MONETARY VS MILITARY Part 1


The two primary sources of power for the Mystery Babylonian System and Global Jewish/White Supremacy. And the reason you are broke!

                        












1) CONTROL OF THE MONETARY SYSTEM AND MEANS OF EXCHANGE


2) VIOLENCE, AND OR THE THREAT OF VIOLENCE IF MONETARY MEANS FAIL TO DELIVER THE JEWISH/WHITE SUPREMACY SYSTEM'S DESIRED RESULTS.

These two areas are the bulwarks of Jewish/white supremacy, no genetic exceptionalism or racial superiority.


 As the monetary system begins to crumble the system will rely more and more on the military apparatus to remain in control. Because for the Jewish/white racist demon seed individual, lack of control could lead to submission and subjugation. And submission is akin to death. The Jewish/white racist will die before submitting. He is nihilistic as well as parasitical which means he will destroy the host that he is feeding upon even if it means his own death. This is why YAHUAH said the days shall be shortened in order to prevent this from happening.


 Mat 24:22

And except those days should be shortened, there should no flesh be saved: but for the elect's sake those days shall be shortened.


 Mar 13:20

And except that the Lord had shortened those days, no flesh should be saved: but for the elect's sake, whom he hath chosen, he hath shortened the days.






Make no mistake people.


JEWISH/WHITE SUPREMACY IS DYING !!!


But unfortunately for us it is suicidal. It will not go out quietly, like an eighty five year old in a nursing home. No Jewish/White supremacy will I'm afraid , go out like a kamikaze, or a suicide car bomber on nuclear steroids. But it will go out.


The reason it is going out is simple. It has no money, no real wealth, it is too dependent on graft and murder. It relies so much on counterfeiting and usury. This has blown the western banks derivative debt bubble to over a quadrillion dollars, that's with a "Q" baby. Give you eight guesses which financial institutions are responsible for this debt bomb. They are as follows:

  1. JPMorgan Chase & Co.

    • Headquarters: New York City, NY

    • Known for its investment banking, commercial banking, and asset management services, JPMorgan Chase is the largest U.S. bank by assets.

  2. Bank of America Corp.

    • Headquarters: Charlotte, NC

    • It offers a wide range of financial services, including consumer banking, wealth management, and investment banking.

  3. Citigroup Inc.

    • Headquarters: New York City, NY

    • Primarily known for its global presence, Citigroup offers consumer and institutional banking, along with credit card services.

  4. Wells Fargo & Co.

    • Headquarters: San Francisco, CA

    • It provides services like personal banking, commercial banking, and mortgage lending.

  5. Goldman Sachs Group, Inc.

    • Headquarters: New York City, NY

    • Specializing in investment banking, asset management, and securities trading, Goldman Sachs primarily serves corporations and institutions.

  6. Morgan Stanley

    • Headquarters: New York City, NY

    • Known for wealth management and investment banking, Morgan Stanley focuses on serving corporations, governments, and individuals.

  7. U.S. Bancorp

    • Headquarters: Minneapolis, MN

    • Operating mainly through the U.S. Bank, it provides banking, investment, mortgage, and payment services.

  8. Truist Financial Corp.

    • Headquarters: Charlotte, NC

    • Formed by the merger of BB&T and SunTrust, Truist provides personal banking, business banking, and insurance services.

The current size of the derivatives market held by major Western banks, such as JPMorgan Chase, Citibank, and Goldman Sachs, is estimated at around $203 trillion. This figure represents the "notional" value of these derivative contracts, which is much larger than their actual exposure due to the way these financial instruments are structured. Notional value refers to the total face value of the derivatives rather than the actual risk or market value, which tends to be significantly lower when accounting for net exposure.

The global derivatives market overall is frequently cited at values over $1 quadrillion, but this includes all derivative contracts worldwide across a wide range of financial products, such as interest rate swaps, foreign exchange swaps, and credit default swaps. It's worth noting that the gross market value, or the actual economic exposure of these positions, is often much smaller, around $12.4 trillion as of 2021, which still represents a significant financial exposure but is more manageable when compared to the notional values.

