Chapter 5/A-History of Money
Money. You can’t live without it, everybody needs it, and you never seem to have enough of it. At least this is how the world currently operates under the Great Plan. There has been a need for “money” or something tangible that could be traded or exchanged for goods and services for millennia. In the earliest history of mankind, it was all about bartering: Trading particular item/items for a different item or items that were needed. The first items to be used as “money” were staples of the day: cattle, grain, weapons, basically anything that had tangible value. This worked fine for millennia, but as humans advanced, they came up with new ways to accomplish bartering, and “money” was invented. Around 1000 B.C. the Chinese were the first to make metal coins to be used as currency, and around 700 B.C., the Lydians became the first people of the Western world to make coins made of metal to be used as a medium for exchange. Countries throughout the known world were soon minting their own coins with specific values. Metal was used because it was readily available, easy to work with and could be recycled into new money as it wore out. Since coins were given a certain value, it became easier to compare the cost of items people wanted, and thus facilitated trade. With the introduction of paper currency and non-precious coinage, “commodity” money---which means the coins actually had material value unto themselves such as silver or gold---evolved into “representative” money; the metal “slugs” we call coins today. This meant that what money itself was made of no longer had to be very valuable. . For a majority of the nineteenth and twentieth centuries, the majority of world currencies were based on commodity money through the use of silver and gold. Due to the results of the Great Depression, the majority of the world’s private gold reserves in the form of coins and bullion at the time were taken up by the Illuminati-owned central banks of the Western world, and the commodity money was replaced by representative or “fiat” money---which is only worth something because the government says it’s worth something. In other words, the money is only as valuable as the word and the credit of the government backing it. We continued to use silver from the Great Depression era on, until 1964, when the United States government ceased to make our coins out of 90% silver---which meant they actually had value to them. Now our coins are made of copper and zinc and have value in name only. Money is now given value by a government decree, in other words enforceable legal tender laws were made. By law the refusal of "legal tender" money in favor of some other form of payment is illegal. 151
