The Immediate, Astounding Advancements that Sound Money Would Kick-Start in the Creation of a More Humane World for All

In Part I of this series, I provided a brief overview of why the Gatekeepers of banking, politics and war all fiercely oppose a return to sound money. In Part II, I will explain how sound money would kick-start the greatest inroads to solving the world’s greatest problems.

(1)   Why Global Poverty Can Not Be Solved Without Sound Money

Since the inception of the US Central Bank, the US dollar has been debased roughly by 50 times just since 1913. This means that in order to equal the purchasing power of $10,000 in 1913, one would need to have $500,000 today. However, if this same situation somehow had happened under a sound monetary system (though many checks and balances would make comparable devaluation of purchasing power near impossible to remain undetected over a 100+ year period), under a sound monetary system, if one detected such fraud, one could merely turn in the equivalent 1913 units of $100,000 to bankers and demand equivalent 2023 units of $500,000 returned today. And thus, one’s purchasing power would be preserved.

As far as the dilemma of citizens not detecting debasement of gold weight in a coin simply due to the introduction of impurities by those assigned the task of minting pure gold coins, with the use of technology today, it is fairly easy for such fraud to be detected by equipment specifically designed to assay the purity of gold (or silver). Surely, millions of citizens living under a gold standard of sound money would periodically test their coins to ensure no fraud was taking place.  Inevitably, however, even under a sound money standard, this type of fraud will likely be attempted by the gatekeepers of gold. Roman emperors were known to mint silver coins with less than the standard weight to cheat their citizens.

I also know for a fact, because of contacts I had that worked for Chinese national banks, that at least one large Chinese bank mistakenly sold fake 30g Chinese panda coins containing less than 30g of silver due to a faulty buy back program that did not properly assay coins for purity. Furthermore, in past years, the S. African national mint also tried to cheat its citizens by minting 1-ounce gold Krugerrands that contained slightly less than 1-ounce of troy gold. Though I speak of all these events with proper footnotes to document their occurrences in my skwealthacademy courses, interestingly enough, when I attempted to use Google in 2023 to search for news articles of the Chinese silver panda coin and South African gold Krugerrand coin fraud, my searches came up empty, which seems to be standard protocol for Google’s search engine algorithms to censor evidence of past financial fraud.

In any event, since such frauds are easily detectable nowadays, the past historical fraud under gold standards would be infinitely more difficult to accomplish today. And not only would a sound monetary system be of great benefit to all of humankind in that it would allow us to preserve purchasing power over centuries of time, as was the case when a pure gold standard existed for a century to a few centuries in North America and Europe, but it would also allow those dwelling in poverty the opportunity, for the first time in their lives, to escape the destructive debilitating unnatural force of inflation.

To begin, let’s dismiss the garbage narrative taught in all business schools that inflation is a natural part of the economic cycle. It’s not. This fairy tale was invented by bankers as part of our global monetary system to allow only the richest of the world to escape its gravitational pull and to keep the poorest in this world (at least 4 billion out of the 8 billion population) within its destructive Sisyphean grasp. During periods of sound money in world history, with the exception of wars in which Emperors, Kings and Heads of State abandoned a gold standard to print the money necessary to fund war, inflation was near non-existent, with occasional periods of gentle inflationary or deflationary periods that had little impact on a citizen’s quality of life.

In 2018, the World Bank stated that $1.90 a day reflected income in the poorest nations in the world while $3.20 a day reflected the income in lower middle income nations.  The reason our current monetary system is so immoral and unethical is because it makes escaping poverty literally impossible for the great majority of the poorest in this world, for even when they are able to increase their salary, real inflation levels (not the bogus ones declared by our government banking military complex) outpace any increases in their salary to the point whereby their nominal increases in salary actually result in decreased purchasing power. Only ignorance gives rise to claims that we use our current accepted fractional reserve, fiat currency system because there is no better system available.

photo credits: J. Kim

Even though the above facts apply to all of us, it is most devastating to the poor, for if they increase their salary from $2 a day to $4 a day, the reason their life remains such a struggle is because their doubling of income almost will always be insufficient to outpace inflation. Such circumstances mean that any increase in daily income they are able to capture will always be eroded by Central Banker created inflation in their nations. If you are sceptical of this statement, just take my academy when I release it, for I detail and document this outcome using real inflation statistics over time. Thus a doubling of income, most times, will not even result in an increase in real purchasing power, leaving the poor stuck in a figurative monetary quicksand from which they cannot escape.

