How Money Became "Debt" and Debt Became "money"

We need to confront the shadows that loom over us these days and see them for what they are:

ILLUSIONS.

Illusions that we've been trained to believe as being real.

The root of our troubles today seem to swirl around "money" or what we've been led to believe is "money".

Today's "money", indeed the concept we've been taught to believe is money, only came into being during the last Depression.

That's when real money, known as Gold-backed currency or debt-free money was replaced with federal reserve notes that are backed by nothing but debt.

This is the real "Money" we once had:

Many people think that those were days when people's pockets were heavy with Gold coins, but, I'm speaking about the ultimate backing of the paper money that circulated through the economy.

Take note of that Gold Seal on the front of the above bill.

This is a close-up that shows that the paper was redeemable for GOLD, the actual value behind the paper:

You could bring a 20-Dollar Gold Certificate to any bank and exchange it for a $20 Gold coin like this 1928 $20 Gold Double Eagle Coin:

The value of the paper money was affixed to the Gold and couldn't be tampered with or inflated by banks as they have since 1934.

How many paper federal reserve notes from your wallet or purse would it take today to buy this very same $20 Gold coin?

When this article was written it was $940 federal reserve notes (fake "money") to buy something real (the Gold Coin).

You can directly see how inflated so-called paper "money" has become.

It now takes essentially 50 twenty-dollar federal reserve notes to buy what ONE single twenty-dollar Gold-backed note used to- a single GOLD TWENTY DOLLAR COIN! 

Time for action now.

Turn off the TV and instead devote that hour you would have wasted to learning something they didn't teach you in school.

It's time to take a few minutes and watch the video below and learn the difference between real Money and "money as debt".

Let's learn how things got switched around and upside down with us on the bottom instead of on top where we belong rightfully: 

http://www.youtube.com/watch?v=vVkFb26u9g8

It's time well spent. -  George 

TAGS: Gold-backed Dollar, Gold Coins, Gold-based dollar, real money, money as debt, debt-based money

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*NOTE PLEASE: Remember, these chart posts & analyses are for entertainment or educational purposes ONLY and only express my opinion and are not a suggestion to BUY, SELL or even trade at all. All trading is RISKY and you should consult a professional. I am merely a student of the markets and Mankind and not a licensed advisor or broker.