In earlier America, the American dollar was derived from an established amount of gold or silver based on the popular coin of colonial times -- the Spanish milled dollar. Paper receipts for gold and silver warehoused by private enterprises and private banks circulated in the first part of the 1800s. Before the Civil War, both private mint and government precious metal coins were in circulation together. The private mintage actually had a knack for containing a little more silver and gold. These are examples where the currency in America had physical limits on production and thus a natural rarity, true value and stability from an 'organic' base.

However, there were times in American history where the currency caused trouble and chaos. One was the Continental currency, a paper-only money printed during the Revolutionary War. States printing their own money contributed to the inflationary loss and economic hardship during and after those times. Then three national central banks successively rose and fell suffering the fraud, scandal and inflationary consequences of their paper monies. When the Civil War came about, paper money was issued which resulted in inflationary economic hardships that undoubtedly made reconstruction more difficult.

In other times, history has recorded the debasement arising from such paper money systems like Argentina's relatively recent banking crisis, pre-Nazi Germany, 18th Century France, the Russian Federation's ruble and from long ago the clad-metal debasement of Roman coinage which accompanied the empire's downfall.

Let us instead adhere to a system of exchange where the face value of the currency is much better proportioned by precious metals instead of using today's intrinsic low value notes riddled with national debt.

(1) Do you prefer a paper currency dependent on the promises of bankrupting politicians:

Who gave us the paltry, failing Social Security system?

Who waste and over spend government revenues?

Who use trickery and deceit in their accounting and budget practices?

Who flaunt corporate welfare and bailouts?

Who created the punitive, convoluted income tax code, I.R.S. and the welfare state?

Would you prefer a currency dependent on precious metals?

(2) Do you want to circulate a currency whose buying power falls long term due to inflation and its debt base?

Do you want to circulate a more stable currency whose buying power can rise especially in the bad times likely to come because of the national debt, fiat reserve notes and government mismanagement of our economy?

(3) Do you trust the nation's paper currency loaned from foreigners and banksters which has no direct commodity backing while its current intrinsic production value is a mere 3 cents regardless of the paper denomination?

Do you trust a silver currency that is debt-free whose silver content and production cost is more proportioned to the face value which is set adequately higher to stabilize the currency above common fluctuations in precious metal cost?

(4) Should you depend on a currency that is a heavy profit on paper notes for the banksters who issue it? This is not to mention the foreign and domestic sponsors who loan it out while it heads for collapse.

Should you depend on a currency that can preserve its buying power and buoys if silver soars higher long term as the dollar ultimately falls?

(5) Do you want an unconstitutional, illegal currency due to its nil precious metal backing whose issuance is controlled by a constitutionally unauthorized bank association granted power by an abrogating congress and whose deposits are allocated within a fractional reserve (musical chairs) banking scheme?

Do you want a legal, precious metal, private currency that is not a mechanism of collusion between politicians and banksters?

If you said yes to the latter arguments, then the Wealthcommon is your more favored currency.

.....Forget the Dollar

Imagine if your employer asked that instead of giving you paychecks, they could give you a cash advance off a company credit card where you would pay the interest. Every subsequent cash advance you got in compensation as wages would automatically deduct a minimum based on the interest of previous cash advances as pay. Would you agree to that deal? Of course not! Yet, when you accept the current US dollar, you are accepting a note or bill that is basically a collective promise to pay off the compounding interest on a cash advance from the Federal Reserve 'credit card'.

Whenever the politicians need to create easy money to spend on otherwise unaffordable pork and spending programs, they too implement the Federal Reserve's cash advance system.

Even with overall economic growth, the more money created to sustain economic circulation is also distributed as a cash advance to the masses!

A silver or gold currency's value is tangible, upfront and inseparable. If the powers at-large want to take advantage of you, then they will implement a paper-only currency whose value is by declaration (fiat). Such a currency circulates today that is linked to a national account where they can make secret deals in smoke-filled rooms, spend thrift into debt while appearing to keep financial stability by paying you with more of their paper ' I.O.U.' money. This is the currency we have today -- Federal Reserve Notes.

The Federal Reserve is akin to a national credit card where every dollar is distributed with interest due, paid back to holders of Treasury Bonds (or securities). Some banksters can make enormous profit via the difference between the face value of their currency and its intrinsic production value -- not to mention the return on interest. Politicians can make vast promises and they gain much power by implementing the paper money. If they cannot realistically pay (or immediately tax) for some pork project or programs for social bribery then they can simply have the money printed up. If the economy falters, there is the temptation to simply print more easy money to keep things rolling. Consequently, as time passes the ratio of actual labor and production to the amount of money in circulation drops. The interest and debt owed to the backers of the easy money increases and the long-term value of the currency lowers which reflects this collective monetary policy of the nation.