Central clearing mechanisms, introduced post-2008, have mitigated some systemic risks by requiring more collateral and managing counterparty exposure. However, these measures have their own issues, such as contributing to liquidity crises when margin calls are synchronized during market downturns, which happened in March 2020 and again in more recent financial stresses​

The Wealth Advisor

Investopedia

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These banks play a significant role in the U.S. economy and offer a wide range of financial services for individuals, corporations, and governments.These banks are major shareholders in the Federal Reserve Bank. The average person today thinks the Federal Reserve is a public/ government entity. It is not The Fed is a private centralized bank that is owned by other banks like the ones just mentioned and other major super rich corporations and individuals. The Fed has the power to print money at will.and then lend it out at interest. This weakens the money that is in your own bank account and pockets and causes it to lose value. THIS IS WHAT WE ARE GOING TO DISCUSS HERE IN DETAIL, This is why you have to have 2 incomes in most cases to live a decent standard of living in America . This is also how the system of Jewish/white supremacy is able to control the wealth of the world by usury and the creation of debt and hyperinflation. This process is now in its death throes . This is why you are seeing so much turmoil affecting America and the world today.THE FIRST ITEM TO DISCUSS THE TERM: RESERVE CURRENCY.


Reserve Currency


A reserve currency is a large quantity of currency maintained by central banks and other financial institutions to use for international transactions, investments, and to support their respective economies. These currencies are typically considered strong and stable, widely accepted in global markets, and act as a global standard. Central banks hold reserve currencies to manage exchange rates, influence trade, and protect against economic shocks.

Characteristics of a Reserve Currency

  1. Stability: Reserve currencies tend to be from economically and politically stable countries. Investors and countries trust that these currencies will not lose value quickly.

  2. Liquidity: It is important for a reserve currency to have a large, well-developed market so it can be easily traded. High liquidity makes it easier for countries to use the currency for large transactions without significantly affecting its value.

  3. Wide Usage in Trade: Reserve currencies are commonly used for international trade. For example, oil is often priced in U.S. dollars, so countries around the world hold dollars to facilitate these purchases.

  4. Strong Financial Institutions: Countries issuing reserve currencies typically have strong financial institutions, such as banks and stock exchanges, that inspire global confidence.

  5. Trusted by Central Banks: Central banks around the world hold reserve currencies in large quantities, not only for trade and foreign transactions but also to stabilize their own currency in times of economic instability.

Functions of a Reserve Currency

  1. Global Trade: Reserve currencies facilitate global trade by providing a common standard. A stable currency used worldwide reduces the risk of exchange rate fluctuations.

  2. Foreign Exchange Reserves: Countries hold reserve currencies to influence their own currency’s exchange rate. By buying or selling their currency against the reserve currency, central banks can adjust the value of their currency to help stabilize the economy.

  3. Emergency Funding: In times of economic crisis, countries can use their foreign exchange reserves (often held in reserve currencies) to stabilize their economy or to pay off international debt.

  4. Investment Tool: Governments and private investors use reserve currencies for investments, such as government bonds, which are considered low-risk.

Examples of Reserve Currencies

  1. U.S. Dollar (USD): The most widely held reserve currency, due to the size of the U.S. economy, the strength of U.S. financial institutions, and its acceptance in global trade.

  2. Euro (EUR): The second most popular reserve currency. It is used by the European Union, a large economic bloc, and offers liquidity and stability.

  3. Japanese Yen (JPY): Japan’s currency is widely held due to Japan’s strong economy and role in international trade, especially in Asia.

  4. British Pound Sterling (GBP): The U.K. has a long history as a financial center, and the pound remains widely held globally.

  5. Chinese Yuan (CNY): In recent years, China has been increasing efforts to promote the yuan as a reserve currency. The yuan is not yet as dominant as other reserve currencies but is becoming more widely accepted.

Importance of a Reserve Currency

A reserve currency brings significant advantages to the issuing country. The demand for the currency keeps interest rates lower and allows the government to run larger trade and budget deficits than it could otherwise. However, it also brings challenges, such as increased scrutiny from other countries and reliance on maintaining stability and confidence in the currency.

You said:

What are the benefits to America of the U.S. dollar being the world’s reserve currency?

ChatGPT said:

The U.S. dollar's status as the world's primary reserve currency brings several significant advantages to the United States. Here are some key benefits:

1. Lower Borrowing Costs

  • Global Demand for U.S. Treasuries: Many countries, institutions, and investors buy U.S. government bonds as safe assets. This high demand keeps interest rates lower, which reduces the cost of borrowing for the U.S. government.

  • Cheaper National Debt: With low interest rates, the U.S. can finance its national debt at a lower cost. This allows the U.S. to carry a larger deficit and manage a higher debt level than most other countries.

