Global Economics – Understanding the Truth about Money

As an entrepreneur and business man for over 4 decades, nothing as been more important to me than understanding money and economy creation. I believe one of the most influential aspects to my wanting to learn more started when I was in second grade at General Beatles Elementary School watching a school sponsored class on television of these little string like puppets explaining how money was created or started. In the series of skits we learned how money started as beans.

In the skits they would go to work or provide a service or product they made and traded hand fulls of beans that they individually counted out to each other. Then if they left to another town they could exchange their beans for a piece of paper instead of carrying their beans the whole distance to the new town. Once in the new town they could exchange the paper back to beans. Then later in life, I discovered after China invented the paper, that’s pretty much the truth about how money actually started. First it was a barter based system of calories, then it went to a common exchange of metals gold and silver but it was still based on the calories needed to make, manufacture or produce the gold and silver.

Today, with Visa/Mastercard, PayPal, Vemo, US Treasury Notes, checks, blockchain digital currencies, gold and silver, NYSE, and now NFT’s and the new CBDC’s what do we know, understand and trust?

I was recently sent this video and really learned a lot. I would recommend everyone who has the same questions I do about money to watch.

“Banking is slightly illegal,” says world-renowned economist Richard Werner, who is leading the charge against CBDCs. In this episode of “The Glenn Beck Podcast,” Richard teaches Glenn that “banks don’t take deposits, and banks don’t lend money.” That begs the question, “What do banks actually do?” This discussion may make you realize that all you think you know about money is wrong. That’s not all we don’t know about the economy. We also have no clue which banks make up the Federal Reserve, who created Bitcoin, or the real relationship between inflation and interest rates. But we do know that COVID-19 revealed a global concentration of power and probably paved the way for the tool dictators of old could have only dreamt of: CBDC. Before the appeal of Universal Basic Income lures you into implanting a chip under your skin, it may be time to consider whether or not

America should follow the China-inspired path to one central bank. Perhaps, it’s time to consider what Glenn says about the central planners of our economy: “You’re in Vegas, and the house always wins.”

I recommend to all my friends and family to buy gold and silver. I highly recommend APMEX. They are very secure and offer ease and worry free shipping. I would encourage you to get a Bullion Card. You will love the benefits it provides.

By downloading their App you can stay current on all the markets. You will have a much greater appreciation of youy money and watch how it grows. This way you personally hold and control your money. A good friend once said if it doesn’t come out of the ground, don’t except it as money. Boy, was he right! Trust God in everything you do and ask him for guidance and you will be fine.

Using these tools you can watch your investments grow long term or short term.

I’m still of the understanding that gold and silver are the only true money and barter is really the best, however not always the easiest methods of exchange.

Story Update 04/14/24 – Sara Westall – Andy Schectman Podcast Download. Important!!

I hope you enjoyed the video and learned to do everything you can to stay away from CBDCs.