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2023-07-30 09:55:43

Rune Østgård on Nostr: I am an activist, because I believe that we need to reclaim our right to use ...

I am an activist, because I believe that we need to reclaim our right to use whichever money we like best - what we call monetary freedom.

Without this very basic human right we cannot IMO be free in any meaningful sense of the word.

Having read a lot of about the economics and politics of money in previous years, I stumbled upon the following story in 2008:

A 1000 years ago, Einar Tambarskjelve was the protector of my ancestors - the free people of Trøndelag, which is a large region in the middle part of Norway.

Harald Hardrada, the evil Viking king and ruler of Norway, killed Einar Tambarskjelve and his son Eindride in a cowardly plot in Nidaros in 1050, the city which today is known as Trondheim.

The killing of Einar and Eindride made it possible for Hardrada to enslave my people, as he became the first ruler of Norway who, in the same year, successfully introduced inflation as a policy.

The picture shows an example of the silver coins that were struck in his mints in Trondheim and Hamar.

Hardrada introduced a law that said that people who didn't accept these coins could be punished by death.

The people would have to bring their silver to his mints in order to get usable money. Harald took some of their silver as a fee for the "service".

In just 16 years he reduced the coins' silver content from 90% to 33%. By doing this he effectively tripled the nation's money supply, while he at the same time amassed an enormous wealth and political power.

The average speed of the devaluation of the nation's money was just shy of 7% per year.

This inflation rate is the exact same as we have had in recent years, both in Norway and in the US, for instance between 2002 and 2022.

Harald knew that he could use this policy to enslave my ancestors.

We don't learn anything about this in the school or from MSM. You probably wouldn't have heard about this story if I hadn't decide to tell people about what I learned 15 years ago.

We shouldn't be naive and say to ourself that today's rulers don't understand the power of the inflation policy. They might not know precisely the mechanichs of the monetary system.

But our politicians know exactly how important inflation is for them to keep us under their heal.

I strongly believe that we can reclaim our right to have monetary freedom

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