A return to sound money would mean that the poorest of the poor that earn anywhere from one dollar to three dollars a day, were they to double their daily income, would actually be able to save twice as much or buy twice as many goods and services as before, thereby enabling them to slowly escape their circumstances of poverty and to build a better life. However, under our current system, it is much more difficult for the poor who live in emerging markets to escape the centrifugal forces of Central Banker created inflation due to inflationary rates that are multiples higher in emerging markets than in developed markets. For example, in Argentina, one could have bought a modest car in 2001 for 17,500 Argentine pesos. By 2015, Central Bankers had devalued the purchasing power of the Argentine peso so dramatically that nearly the same amount of pesos (15,119) could only be used to purchase not a car, but simply a smartphone! (Once again, I’ve documented and footnoted this ridiculous reality in Argentina created by our immoral monetary system in my academy courses). And given such impossibilities of escaping inflation in many nations on our planet, how in the world is anyone living in poverty expected to “pull themselves up by their bootstraps”, as often recommended by billionaires around the world, to make a better life for themselves? Of course, such tripe forwarded by billionaires is impossible to achieve in nations in which inflationary rates have spun out of control.

(2)   Why Sound Money Would Greatly Curtail Terrorism and War on Our Planet

photo credit: Reuters

Hand in hand with sound money greatly alleviating the worst conditions of poverty around the world, I firmly believe its reinstatement would most definitely significantly end terrorism around the world. Although many studies of the root causes of terrorism tie its origins not to poverty, but to political authoritarianism and the lack of political freedom, I think the inextricable link between poverty and politics makes the conclusions of such studies which dismiss the role of poverty in terrorism incorrect. I’ve spent considerable time traveling in a number of poor SE Asian nations afflicted by terrorism that was clearly a product of religious and political separatism movements.

State persecution of Muslims in the south of Thailand often leads to acts of terrorism in the Thai regions that border Malaysia and occasionally migrate North to Bangkok. The persecution of minority Hindu Tamils by the Buddhist Sinhalese led to a bloody 25-year Sri Lankan civil war. However, as was the case that resulted in the horrific Hutu slaughter of 800,000 ethnic minority Tutsis in Rwanda in just over 100 days, one cannot really state that such acts of terrorism are rooted solely in political oppression absent of severe economic oppression as well. For example, in Rwanda, the minority Tutsis and majority Hutus dwelled in peaceful coexistence for decades prior to the Belgian occupation. However, when the Belgians favored and elevated the minority Tutsis to positions of political, and thus, economic power, this artificially created more economic hardship for the majority Hutus, thereby triggering decades of simmering colonial-created resentment between the Hutus and Tutsis that exploded into mass slaughter in 1994.

The British played the same divide and conquer role in Sri Lanka as the Belgians did in Rwanda, elevating the minority Tamils to higher economic and political positions over the majority Sinhalese during their rule, triggering a violent and bloody 25-year civil war between the two factions. In fact, all throughout history, colonialists have used the same tactics of artificially dividing the nations they occupy by elevating minority groups to positions of power in order to divide and control a nation.

And thus, it is undeniable to state that there is a very close link between economic oppression and political oppression that gives rise to terrorism. If political oppression that gives rise to terrorism was not preceded by, or instituted alongside economic oppression, given the prevalent history of economic and political oppression being intertwined, I believe that incidents of terrorism worldwide would be greatly tempered. I’m well aware of the devastating consequences of terrorism as I’ve literally missed suicide bombers detonating suicide vests by just a few hours in Bali, Indonesia. I also lived in another city in Asia just a few kilometers from a detonated backpack full of explosives that killed twenty people. However, despite my understanding of these horrific acts being a consequence of State political and/or religious persecution, the fact still remains that the economic circumstances of the perpetrators were far worse than the surrounding population-at-large and were committed by people who lived in communities that offer little economic hope for a financial future. And this has convinced me that the dots between poverty and political persecution must be connected for terrorism to be solved.

Furthermore, on a scale of larger executed military theatre operations and wars between nations and not just between different ethnic and religious groups, war creates debt on a larger scale that is extremely profitable to bankers. I will explain this more fully in a future post titled, “The Idiocy of the ‘I Stand With Ukraine’ Narrative From Both a Non-Ukrainian and Ukrainian Perspective”.  Such a stance begs for bankers to burden all involved countries with war-originated debt that will enslave all involved nations for decades to come. Thus, I still believe that the sound money effect of leveling the playing field of banking and money that grants the poor a puncher’s chance of escaping poverty would greatly reduce incidences of global terrorism. And regarding why a return to sound money would stymie wars from developing, I’ll discuss this more in part (4) below. Unfortunately, since war is such a profitable undertaking for the Military Industrial Banking syndicate, as we all know that the War Against Terrorism is an endless war, they will continue to feed terrorism for centuries to come unless we can revolt and institute sound money once again.