2. Increased Economic Flexibility

  • Flexibility in Monetary Policy: The U.S. Federal Reserve has more freedom in setting domestic monetary policies without the immediate fear of triggering inflation or exchange rate crises. For example, during the 2008 financial crisis, the Fed implemented quantitative easing, which significantly increased the money supply. If another country tried this, it might trigger a crisis, but the global demand for dollars allowed the U.S. to do so with fewer repercussions.

  • Ability to Run Trade Deficits: The U.S. can import more than it exports, resulting in a trade deficit. Since other countries want dollars, they’re willing to accept them in exchange for goods and services, enabling the U.S. to live beyond its means in terms of consumption and investment.

3. Increased Influence and Leverage in Global Affairs

  • Economic Sanctions: Because so many international transactions are conducted in dollars, the U.S. can effectively impose economic sanctions on other countries by restricting their access to the dollar-based global financial system. This gives the U.S. a powerful tool to exert influence without military intervention.

  • Global Influence in Financial Institutions: The U.S. has substantial influence over international financial institutions like the International Monetary Fund (IMF) and the World Bank. The dollar’s dominance reinforces this influence, as these institutions conduct many transactions in dollars.

4. Reduced Exchange Rate Risk for American Businesses

  • Stabilizes Import and Export Prices: Since many commodities (like oil) and other goods are priced in dollars, U.S. companies are less exposed to exchange rate risk compared to companies in other countries. This stability makes it easier for U.S. businesses to plan and budget for imports and exports.

  • Global Investment Opportunities: U.S. companies and investors can invest abroad without having to worry about fluctuating exchange rates, as many investments and transactions are made in dollars. This provides U.S. companies with easier access to foreign markets.

5. High Demand for U.S. Dollars Supports the Banking Sector

  • Strengthens U.S. Financial Institutions: Many foreign banks need access to dollars to operate, which often requires them to establish relationships with American banks. This demand reinforces the strength and stability of the U.S. banking system and supports its role as a hub for global finance.

  • Revenue from Dollar Transactions: U.S. financial institutions benefit from the transaction fees and services provided to foreign entities who need access to dollars, whether for trade, investment, or reserve purposes.

6. Enhanced Consumer Purchasing Power

  • Lower Prices for Imported Goods: A strong dollar makes imports cheaper for U.S. consumers, allowing them to buy a wide range of goods and services from around the world at lower prices.

  • Higher Living Standards: Access to cheaper imports means that U.S. consumers enjoy a higher standard of living than they might if the dollar were not the dominant reserve currency. This is because they can afford to buy more with their income.

7. Seigniorage (Revenue from Issuing Currency)

  • Earnings from Dollar Circulation: The U.S. earns revenue from the widespread circulation of its currency, a process known as seigniorage. This happens because the U.S. can print dollars at a low cost, but foreigners hold and use them without earning interest. This difference in production cost and the value held provides a source of profit for the U.S. government.

The U.S. dollar’s status as the world’s reserve currency provides a significant economic advantage, reinforcing the country’s financial dominance, enhancing its global influence, and giving the U.S. economy a unique position in international trade and finance.

You said:

Explain more about Seigniorage(THIS IS VERY IMPORTANT)

ChatGPT said:

Seigniorage is the profit a government earns from issuing its currency, especially when it is widely used and accepted, as with the U.S. dollar globally. The concept can be understood by looking at the difference between the face value of money and the cost to produce it. Essentially, seigniorage represents the revenue generated by a government by creating currency, which can be substantial when the currency is used as the global reserve.


How Seigniorage Works

  1. Currency Production Cost vs. Face Value: When a government prints money, the production cost is typically very low compared to the face value of the money. For instance, it might cost only a few cents to produce a $100 bill. The difference between the production cost and the $100 face value is the seigniorage profit.

  2. Demand for U.S. Dollars Abroad: When foreign governments, institutions, and individuals hold U.S. dollars for trade, investment, or reserves, they effectively lend the U.S. government the value of those dollars without earning interest. This creates a significant source of income for the U.S., as these dollars are not circulating within the U.S. economy but are held overseas.

  3. Interest-Free Loan: When foreigners hold U.S. dollars, they’re essentially giving the U.S. an interest-free loan. In return, they hold a currency that is stable and widely accepted. The U.S. benefits from this "loan" as it doesn’t have to repay it with interest, unlike a traditional loan or bond.

Types of Seigniorage

  1. Monetary Seigniorage: This occurs when the government uses newly printed money to fund its expenditures. Essentially, the government can finance its budget by creating more currency, although in the long run, this approach can lead to inflation if overused.

