Where that money comes from, which we use to pay for something, is the question.
Jan 24, 2009
Dear Gee,
Money is a commodity which we use as a medium of exchange, ie:
if something has to be paid for we use money.
Where that money comes from, which we use to pay for
something, is the question.
If it comes from a loan, then it is a debt owed to the lender
by the borrower.
If it doesn't comes from a loan but from somewhere else (as a
payment for something done or something bought), then there is no
debt.
So, I suppose we're looking at 2 distinct and separate
concepts, ie: (i) the creation of the money, itself, and (ii) the exchange of
it, once it has been created.
At the creating of it level, (i), one has to track back to how
it was created, ie: by a Mint or by Private Banks.
At the exchanging level, (ii), the money already
exists.
The Mint has the approval of the People to create money....but
the Private Banks do not.
The Mint-source money is legally created ... but the Private
Bank-source money is illegally created, ie: fraud.
When the Mint creates money, there is no debt because the Mint
is of/by/for the People and the People can't be in debt to
themselves.
Mint-source money is directly available to the People, as a
gift or as a loan.
Mint-source money is also indirectly available to the People
through the Banks, as a gift or as a loan.
When Mint-source money is lent out, to be repaid, a fee can be
charged for providing and/or servicing that loan.
Charging interest is illegal - unless, of course, the borrower
agrees to pay interest .... and, if so, that interest must be a sum certain in
money.
When the Private Banks create the money and lend it, the Banks
insist the borrower has a debt to those Private Banks....but, because that money
is created by them is illegal (ie: fraud), the debt is illegal,
too.
However, the Judges are partners-in-crime with the Banks, and
Justice is denied to anyone who wants his Rights protected and the Wrongs
against him punished.
However, however, the remedy is there. We've just got to make
it so.
Yours sincerely,
John Wilson.
To unsubscribe from this mailing list, please click "Reply" and type in the
word "UNSUBSCRIBE" under "Subject".
No virus found in this incoming message.
Checked
by AVG - http://www.avg.com
Version: 8.0.176 / Virus Database: 270.10.12/1911
- Release Date: 1/23/2009 7:28 AM
[back to articles]
|
