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My hope today is to help you understand money from as many new perspectives as possible.  If you think about it nothing in general has a greater effect on the lives of most Americans than money.  Money is why we work, how we provide our housing and food, how we are taxed and how our class structure is defined.  We can deny this if we choose to but a family with a gross income of 100,000 dollars a year lives a much more comfortable life than one with a gross income of say 25,000  a year.

Yet if you ask most people, “what is money” they really have no idea.  Now if you are going to answer that question with something like, “gold and silver” you really don’t have the answer either.  Money is far deeper than to try to simply define it with a group of commodities.  I promise you that no matter what you think about money from its constitional basis, national purpose or method of creation that today’s show will expand your horizons.  It may also challenge you.

As always, I reserve the right to be wrong and that includes today, but I have spent more effort on gaining a new perspective on this issue than any other in the past year.  So tune in with an open mind today and when you feel challenged really think about what I have to say, examine and re examine it but please don’t dismiss anything due to political allegiance or personal bias, that is all I ask.

Join me today to discuss…

• How money is created today in the US
  • The birth of dollars
  • The dollars have children, grandchildren and great grandchildren and so on
  • Buying nothing, with nothing and creating something
• How does money derive worth
  • Inflation
  • Deflation
  • Monetary Velocity
• Vanishing dollars
  • Paying off debt eliminates money
  • Defaults on debt eliminate money
  • Shrinking M3 Supply – how is it possible – why it never lasts
• The Monetary Systems Traps
  • Total debt is always bigger than total supply
  • Elimination of debt contracts the money supply
•  The income tax exists to service the debt not primary spending
• If you doubt me here are 2009s figures – first time I did this show
  • New Federal Debt in 2009 was 1.1 Trillion
  • The expense of interest alone in 2009 was 383 Billion
  • Personal Income Tax Receipts in 2009 where 1.21 Trillion
  • We spent 1.48 Trillion to service debt in 2009 about 200 Billion more than income tax receipts
• Here are 2025s figures, notice a pattern yet?
  • New Federal Debt in 2025 was $1.8 Trillion
  • The expense of interest alone in 2025 was $970 Billion
  • Personal Income Tax Receipts in 2025 were $2.7 Trillion
  • We spent $2.77 Trillion to service debt in 2025 (new debt + interest), about $70 Billion more than income tax receipts
• 16 years apart the pattern is almost identical, don’t you think it is time for us to stop pretending?
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`Remember to comment, chime in and tell us your thoughts, this podcast is one man’s opinion, not a lecture or sermon.

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