"The thing that hath been, it is that which shall be; and that which is done is that which shall be done: and there is no new thing under the sun. Is there any thing whereof it may be said, See, this is new? It hath been already of old time, which was before us." Ecclesiastes 1:9-10
James A. Garfield was the 20th President of the United States.
He was quite an interesting chap in my opinion.
Why? Well, because of his views about Government Spending, the Money Supply and the Gold Standard.
According to Wikipedia “Garfield became a staunch proponent of a Dollar backed by a Gold Standard and strongly opposed the “Greenback”.”
For those of you in the audience who don’t know … the Gold Standard is the name given to the backing of a currency with Gold.
Gold has been used to back currencies in the past because Gold has an intrinsic value in and of itself and because it maintains this value over time.
With a Gold Standard, a currency can become money – or rather, I should say, a currency can assume the status of money. It will never be real money. A currency will only ever be a currency.
In and of themselves, currencies aren’t worth much. So, backing a currency with Gold gives the currency a value than it would otherwise not have.
As an aside … Cash, the physical form of currency, the bank notes that are in circulation nowadays are really just paper - pretty, printed pieces of paper. Or, as for coins, they’re shining bits of metal.
A currency that is not backed by anything, is called a “Fiat currency”.
I refer you to two videos I’ve done entitled, “Money v Currency” and “Fiat Currencies” as part of the Jigsaw Puzzle series to get a better understanding of these topics.
Anyway, back to Garfield … He was an advocate of the Gold Standard and against fiat currencies. Indeed, it would seem that he favoured the Gold Standard throughout his political career, so it was something of a consistent theme for him.
Apparently, he was a fine orator and in 1868 he gave a two-hour long speech about currencies in the House of Representatives, which was widely regarded as his best oratory to that point.
I should also say that he was against any increases in the Money Supply which were not backed by Gold. To put this another way, he thought that Governments shouldn’t just print currency as they pleased. Each and every bank note issued should be properly backed by Gold.
When he became President, he ordered the Secretary of the Treasury William Windom to re-finance the national debt by doing something with U.S. bonds which I won’t go into here. The operation saved the Taxpayer an estimated $10 million which was a fair sum in those days.
His Presidency however was extremely brief, lasting a mere 4 months. He served as President from March to July of 1881. His Presidency was unfortunately cut short becuase he was shot by a lone gun man. He succumbed to his wounds, dying in September of the same year.
But I’m sure his views on Monetary policy had nothing whatsoever to do with his assassination.
It was probably just one of those curious coincidences in history with no connection existing between the two events.
Moving on …
Let’s turn our attentions now to another US President … John F. Kennedy … the 35th President of the US.
Executive Order 11 11 0 was issued by JFK on June 4 1963. It stipulated that Silver Certificates would replace the Federal Reserve Notes. So, this order basically meant power would go from the FED back to the Treasury. This move would have effectively ended the FED.
As everyone knows, he was assassinated in Dallas, in November 1963. Was he killed because of this? I think it’s very likely one reason. It’s especially interesting that this Executive Order was reversed in the year following his murder.
But maybe this is just another one of curious coincidences in history with no connection between the two events and I’m just a crazy Conspiracy Theorist.
I’ll leave you with a quote from Garfield … "Any party which commits itself to paper money will go down amid the general disaster, covered with the curses of a ruined people."
Wise up and rise up
For anyone who’s interested, I have a channel on Bitchute called “the Alt Economist”.
I've always had that feeling in the back of my mind :( There have been so many things that seem to contradict themselves in actions/words. Those of us who try to follow along (not experts by any means!) try to reason out what is bad vs truth - sometimes think that the situation reminds us of Anti-Christ. So confusing and nowhere to run! Yikes - I appreciate all comments to help us understand. They get mad if I even suggest suspicion as Conservatives, and not to just accept the obvious contradictions. Who/what is the better choice (if we even had one) for what's coming? There just doesn't seem to be any other to consider. Appreciate your comments!
Hi Greg, love your information and entertainment. It is important that you and others use a different term for the main stream media. Everytime you use that term you give them legitimacy. I know you use propaganda ministry most of the time but be conscious to Never Use the mainstream media. I wish we could all agree on an alternative description.
I’m beginning to wonder if the selection committee has determined that Biden is unelectable and willing to let the markets go to achieve the greater goal and the leave mess to the next president.
Th USA is following exactly in the foot steps of the Roman Empire.
Yesssssssssss!!!!
"The thing that hath been, it is that which shall be; and that which is done is that which shall be done: and there is no new thing under the sun. Is there any thing whereof it may be said, See, this is new? It hath been already of old time, which was before us." Ecclesiastes 1:9-10
THIS GUYS BOOK SAID THAT 5 YEARS AGO https://rumble.com/v3knsap-you-are-not-being-censored.-you-are-just-being-limited-due-to-your-hate-spe.html?mref=6zof&mc=dgip3&utm_source=newsletter&utm_medium=email&utm_campaign=DollarVigilante&ep=2
You are right!
Greg.... keep up the Good Fight my Friend
Dead Presidents (in the US) ....
James A. Garfield was the 20th President of the United States.
He was quite an interesting chap in my opinion.
Why? Well, because of his views about Government Spending, the Money Supply and the Gold Standard.
According to Wikipedia “Garfield became a staunch proponent of a Dollar backed by a Gold Standard and strongly opposed the “Greenback”.”
For those of you in the audience who don’t know … the Gold Standard is the name given to the backing of a currency with Gold.