(3) The Foundation for Every Proposed Solution to World Hunger Must Be Sound Money

Given my explanations above for how the implementation of sound money principles in global banking would greatly curtail global poverty and terrorism, the explanation of how world hunger cannot be solved without first implementing sound money should be self-evident.

With that said, let’s move on to why the implementation of sound money would also greatly curtail global wars.

(4) Wars Feed the Global Debt Monster Necessary to Control Nations. Sound Money Slays the Debt Monster

Though the above clip is from a fictional Hollywood movie, it is definitely worth watching as it explains the role of banker created global debt in a manner that will always be censored from academic classrooms

Depending on how one defines a war, there are anywhere from a dozen to more than 30 wars ongoing every year, a sad commentary on the maleficent nature of those that run global politics, including even the most recent beloved Heads of State like Barack Obama, who ironically won a Nobel Peace Prize despite definitely acting as a war hawk during his entire reign as POTUS. If you observe the below map, if one defines a war as a conflict that results in mass casualties, then there were at least 40 ongoing wars in the world during 2021 and 2022.

One commentary on the color codes above. Some of the numbers of deaths caused by wars in the above regions are likely highly underestimated as the numbers reference “conflict” deaths that would not include hundreds of thousands of collateral deaths from the use of DU (depleted uranium) munitions during war, from war-induced famine, and from innocents killed during drone strikes. But that commentary aside, the reason I strongly believe that sound money would massively temper the number of wars on our planet every year would be the disappearance of the profitable nature of war that is encouraged by our current morally flawed debt-based monetary system.  

Today, we are quick to go to war with almost every attempt at diplomatic resolution in any global conflict rejected by the MIB (Military Industrial Banking) syndicate. In fact, I’m certain many reading this article are unaware of the attempt of Russia’s Putin to broker a peaceful solution to the current war he is fighting against NATO in Ukraine before his decision to invade. Of course, I would be shocked if most reading this article were not exposed to opposite claims of war propaganda that it was Russia, not Ukraine, that rejected attempts to broker peace prior to war. But this is par for the course as the level of understanding of truth about war is about equivalent to the level of understanding of truth about money, meaning that less than 1 in 10 million understand truth in both topics.

Because war is so profitable to members of the MIB syndicate, war is often driven by shameful profiteering motives that would be far more transparent under a sound money, non-debt based system. And this is why the MIB is so staunchly opposed to a return to sound money and constantly spread propaganda against the manifestation of such a possibility. As you study sound money on your own, you will also likely be shocked by the amount of academics that have been recruited by the MIB syndicate to spread anti-sound money propaganda in classrooms to keep their current immoral monetary system alive. Declaring war is simple these days because the consequences of Central Banks creating money out of nothing are profitable to all parties involved in the decision to go to war.

Central Bankers make billions from the interest on trillions loaned to States to enable war in other nations. Defense contractors make trillions from the munitions and arms they manufacture that are sold to States involved in centuries of war, including defense contractors that supply war munitions for wars fought outside of their nations. “Devastate and destroy life in other nations, not ours, and profit from death!” should be the war cry of all war hawks. And the losers of every war are always the world’s citizens, due to the massive devaluation of domestic fiat currency that results from Central Banks printing trillions of currency out of thin air to fund war (i.e. most Americans remain ignorant of how the war in Ukraine is rotting their American dollar savings accounts). Most citizens of most nations involved in war do not understand this consequence in any intelligent manner and thus, foolishly cheer on the demise of their savings accounts to the delight of the MIB syndicate that must laugh behind closed doors to this displayed ignorance.

However, under a sound monetary system, since gold, for example, cannot be created out of thin air to fund war, massive questioning would arise from the citizens of how such wars were being funded. There would only be two possible answers. The sound money standard would have to be abandoned to fund war, which would result in all citizen’s money losing purchasing power, an act that would be understood by most of a nation’s citizens versus being understood by almost nobody today. Or a nation’s gold reserves would have to be woefully depleted to fund endless wars, an act that would also be massively protested by the people for it would gravely endanger that nation’s future economic viability.

