THE PEOPLES MONEY...steemCreated with Sketch.

in #sound-money4 years ago (edited)

This One Tenth Ounce, Five Dollar U.S.Gold Eagle is selling for 280 Fiat Dollars each, on the U.S. Mints Product Page......
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It is in Proof Condition, with a 2020 Date, and a West Point Mint Mark...
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If my Vision for Sound Money is Correct, any Regular Strike, $5 Coin will have the Spending Power of 500 of the Old Fiat Dollars, after the U.S. Monetary System does its Reset and Transfer of Wealth, into "The Peoples Money"...

Why use "The Central Banks" Rental Money, when we can issue "our own" Money...???

The Cental Banks Rental Money has been losing its Spending Power like Crazy...

How much longer do any of you think it will be, before the Rental Money's "Spending Power" reaches ZERO...???

I figure the Central Banks Rental Money has already lost 99% of its Spending Power...

It if falls below One Percent Spending Power, I suppose we'll have to adjust the Exchange Rate...

If the Fiat Dollars lose 99 and 1/2 of their Spending Power, the Exchange Rate will jump from 100 to 1 all the way to 200 to 1...

This would mean that we'll be able to remove Twice as Much Fiat Money from Circulation with our Sound Money...

Perhaps that's what we've been waiting for...

Instead of a $50 Gold Eagle removing 5,000 Fiat Dollars from Circulation, it will be allowed to remove 10,000 Fiat Dollars from Circulation...

A $5 Gold or Silver Eagle, will allow us to remove 1,000 Fiat Dollars from Circulation...

I really don't think we'll let the Spending Power of the Fiat Dollars Drop below One Percent...

In any case, I figure our Sound Money will be restored to its full 100% Spending Power...

Feel free to respond to anything I write...

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October 19, 2020... 17.2 Hollywood Time...

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