Feeds:
Posts
Comments

Posts Tagged ‘interest’

Here is a summary of my November 17, 2013 interview on Erskine Overnight, on the Genesis Communications Network:

2m – Usury redefined from any amount of interest to an arbitrary amount set by law
3m – Actual U.S. federal debt exceeds world’s annual economic production, and derivatives estimated to be over 1000 trillion dollars
4m – Derivatives brought down Wall Street banks, unregulated credit default swaps
6m – States getting around their constitutionally mandated balanced budget requirements
7m – States and federal government should be issuing their own interest-free credit
7m – interest-free United States Greenbacks
8m – Despite more seeming competition in U.S., relative to Canada, top 6 U.S. commercial banks have over 70% of commercial deposits
9m – Bank for International Settlements in Switzerland, founded in 1930, as a bank for central bankers, with around 60 countries as members
15m – Money is supposed to primarily serve as a medium of exchange between producers
15m – Money is actually functioning primarily as a medium of power
18m – 1933 gold confiscation, 1934 silver confiscation, 40% backing by gold, confiscated gold may have been pledged to international interests
19m – Canada’s largest gold bank, Scotiabank, caught not having enough physical gold in their vaults
20m – China and India’s interest in gold
21m – Platinum also a great micro investment
26m – Bitcoins – started in January 2009, don’t know who was behind it, all transactions are public
27m – government plans to tax Bitcoin transactions – income and capital gains
27m – $150 million in total Bitcoins at start of 2013, up to $4.5 billion as of mid-November 2013
29m – Ron Paul Liberty Dollar success, and subsequent government crackdown
31m – Success of the Bank of North Dakota
31m – Bill to study state bank, passed by California’s House and Senate, but vetoed by supposed man of the people, Democratic Governor, Jerry Brown
32m – Local currencies
32m – States prohibited from coining their own currency
33m – States can issue their own interest-free credit
38m – New bail-in provisions, even worse than bailouts
39m – Difference between capitalism and free enterprise
40m – Over 95% of money today is numbers in a computer
41m – Coins are only debt-free money put into circulation by government, currently
41m – Compound interest, compounding the debt exponentially, mathematically doomed to fail, because producers cannot exponentially increase their value to debtors in the long-run
42m – Banks can charge a fee instead of charging usury
43m – Need to cut back unsustainable federal programs, because tax revenues don’t match up with spending obligations
49m – Estimated $16 trillion given to banks by TARP bailout, and $1 trillion went to European banks alone at the hands of the so-called United States Federal Reserve
50m – Out of around 190 countries in the world, only around 30-40 countries had no net debt, or there was no information for them

For more on Erskine, see my articles here.

Read Full Post »

The Facebook page for my talk at the 9th annual Usuryfree week event in Toronto on November 16, 2013 from 7 to 9:30 PM EST can be found here.

Read Full Post »

The Conspiracy ShowI’m pleased to be Richard Syrett‘s guest on his Sunday night to Monday morning show, The Conspiracy Show, airing from Toronto, Canada, on November 4 at midnight EST, on Zoomer Radio AM 740 and 25 U.S. affiliates.

Here is the announcement from his site:

12AM EXPOSING FAUX CAPITALISM
Richard speaks with a researcher and blogger about the suppressed history of successful government-issued, interest-free currencies and local currencies, from the 1700s up until today, and how they have been deliberately misrepresented by mainstream and even alternative sources. Richard’s guest will also discuss fractional reserve banking, gold, gold confiscation, Bitcoins and much more.
Guest: Jason Erb has been actively involved in the alternative research community since 2006 and has been writing for his blog, Exposing Faux Capitalism, since the start of the global financial collapse of 2008, and since 2009, has guest hosted other radio programs and has been hosting his own weekly radio show since 2012. Jason endeavours to provide a truly alternative perspective within the independent media in analyzing today’s economic, political and social challenges.

The free podcast will be available within a few days after the interview here.

Read Full Post »

United States NotesAccording to the December 2012 report by the U.S. Treasury Dept., out of the $450 million Greenbacks issued during the American Civil War, there is an estimated $239 million still outstanding.

In 2013 dollars, this would be at least $10 billion, according to this inflation calculator. While not significant today, it’s significant that such a huge percentage of the Greenbacks are still in circulation, given that they were ordered to be taken out of circulation in 1971, so there have been many that are being privately circulated or collected.

