Money is a Product
On one of the forums that I frequent, a long time member stated that he was opposed to non-governmental agents (individuals and groups) being able to make a profit creating money. I have a real problem with that point of view. You see, money is a product.
Money, in whatever form it takes, must be produced by someone. In our current system, the government produces money in the form of Federal Reserve Notes and base metal coins. Most of the money produced costs far less than the face value placed upon it. When the government or its agents use this money, they can make a huge profit. The profit they make would have the anti-corporate types screaming mad if a corporation made that kind of profit.
In addition, just the fact that the government is monopolizing production of the money gives it enormous power, power that is routinely misused. Just look at inflation, the hidden tax, and how much damage it is doing. Oil is as high as it is not due to the cost of pumping it out of the ground, but due to the inflation of the Dollar. In fact, if you adjust for inflation, the price of oil and gas has been holding steady or even declining!
And yet, if no profit can be made, the product will not be produced. This is a generally accepted law of economics, and cannot be stressed enough.
If money were de-monopolized and competition allowed, the misuse of power would necessarily disappear. The incredible profit margins would also disappear. That's one of the "magic" things about the free market - it gives everyone the best possible deal in a fair manner.
So, you should ask yourself which you prefer:
- A monopoly producing money with a hidden profit and unknown power gained
- Competitors producing money with a reasonable profit but no hidden power gain
I know which one I prefer, and here at Shire Silver we are working to implement the second option. Part of our solution is to allow you to partake in the profit by making your own money.
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Re: Money is a Product
This is something I thoroughly support and I don't personally understand why anyone would turn away from the thoughts that this is an amazing idea.
Question - are there any commercials I can use about you guys? I'd like to advertise you on my radio station when I get it set up. I'm setting up a radio station for Libertarian (and anarchist, but...) teens. I want to start a movement - I know that New Hampshire businesses are accepting silver as payment, which is *GOOD!* and it needs to spread. I know that as a force, we as teens really are something to be reckoned with just by the sheer number alone. But once word spreads of the truth of the empty words that back current currency in America, I hope to see us change it.
If there's any way I can help, let meh know. If not, I'd still like to advertise maybe just the website and have people check it out - I want to make sure it's okay with you though. ^_^
Thanks much,
~Sinclaire
Re: Money is a Product
We don't have any ads yet, although we certainly need some. Once we have the merchant locator service up and running, we should start advertising as much as possible. [I envision something like the NH Liberty Dollar's merchant list, only done better.]
We did have some simple brochures at PorcFest.
Another site I do, Porc Manor, was advertised on Free Talk Live. Once the merchant list is up here, I figure we'll advertise on that program, and we should be able to edit those ads into general ads we can run elsewhere.
Re: Money is a Product
The Telegraph printed my letter on 22 April 2008 as follows:
http://www.nashuatelegraph.com/apps/pbcs.dll/article?AID=/20080422/OPINI...
Published: Tuesday, April 22, 2008
Value of the US dollar taking toll on economy
The price of gasoline isn't going up. The value of the dollar is going down.
Foreign exchange rates and international commodity prices are the first indicators to reflect devalued currency. Prices of domestic products, the production costs of which are denominated in local currency, lag.
In 1964, dimes were made of 90 percent silver. Three dimes was more than enough to buy a gallon of gasoline. Three 1964 silver dimes are worth enough dollars to buy a little more than a gallon of gasoline today.
The problem is the willingness of our neighbors to elect candidates who support unprovoked, violent force against our persons and our property.
Witness the raid on the Liberty Dollar. Here was a competing currency, preferred because it was backed by silver, raided by federal goons on Nov. 14, 2007, the silver seized.
The Feds force the citizenry to use worthless fiat currency, under threat of violence, and force us to give them as much of that currency back as they want, under threat of similar unprovoked violence. Look what happened to Ed and Elaine Brown when they were peacefully minding their own business.
In 1933, Americans were cautious against bank failures and preferred to invest in the United States gold coins backing the bank deposits and national currency. President Franklin D. Roosevelt ordered Americans to turn in their gold for dollars, then redefined those dollars from 1.505 gram of gold ($20.67 an ounce) to 0.889 gram of gold ($35 an ounce), robbing citizens of millions of grams of gold.
Resisters were imprisoned for possession of United States money.
Contract clauses requiring payment in gold coins were declared void.
Roosevelt got re-elected three times. Many voters just couldn't understand why some people would get angry at the government and its goons for doing what "the people" want.
They just don't want to grasp the absurdity of labeling the will of the majority as the will of the whole people, or the absurdity that "the majority is not entitled to do whatever it wants, but the majority is entitled to vote for whatever it wants and then do whatever it votes for."
If you don't want the government to violate your rights, then don't vote for candidates who want to violate mine, either. This election, if you want my respect for your laws, vote for candidates who want to make the laws respectable.
Tom Alciere
Hudson