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Last Updated (Monday, 31 August 2009 23:00) Friday, 01 May 2009 16:28
News - Latest
Brother Keidi is a well known and respected reporter for our Community...
listen to full post here | ||
| Peace Brother Keidi | ||
I am Genetic we have talked on air a few times now, I know that you talk to a lot of people and may not remember our conversations.
of expediency I think this will demonstrate my point best. For gold to be equivalent to the 1970 price (in real, inflation-adjusted terms) it would have to rise to $4683.59 per oz. That is more than a 6-fold rise from the current price. I know this is hard to believe (you may not be old enough to remember that a 20 cent token could get you to work. And if the truth be told that is not going back that far in the scheme of things) | ||
| Historical Consumer Price Index Data you will have to do some number crunching for the dollar amounts but just look at inflation levels before and after 1970 ( that is when Nixon close the gold window!) or you can do it the easy way (all the number crunching will be done for you.) What cost $886.20 in 1970 would cost $4683.59 in 2007. Also, if you were to buy exactly the same products in 2007 and 1970, they would cost you $886.20 and $162.77 respectively. It is also the same story with Silver! To reply to the question, that I was not on air to reply to: "What do you do with it?" YOU SAVE IT! GOLD AND SILVER ARE THE ONLY REAL MONEY! Your guest commented on the uses of gold which are true but limited, he did not comment on the uses of silver... If I quote them all, I would be assured that this email would not be read. THEY ARE MANY! (if interested check) | ||
| I have not been brainwash by white-folk or am I chicken little who wines about the sky. I do think of myself as a 58 year old sovereign! My voice fools many into thinking I am younger than I am. I also think the two most important things afflicting our community are: 1: The love (love = to believe in) and use of fiat money. I listen to a show of yours on 3/26/2009 when you spoke on usury. I have had people send a Notice of Dispute of Purported Debt to their collection agency / credit company and they can't/don't reply to it. WHY? Notice of Dispute of Purported Debt 2: The lost man power to the jail (slave traders) under unknown (to the victim) Voluntary Commercial Processes! If your interested in this curious theory please check for yourself. Please If you do read this (unless responding), forward this email back to me. I never heard from you the last time I volunteered to help/or input information and I would like to think you never got the email. P.S. There could never be enough time on air to relate my thoughts as I am not very good at adlib sound bites, therefore I need more time to formulate my thoughts or to have accessed genetic memory but it is not necessary to be a star to shine. This has not been written to get air time or credit it is for informational purposes only. I hope it will help in some small way. GeneticMemory By myself I'm a movement With you I'm a force! ---end of e-mail--- | ||
| I can only assume that Brother Keidi didn't get this e-mail for whatever reason as it has not been forwarded back to me with or without a reply...But this dose give me the opportunity to expound on what I was talking about, And can be a good education for those who may not know. (On the question of gold and silver as real money) It seems to me that Brother Keidi thinks that I have been listening to Malisha organizations to get my information (Nothing could be farther from the truth). As Africans we must realize that there are SOME THINGS that all people must deal with, Economics being one! As a matter of fact we should realize that African enslavement was principally an economic exploitation. In the broadcast in question one of the guest made a comment about gold being a fix standard as opposed to the expansive system such as what we have now. And this is very true and I would like to reply to that. But before I do the question of what is money needs to be cleared up. When this topic comes up inevitably someone will talk about the different civilizations that used items other than gold and silver as money. Why would anybody use gold and silver or any commodity as money? To understand that you must understand what money is! Money is not the paper promises that you have in your pocket. Isn't is curious that the word money is no longer even printed on the note? No where is there any reference to money anymore as it was! (see: Photo of 1934 dollar bill from geneticmemory.org) What are they talking "LAWFUL MONEY" | ||
| So what is money? Inquiring minds want to know! And I think that the answer should be forth coming. Money is a compression of your time. It should go without saying that, it is the thing you work for! Is this not true? So we could say it is in demand! Understanding that let quickly look at supply and demand. Lets say, you live in a town where everyone has an apple tree in there front yard and 2 or 3 in there back yard. I am a apple salesman. 1. How much of my product do you think you will buy? 2. Do you think it would be a good idea to use apples as money in our town? We all know the answers to those questions. None and No! Why? Because there is no Demand! So those different civilizations didn't use common objects as money the object that they did used were hard to come by. (ie: someone had to do work for it thereby compressing time (the time it took to get the object)) This is that curious tendency to forget history that I was talking about. If we are not all operating from the same premise then the evaluation of the equation is going to be incorrect. Now when we look back on the guest's comments about the desirability of an expansive system as opposed to a fix one, we can better evaluate the equation. Now we can see,that expanding the money supply it like planting another apple tree. (ie More apples less demand) until your apples get worth less and worth less until it they are worthless! Now what was it you have to trade with for my food? | ||
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