While there were $500 million in interest-bearing bonds that were issued as backing for them, the money supply grew by a total of $950 million, and the interest-free Greenbacks provided significant funding for the Civil War, when the total debt was $2.7 billion by 1865, and no interest was due, nor will ever be due, on the $450 million issued, and nothing is stopping the U.S. government from returning to directly-issued interest-free currency, other than lack of political will.

As for the validity of the American Civil War, I have publicly stated on my radio program and in a recent public presentation that the States had the right to secede from the Union, and that President Lincoln and the Union were in the wrong. The effectiveness of the Greenbacks, and of any interest-free currency, is something that can be independently judged.

For more on United States Notes, see my articles:

1) Gary North gives the false impression that interest-free United States Notes are no longer valid

2) Gary North deliberately omits the fact that United States Notes are interest-free

3) Michael Badnarik on issuing interest-free fiat money like Lincoln did: “That’d be a step in the right direction”

4) Don’t just blame Lincoln for a national legal tender law — Washington signed one, too

5) The Federal Reserve lies about United States Notes (Lincoln Greenbacks)

Read Full Post »

Winged Lion AwardsFrom monetary reformer Tom J. Kennedy’s site:

The Winged Lion Awards are in honour of the ‘Winged Lion’ – which is the historical symbol of usuryfree money. The Winged Lion Awards are presented to the winners from the nominated usuryfree creatives on behalf of the UsuryFree Network during the Annual UsuryFree Week scheduled from November 13th, until November 19th, each year.

Nominations are commonly accepted from local, national and international usuryfree creatives.

The winners of the Winged Lion Awards are honoured at a special event each year during the celebration of UsuryFree Week.

Nominations are currently open for the following 15 categories – ideas for additional categories are welcomed:

Here are the top three categories. See the announcement for the other 12 categories.

1. A community that has launched new paper notes of usuryfree community currency during the current year. This community must have done something unique for their launch of paper notes of usuryfree community currency. Samples of the paper notes and details of this unique activity must be submitted with the nomination.

2. An individual usuryfree creative who has authored a unique article about the design flaw of usury during the current year. A copy of the article must be submitted with the nomination.

3. An individual usuryfree creative who has authored a unique article about the usuryfree community currency movement during the current year. A copy of the article must be submitted with the nomination.

For more on the Winged Lion Awards, see my article, My nominee for the 2013 Winged Lion Awards for usury-free money: George Whitehurst-Berry.

For more on Tom J. Kennedy, see my interviews with him here and here.

Read Full Post »

Anthony MigchelsI conducted a special interview with Anthony Migchels of Real Currencies on economics in National Socialist Germany, based on his popular September 16 article, Hitler’s Finances and the Myth of Nazi anti-Usury Activism, on October 20, 2013. Here is the audio.

We discussed:

  • mortgages only up to a maximum of 25% usury-free on the principal
  • the myth of Hitler’s anti-usury efforts
  • German consumers still heavily indebted with usury
  • internal constraints on Hitler, Hitler was anti-usury in his rhetoric before coming to power, different afterwards
  • Hitler as a statist on steroids
  • the official Nazi monetary policy was to serve the state and not the people
  • Confederate Greybacks issued to pay for war that overwhelmingly benefited the <10% minority of slaveholders
  • importance of decentralization of the money supply, no need for any usury (simple or compound interest) on money
  • beware of centralizing or half-measure monetary “reforms”

Read Full Post »

Peter DuesbergOn the August 25, 2013 episode of Exposing Faux Capitalism with Jason Erb on Truth Frequency Radio, I interviewed Dr. Peter Duesberg.

Hour 1: Interview with Dr. Peter Duesberg, the most prominent critic of the 20+-year AIDS scam. See here for the edited archive for this interview.

Hour 2: Constitutional credit, redefinition of usury, payday lender criminal interest charges under colour of law.

Read Full Post »

Older Posts »

hatrickpenry

AN ALTERNATIVE TO THE ALTERNATIVE MEDIA

Recovering Austrians

Supporting recovering Austrian Economics addicts and their families

Real Currencies

Supporting People and the Commonwealth and resisting the Money Power by defeating Usury

Follow

Get every new post delivered to your Inbox.

Join 648 other followers