  2. International Seigniorage: When a currency is used as a global reserve currency, international demand for it leads to foreign entities holding vast amounts of the currency outside the issuing country. In the case of the U.S. dollar, other countries use dollars for trade, investment, and as part of their reserves, creating a steady demand for dollars abroad. This allows the U.S. to benefit economically from dollar creation without necessarily causing inflation domestically.

Benefits of Seigniorage for the U.S.

  1. Revenue Without Taxation: Seigniorage allows the U.S. government to earn revenue without directly taxing its citizens. The issuance of currency is akin to a "hidden tax" on those who hold dollars, as the holders effectively finance U.S. spending by holding onto U.S. currency.

  2. Offsetting Deficits: Seigniorage can help offset government deficits. Since the U.S. dollar is the global reserve currency, the U.S. can issue more dollars without devaluing its currency significantly or causing hyperinflation. This allows the U.S. to finance its deficit spending over a longer period, given the high demand for its currency.

  3. Funding for Public Services: The revenue generated from seigniorage can be directed toward funding public services and infrastructure. By issuing currency, the government can finance certain expenses without raising additional taxes or issuing debt with interest.

Risks and Limitations of Seigniorage

  1. Inflation Risk: If the government overuses seigniorage, it can lead to inflation. This is more of a concern for countries with weaker economies or currencies, where printing money excessively leads to a rapid increase in the money supply and devalues the currency. For the U.S., this risk is mitigated by the global demand for dollars, but excessive dollar printing could still affect inflation if it leads to an oversupply of dollars worldwide.

  2. Dependence on Global Confidence: The ability to generate revenue through seigniorage relies on the continued trust and confidence of foreign countries and investors in the U.S. dollar. If confidence in the dollar wanes, global demand may decline, reducing the U.S. 's seigniorage income and possibly leading to higher interest rates and inflation domestically.

  3. Potential for Dollar Alternatives: Over-reliance on seigniorage is risky because it assumes that the U.S. dollar will remain the primary reserve currency. Should other countries, such as China, promote their currency (e.g., the yuan) as an alternative, or if cryptocurrencies gain wider acceptance, demand for U.S. dollars could decrease, reducing seigniorage income.

Seigniorage in a Global Context

The U.S. enjoys a unique position where seigniorage allows it to finance its operations without fully bearing the immediate cost. As countries around the world hold U.S. dollars, it strengthens the dollar’s value, provides the U.S. with significant leverage in global financial systems, and effectively creates a steady stream of income. Seigniorage is a powerful benefit, particularly for countries that issue reserve currencies, but it relies on global confidence and the continued dominance of the dollar in international trade and finance.

How does Seigniorage benefit the average consumer /taxpayer

ChatGPT said:

Seigniorage offers indirect benefits to the average American consumer and taxpayer by supporting the economy and reducing certain financial burdens. Here’s how it can positively impact everyday life:

1. Lower Taxes or Reduced Tax Pressure

  • Since seigniorage provides the government with revenue from currency issuance, it reduces the need to raise funds through taxes. This extra source of income means the government can potentially cover some expenditures without increasing tax rates or introducing new taxes, which benefits taxpayers by lessening the tax burden.

2. Lower Borrowing Costs and Interest Rates

  • With the U.S. dollar in high demand globally, the government can borrow at lower interest rates. This extends to the overall economy, as low interest rates generally mean more affordable mortgages, car loans, and credit card rates for consumers. Lower interest rates help keep monthly payments manageable, leaving consumers with more disposable income.

3. Increased Government Spending on Public Services

  • The revenue generated from seigniorage can help fund essential public services and infrastructure improvements, such as roads, schools, and healthcare. By supplementing government income, seigniorage helps support public spending without relying solely on tax revenue. This means better services and public projects that benefit the general population, potentially without extra tax costs.

4. Higher Consumer Purchasing Power and Affordable Imports

  • The global demand for U.S. dollars keeps the currency strong, which makes imports cheaper for American consumers. Since the U.S. imports many goods, a stronger dollar means that imported goods, such as electronics, clothing, and gasoline, are more affordable. This translates to lower prices in stores and increased purchasing power, allowing consumers to buy more with their money.

5. Economic Stability and Resilience

  • The revenue and influence from seigniorage help stabilize the U.S. economy by providing the government with financial flexibility. In times of economic downturn or crisis, the government can use this extra income to implement programs that stimulate the economy, support job creation, or provide direct assistance to citizens, such as stimulus checks. This stability benefits the average consumer by creating a more resilient economy with a safety net during tough times.

