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Judge Anna: A Note About Money

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A Note About Money and Foreclosures– Pun Intended

by: Anna von Reitz

Video by Gary Larrabee 

Source: Maine Republic Email Alert

Anna von Reitz:
Money, by definition, has to have value in and of itself. It is a substitute for other things of value.

An ounce of silver for a loaf of bread, a peck of apples, and ten pounds of flour reflects the “exchange rate” and this exchange rate constantly fluctuates even on a local level.

In a boom town with a dozen silver mines, the local exchange rate might be five ounces of silver for a loaf of bread, six apples, and forget about the flour.

Simple enough. In such a system there are one or two or three “standard commodities” that can be exchanged for all the other commodities that people need. Many of us grew up in a world where the standard commodities were silver…

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About Sherayx

Hi, I am a humanitarian...I love this planet, my home, your home, our home...I have been a blogger on WP for some years now...ups and downs but still think it;s one of the best. . I want to bring love and light... We have to look out for each other...we are all we have...

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