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American dollar construct of belief

Article I Section 8 congress

coin money
regulate the value thereof
fix the standards of weights and measures

1792 coinage act regulate coins of US

dollar 3 quarters of an ounce of silver


half dollar
quarter dollar
dismes (dimes)
half dismes (half dimes)
eagle 10 dollars half an ounce of gold
half eagle
quarter eagle
inscription United States of America

money a silver coin of the US of the value of 1/10 of an eagle / 1 dollar

1st 80 years coins lawful money

1794 US Mint Philadelphia minting coins gold/silver

Section 19 death penalty for anyone caught debasing the nations money

Article I Section 10 no state shall

coin money
emit bills of credit unbacked paper promissory notes as money
only gold and silver accepted as payment of debts

Gold not money

fractional reserve banking counterfeiting

Benjamin Franklin dishonest money system reason for revolutionary war

King George III refusal of honest money system cause for war

1791 First Bank of the United States opposed by Thomas Jefferson banking institutions are danger

Private banks bad

First Bank of the United States Charter revoked by James Madison

1816 Second Bank of the United States Andrew Jackson (sworn enemy of the Central Bank)

1833 Second Bank of the US charter revoked Andrew Jackson

1849 gold discovered at California

1 dollar tenth gold eagle


20 dollars double gold eagle

1833 1890 gold $20.67 an ounce fluctuated 1 penny


1891 1930 gold $20.58 to $21.32

1861 Abraham Lincoln financed War of Northern Aggression printing unbacked paper money

Lincolns Greenbacks - Treasury reeled in coins and replaced by greenbacks

1866 silver dime 5 cent nickel replenish silver reserves

paper notes debt money among selves but not with government

1880s silver and gold certificates

1907 JP Morgan financial luminary exploited influence publishing rumors that a prominent bank in New York
in solvent? mass hysteria mass withdrawals Great Depression New York Stock Exchange down 50% - NYSE
prompted people to tell the government to Break the Grip of the Money Trust JP Morgan provided solution

Dec. 23rd, 1913 Federal Reserve was born cartel of counterfeiters began printing Federal Reserve Notes
government sanctioned note demand note redeemable only at Washington or member bank

1932 Franklin D. Roosevelt counterfeit-enabling President demonetized gold ending production in order to
stimulate economy

April 1933 FDR Executive Order 6102 10000$ fine / 10 years prison deliver, on or before May 1, 1933, gold
coins, gold bullions, gold certificates to Federal Reserve in exchange for $20.67 in Federal Reserve Paper - gold
raised %60 to $35 an ounce

1944 WWII - 730 delegates 44 allied nations Mount Washington Hotel Woods, New Hampshire rules and
regulations among worlds financial states

After WWII US emerged economic and military powerhouse - 50% of gold world wide

Bretton Woods Agreement British pound to US dollar as Worlds Reserve Currency redeemable - gold at $35 an
ounce

1945 end of war Russia and US superpowers

1945 1991 Cold War

1946 1964 -78 million baby booming children to population

Bretton Woods Agreement major flaw nothing to prevent the Federal Reserve in expanding the supply of
federal reserve notes

1964 last year US coins was struck with silver

1960s & early 70s Vietnam War Federal Reserve running budget deficits

Expenditures in Vietnam war made it clear to other countries that US was printing money more than then they
had in gold

French Under Charles de Gaulle became suspicious of US unable to honor Bretton Woods obligation US Gold
declined

1971 France attempted to withdraw its gold - Nixon refused

August 15, 1971 Richard Nixon Defend the dollar against the speculators. suspend convertibility of the dollar
to gold end Bretton Woods Agreement steal gold to countries that trusted US
War on Drugs rise in national crime 1980s?

1973 King Faisal of Saudi Arabia only accept US dollars as payment of oil protection of oil fields

1975 same offer as 1973 to OPEC (Organization of the Petroleum Exporting Countries) only accept US dollars for
oil

In order for other countries to get oil sell physical goods to America assured use of dollar origin of Petrodollar

Petrodollar cycle goods to dollar; dollar to oil; oil to goods repeat for $$$ - kept OPEC in power

70% of Saudi Arabias wealth landed in Federal Reserve of New York

military expenditures of US more than all countries in the world combined

1975 1991 US used currency to outspend all other countries amass weaponry and military

1991 end of Cold War; collapse of communist bloc thought to be an era of peace and stability US invaded Iraq
(First Gulf War) George HW Bush and Bill Clinton Administration sanctions (decade) half million children
deaths Clintons Administration aware of deaths US Secretary of State Madeleine Albright price worth it

November 2000 Saddam Hussein trade oil for Euros 3.3 billion barrels of oil US bought 2.5 million but payed
in Euros direct attack on dollar

Bush Administration with help of mainstream media fabricated Iraq had WMDs (Weapons of Mass
Destruction) Iraq Axis of Evil

2003 US invaded Iraq - oil sales turned back to dollar costing Iraqis 17% of profits

March 2, 2007 General Wesley Clark memo to take out Iraq, Syria, Lebanon, Libya, Somalia, Sudan, Iran

Libya Gaddafi organize bloc of African countries create gold based currency Dinar replace dollar within
the region after Gaddafis death by rebels Set up Libyan Central Bank

2011 US and NATO forces destabilized Libyan Government

Nothing holding up value of dollar at this point

China and Russia will not tolerate an attack on Iran and Syria

Iran key oil producing ally of China and Russia defensive pact with Syria

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