[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Mail]  [Sign-in]  [Setup]  [Help]  [Register] 

‘I am the chosen one’

The Process of Damockrisy

Portrait of a Politician

If “Emissions” Actually Mattered . . .

Happy Birthday, Ron

Law Enforcement To Flag & Spy On "Future" Criminals

Joe Biden's brain surgeon is defending Joe Biden's brain

Seth Rich Murder Update: FBI Claims They Didn’t Investigate but NSA Claims Can’t Disclose Files Due to Matter of National Security

Bartow sheriff's deputy fired, fiancee arrested over confrontation

LAPD Shoots Unarmed Homeless Man over Noise Complaint from Neighbor

Siege at Ruby Ridge: The Forgotten History of the ATF Shootout That Started a Militia Movement

Republican Palestinian-American is sole vote against anti-Semitism monitor

Oberlin College is a microcosm of our society ... The governing class assumes we must be motivated by racism - white supremacy - sexism - patriarchy - Naziism - fascism - etc - etc - etc - by all things bad.

Just A Few Points To Ponder

Planned Parenthood abandons Title X federal funds after Trump rule prohibits abortion referrals

Antidepressants AGAIN: Dayton shooter found to have mind-altering SSRI drugs in his system

HOTCARS Are Coming

NYPD Cop Danny Pantaleo Fired over Eric Garner's Death; Loses Retirement Pension

'I'm not happy with it': Trump hits Fox News over poll results

Psychedelic Drugs Are Finally Being Used to Treat Depression in US Hospitals

Wilsonville woman in custody battle over daughter with cancer - for successfully treating her cancer with CBD Oil

Rep. Pete King is the first Republican to sign on to the assault weapons ban

Trump's Farm Bailout Flows To "City Slickers," a D.C. Lobbyist and ‘Farms’ on Golf Courses

A New Mexico Man Accused A Deputy Of ‘Gestapo’-Like Training. Then He Was Arrested.

Bernie Sanders Calls For Legalization Of Marijuana And Safe Injection Sites

The Southern Poverty Law Center is a hate-based scam that nearly caused me to be murdered

Activist Post Applies For NewsGuard’s Coveted “Conspiracy” Blacklist

Cherish Your Privacy? New Anti-Surveillance Clothes Trick Cameras by Making You Look Like a Car

Only 29 Percent Of Americans Believe Jeffrey Epstein Committed Suicide

"Foreign Policy" Goes Into Propaganda Overdrive: 'White Supremacists Want A Nuclear Weapon'

Worse Than Ever: Government Schools After 35 Years

Release of official autopsy showing broken bones in Jeffrey Epstein’s neck is all the proof we need that he’s still ALIVE… here’s why

Cokey Roberts on Meet The Press defines gun control

Flat-Earther’s homemade rocket is set to launch him from California desert

Iraq Closes Airspace Even To US Coalition Flights After Suspected Israeli Raid

The Consequences of the Intended

Joe Kennedy-for-Senate backers mount drive to drum out Ed Markey

U.S. News posted this week (11-17 Aug 2019) in Review

De'Von Bailey was running from police, shot four times, video shows

Attorney General William Barr Declares War On The General Public

Tinton Falls cops held father and daughter at gunpoint, shot their dogs: Lawsuit

'Friends, you're going to love Greenland. I was there on 9/11'

‘Easy Rider’ Peter Fonda dead at 79: ‘Please raise a glass to freedom’

The Lee Harvey Oswalding of Epstein

Hut! Hut! Hutted! For Wheelies on Bicycles

“That’s fine for you to say - but you don’t know ... what corporate America is like” --- “It’s like East Germany now.”

What good is the FBI and DOJ?

Alarm as Trump Requests Permanent Reauthorization of NSA Mass Spying Program Exposed by Snowden

50-YR OLD HAITI OFFICIAL, Slated To Testify Against Clinton Foundation Corruption Next Week, Found DEAD In Miami With “Gunshot to the head”

Mrs. Buttigag Reportedly Helped Create Phone System To Alert Illegal Aliens About ICE Raids

Status: Not Logged In; Sign In

United States News
See other United States News Articles

Title: The Myth of Authority: Mnuchin Denies USD Is Used Criminally
Source: Activist Post
URL Source: https://www.activistpost.com/2019/0 ... es-usd-is-used-criminally.html
Published: Jul 22, 2019
Author: Graham Smith
Post Date: 2019-07-23 09:15:34 by Deckard
Keywords: None
Views: 31

Authority Is an Illusion

At the very best it is a euphemism. While “authority” can be used to denote power, it is more commonly understood as a right. Financial authorities, for example, are perceived by large swathes of individuals to have the right to determine how the finances of others are managed. Where this supposed right comes from is a mystery.

Though entities like the Federal Reserve and central banks worldwide implement financial policy — setting interest rates, outlawing currencies that compete with state fiat, and taxing the population — they are often perceived to do so with a sort of moral justification. “They are the authorities, so what they say, goes.” Ultimately, authoritarianism as a belief system can be summed up in two words: “just because.”

