Economic Discoveries

 $$$$$$ Interest Free Money $$$$$$

 The catastrophe that can happen when money does become a god and a commodity of exchange is readily apparent in America today. The banking system deployed by the Federal Reserve System contains destructive elements inherent in their system. I have adequate documentation, and am on the track to more, to support the following statements:

The Federal Reserve System is the worst financial and political scandal

in American history, if not all history.

The Fed is neither Federal nor reserve, and is privately owned and privately operated in secret for private gain.

In analyzing the destructive elements deployed by the Fed, I have formulated two theories and have discovered a corollary. Called Triple Expo Factor and Time Warp Factor, the two theories graphically display our approaching disaster. To make its existence known in more areas, the corollary has been given three names:

Free Money Corollary, Basic Element of Economic Existence, and Basic Law of Economics.

This basic corollary simply states that

money can not cost money.

Money can not cost money in a stable economy as should be seen in our American Republic, for when one pays that interest charge for money, an inevitable price-wage spiral is instigated, causing what you call inflation. I defy you to talk your way around this corollary when discussing a stable economy. In brief, only principal need be repaid for a bank loan. That principal must be repaid to prevent serious inflation. It is quite sound and simple, actually. Further, if money is to be free, there can be no interest, which demands that there be

no private bankers.

All banking must be done through our cost free bank. The name BankGov is suggested, short for BankGovernment. This plan will very neatly control inflation, also.

If money can not cost money, it follows, then, that no economy can function at its best for the people with the existence of privately owned banks. Private banks can not exist without debt. Therefore, private banking must be outlawed.

The banking system currently in use today is a debt money system. History has shown that such a debt money system will eventually destroy its host. No one can run or hide from it. The only solution is to destroy the debt system before it destroys the kingdom. And it is so very simple to do: Simply have Congress create our money instead of borrowing it. Then outlaw private banking, for whoever, or whatever, controls the money, controls all people and most things.  

Free banking and a DFMS (Debt Free Monetary System) will totally reverse the present economic collapse. Never again will there be a shortage of money for financing, and never again will up front fees drain the life out of start up businesses. There will be no end to unlimited venture capital for those who realistically qualify. Plus, that investment capital will be interest free. That alone, will boost this economy so greatly that you guys and gals will be able to compete sensibly with foreign competition once again. This will help put the small farms back on the map and undo the harm to farming done the last 200 years by the banking system.

In closing, absorb this bit of philosophy: Money is a measure, not something for sale. Money is like the marks on the side of a measuring cup. Money is merely a way of measuring value, and is not the value itself. Money is the mental part of an accounting system, but money is not the paper that one writes on. Value is in humanity and the soil, not in the money that measures the value. Riches are real things, not unreal money. Try eating money. Money is unreal.


According to the way I read our Constitution

 Money belongs to we people and therefore can be issued only by we people in our society. Private bankers and the Federal Reserve System are not social entities, but are private. I can issue tickets to trade for my own goods, but I can not issue tickets to trade for someone else’s goods. Our government can create money, but private bankers can not. In my book, Money Is Unreal, six essays explain this item: Here’s What’s Happening, In the Beginning, Farmer’s Credit Tickets, Economic Musical Chairs, Difference Between Money, and Within Our Means. Some of these essays have been condensed for this web page.

Congress creating our money will cut the International Banklords (IBLs) right in two at the belt, exposing their nasty fraud for all to see and understand. For when you folks notice that our federal government can be financed without debt and taxes, you will ask why we even have a national debt. When you notice that there is always plenty of free money for reasonable purposes, you will ask why the shortage and high rates and fees. When America starts asking questions, the Fed is dead. So copy this letter intact and send it to as many people as you can. Tell them about this web site. Congress does not act. Congress reacts. Speak up, you guys!

You now know why you have been unable to buy a house. Forest Glen Durland, July 4, 1996.


Documentation

Regarding panics, reference is made to Lindbergh, Charles, Sr., Lindbergh On the Federal Reserve, p94-5, dated 1923; available from Monetary Science Publishing, Bx 86, Wickliffe, OH 44092. The banklords change the name as needed from panics to depressions to recessions, etc. All mean the same and, though difficult to believe, are actually planned and instigated by the banklords for their amoral profit at our expense, even worse for our children! You must help stop them.

 For documentation see unreal money, Constitution and InflationFull.

Theories explains the two theories Triple Expo Factor and Time Warp Factor.

 

Create! not borrow. Get out and vote!! Create! not borrow.

Quit belly aching. Go do it! You have that power and privilege. 



 
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