Tuesday, March 23, 2010

Chinese Paper Tiger - The World's First Fiat Currency

Global Conspiracies generally assumed that most of what we do today came out of Ancient Egypt. We are told the 'Masons' developed their secret knowledge from the earliest Egyptian civilisations, leading to the trade banks we have today .. At least the Stone Masons were working and trading in something real like marble, granite, copper, silver, sandstone, alabaster, gold .. The common theme over the last few years has been: "Bad Masons have brought down society." But, if you look at the history of what a Mason is, and look at the history of their tradition, it is based on substantial tools.

Masonic tools are everything you would need to build a house. What you would need to cut and shape stone. If you build a house out of straw bales and clay the tools are still cutting tools, trowels, tools for measuring, a plumb-line or a level. This science of measurement and stone-craft is said to have come to Europe from Ancient Egypt. Originally, it was not just about shaping blocks of stone - but was a complete way of life.

Paper money and coins did not come out of Egypt. Ancient Egyptians did not exchange gold and silver coins, or any type of coin as a form of personal wealth. The ancient Pharaohs did not hoard gold coins as a sign of their personal wealth. The system of casting worthless metals into coins as a form of exchange, or printing paper money came from China. The 15th Century Chinese Dynasty collapse was essentially the first historical Fiat paper money collapse.

Worthless metal coins and the paper money scam infected Europe in 1661 when Sweden introduced paper credit notes to be exchanged for silver on demand, and they used the Chinese trick of printing more credits than the Bank's physical silver holdings - leading to the inevitable charge of fraud. The value of exchange currencies in gold and silver was gradually replaced with the exchange of pieces of paper covered in signatures - as it was in China .. about which Marco Polo commented: The emperor of China makes so many notes each year that he could buy the whole treasure of the world, 'though it costs him nothing' ..

Imagine you are living in China at that time and the position of the Emperors is that they are gods incarnate on the Earth, and some court representatives arrive in town with the army and they give you 1,000 pieces of paper, and they tell you that in return the Emperor wants 1,000 ounces of gold .. what are you going to do? Then this troop goes to the local metal smith and they say that in return for 1,000 pieces of paper the Emperor wants 500 knives and 500 swords .. what are you going to say? You are going to take the paper and give them the gold, the swords and the knives .. obviously.

So, now you stand waist-deep in worthless pieces of paper, while your real 'wealth' - the metals, the workmanship and your resources are transported to the Royal Palace. You have pretty pieces of paper stamped with ink and filled with signatures, and the Emperor has the physical resources. They take the gold, the jewels, the silk, the swords and knives, herbs, cattle and grain .. and in return you get the signed paper. Europe gradually imported this blatant scam to gradually replace the barter and exchange system used by people when they trade goods and services.

The Chinese system clearly did not work, as the whole paper money system used by the Emperors in China crashed - while Europe started to use the same tricks that the Chinese Emperors used before the collapse in the 15th Century AD. The greed and the temptation = banks who own 10 units of silver would print 100 paper credit notes, and that meant 100 people could claim the 10 units of silver .. which technically translates as 'fraud'.

Trading value items for paper clashed with the barter system where you have people who produce metals, tools, seeds, grain, breed horses, build houses .. and they prefer to exchange goods and services. Where barter exists paper money has no value, and so the barter economy was outlawed. If the stonemason builds everyone in the village a house in exchange for land on which he can build himself a house, then how can that be taxed?

So, it is really a question of applying the art of peaceful co-existence, honesty, integrity, cooperation, the cultivation of spiritual values and mutual respect. Look around at people's total lack of regard for the real wealth of plants, trees, forests, animals, fish, land, water and consider that this is in some way a psycho-symptom of their attaching value to a worthless system of exchange. People value something that will not aid them in times of upheaval, and they do not value that which would aid them [earth/nature] if there was serious climatic upheaval.

The Chinese abandoned the printing of paper money for 500 years, turning to a silver currency, after they had learned their lesson. Here we are in 2010 with government institutions, and politicians arguing over the value of their floating paper tigers.