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Inflation
"There need be no inflation," I state. "It can be easily controlled, but first we must clear the way." In explanation I add, "Before any correction will work, and I really mean any, the private bankers must stand down. This will best be started when Congress creates needed money, but not too much."
"Aha!" you retort. "Letting Congress create money is like giving a fox the key to the chicken house. No way. Germany tried that and caused such bad inflation that their money was nearly worthless."
"Excellent observation," I reply. "It is worthwhile to know history. Let’s add a bit more history to this lesson from the likes of Benjamin Franklin. The trick is to link money to labor and to control spending."
Learning from valuable lessons in history, we see that we can easily do that with one enforcement and two standard procedures.
1. We common folks just happen to hold the key to the chicken house. Any body, or any fox, that wants in must ask us.
2. Congress must only spend money productively (in addition to being the only creator of our money.)
3. Human labor and natural resources must be the only values that control the amount of money in the economy.
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As to item #1, we people hold the key. That key is our vote. If our Congress Persons do not do as the majority demand, vote them out and vote in some one who will. Boot their thieving, foxy bodies out of the chicken house. If they borrow from private bankers rather than create our money, they are actually stealing from us and giving to the bankers. Make no mistake about it. The bill is the national debt, and I could write an entire book on how that blunder is messing us up real bad.
Congress must choose:
a. Either they create needed money, but not too much, and support us people; or
b. They borrow and support private bankers.
Congress can not do both. They must choose. Our vote will say good or bad, firm, loud and clear! Good - you stay. Bad - you’re outa here!
For item #2, we must place a spending control on Congress (to balance the money creation monopoly.) We hold the key, so here is what we do:
a. By federal law, and eventually by Constitutional amendment, Congress must be forced to examine all spending before it is enacted, labeling it either productive, neuter or non productive.
b. All non-productive spending must be left for the states to legislate and pay for. Government worker wages will be the only exception, and can easily be watched. This restriction will very neatly do away with most pork, meaning spending into some private fox’s den, with a few chicken breasts removed along the way by some political fox who likes pork.
Item #3 will finally make sense out of our money. Since the beginning of recorded history, Man has sought a sensible money system. In our country the sensible conclusion was summed up back in 1921 by two great inventors (and thinkers), Thomas Edison and Henry Ford.
Ford stated that if we would remove the power of money from the bankers, we would stop all wars. (You should read the documentation I have in my lab in support of that statement!)1
Edison stated that the only basis of money should be humanity and the soil. After extensive research and thought, I came to the same conclusion, explained in the essays MEL Formula and MEL Derivation in Money Is Unreal. Therefore, it is only sensible that we link money to something we all know and are attached to: our labor and our soil. To be practical, soil must include all natural resources. 2
So, we have #3: The creation and control of money must always equal the total value of our labor plus our natural resources that we touch. When there is too much money in the economy, it must be taxed out. A computer controlled tax must be levied when the amount of money in the economy exceeds the labor-natural resource value. This will eliminate inflation due to creating too much money, Germany’s mistake. Please be advised: Those collected tax receipts must be extinguished back to the nothing they came from. They must never be spent by Congress! Any politician touching tax receipts must also be extinguished. Otherwise, we will relive old Germany’s inflation.
the only reason for taxes:
To remove excess money from the economy.
When there is too little money in the economy, Congress must spend more into the economy, productively. It is highly suggested that the task of spending money be absorbed by
This will look to the needs of all the people, not just the rich billionaire banklords. The above three points will stabilize the value of our money, meaning the United States dollar. This is the essence of a Debt Free Money System and
Germany did not do that, and that is probably what triggered and fed their inflationary spiral.
