Money wasn’t always our enemy, of course; I’m old enough that I knew people who were alive before it was weaponized. But modern money – dollars, euros and so on – are so destructive that they’re threatening not just individuals, but Western civilization itself.
If that sounds a bit over the top, please read on. Before we’re done I think I’ll convince you otherwise.
I call fiat currency a weapon of mass destruction because it has caused far more widespread damage than chemical weapons ever have, and has assuredly destroyed more human potential than nuclear weapons. The nuke destroys horrifyingly but rarely; fiat money destroys minute by minute, day by day, over multiple decades and in shocking proportions.
How Money Destroys
How money destroys is not immediately obvious. We grow up learning to count it and spend it, then to make it, but few of us ever learn anything more about it, even in university-level programs.
Fundamentally, fiat currencies destroy because they hijack human will on a massive scale. Here’s how it happens:
- Money (currency) is one half of every commercial transaction, and those transactions involve nearly every aspect of every life in the Western world, from birth to death. That’s immense scope.
- Fiat currency is created at roughly zero cost, by governments and the friends of governments.
- Money is used to buy all the necessities of life. Thus it is deeply and inherently motivating, and to more or less every human on the planet.
- Because of the above, anyone creating new currency units can motivate millions of human beings: powerfully, on demand, and at almost no cost.
Think about this. People work for money, spending their lifetimes trying to find new and better ways to get it. They sweat from sun to sun for it. The people who create new currency units, however, make those millions of people clamor for their new dollars, thereby directing oceans of desperation and energy, as if by an invisible hand.
Yes, that’s a gigantic position of advantage, but it’s more dangerous than just that: The lords of fiat have directed those oceans of energy and despair in horrific directions.
The Road Back To Serfdom
When you examine the motivations thrust on us by fiat currency, you see that they are leading the general populace back toward serfdom. How much of that is intentional and how much accidental I cannot say. But it is the overall direction.
Consider what we see after a century of fiat currency dominance: Never before have so many people worked so hard to display the illusion of prosperity, while remaining so deeply and precariously in debt.
I’m not just talking about poor people here; I’m talking about middle class and upper-middle class people, all across the West. And it’s important to see that it really was fiat currency that brought us here. Consider, please:
- Credit reports, rigidly controlling the flow of new dollars to workers, require them to maintain high levels of debt.
- Operators close to the currency creators get new currency (in the form of loans) that motivate armies of workers to build new skyscrapers for them. Merely by staying in the good graces of the fiat creators, stirring up the anthill to their benefit is easy.
- The lords of fiat, maintaining loans for their clients, can dictate the actions of those clients. This is the primary function of interlocking boards of directors, for example.
- Scientific research has been monopolized by the state and its myriad agencies. The inventors are perpetually begging for money that is created with a key stroke, and slaving to make the grantors happy. Science, then, has been hijacked… for free.
- Wars have become economically painless. Even World War II required rationing and suffering from the populace. Not so these days; all the necessary money is created with a keystroke. The associated debt is just added to a pile that is fairly well ignored.
- Welfare has become economically painless. Politicians have been able to spend rivers of money without consequence. The state, then, became a magic entity that could do whatever it wanted, whenever it wanted. And assuredly, hundreds of millions of people believe this is so. As a result, people stopped taking responsibility for themselves and yielded their will to the magic state… then defended their choice.
Trusting that you get the point, I’ll stop here. At the end of this line we see most people focusing only on short-term economic concerns, ignoring or evading the long term, and even hoping they’ll die before consequences arrive.
And yes, that is the fault of fiat currency.
Ultimately, the great crime of fiat currency is that it steals the will of millions of people at once. And so we get out of this trap by reasserting our will.
Oddly enough, a serious number of us have a pretty good idea of how to exit this particular Matrix. That exit of course, is to use decentralized money.
If you want to use gold and silver, wonderful, but use it. Use it to buy and sell on a daily basis. If you don’t, the ability of the fiat overlords to motivate everyone, on demand and for free, remains unchanged.
The more potent choice is Bitcoin and a few other good cryptos. This is decentralized, mathematically certain, censorship-resistant money, and it’s transferable world wide for a trivial amount. All that really stands against it is fear.
Bear in mind, please, that I’m not interested in justice for the abuses done to us; that leads to the darkening of our characters; it isn’t worth it. On top of that, we simply haven’t the time and energy for it: We can escape our chains or we can seek vengeance, but we haven’t time for both.
So, there it is. Fiat currency has softened, redirected and abused the wills of millions of people. It has drawn Western civilization (even with its flaws the most benevolent and constructive in human history) to the breaking point.
If you want to change this, you’ll have to act. Jump into Bitcoin or start using gold and silver in daily commerce. For extra credit you can start home schooling or helping people who do.
Wide and approved is the way that led us downward to serfdom; narrow and despised is the way leading upward to the reclamation of will… and to the liberation that follows.
Make a move.