Now the problem is that eventually the debt, which includes the princple balance and the princple interest obligation, will start to demand servicing, much more servicing than the economy can produce. The signs of this demand is that economic growth becomes shallower and shallower, profits are siphoned off the economy and the economy can no longer tolerate what would once be considered minor interest rate hikes, as we have recently seen.
So, what happens next if sound money is not implemented in this country again? You will see a domino effect as economic dislocation takes place in the business sector, massive defaults that will cause other stress cracks to appear in the economy and then as the dying monetary system gasps for breath, you will see hyper-inflation take hold.

In the last 5 years our government has doubled, doubled the debt burden of this country and few people seem to realize that it will have dire consequences for each and every one of us. It hastens the time-line for the Maximum Possible Lifespan of the monetary system by years. It is estimated, by all computer models, that a partial fiat monetary system usually last between 40 to 75 years, but we have a total fiat monetary system and the same models estimate a Maximum Lifespan of between 40 and 50 years. Guess what we are in the 37th year of the Total Fiat Monetary System in this country since Nixon cut all ties between our money and gold.

I am not sure what you plan on for your future, but I certainly don’t want to become a hunter-gatherer when this system collapses and it will, it must because it is a mathematical impossibility for it to continue indefinitely. The debt is at such a point that it is multiplied exponentially and is irreversible. In fact, under our Fiat Monetary System the debt cannot be paid down because the entire economy depends on the expansion of debt to exist, without that expansion of credit/debt the whole system fails. The problem is that it is a Catch 22, the system needs the expansion of debt, but it is the massive weight of that debt that will consume the economy.

So, take a long look at the fiat money and then take a long hard look at every single nation that has built their society upon such a system…do your reseach and I think you will find that we are facing an economy collapse that none of us can imagine. We just thought the Great Depression was bad…imagine everything that depends on the Fiat Monetary System to operate. All government programs, government bonds, investments, insurances, utilities and public works, your pensions and 401ks…everything that you and I know depend on a monetary system that will implode under the weight of the debt it depends on for its creation and function.

Now…go ahead and vote for the other candidates, but I tell you this, that if Ron Paul is not elected in 2008 then by 2012 we will all wish he had been!

Consider this: a person making $32,000 per year today has the equivalent purchasing power of $5,907.40 1970 dollars. So, the same person making $15.38 per hour today is equal to making $2.84 per hour in real purchasing power in 1970 dollars. It is not the price of goods and services that have risen so much, but the purchasing power of our dollar that has been so drastically reduced. Our standard of living has been effectively reduced through fiat money inflation.

Is there any wonder that poverty is becoming rampant? The government has no other choice but enforce minimum wages in order to keep the working poor at some level of subsistence. At the current $5.85 per hour a person has the same 1970 purchasing power of $1.08 per hour, at 40 hours per week that person is effectively making $43.20 per week to make ends meet.

What are we waiting on, to become serfs of the State?

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