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Production value remains stable with real backing. |
Real supply for draw remains stable without private banklords. |
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natural resources, labor and services |
Congress creates money debt free with no cost to no one. The money supply is hinged to real natural resources, labor and services. |
Money supply remains stable because money represents real natural resources, labor and services. No private banklords are allowed to inflate it with usurious profits. |
Who ever controls the money controls everyone and most things. The billionaire banklords that control our money control all of us, our Congress and most things. In this democracy, we deserve to keep that control ourselves. Congress has no right to give that control away to private bankers. When Congress creates the money it needs, but not too much, and ceases to borrow, a fatal blow will be dealt to the billionaire banklords in their one weak spot, and their strangle hold on Congress and America will be broken. The vile ring will melt, the sky will clear and the people will be freed. We simply can not survive with private bankers in control. We must throw off the noose of money. The most of the worst of America’s problems will solve themselves when a Debt Free Money System is put in place.
Our national banking system is called the Federal Reserve System, nicknamed the Fed. In case you were thinking that the Federal Reserve System is part of our government, ask this simple question: If the Federal Reserve System is part of our government, why do they charge us for our money? We can not owe ourselves. The Federal Reserve System was ruled privately owned by the Ninth Circuit Court in San Francisco.
The book, Money Is Unreal, explains MEL, a money metering system designed for America.
The MEL Formula is M = E + L, where M = Money, E = Earth and L = Labor.
Blue sky (worthlessness) is eliminated.
Money must follow labor through the economy, but must NOT follow products. Each side, labor and products, must have something to trade. Labor has wages and products have themselves. Labor trades it wages for products. The trading concept is important for the economy to function. If products had the money, labor would have nothing to trade, and the economy would come to a screeching halt. Because of the shortage of money in our present economy, the trading facet has been severely retarded in favor of the banklords. Labor and natural resources, but not products, can be the only values for regulating money.
Two ingredients, humanity and the soil, are the only two basics needed for determining the supply of money in the economy.
money must never replace labor.
Labor must always remain foremost and predominate over money. Labor is the reason money was invented. The purpose of money is to transfer the value of labor and its related services and products about in the economy. Remove labor and there is nothing left for money to do, leaving money as so much hot air, inflated like a hot air balloon, only with less value and use.
See MEL for a more detailed explanation of MEL.
There is a difference between representation and measuring for amount of money in circulation. Products can be represented by value and traded for money, but products can not be used for measuring the amount of money in the economy. To do so would duplicate the labor count as many as nine times per product. Natural resources become products when mined, etc.
Click here for more on that cyberspace subject.
Click here for a more detailed discussion of inflation,
complete with easy to understand scenerios.
1 and 2: Click here for documentation on Ford and Edison
I am asking you to help save this country for our children and grandchildren by doing two simple things:
1. Call and write both your Senator and Congress Person in the House of Representatives. They have a local office. Politely demand that Congress create money, but not too much, instead of borrowing it. That will stop the national debt dead in its tracks before it ever starts and nearly eliminate taxes!
2. Please tell everyone about this Jolly Tax web site. If you have asked for a laser copy of this page, called U-Mail, please make as many copies of this letter as you need to mail them to everyone you can think of. It is copyrighted, so you can not change it and can not sell it. But you have my permission to make as many copies of this entire letter as you need for reasonable distribution. If all of us pitch in and help with the mailing, by working together we can reach all of America soon. And, it will be necessary for each and all of us to get out and vote.
If we all join in the effort, we will get the attention of Congress, and they will wake up to the insane national debt. Keep in mind: Congress does not act. Congress reacts. Speak up, you guys!
Jolly Tax is non-profit. I, Forest Glen Durland, am not asking you to send me money. My goal is to save this country for my children, but I can’t do that alone. All of America must stand and help. That’s why this web page is in your hands. To do that, the first order of business is for Congress to quit borrowing money, for all else will fail until that is done. Congress must create money needed, but not too much. I have spent a large part of my life researching America’s money and economics, and have written three books on the subject. In my lab are many books and files documenting everything said in this web page . You will find much in Docs. Please feel welcome to investigate, for that will reveal the truth about the bankers, and that is what America must know, and soon, I might add.
You now know why you have been unable to buy a home for your family.
Forest Glen Durland, August 1, 1996
Tell ‘em, you guys!
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