While gold, or silver backed representative money legally requires the bank of issue redeem it in fixed weights of gold or silver, fiat money’s value is unrelated to the value of any physical quantity. Even a coin containing valuable metal may be considered fiat currency if its face value is higher than its market value as metal. All of the major world currencies are now fiat currencies.
Fiat money or currency is man’s attempt to control the money system so they can create a marketplace for centralized control over the people. Kind of reminds me of the “money changers” in the Temple during Jesus’ day. Debt controls go way out of whack when those that run the fiat currency are allowed to print their way out of debt. Today in our country of America it’s called Quantitative Easing (Currently at the rate of 85 billion dollars a month for the purposes of monetizing the debt) by the private corporation called the Federal Reserve, something that is extremely dangerous to the stability of the currency.
(http://useconomy.about.com/od/monetarypolicy/f/fed_monetizing_debt.htm) In a fiat currency the common man is screwed (their held currency/savings and earning power is valued less and less as inflation takes over from continued printing) and enslaved in degrees by centralization until complete servitude is obtained: Government’s claims to own all money, debt, and property (via property tax system) and everyone, thus deciding the fate of all the people.
This is not a new thing – for most of human history the people were “owned” by Kings, replacing God as the Owner of all. Wars since the beginning of time have been fought over that control and ownership. You should also know that debt and taxes are always used as a means of enslavement and domination/control by all centralized powers.Usury was forbidden in the community of God’s people (Deut. 23:19-20). Usury is the practice of making unethical or immoral monetary loans. Depending on the local laws or social mores, a loan may be considered usurious because of excessive or abusive interest rates. According to some dictionaries, simply charging any interest at all can be considered usury. Jubilee year provisions, God’s way (every 50 years all property reverted back to the original family given the area of land – Leviticus chapters 25-27), solved generational economic mistakes. These God-given Kingdom concepts are completely foreign today.The high level of centralization of government in a society is the marker of the final degree prior to complete collapse. Most centralized systems label things that do the exact opposite to deceive the people, and to get their blind support, e.g., the Affordable Care Act. And the same kind of deception also exists in the private sector within large corporations and banks. The more domination by the ‘select’ elite few adds to the speed at which corruption and evil takes over. Ultimately the push will be for complete global control/domination and centralization as per the book of Revelation. That global domination agenda has been around since man began, but what past generations did not have that we do is a complex, lightning-fast technology to accomplish the ‘vision’ that is increasing at blazing speed. The banking systems have always been the target of those wanting to dominate or manipulate nations and peoples.America was the historical ‘great experiment’. Its Constitution was very unique with its strong wording to ensure the Government’s powers would be decentralized and balanced as much as possible. Over the course of 200+ years that decentralization-balanced ideology with the reliance that the people would be a God-fearing people has moved and eroded into a more and more unbalanced centralization with no recognition of God.God’s systems are the ultimate decentralization of power and free will to every individual. The power to choose. “Choose you this day whom you will serve…” A centralized institutional Government is about choosing for you. This is true in all institutional centralized systems, including structured institutionalized churches. Man’s ways always gravitate towards centralization in all of his dominating endeavors. We are living in an increasingly and exponentially centralized world and time of history.
Man’s control over man really isn’t control; it’s domination. Free will makes control really impossible. Control really is an illusion. That’s what is so cool about God. He is the ultimate de-centralizer, giving every individual the power of choice.
Incredible. Giving complete value to every individual. Choose love, He says. Amazing.Remember, God has never relegated his Ownership over the earth or any of His creation. Stewardship is much different than ownership. When we think we ‘own’ something we step into God’s arena where He should be standing. And it’s a very dangerous place to stand.Who is your Owner?