American Dissident Voices broadcast of June 30, 2018
by Kevin Alfred Strom
TODAY WE CONCLUDE our story of Salvation Island with “How They Steal Our Wealth, part 3” (here are part 1 and part 2).
The shipwrecked men of the island thought they were lucky when Abraham Glucksterlingmann washed up on the shore and offered to “help the economy” there by creating a money system for them. It was all supposedly based on the gold Abe held in his “vault,” a sealed and hidden barrel. The money system Abe gave them was based on debt — just as our money system is. He lent each of the five men $200, a total of $1,000, at 8 per cent. interest, with their possessions as “security.”
At first, all went well. The economy expanded now that they had a money system. But the trouble began when the men figured out that, including interest, they owed Abraham $1,080 at the end of the year — and there was only $1,000 in total on the island, for that was all that Abe had created. Abe’s only answer was to “lend” the men more money to make today’s interest payments, putting them even further in debt and even more in danger of having their properties seized by Abe.
Let’s look in on the little community and see what’s happening now. Listen:
American Dissident Voices broadcast of May 10, 2014
by Kevin Alfred Strom
MONEY IS THE MEANS by which we are enslaved. But not one man in 1,000 knows how it is done. Today I am going to tell you.
There are many half-truths being vended on this topic in the so-called “patriot movement” and conservative and libertarian movements these days.
Conservatives and libertarians bewail the fact that the government spends more than it takes in — and then bridges the deficit by “printing money,” thereby causing inflation. But the latter part of that statement is a blatant falsehood. The government of the United States, except for some trifling amount of coins needed in commerce, no longer issues currency at all. It has the power to “print money,” but it does not do so. Instead, it goes into debt. It borrows. (ILLUSTRATION: This United States Note is a relic of the time when the US government issued its own currency.)