Over the past several weeks the idea of paying off the national debt with a single coin of a nominal $1 Trillion value has received wide circulation. That concept was first given broad exposure by Ellen Brown in her book Web of Debt, and she floated it again with the approach of the fiscal cliff. Although the idea is legal and that there is no good reason why it cannot be used, federal officials nixed the idea, saying “Neither the Treasury Department nor the Federal Reserve believes that the law can or should be used to facilitate the production of platinum coins for the purpose of avoiding an increase in the debt limit.” The Los Angeles Times article gave no reason for such beliefs.
The key word in this statement is “believes.” The fact of the matter is that the idea of a trillion dollar coin is sound and entirely legal within the present system. Some have scoffed at the idea that a coin could have a nominal value of $1 trillion, but it is possible to assign a coin any value that we so choose, just as the Federal Reserve Bank assigns different values to paper money simply by adding zeros. These officials do not want to believe in this solution because it does not benefit their masters, the vested interests they serve at the expense of the public. Of course the truth is that entire financial system is based on a complex of beliefs created with a motive for stealing from the general public and this is the basis of all of our economic woes.
For example, one of the major beliefs promulgated by modern money theory is that paper has value. Print it up with an impressive and fancy design, pictures of cultural icons, various official numbers and seals, and mere numbers can indicate its “value.” On some pieces of paper the value of “1” is declared, and on others a value of “20”, or “50,” or “100,” “1,000” “10,000” or even “100,000” and wallah!, these ordinary pieces of paper now have “real” value. Why? Because the govmint says so, that’s why.
The govmint has the authority to declare that something of no value has value and this is why the entire system works—and does not work. It does not work for millions, even billions, although it surely does work for those representing the govmint as well as their cronies, and that is why the charade is not going to stop. They enjoy the results and you pay.
Why paying off the debt with a coin of $1 trillion nominal value is that the “money” was created out of thin air by the privately owned “Federal Reserve” (Not) Bank and loaned to the govmint at interest. Why not pay off illusion with illusion? Because it will not serve the purpose of the system which is to make you a slave without your even knowing it.
The govmint, one of the parties to this fraud, uses its authority to usurp the money of the hard-working people to pay this odious debt to the tune of hundreds of billions of dollars. The taxes continue even though 40% of the people of America do not have sufficient money to feed themselves without govmint help. Something is very wrong with this picture, but the charade and illusion continue, and will continue until people decide to give up living in illusions of all sorts and accept reality.
One of the sub-themes of my book “Spiritual Economics” is that our modern society is based on a whole set of illusions and this is why we face so many problems—not just economic illusions, but political, social and spiritual as well. The value of paper money is just one of those illusions. The idea that we can “own” anything is another. That idea is laid to rest once and for all when we die and everything that was “ours” is left for others to then “own.” Another is the idea that the pursuit of one’s own selfish-interest magically results in the best interests of all—the so-called Invisible Hand of the market. It’s now plain to see that the bankers and fund managers pursue their self-interest at everyone else’s expense.
One of the other very significant illusions of modern life is that we are the physical body, but the fact is that we are spiritual beings who live in a material body for some time. The body is “alive” while the spirit-self (soul) is present, and when the soul leaves the body it is said to be dead, although the living element lives on elsewhere. This fact is attested to by millions of people—some 2-4% of the population—who have been quite conscious and experiencing many things while their body was dead, the “near-death experience.” They have come back to tell us that life continues after the body. Anybody listening?
One of the latest books to testify to this fact is “Proof of Heaven” written by a neurosurgeon who contracted a severe case of E. coli bacterial meningitis that attacked the cortex, the area of the brain thought by neurosurgeons to be responsible for consciousness. But while Alexander’s body lay in a death-like coma for a week with his cortex totally non-functional, his consciousness was very alive elsewhere, and he came back to report about it. This former atheistic scientist had a first-hand lesson that consciousness does not depend on the brain, but instead the brain and body depend on consciousness. Living in the illusion that we are the body and the purpose of life is simply to enjoy ourselves, in any way possible, creates a great deal of the misery that we suffer from.
The suffering will continue as long as we continue to play along with the illusions of modern life, also known as the “world order,” or our current way of living, that has been crafted by the bankers and given to us. Until we begin to accept the spiritual reality of our existence and begin to live in ways that take into account that reality, the illusions and their attendant problems and suffering must continue.
Here’s how it works: choose illusion and take the suffering that comes along with it; or choose reality and wake up to our spiritual reality of bliss. Which do you want?
It’s time to wake up to reality. We know too much about the causes and consequences of illusion to continue living that way. What we need now is a New Spiritual World Order—a New Spiritual Economic World Order—and a spiritual economics that functions according to that reality.