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Additional Issues for the International Court of Justice-Blood Money 10-Apr 21 2021 By Anna VonReitz
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Additional Issues for the International Court of Justice -- Blood Money 10 -- Commodity Rigging April 21, 2021 By Anna Von Reitz
It will come as a shock to many, but everything traded in this world is based on commodities. Labor is a commodity. Currencies are commodities. And despite a great deal of false advertising, all currencies including the Federal Reserve Notes, are asset-backed.
It will also come as a shock that we have been using "digital accounts" since the 1930's --- and all "money of account" has been created by the account holders themselves in a closed system of domestic legal tender.
Whatever the currencies have been and however they have been traded as cash commodities, so far as the banks are concerned, these external "tokens" are converted into digital currency tokens and entered as digits (therefore, "digital") on ledgers.
Once entered on a bank ledger, these "representations" become both a liability for the bank and an endlessly fungible and malleable source of new currency credits. That is to say, that a "digit" on a bank ledger can mean almost anything. And can be credited as almost anything, too.
A digit can be a ruble. It can be a yen. It can represent labor or gold or oil or steers in a feedlot. It's all the same to the digits. This is where the power of denomination comes in.
The people who are the source of all these digits have the power to define the digits for the bank via their endorsement, but they seldom do. And the bank doesn't ask, because the bank would rather have the latitude to define the digits however they see fit.
Thus, in America, the remedy to the debt-slavery system that gives rise to the labor-backed Federal Reserve Notes, is to properly "denominate" the digits going into and coming out of your accounts as "lawful money". This then allows people to escape the debt-slavery model and forces the banks --- at least on paper -- to actually discharge the debt represented by the Federal Reserve (Promissory) Notes.
That is, instead of allowing the debt to endlessly expand, the banks are required to "redefine" the digits and decrease the "national debt" by the redeemed amount, when you denominate your deposits as lawful money.
Unfortunately, almost no one existing outside the Beltway of Washington, DC, was ever told a word about this cozy contrivance, and as a result people did not know how to access the remedy and didn't know how to endorse their checks or how to denominate funds so as to reduce the so-called National Debt ---- a sin by omission and act of self-interested non-disclosure on the part of those offering the remedy ---- that eventually and arbitrarily allowed the US National Debt to balloon to over $25 trillion dollars.
Although it may not immediately jump off the page, this is the largest commodity rigging scheme in history, and the commodity being rigged on a stupendously large scale, is labor.
It was at this point that we raised our hands and said, "But what about the equal National Credit?"
In a Debt/Credit monetary system all transactions are in fact zero-sum. The creation of a debt also creates an equal and answering credit.
So, no "National Debt" is possible, unless the answering "National Credit" is not being applied. This is as true in America as it is in Greece or Cambodia.
Continue reading http://www.paulstramer.net/2021/04/additional-issues-for-international_21.html
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