Gold has been used to back currencies in the past because Gold has an intrinsic value in and of itself and because it maintains this value over time.
With a Gold Standard, a currency can become money – or rather, I should say, a currency can assume the status of money. It will never be real money. A currency will only ever be a currency.
In and of themselves, currencies aren’t worth much. So, backing a currency with Gold gives the currency a value than it would otherwise not have.
As an aside … Cash, the physical form of currency, the bank notes that are in circulation nowadays are really just paper - pretty, printed pieces of paper. Or, as for coins, they’re shining bits of metal.
A currency that is not backed by anything, is called a “Fiat currency”.
I refer you to two videos I’ve done entitled, “Money v Currency” and “Fiat Currencies” as part of the Jigsaw Puzzle series to get a better understanding of these topics.
Anyway, back to Garfield … He was an advocate of the Gold Standard and against fiat currencies. Indeed, it would seem that he favoured the Gold Standard throughout his political career, so it was something of a consistent theme for him.
Apparently, he was a fine orator and in 1868 he gave a two-hour long speech about currencies in the House of Representatives, which was widely regarded as his best oratory to that point.
I should also say that he was against any increases in the Money Supply which were not backed by Gold. To put this another way, he thought that Governments shouldn’t just print currency as they pleased. Each and every bank note issued should be properly backed by Gold.
When he became President, he ordered the Secretary of the Treasury William Windom to re-finance the national debt by doing something with U.S. bonds which I won’t go into here. The operation saved the Taxpayer an estimated $10 million which was a fair sum in those days.
His Presidency however was extremely brief, lasting a mere 4 months. He served as President from March to July of 1881. His Presidency was unfortunately cut short becuase he was shot by a lone gun man. He succumbed to his wounds, dying in September of the same year.
But I’m sure his views on Monetary policy had nothing whatsoever to do with his assassination.
It was probably just one of those curious coincidences in history with no connection existing between the two events.
Moving on …
Let’s turn our attentions now to another US President … John F. Kennedy … the 35th President of the US.
Executive Order 11 11 0 was issued by JFK on June 4 1963. It stipulated that Silver Certificates would replace the Federal Reserve Notes. So, this order basically meant power would go from the FED back to the Treasury. This move would have effectively ended the FED.
As everyone knows, he was assassinated in Dallas, in November 1963. Was he killed because of this? I think it’s very likely one reason. It’s especially interesting that this Executive Order was reversed in the year following his murder.
But maybe this is just another one of curious coincidences in history with no connection between the two events and I’m just a crazy Conspiracy Theorist.
I’ll leave you with a quote from Garfield … "Any party which commits itself to paper money will go down amid the general disaster, covered with the curses of a ruined people."
Wise up and rise up
For anyone who’s interested, I have a channel on Bitchute called “the Alt Economist”.
https://rumble.com/v3knsap-you-are-not-being-censored.-you-are-just-being-limited-due-to-your-hate-spe.html?mref=6zof&mc=dgip3&utm_source=newsletter&utm_medium=email&utm_campaign=DollarVigilante&ep=2
I've always had that feeling in the back of my mind :( There have been so many things that seem to contradict themselves in actions/words. Those of us who try to follow along (not experts by any means!) try to reason out what is bad vs truth - sometimes think that the situation reminds us of Anti-Christ. So confusing and nowhere to run! Yikes - I appreciate all comments to help us understand. They get mad if I even suggest suspicion as Conservatives, and not to just accept the obvious contradictions. Who/what is the better choice (if we even had one) for what's coming? There just doesn't seem to be any other to consider. Appreciate your comments!
https://www.thegatewaypundit.com/2023/09/what-is-going-three-separate-coin-shop-owners/
CBDC is unconstitutional only congress can coin money what is the fear you so called land of the brave people
Hi Greg, love your information and entertainment. It is important that you and others use a different term for the main stream media. Everytime you use that term you give them legitimacy. I know you use propaganda ministry most of the time but be conscious to Never Use the mainstream media. I wish we could all agree on an alternative description.
Japan and China dumped a ton of bonds last night again.
By the end of the week we will see the MMRI in the 300 teens or higher
I don’t arguing that point… as I happen to largely agree. But the reality is, Brandon is the named President. Aside, my point was apparently missed.
I’m beginning to wonder if the selection committee has determined that Biden is unelectable and willing to let the markets go to achieve the greater goal and the leave mess to the next president.
(I’m beginning to wonder if the selection committee has determined that Biden is unelectable)
Biden was never elected by the people he was selected by the Deep State (The Rich)
What Price is goog to buy JPI
woops JEPI(whats the symbol for the ETF?)Crime that pays is crime that stays!!!!
CBDC!
You have made some great predictions that have come true Greg and yes the CBDC is a coming.
You were telling all of the Trump supporters that Trump will not be President in 2020 and you were 100% correct.
https://rumble.com/v3knsap-you-are-not-being-censored.-you-are-just-being-limited-due-to-your-hate-spe.html?mref=6zof&mc=dgip3&utm_source=newsletter&utm_medium=email&utm_campaign=DollarVigilante&ep=2
Anyone know anything about Chris MacIntosh's Insider?:
https://capexinsider.com/promotion/join-insider-and-save/
https://rumble.com/v3knsap-you-are-not-being-censored.-you-are-just-being-limited-due-to-your-hate-spe.html?mref=6zof&mc=dgip3&utm_source=newsletter&utm_medium=email&utm_campaign=DollarVigilante&ep=2
Stick a fork in it.