tag:blogger.com,1999:blog-37919138290076782472024-03-14T07:49:30.533-07:00We Are The BanksOur signature on a promise to pay creates the money in circulation today. Truly,We Are The Banks!
doug555http://www.blogger.com/profile/12647456592471989761noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-3791913829007678247.post-55140165224562159542015-11-09T15:54:00.004-08:002022-03-18T14:39:14.073-07:00We Are The Banks<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj-PZ3C9gBHxg0hyphenhyphengM-oXEvZvsaYNLnAprkP_wp3HtsSxVzN2mDtxAUwj6BE4MAUPxXvCFmULkXhsgQ9Opc50-6yp2c_FiEMDTT5h73c3TZ457BGyI8efLSaGPpkRSwFOAsEFU5dIcTUpI/s1600/WeAreTheBanks.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="293" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj-PZ3C9gBHxg0hyphenhyphengM-oXEvZvsaYNLnAprkP_wp3HtsSxVzN2mDtxAUwj6BE4MAUPxXvCFmULkXhsgQ9Opc50-6yp2c_FiEMDTT5h73c3TZ457BGyI8efLSaGPpkRSwFOAsEFU5dIcTUpI/s400/WeAreTheBanks.jpg" width="400" /></a></div>
<br />
<br />
<h2 style="text-align: center;">
Little do we realize that ... We Are The Banks!</h2>
<br />
<h3>
<span style="font-weight: normal;">
President Abraham Lincoln implemented a Monetary Policy in his administration that was based on the above truth. The account below, related by </span><a href="https://drive.google.com/folderview?id=0B8BdR0w2oZY_dHR0azVYc3JEVVk&usp=sharing">Henry C. Carey in 1865</a><span style="font-weight: normal;">, explained what effect this truth had on our economy back then. It can have the same effect today.</span></h3><div><span style="font-weight: normal;"><br /></span></div><h3><span style="font-family: georgia; font-size: medium;"><span style="color: #333333; font-weight: normal;">We just need to create and adopt a </span><span style="color: #333333; font-weight: normal;">common </span><span style="background-color: white; color: #333333;">"clearinghouse"</span><span style="background-color: white; color: #333333;"> </span><span style="color: #333333; font-weight: normal;">that issues money based on actual validated labor performed by the people. As people submit labor vouchers, the people-controlled "clearinghouse" issues new money. Today, this can easily be done using digital currency as money.</span></span></h3><h3 style="background-color: white; color: #333333; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; margin: 0px; position: relative;"><span style="font-weight: normal;"> </span></h3>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhv8SUn015fcqYhFqwSk_l6gd7Y8mbhfS-TMGrDtbymDP8Pl2noQHvLMfqZBZcNNmSU7WsxI5PrF7NjnNGLUgpPhDIXgfKvRf_LdqZ_Hm6Is7ClPiDXB3dpjbmVbcC4iJh9I-GQyuBIqIA/s1600/The+Currency+Question-Carey+1862-Letter+12%252C+p.129%252C+Feb+13%252C+1865.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="640" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhv8SUn015fcqYhFqwSk_l6gd7Y8mbhfS-TMGrDtbymDP8Pl2noQHvLMfqZBZcNNmSU7WsxI5PrF7NjnNGLUgpPhDIXgfKvRf_LdqZ_Hm6Is7ClPiDXB3dpjbmVbcC4iJh9I-GQyuBIqIA/s640/The+Currency+Question-Carey+1862-Letter+12%252C+p.129%252C+Feb+13%252C+1865.jpg" width="425" /></a><br /><br /></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><a href="https://archive.org/details/waytooutdoengla00caregoog/page/n133/mode/1up" target="_blank">“The way to outdo England without fighting her” <br />by Henry C. Carey, Feb 13, 1865, Letter 12<br />The Currency Question, p. 129</a></td></tr>
</tbody></table>
<h3><br /></h3>
<div>
<br /></div>
doug555http://www.blogger.com/profile/12647456592471989761noreply@blogger.com