"Although gold and silver are not by nature money, money is by nature gold and silver."
by:
Karl Marx
(1818-1883) German philosopher, father of Communism, co-author of the 'Communist Manifesto'
Source:
Das Kapital - Volume 1, Chapter 2
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Or puka shells. Money is what you accept as money.
 -- anonymous     
  •  
     -- Al, DC      
    anonymous above's shallow statement reverberates the occupying statist theocracy's useful idiot. A Keynesian economist (in a legal positivist system) would say money is something generally accepted as a medium of exchange, a measure of value, or a means of payment. And, with no depth of understanding or explanation (typical of government schools), that definition is kinda sorta accurate enough on its face. A couple of examples may help to explain.

    "Gold, silver, and some other less precious metals, in the progress of civilization and commerce, have become the common standards of value; in order to avoid the delay and inconvenience of regulating their weight and quality whenever passed, the governments of the civilized world have caused them to be manufactured in certain portions, and marked with a Stamp which attests their value; this is called money. 1 Inst. 207; 1 Hale's Hist. 188; 1 Pardess. n. 22; Dom. Lois civ. liv. prel. t. 3, s. 2, n. 6" Governments and banks (especially under Basil 3 & 4) are moving to support or strengthen their foundations with gold and silver. Gold and silver have an intrinsic value as they are limited in quantity, takes a certain level of labor to produce a finished coin and have been shown to electromagnetically interface with man's being (an attraction that differs from puca shells).

    Contrary to Amerika's communistic larceny, that which is exchanged for labor (see the Keynesian definition above) is not income or money. The debt notes, gold or what ever was exchanged for labor is a pure barter. By extracting a percentage of the barter, government forces the laborer into slavery - forcing the laborer's work to be given to the occupying statist theocracy. Only when the bartered item is exchanged for another item does it become the "medium". Puca shells would more closely fall under a definition of wealth (not money) Money can be a measure of wealth. When the Puca shells are exchanged for something else, it is a trade of wealth (for example if you trade a car for a boat - the car and boat are both issues of wealth, money would denote the measure and value of the car and the boat)

    Money is an affirmative tangible with intrinsic value. A debt note may be an indicator of future wealth but, it is not money. The forced economic system of the occupying statist theocracy infesting this land does not allow private allodial / perfect ownership and has replace money with debt notes - ensuring an eventual economic collapse. The de jure States united placed into writ a natural law economic system of money. By way of example the US Constitution states: "To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures" (Art. I Sec. 8) and further; "No State shall ⋯ make any Thing but gold and silver Coin a Tender in Payment of Debts" The USA founders, and it appears Karl Marx knew the difference between money, wealth and barter.
     -- Mike, Norwalk     
  •  
    Our Founders understood this basic principle.

    That's why it its in our Constitution.

    Unfortunately, we have forgotten.

    Hyperinflation of fiat paper money ahead.

    Cheers,

    b
     -- bruski, naples FL     
  •  
    Now we know where that aristocratic, Austrian nut case, Ludwig von Mises, got his ideas and that he was employed by the Trotskyite/ Bolsheviks. Aristotle, who stood not just head and shoulders but leagues and furlongs above Wall Street's darling, Karl Marx provided Mankind with this golden axiom:
    ~~~~~
    "Nomisma (money) exists not by nature, but by law (nomos,)"
    ~~~~~
    Rabbi Marx' obvious play on Aristotle's Axiom notwithstanding. As Money Masters/Secret of Oz, and sometimes presidential candidate, Bill Still said (Still's Axiom?) "It's not what backs the currency, it's WHO controls the quantity!"

    You're right, Norwalk Mike, but the prohibition is AGAINST the STATES. No STATE shall . . .
    The CONstitution, AS DESIGNED by the traitor mole Hamilton and his minions also stripped the STATES (and the People) of the 5 most coveted magic words, "to emit bills of credit," i.e., print money.

