The Midland Mall has a new shop that sells baked goods. I have been purchasing very tasty chocolate chunk cookies there. They sell for $3.00. That's three "dollars" defined as Federal Reserve Notes (FRN).
Just as it matters what specific "United States" we are talking about, it matters what "dollar" we are referring to.
Nathan will tell you, a dollar is equivalent to one hundred (100) pennies. I introduced Nathan in the Nathanomics post last June.
The cookie list price is actually 2.99. Since the store owner has a State of Michigan "sales tax license," he has the privilege of sending that government-services-provider franchise six percent (6%) of the "income" his "Limited Liability Company" (LLC) corporation receives for each cookie. Consequently, I have to provide him with four FRNs and he gives me 83 cents in change, probably as three quarters, a nickel and three pennies.
People consider pennies pretty worthless these days, but they used to buy a lot. A penny is actual money. Money has intrinsic value.
A penny is made of copper. That copper can be made into copper wire, which can be used to make an electric motor.
An FRN is made of fiber, which can be used to light a cigar.
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d.i.s.c.l.o.s.u.r.e. |
Last month, the MFP reported the American Federation Dollar (AFD) had been launched. That particular "dollar" is valued at 1/10th the daily spot price of gold. Given that the current spot price of gold is $3000 per ounce, one AFD is exchangeable for 300 FRNs.
As Nathan knows, each American Federation "Dollar" is equivalent to one hundred (100) pennies. If he were to collect 100 pennies from his sock drawer at home, he would use them to trade for one AFD, and he would do some more arithmetic and determine that one of those pennies is worth 3 FRNs, given the exchange rate, above.
If the bakery shop owner were to comprehend this, he would accept one of Nathan's pennies for a tasty cookie because he would be able to use the pennies his business generates to acquire AFDs. He would not be interested in cigar-lighting material.
Are you confused yet? I guarantee Nathan isn't.
In a world of AFD "dollars" a penny will buy a tasty cookie, and that is what is coming.
People who correct their political status back to what it was when they were born are being given (yes, thaaat's right, ... given) 5280 AFDs per month, which they will be able to start spending soon. This is restitution for The Great Fraud that has been going on for six generations.
Eventually, everyone else's pocketbooks will force them to wake up and start doing their homework, as the FRN/USD1 "price of gold" skyrockets and the digits in their bank accounts buy less and less.
It would be wise to do that before the "stampede".
UPDATE, April 25, 2025...
1 Added the link, for convenience.