dollars, which are the principal reserve currency of all countries in the world. Without dollar reserves, any currency collapses: all currencies are paper and nothing more. Dollar reserves are indispensable. In order to have reserves, it is necessary to export more than is imported. All countries in the world, the U.S. excepted, seek to export more than they import.
Good stuff about ones center of gravity being outside of oneself! Taoist masters tell us the same thing. We are unbalanced, even psychologically, by the present state of affairs. We are disturbed. Believe it or not folks, free markets still can make an enormous contribution to mankind in the 21st century.
Shhh. The Banksters and the government want us to move very slowly on this. Why, we could upset someone with this revolutionary talk. It would be like 1776 all over again. What is the speed of the market in the 21st Century? Goodness knows.
What if a Free Market cartel were to move in on Washington, like a sheriff in Dodge City, waving the badge of the U.S. Constitution? Busted. Ninety-five percent of what the U.S. government does is actually unconstitutional, including this monetary fraud. A constitutional movement could shut them down. We the people would discover we actually have a voice in our own affairs. The alternative, after all, is to let the enemies of the government dictate terms to the U.S. since we could not get our own house in order.
Evo, Bambino enrich your people by legalizing the use of silver too!
Last but not least here is a quote from Morgan Reynolds (Former U.S. Chief Economist at the Department of Labor 2001-2002, Ph.D. Economist and Professor Emeritus at Texas A&M University) in reference to the Liberty Dollar in the U.S. we need a bottom-up, inflation proof, market driven money, not a top-down, debt based money controlled by the power elite. Let the competitive market in money roar!"
Currency as Imperialism
Submitted February 20, 2006 - 5:54 pm by Benjamin MelançonThere is no question that breaking free of a currency system jealously controlled, globally, by a tiny elite is ultimately a matter of life and death for movements toward autonomy, freedom, and justice in Latin America or anywhere.
I do want to know, though, if Bolivia has the silver left to do this with coin?
Is currency backed by something other than precious metals-- after 500 years of mostly European exploitation in Latin America alone it will be a hard matter to redistribute them fairly-- the only option? Could a currency based not on the bluff and military power of the U.S. or other nation, but the productive capacity of specific communities, also bring the benefits of local economic development?