In envisioning the aftermath of embracing an honest money system, a fundamental shift emerges—ushering in a transformation of financial structures, societal dynamics, and the very essence of governance.
This system promises a wealth of benefits, envisaging a world where sovereignty over money returns to its true proprietors: the people.
As the reins of currency control shift, democracy finds newfound durability, liberating itself from the clutches of servile politics.
Here are sixteen compelling ways an honest money system could reshape our societal landscape for the better.
1. Restoring Sovereignty Over Money
An honest money system reinstates the rightful possessors of currency—empowering Congress to reclaim sovereignty over money, placing its control back in the hands of the people.
2. Ensuring Lasting Republic
Through this system, democracy gains resilience, safeguarding itself from manipulation and serving the collective interests of the populace.
3. Purging Servile Politics
Establishing an honest money system purges Congress of servile politicians, fostering an environment conducive to genuine public representation.
4. Ensuring Just Wages and Profitable Production
This system paves the way for fair wages for workers and profitable production for farmers, ensuring economic justice.
5. Preventing Property Confiscation
Honest money shields the honestly acquired property and savings of individuals from confiscation.
6. Eliminating Money Manipulation in Governance
By removing the influence of money manipulators, this system liberates the government from domination, reducing potential war triggers.
7. Promoting Lasting Peace
Independent legislative powers empower nations to foster lasting peace, free from the manipulations of international money changers.
8. Securing Freedom of Press and Education
An honest money system upholds the freedom of press and truth in education by liberating them from monetary influence.
9. Ensuring Industry Independence
It secures independence for industries, breaking free from financial domination.
10. Equitable Credit for Manufacturers
Manufacturers receive fair credit, allowing them to offer just wages and produce quality goods.
11. Enabling Just Wages for Manufacturers
By freeing money from private control, manufacturers can pay just annual wages without competitive pressures.
12. Eliminating Non-Productive Bonds
The system eradicates non-productive bonds, redirecting financial resources to more meaningful endeavors.
13. Lessening Taxation Burdens
By streamlining financial mechanisms, it alleviates the burden of excessive taxation on the populace.
14. Re-establishing Banking Principles
Banking regains its original purpose, focusing on safeguarding money, wise investments, and communal welfare.
15. Promoting Virtuous Practices
Amidst plenty, Christian virtues benevolence find fertile ground to flourish.
16. Fostering Prosperous Futures
To enable the youth of the land to marry: Young couples will look forward not into the shadows of depression but into the sunshine of prosperity.
Advantages of an Honest Money System
Establishing an honest money system can yield numerous benefits, heralding a significant transformation in financial governance.
These advancements encompass reclaiming:
- Control of currency for the populace through congressional authority
- Ensuring the enduring presence of democracy
- Eradicating the influence of subservient politicians in legislative bodies
Economic Equity and Global Liberation
An honest money system strives to facilitate equitable wages for workers, fostering a thriving environment for farmers’ production while safeguarding individuals’ legitimately acquired possessions and savings from unwarranted seizure.
Notably, it aims to dismantle the grip of money manipulators, often implicated in instigating conflicts and wars, while promoting enduring global peace by emancipating governments from international money changers’ sway.
Such reforms would enable genuine freedom in press and education, liberating these domains from the grasp of money creators.
Discover “Money Creators” by Gertrude M. Coogan, an insightful exploration of money creation, its impact on economic stability, and the quest for a more democratic system.