With this type of monetary policy, cycles occur with alternating inflation and deflation while the occurrence of particular events and indicators can differ. Let's step into a scene where there has been a notable period of low interest rates encouraging the borrowing of easy money. As more money circulates, prices begin to rise and in the mean time wages are slower to make up the difference. Some call on commercial credit markets to fill in the voids in order to sustain their living standards which results in more forwarded money being created. A bubble occurs where speculators borrow to sell ever rising demand assets. After too much sloppy leverage there is a series of defaults that triggers a credit crunch. Businesses stagger and cannot borrow to continue production and growth. A deflation occurs where commodities and asset prices fall as inventories build up while consumers cannot borrow further to spend and with job losses on the increase. As the pain progresses, a panic of bailouts and stimulus is enacted by government. Down the road this results in price inflation as liquidity soaks into the system. Now to fund the government intervention there must be either higher taxation or government borrowing. Overall, as the cycle progresses the system cannibalizes itself as more money is produced, more debt accrues, mania ensues, assets liquify, financials get bailed out, government grows and dollar value falls while job markets and living standards drop further. The order of these events can vary greatly, but heavy debts, growing government and a falling dollar are the endgame symptoms for the money system.

When creditors really pull out and money production halts there is a deflationary depression -- factories stop, inventories stagnate, prices drop to hopefully attract sales while people clench their money. Another scenario is a hyperinflationary crisis where money is produced with abandon trying to keep up appearances and hold economic activity afloat while suffering enormous debt obligations and steep drops in currency value -- sometimes overnight. (Could a stagflationary depression be another possibility?) Notice that these two scenarios are actually acted out on a weaker scale during 'normal' times, each acting as a justification for the highering or lowering of interest rates by the Federal Reserve. Thus it is obvious that this type of monetary system destroys itself by slowly implementing successive boom and bust cycles via the money supply, increasing debt while lowering currency value until there is no room left to compensate for a massive deflation or a hyperinflationary collapse of the economy. Thus, the need for a Federal Reserve to 'manage' the money supply is really a consequence of having such a fiat money system in place to begin with which is incrementing its own destruction!

Luckily in the U.S. this monetary cycle has been greatly stretched out, but nonetheless the eventual end is the same for even a wealthy, superpower nation with a good work ethic. America has been vastly drained of vitality from such a paper money system. And that's not only in economic terms but social terms as well. Paper money concentrates easier wealth in the hands of some elites and worsens conditions for the poverty level, thereby amplifying the absurd luxuries of elites and their wanna-bes while manifesting a state of desperation and crime at the poverty level, cheapening the culture as a whole. Look at some of the notorious examples of today's lifestyles of affluent depravity and chrome-plated degenerates.

Meanwhile, you do pay the direct and indirect costs of the Federal Reserve 'credit card' through its money laundering income tax which invokes imbedded compliance costs (20-30% of every dollar you spend) plus inflation, lower wages, lost job opportunities, the need for and obligations of increased private credit and of course more government growth. However, if the powers had to issue a precious metal currency then they could not produce easy money at will. They with everybody else would have to work for their money -- starting with the gold and silver miners who harvest the metals out of the mines. The money would have a much higher intrinsic value in relation to its circulation value. There would be no need for perpetually increasing rates of money production because gold and silver generally retain buying power. Plus there is a better check and balance on the incentive to grow the national money supply which will keep it more in tune to economic growth and population expansion. As with petroleum, adequate gold and silver can be found to satisfy the circulatory demand. And because living standards are less likely to suffer the inflation, interest and deficits with a gold and silver currency, less credit is needed and thus less debt results. The money system becomes even more secure by abolishing fractional reserve banking.

Now can we just grow out of the debt? How so can we grow out of the debt while using the Federal Reserve 'credit card' monetary scheme? Have you ever known anyone to grow out of debt using a credit card? Can we export our way out? Well, we have of late imported more than we have exported so foreign capital cannot be counted upon for net influx. The Euro may look better for a time, but it is essentially in the same mess since Europe is also in debt. Also many foreign banks and currencies are sured by the depreciating US Dollar. An assortment of world paper currencies abound, modelling themselves after the fiat US Dollar. And don't be fooled with US dollar rallies or any fiat currency rallies as far as a long-term indicator of security. These basket indicators measure the fiat currencies relative to one another. So, one may look stronger for a time but that can be just because the other currencies in the index are getting relatively weaker. Despite some historical periods of perceived strength in paper money and of confidence in central banks and definitely discounting the manipulations of governments, bank cartels and the complacency of fooled populations -- an adjusted long-term measure against gold, silver or even something like oil (minus the supply disruptions) will tip off the true nature and ultimate decline of fiat currencies. Similarly, over time the price of fast food combos, movie tickets and even ganja are much truer indicators of a fiat currency's performance and final destination as opposed to indexes of floating fiat currency baskets. All these trends indicate that the dollar and the other paper monies' downfall isn't just an American problem -- it is a worldwide economic problem looming.

It is obvious why the checks and balances of a precious metal money system drove the writers of the Constitution to demand such a money for the use of the nation.

Generally, initial transactions will depend on personal acceptance by field employees. This will be accomplished by presenting business cards before obtaining goods and services and then offering the currency. The cards act as a facsimile of the currency which includes additional text that will explain the advantages and function of the Wealthcommon. The cards will help illustrate that the currency is not meant for deposit at the confiscatory banks but is instead to be used as a personal savings refuge for the upcoming dollar/bank collapse. Accordingly, it is to be sparingly spent or distributed as change to patrons along with the accompanying cards to facilitate acceptance and to raise awareness of the impending Great Collapse & Greater Depression.

Besides business cards, brochures and posters will be implemented to further awareness and acceptance of Wealthcommon currency.