Friday, August 08, 2008

gods of gold?

gods of gold?
by Ted Rudow III,MA ( Tedr77 [at] )
Thursday Aug 7th, 2008

In ancient times, the medium of exchange was almost always precious metals such as gold, silver, nickel, brass or copper, etc., mined and minted into coins by the various governments, with the imprint of those governments and their rulers and the designation of the coin's value according to what the government said it was worth. As a government became more and more decadent and corrupt and dishonest, its money became more dishonest, until the people found that the coins were no longer being made of pure gold and silver but filled with other less valuable metals: The gold coins became more brass and copper than gold, and the silver coins became more nickel, zinc or lead, etc.

In recent history America was even making pennies out of aluminum when copper was scarce.--And of course paper coinage is quite a modern invention in fairly recent history, which came in with the invention of paper and printing press. Nevertheless, for the past few years the world has continued to drift dreamily along, still believing in the power and value of the American dollar, supposedly backed by the power, worth and word of the American government. So that, since America went off both the gold and silver standard and no longer has to exchange either for her dollars, the world has continued to drift dreamily along on pure faith in the paper tiger of America, the Green Paper Pig, the dollar, and that it's worth what its government says it is worth! When actually the dollar is really worthless and without any intrinsic value whatsoever with no backing or redeemability in coinage of actual value such as gold and silver!
If you think that past generations and cultures were foolish for worshipping gods of gold and silver and wood and stone, give a second thought to modern man who has been worshipping gods made only of paper, and very thin paper at that, for a good many years now! But he's now beginning to lose faith in his paper gods, these worthless currencies, and they're beginning to fall! They'll soon be worth so little they'll be cast away as worthless, and only things, services, goods, products and materials of actual value and usefulness will be considered of any worth.
Ted Rudow III,MA

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