“Why does the state get to set interest rates?” “Why is the state able to tax individuals who don’t wish to pay for X?” “Why is the state able to outlaw competing currencies and free market competition?” The answer is always, ultimately, “just because they are perceived to be authorities on the matter.”

Another Definition, Denoting Knowledge or Expertise

One colloquial definition of authority entails an understanding not viewed as being possessed by others. For example, a neurosurgeon might be an authority on brain function. In this sense the surgeon knows considerably more than others about their particular field.

As per this definition of the word, the brain surgeon does not use force to beat people up or harm them if they disagree, but simply holds more working knowledge or experience. Even if this were the operative definition of “financial authority,” however, governments and central banks fail to satisfy this criteria in repeated, stunning fashion.

The Myth of Authority: Mnuchin Denies USD Is Used Criminally

Waters and Mnuchin Are Not Authorities on Bitcoin or Money

In a CNBC interview on July 18, U.S. Treasury Secretary Steven Mnuchin defended the U.S. dollar when pressed about the fact that the currency has often been used for money laundering. When Squawk Box’s Joe Kernen mentioned that there has been “a lot of nefarious activities successfully done with cash” Mnuchin retorted:

I don’t think it’s been successfully done with cash. I’ll push back on that. We’re going to make sure that bitcoin doesn’t become the equivalent of Swiss-numbered bank accounts.

Clearly, anyone unaware of the extent to which central banks and governments have assisted in money laundering and drug-related crimes via the USD cannot be said to be an authority on money. Indeed, statistically speaking, the U.S. dollar is the leading currency being used globally to facilitate illicit and nefarious transactions.

House Representative Maxine Waters is no better when it comes to having her finger on the pulse of modern financial innovation, apparently unable to remember even the correct names of the mega successful, up-and-coming currencies preparing to outpace the dollar.

Might Makes Right

If the aforementioned definition denoting expertise or specialized knowledge doesn’t apply, it seems there’s only one definition left, and that is pure power. That is to say, the ability to apply overwhelming force to opposition. Where this view of authority is concerned, the state is the no-contest winner, to be sure. However, this approach to governance and societal management is illogical, demonstrably unsustainable, and violent. Notwithstanding, it is still the predominant and prevailing view today of what is acceptable.

Both foreign economies and individual lives have been destroyed, commandeered, targeted, and met with brute force when they oppose the synthetic monopoly of the USD via non-violent, organic market competition, time and time again throughout history.

Libya, Iraq, and now Iran stand as testaments to this reality. Individual cases such as Ross Ulbricht’s battle with the state, Aaron Swartz’s ill-fated attempt to free taxpayer funded knowledge from state-embedded paywalls, and former IRS agent Sherry Peel Jackson’s incarceration also bear witness. No matter how loudly the voices of righteous opposition seem to shout, little changes. Technology, however, doesn’t need to shout to change things. It just needs to outpace the bully called government.

The Revolution Will Be Technological

Waking individuals up philosophically to the illegitimate nature of fiat currency is most of the battle, in a very real sense. At root, it’s a matter of showing people that they own themselves, and that their money and property is theirs to dispose of non-violently as they see fit. For any other entity to claim arbitrary ownership over these things (a claim backed by violence) is to legitimize slavery.

Technology always outpaces the sluggish, collectivized movements of groups like central regulators and government. This is because individual market actors and technology don’t wait for policy or regulation before coming into being and acting. They just happen, and policy then has to catch up.

In just the past century or so alone, humanity has gone from horse-drawn carriages to self-driving electric cars and rockets. From the telegraph to instant, real-time video chat worldwide at the push of a button. With emergent platforms such as local.bitcoin.com, those who wish to trade privately, autonomously, and freely may do so thanks to technology. Mnuchin, Waters, and others can say what they will, but the tech and ability to trade in this manner are already here, regardless.

The Myth of Authority: Mnuchin Denies USD Is Used Criminally

There Is No Legitimate Monetary Authority

The surgeon may be the authoritative source when it comes to performing an operation, and the master painter might be a trusted authority when it comes to color placement, but neither of these are seeking to dominate their fellow human beings by force as an institutionalized element of their professions.

Authoritarianism as exercised by modern nation states and their centralized banks is a religion. Its pro-violence adherents are cultish and afraid of what might happen should the shadowy superstitions upholding their violent belief systems be exposed to the light of day.

Technology and the free market don’t pay much mind, though, and keep moving. Bitcoin and privacy-based blockchain solutions continue to grow, evolve, and proliferate. The moment a majority understand, and are willing to act on their realization that the monetary status quo is based on myth, is the moment that the idea of “authority” in the minds of billions loses its grip, and evaporates. In much the same way fear of the dark can be dispelled and overcome just by flipping on the lights. No preemptive regulation is necessary. (2 images)

Post Comment   Private Reply   Ignore Thread  

[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Mail]  [Sign-in]  [Setup]  [Help]  [Register] 

Please report web page problems, questions and comments to webmaster@libertysflame.com