The cable business networks are all a flurry with discussions about rising prices, bank failures, and our failing economy.
But I have noticed something critical missing in these discussions.
Seldom is anything mentioned about the underlying cause of our troubles...
The worthless piece of paper we call the dollar! The question is why? How many times have you wished you could print money to pay your bills like our government does? It would be great if you could, wouldn't? Of course, we are not allowed to print our own dollars to pay our bills like the government does to pay its bills.
Whenever private citizens do print money, it's called counterfeiting.
When the government prints money it's called funding.
Either way, whoever prints it, it's still a worthless piece of paper.
And the only reason this worthless piece of paper remains in demand is that people believe in it.
They have "faith" those worthless pieces of paper have value.
Years ago, paper dollars were certificates redeemable in silver or gold.
The value of those silver and gold certificates was the silver and gold on deposit in banks.
Anyone could redeem those certificates for the precious metal they represented.
In other words, it was the silver and gold "Payable to the Bearer on Demand" that gave paper money its value.
But no more.
Today, paper dollars are just that: Paper! They are called Federal Reserve Notes and have no value other than the paper they are printed on.
They have no redemptive value and bear no promise save debt.
If the paper dollar does have value, its purchasing power can only be measured by how many other paper dollars are out there.
In other words, the more our government prints more dollars, the greater it lessens the value of every other paper dollar in our pockets.
And as it turns out, our government must create billions of new paper dollars everyday just to pay the interest on its increasing debts.
It is this ever-growing mountain of debt and paper dollars that is behind rising prices.
It explains why banks are failing, home prices are falling and why our economy is failing.
So the question is raised: Why are not more people talking about this worthless piece of paper called the dollar? Why do we hear so little about it on the cable business networks? Is it because if the truth be known about the dollar no one would want them anymore? Is it because this truth would cause world-wide panic and disorder? Certainly it would, but I believe there is another reason.
It's called ignorance.
So long as the population at large remains ignorant about what gives paper money its value, the ruse of paper money having value will continue until this growing mountain of paper implodes on itself.
This mountain of worthless paper money has been growing for over 50 years.
It cannot continue to support its ever increasing weight much longer.
The time is very near when, by rule of natural law, it will implode on itself.
History is replete with examples of this phenomenon When this time comes for the U.
S.
dollar, those left holding paper dollars, and those left depending on paper money will suffer terrible consequences.
The pundits on the cable business networks are telling people who have 401ks, Mutual Funds, and the like to "stay the course.
" They say, "The stock market will eventually rebound as it always has done in the past and grow to new highs.
" And maybe it will for a time, but to what end? Stock certificates are measured in worthless paper dollars.
When the time comes and this mountain of paper money implodes on itself, of what value will stock certificates, 401K's, bonds and Mutual Funds be that are measured in dollars? The Bible says, "The prudent see danger and take refuge, but the simple keep going and suffer for it.
" (Proverbs 27:12).
If you are prudent, you will take financial refuge in something other than in paper dollars.
You will convert as many paper dollars as you can into time-honored silver and gold.
For the time will soon be upon us when worthless paper dollars will be widely recognized for what they are: Worthless!