Josh wrote: ↑Thu Nov 16, 2023 7:47 am
You can barter with gold and silver with you want (although some law says you can’t write contracts denominating gold as payment, but you can easily work around that, legally).
One way to get around the "mark" is to barter with "scrip".
A good example is "Canadian Tire Money"
This is a loyalty program "scrip" that is issued by the Canadian Tire company and can be used just like a Canadian dollar to purchase items in their store.
So the way it would work for those outside the system is...
I raise sheep, and I have a 3 month old lamb that is worth $150.00. I want to buy 3 ricks of firewood from you for $150 - and you don't want one of my lambs, so I write you a "scrip" or piece of paper that states that whoever has this paper scrip is entitled to one lamb worth $150.
Then, after I take the firewood, you then use my $150 "lamb scrip" to purchase $150 of vegetable produce from another trading partner - someone that knows me and knows that my scrip is valid and backed by my ability to provide the lamb. That person can trade the lamb scrip to another person, or bring it to me and ask that I make good on the scrip. This is how average people can create their own money.
US Dollars used to be backed by silver, and you could take a US Dollar to the bank and demand the silver behind the paper money. Not any more. It is now all just "funny money".
The US dollar is only backed by someone else's "ability to repay". Our paper money has the same backing as this type of money:
As long as everyone is playing the same "game", then our Federal Reserve Notes are valid. If people lose trust in it, it will crumble.
Gresham's Law is that "Bad money drives out good money.". That is, you will hang on to the gold or silver, or even "lamb scrip", and make your purchases with the hyper inflated Federal Reserve Currency that loses value every day.
You would also hold on to my more valuable "lamb scrip", as it is "actually worth something tangible" that does not change in value. I think it would work.
Voltaire said that "Paper money eventually returns to its intrinsic value – zero." - that is, paper money not backed by anything but your belief that it is valuable - will die from inflation. Voltaire saw this hyperinflation during the French Revolution - when a bunch of crazy socialists started burning cities and killing people for social justice reasons - a lot like today.
The difference is - my $150 "lamb scrip" will always be valuable, as long as I am in the lamb business. No one would hoard it, since it has undetermined life expectancy - of how long I will have lambs available. So it would probably be swapped a few times, and then be presented back to me in about 2 weeks or so.
In a system like this the production of money is directly tied to the production of goods. Goods that no one wants, like a complete set of the writings of Karl Marx, would generate a scrip that no one wants and could not be exchanged. This monetary system would prevent the writings of Marx from ever happening in the first place.
But to have tires for your car, like from the Canadian Tire Store - that is a necessary item for everyone and a great backing for any scrip.
Scrip is how you beat the socialist beast system, even now.
Start thinking about building a Christian Community - and trade only with your friends.
And let the Socialist eat their own words if they are hungry. Tell them they can chop up and boil their "Das Kapital" and "Rules for Radicals" books and make a soup out of it. Or they could choose to work like the rest of us and try not steal from everyone as part of their ridiculous "social justice" scam.
"He replaced the teachings of Christ with his own opinions, and gave us a religion based on the doctrines of men."