New monetary system coming?

The video imbedded here on this blog is an interesting discussion between Glenn Beck and Ron Paul just a couple weeks ago. While Ron Paul was and is the Republican I most identify with on issues and who obviously didn’t have the image and political "savvy" we Americans seem to require in our presidential candidates...his message continues on and I hope does continue with some of the grass roots support that surprised a lot of pundits this political season.

The biggest head turning point in this discussion for me was that we are seeing the end of our monetary system as we have known it all our lives. The dollar has been sinking fast over the past few years and our economy is being supported by false "buttresses" of the FED printing more money and PROTECTIONISTIC re-actions by our federal governments and agencies in bailing out banks and businesses that are in the pockets every day of our elected government officials. If you know me, you know I have historically been a positive thinking person...to be an entrepreneur makes this a core requirement for survival in life. But one of the core reasons I moved OUT of the USA in 2001 after basically going broke in the tech stock decline and losing my job with one of the largest internet integrators in the USA...was because of seeing these factors starting back then. As Paul points out in the video above, ALL monetary systems historically have a life cycle and an end. For most of our lifetimes the US dollar has been the most stable and desired currency on the globe. Why? Well, originally because it was based on the "gold standard"...and the paper we circulated was equal to a commodity backup of gold. Basically, flat paper currency was easier to transport and exchange in the market place but had some backed value. Now...who knows how to value our paper currency...or the cash balances in our bank accounts or money market funds?

It was basically during this century’s great world wars that the "big" governments had to deplete their gold reserves to pay the costs of these wars. While most anything can be justified to win wars that had so much at stake, it is interesting to wonder why we never returned to some standard for our money when the world affairs settled down a bit (You can view an interesting general history of gold standards at http://en.wikipedia.org/wiki/Gold_standard with a lot of interesting cross external links). In modern times, it is quite difficult to pin down monetary controls and values. What is a million dollars worth anymore? How much do we need to really be financially "secure"? What are the main factors that control what my dollar's buying power or value is against the rest of the global market place. Why is my dollar now buying so little in the world at large? Why is it now more expensive to buy land and real estate in Panama and elsewhere in this region for Americans than it is for Europeans and even Canadians? How has our economy...and national debt...gotten to the hideous level of valueless ness against the rest of the world? And more importantly, what are we going to do about it? I am convinced very few voters in the USA are concerned about these issues. We are allowing our attention to be pushed to other less important agendas like race, religion and other moral issues...while completely ignoring the huge morality issues of money, debt and trade. While probably many of you will never see it my way...I am personally concerned about seeing the day where Americans are drowning economically, weighted down by their mortgages, tax bills and credit cards, having no government funds left to bail them out...and all the sudden prayers will be going up to Jesus who will then be about the only potential answer to an impossible situation.

I don't believe it HAS to come down to this crash of our system as we know it. But...if we leave the same politicians and clowns in charge of all that is controlling the systems that support us and our security...we WILL someday find ourselves in an out of control situation and deep ditch from which we will not be able to dig ourselves out. We have to get back to core fundamentals of survival when it comes to our money...and quit spending that which we don’t have. We will not be able to feed others if we cannot feed ourselves. We will not be able to free others if we ourselves are not free. You don’t think this is all at stake? Think again and open your eyes and ears and mind to all that is going on in the world...and in our own government and systems. There is a lot at stake...and I don’t believe that God is going to magically come in to fix it. It is really up to us...we will live with the fruit of our own labors...or lack thereof.