    And while the CONstitution stole the MONEY POWER from the States and People - the very thing which had made the colonies alarmingly prosperous to the British East India Company (Bank of England/City of London tribe,) - it did NOT forbid it to the "federal" government.

    This is the "loophole" through which THREE PRIVATELY OWNED, masquerading as PUBLIC (government) central banks were driven through. Issuing their debt based, USURY laden PRIVATE bank notes, masquerading as PUBLIC, and implementing Rothschild's (nee Bauer's) Zio-Axiom - "Permit me to issue and control a nation's currency, and I care not who makes its laws," the self proclaimed destroyers of the world have indeed enslaved us all in a Web of Debt.

    Time to turn the tables if not the tide. Join us in the non-voting/non-office seeking or holding, American Defense Party!
    http://www.americandefenseparty.com/
     -- Jimi Bigbear, Libertyville, IA     
  •  
    PS - Another of the gold bug myths that needs to be exploded, is that the Continental Currency was made worthless by hyperinflation due to lack of baking by coveted gold and silver. WRONG! It was ruined by the MASSIVE counterfeiting of General Howe and his New York City Torries - loyalists to The Crown - the aforementioned City of London tribe.

    Google or better yet, Bing! an image search for Continental Currency and you'll see that EVERY denomination over a few dollars, WAS backed by gold and silver! The lawful government - the original Confederacy - only ever issued the 240 million it authorized. Howe and gang counterfeited 4 to 5 TIMES that amount.

    It was Hamilton's bribe that if he got his central bank back via the CONstitution, that he would redeem ALL the worthless Continentals with the new currency he would issue - this bribe which converted many patriots to PAYtriots - bamboozling the citizens of their States into ratifying the CONstitution. Thank God, Jefferson and a few others for the Bill of Rights, which has served quite well until the last 100 years, in protecting the People FROM the CONstitution. the glorious Tenth Amendment is our only salvation now - Nullification!
     -- Jimi Bigbear, Libertyville, IA     
  •  
    Jimi Bigbear, I like it, especially the Rabbi Marx. It could have been Reverend Marx or any other religious title of nobility. The loophole was to have a check / balance by the several States. If the States would not accept the funny money, the federal (world bankers included) would have failed. You are absolutely right, when the States abdicated the position of the sovereign individual's expression (by way of example 9th and 10th Amendments) Rothschild's Zio-Axiom became fully evident. The States now only represent their socialist lord bankers (Mr. Obamunist Goodwrench the Assassin's death panels are about to rise)
     -- Mike, Norwalk     
  •  
    I do not know who makes less sense. Marx or some of the comments above. It takes a twisted mind to find everything a spring board to how demented or corrupt our founders were. I am sure I would find it disturbing to find out what kind of government would be founded by these "intellectuals".
     -- WARREN, OLATHE     
  •  
    WARREN, lets say for argument's sake, the U.S. founders were more than demented or corrupt, lets say they were demented AND corrupt AND moral reprobates. How does that warrant a thumbs down on the subject matter of the quote. I will write this real slow so even those socialistic mental midgets from OLATHE can get it. Gold and silver, in and of themselves do not fall within the definition of money (they can be commercial products such as elements for the electrical industry or elements for the jewelry industry, etc.) When gold and silver are stamped into coins, specified by their specific weights, measures and percentage of gold and silver, the value thereof is regulated (one quarter dollar, one dollar, twenty dollars, etc.) and all that done for the purpose of measuring wealth and putting into use the coin as a medium of exchange, money takes on a finite definition. It could then be said: Although gold and silver are not by nature money, money is by nature gold and silver. The quote does not address, in any way, anything about puka shells or disturbing intellectuals. WARREN, by your comment, I am sure freedom, liberty, law and justice would be disturbing and twisted to you.
     -- Mike, Norwalk     
  •  
    Our foundering fathers were the sharpest razors in the box ! Never doubt it. Regardless if the Irish had to pay the loan back for the war ! Jackson, the only one to have the fortitude, at what ever the cost.
     -- Ron w13, Or     
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