I sincerely believe that due to the massively more difficult nature of funding war under a sound monetary system, and the fact that war’s crushing economic impact upon the citizens of warring States would be far more transparent than the “silent war tax” of inflation that occurs today, that diplomacy would be pursued far more often to avoid war than to actually participate in needless wars that murder millions of innocent people. under our current fraudulent immoral banking system, convincing millions of ignorant people that evil Russia is responsible for your soaring food and energy prices, when this is pure war propaganda, is as easy as taking candy from a baby. However, under a sound monetary system, such blatant propaganda lies would be much more difficult to spread.

As proof of my argument, how many people do you personally know that have parroted the war propaganda narrative, “I stand with Ukraine” that have also educated you about how their support for this narrative has significantly debased their currency’s purchasing power? And how many among those who have stated, “I stand with Ukraine” would still state this support if they understood how much their support debases the purchasing power of the savings of all citizens of the US, the UK and certain nations in the EU? To both questions, I assume the answer would be zero or close to none. Education is the first step to stopping all unnecessary wars. And the reinstatement of sound money, by its virtuous qualities, would educate billions around the world.

Conclusion

The amount of information in this article is less than 1% of the information contained in my academy about sound money alone, let alone all the other course topics I address in my academy. If any of this information was new to you, or not even new to you, but made you realize that none of the world’s greatest problems can be solved without solving our crisis of unethical, immoral money first, then please take action and share this information with others today. My exposition of why our immoral global monetary system in use today is vastly responsible for creating the world’s greatest problems should alert you to the fact that many of the arguments forwarded by the Gatekeepers of information against returning to a sound monetary system are completely bogus. Furthermore, since one of my missions in life is to help provide the spark to reinstate sound money in this world for all the reasons I’ve outlined in this article, the greatest gift you can give to me is to forward and share this article with everyone you know.

False arguments, such as (1) not enough gold exists in the world to return to a gold standard, or (2) nations that returned to a gold standard would be restricted in economic growth or in defending their borders in war, only sound credible and rational because 99.9% of us are poorly versed in the history of money.  Thus, such lies are able to be forwarded for public consumption without dissent because less than 1 in 100 million know how to debate and expose such lies.

There are so many falsehoods distributed by the Gatekeepers to prevent us from learning about the constructs of sound money. A return to sound money would be the single most positive thing to happen to all of us in our lifetime as I explained above. A return to sound money would create massive progress in the world’s greatest problems within the first five years of deployment. The distribution of propaganda against a return to sound money is so prevalent today, that a Nobel Prize in Economics, an award of politics much more than an award of actual brilliance displayed in the field of economics, was awarded to Paul Krugman, an act equally ludicrous as the awarding of the Nobel Peace Prize to war hawk President Obama. Consider that Krugman has issued many ludicrous and/or misanthropic statements in the past, including advocating for the (1) minting of trillion dollar coins to pay off the US debt; and (2) faking an alien invasion to trigger US defense industry growth to stimulate a fading US economy.

Many billions around the world were fooled by the bogus narratives that the mRNA experimental drugs were completely safe and efficacious simply due to our ignorance of the standard timelines to vet immunizations as safe and efficacious that requires 5 to 10 years, if not more. The unfolding tragedy of excess deaths could largely have been avoided simply if we were far more educated about immunizations that would have prevented mass blind compliance to orders given by the ruling class. Likewise, the vast majority of us have been fooled by bogus narratives made about fair and equitable monetary systems simply because we are ignorant of the vast volumes of knowledge about monetary history that have been systematically stripped from all academic textbooks and classrooms.

I firmly believe that education is the first step to creating a better world in the future, and that even though education without action is useless, raising awareness is the first step toward making a significant change in the unacceptable status quo that exists in this world. Since articles such as this one will surely be censored, shadowbanned and removed from every single major media’s search engine results, the only way we can  create the world we want in the future is to take action. Be the spark to a better world today by sharing the link to this article far and wide. As this article required over a week to write, please do not republish this entire article on other sites, but please be considerate enough to only publish the first two paragraphs with a link back to this original article out of respect for my work. Our ability to economically not just survive in the future, but to thrive as a community interconnected to one another across the world, rather than one that remains apathetic toward one another, depends upon educating the rest of the world to the single greatest solution to the world’s greatest problems.

If I’m 94 and we still don’t have sound money as the global monetary system in this world, I will still be working towards pushing the world into this idea. Please help me make such a goal more realistic during my lifetime rather than one that will not come to fruition for many more generations. Thank you for reading this entire article and have a blessed day, or evening!

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PS. Thank you for reading skwealthacademy by J. Kim. Should you know anyone deeply involved in attempts to solve global poverty and hunger that wish to learn more about sound money, please have them DM me on instagram @skwealthacademy. I don’t post or check my IG regularly, but I will after publishing this article for the next few months.