Central Banksters Sin-Unsound Money
Author | : Charles Moore |
Publisher | : charles |
Total Pages | : |
Release | : |
ISBN-10 | : |
ISBN-13 | : |
Rating | : 4/5 ( Downloads) |
Book excerpt: Sound money is a form of money which has a known and predictable linkage between a financial instrument and a real world asset, it is this tethering via a payment currency, that enables trust in monetary based payments.Sound money represents the ability to achieve payment finality in the face of the multiplicity of unknowns involved in any trade based transaction. Central Bank “irredeemable fiat-money” represents an untethered form of money that floats uncontrolled until like the untethered kits crashed to the earth at which point the unsound money meets the real world. With the central banksters pandemic created headwind of "Monetized Debt" based unsound money, financial stability demands a return of sound money tethered to the real world not economic theories and pixie dust economics, the banksters call Modern Money Theory.