Gas is expensive. In California, it’s over $5/gallon. Or is it? I’m going to make a bold statement you may not be able to comprehend.
Gas has been $0.25/gallon, plus or minus a couple of pennies for the last 50 years!
How can that be, you say? It’s just one aspect of that manufactured reality we currently live in.
In fact, it’s one, if not THE most pernicious myth you have been brainwashed to believe.
When you look at the picture of the two quarters above, what do you notice? Are they the same? Outwardly, they look the same. But one is money. The other is the illusion of money. The one on the left is made of 90% silver; the other is just copper, clad with nickel to make it look like silver. The silver quarter is ‘worth’ over $5 in current fiat money, the same as a gallon of gas.
How and why did this happen? I’m going to simplify the discussion quite a bit so that we don’t get lost in the weeds. For a long time, the world was on a gold standard. In fact, our constitution states “No State shall…make any thing but gold and silver coin a tender in payment of debts.”
Did you know that? It’s still in there; Article I, section 10. And the dollar was defined by a certain weight of gold in the Coinage Act of 1792.
The amount of paper money in circulation was directly proportional to the amount of gold in the treasury and banks. And you could walk into any bank and exchange your paper money for gold. This kept government and banks honest. And prices remained relatively stable for years.
It’s based on the concept of ‘negative feedback’. This is a natural force in the universe. I learned about it in an engineering class on control systems. It was a class about how to design stable systems, be they electrical, mechanical or hydraulic. It also applies to social systems.
A government could not issue too much paper money or people would figure out what was happening and go exchange it for gold. Then they would have to stop printing. So, governments hated the gold standard because it restrained their ability to ‘do’ things, like fight wars. If a government wanted to go to war, they would have to raise taxes or issue debt to fund their follies. The citizens had the final say. Once President Nixon took us off the gold standard in 1971, government was unrestrained. Look at what that’s got us; massive expansion of government, perpetual war and death, trillions of dollars of unpayable public debt and ‘money’ that’s lost most of its value due to excessive paper money printing.
I will make another bold statement: fake money has caused the destruction of society around the world. The current state of the world is directly tied to fake money. If you are a witness to creation, you understand the forces that caused this to happen.
