Tuesday, July 14, 2009

How to spot Natural Money

Natural money has at least the following two attributes:

  1. If the substance or thing were never again used or accepted as money beginning right this instant, it would still have at least one other practical, productive use.
  2. The Productivity Filter CANNOT be bypassed in bringing the substance or thing to market.

For instance, if US Dollars (which we know are costless to produce) were not accepted as money any longer, they would be useless.

Even though Gold and Silver have been outlawed as money, they continue to be mined and used.

Great nations are built and stand on natural money.

Costless money is a burden, indeed a cancer, no nation has the strength to bear.

Costless money causes us to fund our own destruction.

When we support costless money or fail to understand and defend natural money, we actually have chosen to give up Liberty in exchange for certain tyranny.

No comments: