Joanne Welch #cedawinlaw
All #50swomen to call for mediation NOW
Sign & share the updated petition with all your networks Please:
https://www.change.org/p/secretary-of-state-for-work-pensions-to-attend-settlement-talks-re-all-50swomen/u/33062898?recruited_by_id=4d358470-aa60-11ef-957d-29ce3862f5fe&utm_source=share_update&utm_campaign=share_twitter_responsive&utm_medium=twitter
Listen to Dr Jocelynne Scutt’s Radio Interview on SCR 21/11/24:
Read David Hencke’s new blog here: Westminster Confidential
https://davidhencke.com/
The Fiat Standard: The Debt Slavery Alternative to Human Civilization (Saifedean Ammous)
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#fiatcurrency #debtslavery #economicpolicy #inflation #cryptocurrency #monetarysystem #economicstability #SaifedeanAmmous #TheFiatStandard
These are takeaways from this book.
Firstly, The Concept of Fiat Currency, A central theme of ‘The Fiat Standard’ is an exploration of what fiat currency is and how it differs from other forms of money, such many cryptocurrencies. Ammous explains that fiat currencies are government-issued currencies that are not backed by a physical commodity, such as gold or silver. Instead, their value comes from the trust and faith that people have in the issuing government. He delves into the history of fiat currencies, tracing their origins and the transition from commodity-backed currencies to fiat money. Ammous argues that this shift has had profound implications for economic stability, inflation rates, and national debt, providing a foundation for understanding the broader critiques he levels against the fiat system throughout the book.
Secondly, Debt and the Fiat System, Ammous critically examines the relationship between fiat currencies and debt, arguing that the fiat system inherently encourages the accumulation of debt. By providing governments with the power to print money, fiat currencies enable states to borrow excessively, leading to national debts that can spiral out of control. This section explores how such fiscal policies not only undermine economic stability but also contribute to wealth inequality, as the benefits of newly created money are not distributed evenly across society. Ammous discusses the concept of ‘debt slavery,’ where citizens are burdened by the consequences of government debt through taxation and inflation, effectively tethering future generations to the financial decisions of the present.
Thirdly, Inflation and Economic Control, One of the most critical discussions in ‘The Fiat Standard’ revolves around inflation—an inherent feature of fiat currencies. Ammous provides a detailed analysis of how fiat currencies facilitate central control over the economy, allowing monetary authorities to manipulate inflation rates through monetary policy. He argues that such control distorts economic signals, leading to malinvestment and boom-bust cycles. The author also highlights the impact of inflation on individual purchasing power, illustrating how it acts as a hidden tax on savings. This section underscores the argument that fiat currencies, by enabling unchecked inflation, erode the foundations of a stable and prosperous economy.
Fourthly, Alternative Monetary Systems, In contrast to the bleak picture painted of the fiat currency system, Ammous explores alternative monetary systems, with a particular focus on cryptocurrency, such as Bitcoin, which he previously championed in ‘The Bitcoin Standard.’ He presents these alternatives as more transparent, decentralized, and resistant to manipulation. This section of the book assesses the properties of good money—durability, portability, divisibility, uniformity, limited supply, and acceptability—and evaluates how well cryptocurrencies meet these criteria compared to fiat currencies. Ammous posits that the adoption of sound monetary systems could usher in a new era of economic stability and freedom, free from the pitfalls of debt and inflation that plague fiat systems.
Lastly, The Societal Impacts of Fiat Currencies, Beyond economic metrics, Ammous delves into the broader societal impacts of fiat currencies, arguing that they perpetuate a cycle of debt slavery and economic dependence. He discusses how fiat systems affect education, healthcare, and social welfare, leading to systemic inefficiencies and inequalities. This section critically examines the moral and ethical dimensions of monetary policy, questioning the legitimacy of a system that benefits a select few at the expense of the majority. Through a compelling narrative, Ammous advocates for a reevaluation of our relationship with money, urging a move toward monetary systems that foster greater economic independence and societal well-being.
With this nuts-and-bolts guide, both savvy and novice investors can discover the secrets to profiting from personal and corporate debt, including municipal tax liens, defaulted credit card debt, discount promissory notes, mortgage foreclosures, and micro loans. Anyone can participate in these investments, but not all of these options are as easy as calling a broker – they require some legwork and research – so many of these opportunities often go untapped.
While there are many books on alternative investment ideas, none provide this level of practical information and advice. How To Invest in Debt provides everything readers need to capitalize on these investments. Readers will discover:
How to find and purchase debt at a deep discount
How to do effective due diligence and pick the ones that are most likely to pay off
How to collect debt, and the secrets to making short-term high interest loans
Buying future streams of cash flow
Overcoming what could go wrong before it happens
And much more.
Dozens of charts, table, forms, spreadsheets, and diagrams empower readers to get started right away, with all the tools they will need to collect and analyze data and pursue the most profitable opportunities.
How To Invest in Debt shows that if you’re willing to do the work, you can profit from debt.
A comprehensive, current survey of investment products and instruments
Thorough, accessible, and up to date, Financial Instruments is a guide to all of the financial products currently being traded in the world’s markets. Through plain language and in a user-friendly format, David M. Weiss, author of After the Trade Is Made, outlines the many tools available and their unique functions, features, and structures.
Weiss breaks financial instruments into four broad groups: equities, debt, derivatives, and mutual funds. Under each heading, he explores the many types of related products, including exotic investments such as:
? American Depositary Receipts
? Asset-Backed Securities
? Structured Debt
? Futures
? Swaps
? Unit Investment Trusts
Financial Instruments is an indispensable tool for finance professionals-portfolio managers, brokers, financial planners, and institutional investors. It’s also a definitive resource for sophisticated individual investors.