6. Protection Against Inflation

  • With the U.S. dollar’s role as a global reserve currency, seigniorage can reduce inflationary pressures domestically. Since much of the currency is held overseas, it helps prevent the dollar from losing value within the U.S. This keeps inflation lower and more stable, meaning that the cost of goods and services does not increase dramatically, which is beneficial for the average consumer's cost of living.

7. Higher Standard of Living

  • Overall, seigniorage helps the U.S. government maintain a stronger economy, indirectly supporting a higher standard of living. A strong economy benefits consumers through job opportunities, accessible credit, affordable goods, and a stable financial environment. With a strong dollar, Americans can travel abroad more cheaply, buy imported goods at lower prices, and enjoy a wider variety of products, all of which contribute to a higher standard of living.

In essence, seigniorage offers a financial advantage to the U.S. that trickles down to everyday consumers, resulting in a stronger economy, lower prices, and reduced pressure on government revenue sources like taxes. Although these benefits may not always be immediately apparent, they contribute to a stable and thriving economic environment that positively impacts the average person.

What are the cons of Seigniorage ?

ChatGPT said:

While seigniorage offers various benefits, it also has some potential drawbacks and risks. Here are the main cons associated with seigniorage:

1. Inflation Risk

  • Excess Money Supply: If a government relies too heavily on seigniorage by printing money to fund its expenditures, it can lead to an excess money supply. This increase in money circulating in the economy can drive up prices, causing inflation.

  • Decreased Purchasing Power: As inflation rises, the purchasing power of the currency diminishes. Consumers and taxpayers may find that their income doesn’t go as far, and the cost of goods and services increases, reducing their standard of living.

  • Hyperinflation Risk in Extreme Cases: In extreme cases, over-reliance on seigniorage can lead to hyperinflation. Although this is more common in countries with weaker economies, any country that excessively prints money without corresponding economic growth could face severe inflationary pressures.

2. Currency Devaluation

  • Weakened Exchange Rate: If seigniorage leads to an oversupply of the currency, it may reduce the currency’s value on international markets. This can cause the currency to depreciate, making imports more expensive, which can raise the cost of living for consumers.

  • Reduced Confidence in the Currency: Excessive money printing and reliance on seigniorage can undermine both domestic and international confidence in the currency. If investors and foreign governments perceive that a country is financing its expenses irresponsibly, they may reduce their holdings, leading to a weakened currency and economic instability.

3. Dependence on Global Demand

  • Vulnerability to Changes in Global Confidence: For countries with a reserve currency like the U.S., seigniorage depends on global demand for that currency. If confidence in the currency declines—due to political instability, economic downturns, or better alternatives—international demand for the currency may fall, reducing the benefits of seigniorage.

  • Risk of Alternatives: As other countries (such as China with the yuan) seek to promote their own currencies, or as digital currencies and cryptocurrencies gain traction, the reliance on seigniorage becomes risky. A shift away from the dollar as a global reserve currency would decrease the U.S.'s seigniorage revenue and could lead to higher borrowing costs and reduced economic leverage.

4. Potential for Over-Reliance

  • Masking Fiscal Deficits: Seigniorage can create a temptation for governments to rely on money printing instead of addressing underlying fiscal issues. If a government uses seigniorage revenue to cover budget deficits consistently, it may avoid making necessary fiscal reforms, such as improving tax policies or reducing public spending.

  • Short-Term Solution: Relying on seigniorage to finance deficits is often a short-term solution, as it doesn’t address the root causes of fiscal imbalances. Over time, this could result in structural economic problems that require more significant and difficult adjustments.



5. Impact on Economic Inequality

  • Asset Price Inflation: When seigniorage is used to finance government spending or inject liquidity into the economy, it can sometimes lead to asset price inflation (rising prices of stocks, real estate, etc.) without stimulating wages. This benefits those who own assets (typically wealthier individuals) but doesn’t help the average consumer, potentially exacerbating income inequality.

  • Unequal Impact of Inflation: Inflation, when it does occur, tends to disproportionately affect lower-income individuals. While those with assets may see their investments increase in value, those living paycheck-to-paycheck face rising costs for essentials like food, housing, and transportation.

6. Political and Economic Risks

  • Political Pressure to Finance Expenditures: Governments may face political pressure to use seigniorage to finance popular programs or reduce taxes. However, this can lead to unsustainable fiscal policies that have long-term economic consequences.

