I have been convinces for a long time Covid is a Banskters hoax. It is solved by changing the money creation system. The Banksters want, and need, to control us like chattel under the current system. Listen to these, and share them to everyone:
⁣https://brandnewtube.com/watch..../why-they-have-to-op
⁣https://brandnewtube.com/watch..../why-they-have-to-op

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Shipwrecked with a Chest of Gold Coins
You and nine of your mates wash ashore with a treasure chest containing 100 gold coins. You decide to divide the coins and the essential tasks equally among you. Your task is making the baskets used for collecting fruit. You are new to the task and manage to turn out only ten baskets the first month. You keep one and sell the others to your friends for one coin each, using your own coins to purchase the wares of the others.

So far so good. By the second month, your baskets have worn out but you have gotten much more proficient at making them. You manage to make twenty. Your mates admire your baskets and say they would like to have two each; but alas, they have only one coin to allot to basket purchase. You must either cut your sales price in half or cut back on production. The other islanders face the same problem with their production potential. The net result is price deflation and depression. You have no incentive to increase your production, and you have no way to earn extra coins so that you can better your standard of living.

The situation gets worse over the years, as the islanders multiply but the gold coins don’t. You can’t afford to feed your young children on the meager income you get from your baskets. If you make more baskets, their price just gets depressed and you are left with the number of coins you had to start with. You try borrowing from a friend, but he too needs his coins and will agree only if you will agree to pay him interest. Where is this interest to come from? There are not enough coins in the community to cover this new cost.

Then, miraculously, another ship washes ashore, containing a chest with 50 more gold coins. The lone survivor from this ship agrees to lend 40 of his coins at 20 percent interest. The islanders consider this a great blessing, until the time comes to pay the debt back, when they realize there are no extra coins on the island to cover the interest. The creditor demands lifetime servitude instead. The system degenerates into debt and bankruptcy, just as the gold-based system did historically in the outside world.
Now consider another scenario . . . .

Shipwrecked with an Accountant
You and nine companions are shipwrecked on a desert island, but your ship is not blessed (or cursed) with a chest of gold coins. “No problem,” says one of your mates, who happens to be an accountant. He will keep “count” of your productivity with notched wooden tal- lies. He assumes the general function of tally-maker and collector and distributor of wares. For this service he pays himself a fair starting wage of ten tallies a month.

Your task is again basket-weaving. The first month, you make ten baskets, keep one, and trade the rest with the accountant for nine tallies, which you use to purchase the work/product of your mates. The second month, you make twenty baskets, keep two, and request eighteen tallies from the accountant for the other baskets. This time you get your price, since the accountant has an unlimited supply of trees and can make as many tallies as needed.

They have no real value in themselves and cannot become “scarce.” They are just receipts, a measure of the goods and services on the market. By collecting eighteen tallies for eighteen baskets, you have kept your basket’s price stable, and you now have some extra money to tuck under your straw mattress for a rainy day. You take a month off to explore the island, funding the vacation with your savings.


When you need extra tallies to build a larger house, you borrow them from the accountant, who tallies the debt with an accounting entry. You pay principal and interest on this loan by increasing your basket production and trading the additional baskets for additional tallies. Who pockets the interest? The community decides that it is not something the tally-maker is rightfully entitled to, since the credit he extended was not his own but was an asset of the community, and he is already getting paid for his labor. The interest, you decide as a group, will be used to pay for services needed by the community -- clearing roads, standing guard against wild animals, caring for those who can’t work, and so forth. Rather than being siphoned off by a private lender, the interest goes back into the community, where it can be used to pay the interest on other loans.

When you and your chosen mate are fruitful and multiply, your children make additional baskets, and your family’s wealth also multiplies. There is no shortage of tallies, since they are pegged to the available goods and services. They multiply along with this “real” wealth; but they don’t inflate beyond real wealth, because tallies and “wealth” (goods and services) always come into existence at the same time. When you are comfortable with your level of production — say, twenty baskets a month — no new tallies are necessary to fund your business. The system already contains the twenty tallies needed to cover basket output. You receive them in payment for your baskets and spend them on the wares of the other islanders, keeping the tallies in circulation. The money supply is permanent but expandable, growing as needed to cover real growth in productivity and the interest due on loans. Excess growth is avoided by returning money to the community, either as interest due on loans or as a fee or tax for other services furnished to the community.

Where Would the Government Get the Gold?
In the real world, with no treasure chest floating ashore, a government that tried to switch to an all-gold currency would face another challenge, and this one would appear to be insurmountable: where would it get the gold? The metal would have to be purchased, and what would the government use for this purchase if Federal Reserve Notes were no longer legal tender? In the worst-case scenario, the government might simply confiscate the gold of its citizens, as Roosevelt did in 1933; but when Roosevelt did it, he at least had some money with which to pay for it. If gold were the only legal tender, Federal Reserve Notes would be worthless.

Assume for purposes of argument, however, that the Treasury did manage to acquire a suitable stash of gold. In 2007, all of the above- ground gold in the world was estimated at less than 6 billion ounces (or about 160,000 UK tonnes), and much of it was worn around the necks of women in Asia, so acquiring all 6 billion ounces would obviously be impossible; but assume the U.S. government managed to get half of it. At $800 per ounce (the December 2007 price), that would be around $2.4 trillion worth of gold. If all 12 trillion dollars in the money supply (M3) were replaced with gold, one troy ounce would have a value of about $4,000, or 5 times its actual market value in 2007. That means the value of a gold coin would no longer bear any real relationship to “market”

conditions, so how would this laborious exercise contribute to price stability? If the goal is to maintain a fixed money supply, why not just order the Treasury to issue a fixed number of tokens, declare them to be the sole official national legal tender, and refuse to issue any more? The government could do that; but again, do we want a fixed, non-inflatable money supply? It was evident even in medieval times that when a “fixed and stable” supply of gold coins was lent at interest, the lenders would eventually wind up with all the gold.

Some gold proponents have proposed a dual-currency system. (See Chapter 35.) The fiat system would continue, but prudent people could convert their funds to gold coins or E-gold for private trade. The idea would be to preserve the value of their money as the value of the fiat dollar plunged, but what would be the advantage of trading in a gold currency if the fiat system were still in place? Why not just buy gold as an investment and watch its value go up as the dollar’s value shrinks? The gold could be sold in the market for fiat dollars as needed. Again, you can capitalize on gold’s investment value without having to use it as a currency.