Understanding Money: The Basic Doctrines of a rational Money System
By Leonard Orr
1. Money is created by the producers and consumers of wealth to facilitate (make easier) the process of exchanging wealth which is ideas, goods, and services. Money is not wealth, but a convenient means of exchanging wealth. The value of money is determined by the value of the ideas, goods, and services being exchanged by the buyers and sellers which means it can be either subjective or objective.
2. The citizens who produce and consume wealth have the natural right to create any kind of a money system that serves us. We have the right to print money. We naturally and legally own the money system.
3. The only equitable and intelligent way to distribute money is to give all the citizens an equal supply of money each time it is printed. We have the right to print as much money as the total amount of ideas, goods, and services in the community or as much as we need to facilitate the exchange of what we produce and consume.
4. We deserve a regular monthly supply of money based upon a percentage of the total actual community financial activity. All citizens deserve a dividend check or money supply based upon gross community prosperity in order to make the money system work more efficiently and fairly for everyone. Money needs to be distributed regularly or redistributed regularly based upon the production of ideas, goods, and services in the community local or national.
5. It is valuable to be able to store excess personal cash flow for future purchases or investments or to subsidize future income, etc, whether it be with or without interest. The storage may be in bank accounts, stocks, safe deposit boxes, etc. The ability to store money enables us to consume an infinite amount without causing inflation. Inflation means increasing prices. When everyone has an abundance of money, there is no incentive to raise prices. An abundance of money is not inflationary when consumers as well as producers have an equal supply.
These rational principles are now being actualized all over the world by local community money systems being created by enlightened individuals or groups all over the world. As this movement for local currency and alternative currency systems like Ithaca Hours and American Liberty Currency grows and evolves, the abuses of the present Federal Reserve Bank debt based money system is being corrected, since it is dependent upon ignorance.
In the present system, the Federal Reserve Bank a privately owned bank prints money and loans it to citizens at interest (called the prime rate) through the local banking system. It's the most unfair system imaginable.
The legal right to print money is an inalienable right of the people which we granted to the US government in the Constitution. In 1913, Congress gave this right to the bankers who designed the present system to keep the citizens in debt to them and paying interest to them forever. These bankers also created the IRS to collect taxes from us to pay the interest on the national debt. Historically, income taxes have contributed little or nothing to the US budget. It is time for US citizens to liberate themselves from the IRS and its totalitarian abuses of power.
Now the people are correcting this monstrous mistake.
We the People have the right to authorize the US government to print enough money for its budget, to print enough money to pay the national debt, and to print enough money to give every citizen an equal supply that is adequate to enable us to play successfully in the money game. Taxes are an obsolete way to finance government.
Until Congress corrects the Federal Reserve bank note system, local currency systems and rational currency systems are correcting the problem. Participate in and support local money. You deserve it.
We citizens producers and consumers of wealth also have the right to authorize state and local governments to print money for their budgets and to give us an appropriate and equal supply to make our local economies work.
Taxes are obsolete, inefficient, oppressive, and obstruct personal and national prosperity for everyone even the bankers.
When there was no money, the king had to collect taxes (food from farmers) to feed his army, etc. But when money was invented the king could print money and buy food from the farmers, etc. Since money was invented, taxes have been obsolete. We were just too stupid to notice.
All Divine Human Beings deserve an abundance of money.
The present oppressive money and tax system has destroyed farms, businesses, the environment, and keeps us citizens broke and in debt. The Federal Reserve Bank is a privately owned bank and has enslaved the American people and kept us in scarcity through our own ignorance.
This ignorance causes poverty to destroy the economies of small towns and produces untold stress and misery in people as we struggle for a few crumbs of money from the bankers table. When you meditate on the above principles for a rational money system and implement them in your community, you will experience true financial freedom.
Money is our servant, not our master. We are the source of money.
A rational money system facilitates creativity, productivity, ecology, civic pride, and real prosperity. Real prosperity is the variety and quality of ideas, goods, and services we have available in our community not money. A rational money system should support prosperity rather than stifle prosperity as it does now.
Our FRB system not only stifles true prosperity, but breeds crime, anger, depression, hopelessness, helplessness, and poverty of all kinds. How long will you put up with it? Change is overdue. Government won't do anything until the citizens demand it. Local enlightened community money systems are not waiting for government nor the Feds, they are doing it now.
My book The Truth about Money explains what money is, how it works, and how to build your own local money system as well as the secrets to personal success finding a career that you love that is personally and spiritually fulfilling as well as ecologically and socially valuable.
I'm available for consulting and lectures.
