MonetaryJustice on Nostr: Americans for Monetary Justice Introducing The Five Characteristics of Repressive ...
Americans for Monetary Justice
https://monetaryjustice.orgIntroducing The Five Characteristics of Repressive Monetary Systems:
Exposing the ways governments use monetary policy to subjugate and exploit the masses.
1) Currency Creation
A government partners with the banking sector to implement a fiat monetary system, which allows both parties to create new units of currency without backing, effort, or productive output of any kind.
2) Currency Inflation
The banking sector and the government continually erode the currency’s value through unpredictable and excessive increases in its supply, producing inflation which transfers wealth from the working class to the wealthy.
3) Currency Compulsion
The government uses its lawmaking power to compel citizens to use its currency, which they may not create, but must earn, rendering citizens dependent on the monetary system to meet their basic needs.
4) Currency Confinement
The government then burdens the use of alternative currencies and more effective stores of value, like gold and bitcoin, with taxation and regulation, hobbling citizens’ ability to defend their rightfully earned wealth against theft through inflation.
5) Currency Control
The government concentrates custody of citizens’ funds in the hands of its banking partners and surveils financial transactions, exposing citizens to potential confiscation and censorship, and undermining their civil liberties.
The Effect
Citizens are corralled by the banking sector and their own government into a system of legally enforced economic exploitation that disempowers them both economically and politically through perpetual wealth extraction.
The Five Characteristics of Repressive Monetary Systems is a concise framework that describes a system of economic control and manipulation implemented by governments and banking sectors to exploit and disempower citizens.
Published at
2024-10-17 01:58:39Event JSON
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"content": "Americans for Monetary Justice\nhttps://monetaryjustice.org\n\nIntroducing The Five Characteristics of Repressive Monetary Systems: \u2028Exposing the ways governments use monetary policy to subjugate and exploit the masses.\n\n1) Currency Creation\nA government partners with the banking sector to implement a fiat monetary system, which allows both parties to create new units of currency without backing, effort, or productive output of any kind.\n\n2) Currency Inflation\nThe banking sector and the government continually erode the currency’s value through unpredictable and excessive increases in its supply, producing inflation which transfers wealth from the working class to the wealthy.\n\n3) Currency Compulsion\nThe government uses its lawmaking power to compel citizens to use its currency, which they may not create, but must earn, rendering citizens dependent on the monetary system to meet their basic needs.\n\n4) Currency Confinement\nThe government then burdens the use of alternative currencies and more effective stores of value, like gold and bitcoin, with taxation and regulation, hobbling citizens’ ability to defend their rightfully earned wealth against theft through inflation.\n\n5) Currency Control\nThe government concentrates custody of citizens’ funds in the hands of its banking partners and surveils financial transactions, exposing citizens to potential confiscation and censorship, and undermining their civil liberties.\n\nThe Effect\nCitizens are corralled by the banking sector and their own government into a system of legally enforced economic exploitation that disempowers them both economically and politically through perpetual wealth extraction.\n\n\nThe Five Characteristics of Repressive Monetary Systems is a concise framework that describes a system of economic control and manipulation implemented by governments and banking sectors to exploit and disempower citizens.",
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