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Question Received Wisdom; Learn What We Don't Know, And Let the Chips Fall Where They May

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Jerry Lobdill
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I also should point out the importance of understanding how fiat money systems work, especially the US Federal Reserve system. This can be accomplished by studying Modern Money Mechanics, as I have discussed in my previous articles and comments at OpEdNews. Without fiat money created by the stroke of a pen or a click of a computer mouse the con game played today by all central banking systems would not be possible. That does not imply that the world should go back to the gold standard, however, as one will discover by reading the recommended books.

Lest I create a false impression, the diagnosis and cure proposed by these "radical" economists is not a new way to proceed. It is based on economic systems that date back some 5000 years. It begins with a simple fact that the modern system steadfastly denies. This fact was crisply stated by Hudson: "Debts that can't be paid won't be paid." Denial of this simple reality leads inescapably to what we see today in the USA and most of the world--a society of haves and have-nots.

Another false impression I want to avoid is that the needed changes can be easily implemented. In fact, I don't know than such a transformation has ever been accomplished peacefully. It would be resisted by whatever degree of force was required, including murder.

What to do? Think about John 8:32 and consider also that "Freedom is not free."

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I am a retired physicist and hold a B.S. in Ch. E. as well. I have been an environmental activist since the early 1970s. I was a founding member of the Save Barton Creek Association in Austin, TX. In 2006 I was a member of a select (more...)
 

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