  • Reduced Fiscal Discipline: If a government becomes too dependent on seigniorage, it may lead to a lack of fiscal discipline. Governments may avoid making tough decisions about spending cuts, tax reforms, or other financial management practices, which can undermine economic stability over time.

7. Long-Term Risk to Reserve Currency Status

  • Risk of Losing Reserve Currency Privilege: For countries like the U.S., excessive use of seigniorage could risk eroding the confidence that underpins the dollar’s status as the global reserve currency. If other countries seek alternatives, such as the euro, yuan, or cryptocurrencies, the U.S. may lose its reserve currency status. This would lead to a decrease in seigniorage revenue, increased borrowing costs, and a reduction in global economic influence.

  • Loss of Economic Influence: A decline in reserve currency status would mean less control over international financial systems and reduced ability to impose sanctions or influence global trade, which could have broader geopolitical impacts.



In Summary

Seigniorage provides significant advantages, but it also poses risks, particularly if a government over-relies on it as a revenue source. Unchecked, it can lead to inflation, currency devaluation, and reduced fiscal discipline. While the U.S. benefits from the dollar's reserve currency status, maintaining that status depends on responsible fiscal and monetary policies. Mismanagement of seigniorage could not only affect the economy but also reduce the country’s influence and standing on the global stage.

https://www.usdebtclock.org/

You said:

IS Seigniorage A FORM OF COUNTERFEITING?

Mat 21:13 And said unto them, It is written, My house shall be called the house of prayer; but ye have made it a den of thieves.

Mar 11:17 And he taught, saying unto them, Is it not written, My house shall be called of all nations the house of prayer? but ye have made it a den of thieves.

Luk 19:46 Saying unto them, It is written, My house is the house of prayer: but ye have made it a den of thieves.


ChatGPT said:

No, seigniorage is not a form of counterfeiting. While both involve the creation of currency, they are fundamentally different in nature, legality, and purpose.

Differences Between Seigniorage and Counterfeiting

  1. Legality and Authority:

    • Seigniorage is the profit made by a government from issuing currency, specifically the difference between the face value of the currency and the cost to produce it. This process is entirely legal and is carried out by a country's central bank or treasury, which has the authority to issue currency on behalf of the government.

    • Counterfeiting, on the other hand, is the unauthorized reproduction of currency with the intent to deceive and pass it off as legitimate money. Counterfeiting is illegal and is considered a form of fraud because it undermines the currency's value, destabilizes the economy, and is done for personal gain.

  2. Purpose and Impact on the Economy:

    • Seigniorage serves as a revenue source for governments. The profit from seigniorage is often used to support public expenditures and helps fund essential services, potentially reducing the need for higher taxes or borrowing.

    • Counterfeiting harms the economy by introducing fake currency, which can lead to inflation, reduce public confidence in the currency, and damage the overall financial system. Counterfeit money lacks any backing and dilutes the value of real currency, often leading to increased costs for security and enforcement.

  3. Process and Transparency:

    • Seigniorage is conducted openly by central banks and governments. For example, the U.S. Treasury’s Bureau of Engraving and Printing, which prints currency, operates under strict regulations, and the costs and profits associated with currency production are documented and publicized.

    • Counterfeiting is a clandestine activity, conducted with the intention to deceive. Counterfeiters do not adhere to legal standards, and their activities are hidden, creating currency that is not authorized by or accountable to any legitimate authority.

Why Seigniorage is Not Counterfeiting

Seigniorage is a legitimate and essential aspect of monetary policy. When governments increase the money supply, they do so within an established legal framework, often with the goal of promoting economic stability. For example, central banks may increase the money supply during a recession to stimulate economic activity. Counterfeiting, however, is done without any concern for economic policy or stability and serves only the interests of the counterfeiter.

In short, while both involve the creation of currency, seigniorage is a legal means by which governments generate revenue to support public services, while counterfeiting is an illegal activity that disrupts the economy and undermines public trust.

                                THAT’S CAPP!!!!!!

STAY TUNED FOR PART 2 OF WHY YOU ARE BROKE

KELVIN L. STUBBLEFIELD IS A GRADUATE OF Middle Tennessee State University IN 1983.

HE IS THE AUTHOR OF “AMERICAN REPROBATE: GOD'S CURSE AND RESTORATION OF THE AFRICAN AMERICAN”. THAT WAS PUBLISHED IN 2012

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