Greens for Monetary Reform

Part 1: Natural Law and Man-Made Money

Series Title: The Nature of Man and the Nature of Money

by Sue Peters GPNY

The human being seeks to know. This starts at birth and continues throughout the physical and interpersonal growth of every person. The human being is naturally curious about the world — people, animals, colors, movements, touch, temperature, behaviors, etc. etc. etc.

This growth imperative is a natural law. If not stopped by negative people and circumstances in the person’s life, it continues throughout life.

On the other hand, money is not a natural law. As the philosopher Aristotle said (384-322 BC), "Money exists not by nature, but by law." In other words, the nature of money is a decision made by people in a society. Each society makes this decision.

In addition, Aristotle’s teacher Plato (423-347 BC) taught that money is needed "for purposes of exchange." The needs of humans are met with food, shelter, clothing, etc. A human can’t eat money, but the human can buy food, rent a house, pay for clothes — with money.

Therefore, money has POWER. For a beggar on the street, it means life or death. For a young high school graduate, it can mean continuing with a college education or not. For a physical laborer, it means a sufficient hourly wage to feed and clothe his family. For a young adult, it can mean being able to leave home and start a family. etc. etc. etc.

This is POWER over peoples’ lives. It is serious business.

So, what your society decides is money is very important to you. However, in the history of our country, the man-made nature of money has been hidden away from the citizens. "What do you mean &endash; hidden from me!" you yell. Most Americans, when asked where money comes from, answer, "from the government." This is false.

Since money has POWER over people, there have been uncaring people throughout history that use money to gain power over ordinary citizens. There have also been caring people who have fought and won and instituted a money for a caring society. This series will present examples from the present and from history, to teach readers why it is critical to know the nature of our money system. Hint: our U.S. money system is a dreadfully uncaring system. Suggestion: read ahead at our Banking and Monetary Reform website, "greensformonetaryreform.org."

Squinting through the Overton Window

The Restricted View of What is Happening

by Howard Switzer GPNC

I think the focus on Trump is a narrowing of the Overton Window. Trump is merely the latest agent of the financiers who push all public policy down our throats because they control the funding, they control the creation and allocation of the global money supply. Was Obama any better regarding policy outcomes? No. Who was the last President to defy the financiers? JFK. The monetary system we have issues all the money as interest-bearing debt, a form of slavery that systematically extracts and concentrates wealth from the people and the planet who create it all, to those who own the system. (BlackRock/Vanguard)

Everyone should see by now that partisan politics is getting us nowhere. It is time for a post-partisan discussion about the common threats to our collective wellbeing and what can be done to address them.

As Nicole Negowetti writes,

"Polarization is not a failure of communication; it’s a business model. Media platforms, political actors, and algorithms profit from outrage. While we argue over ideology, concentrated power deepens its hold. Binary thinking offers comfort from certainty, identity, and clear enemies. Mainstream media rewards it, institutions depend on it, and our nervous systems default to it under stress. Yet that comfort is costly. While we debate whether to trust institutions or defend autonomy, children grow sicker, ecosystems unravel, and corporate power tightens its grip.

Post-partisan practice could reposition conflict and help us discern which battles are worth our energy and who we can stand beside, even in disagreement. Sometimes that means opposition; sometimes, unlikely alliances. Always it means asking: Who benefits from how this is structured, and what would it take to shift that balance of power?"

To shift the balance of power one must know how power is derived.

In the example above it is clear that corporate power is the problem. It is also easy to make the connection between the depressed economy and corporate power. Once corporate power is acknowledged it is easy to make the case that corporate power is money power. There is plenty of evidence and everyone knows money is what corruption runs on. Without money the private interests would not have such power over the government and the economy. Money is so important, one must wonder why we weren't taught where money comes from in school? Such a discussion could lead to people seeing a common thread running through all the issues they are struggling with.

A Rockefeller with no money is just another Joe. Money is power, it is the governing factor, thus we are ruled by private interests. As Frederick Soddy said in 1933, money is supposed to be "the distributive mechanism of society. To allow it to become a source of revenue to private issuers is to create, first, a secret and illicit arm of the government and, last, a rival power strong enough ultimately to overthrow all other forms of government."

Money is the Achilles Heel of the system, the system's "leverage point" where one small change, in this case the bookkeeping rules that allow banks to create money, can change the entire system. It will also reverse the negative physical and psychological consequences of usury which the entire system is based upon. It shifts the monetary paradigm from money issued temporarily as interest-bearing debt for personal gain to money issued publicly as a permanently circulating asset for productive public purposes. This shifts the paradigm from personal gain to public care, to a gentler more caring economy.

"The mightiest government will be rendered absolutely impotent if the people realizing their power use it in a disciplined manner and for the common good." – M.K. Gandhi

Dismantling America's Debt-Based Financial System

by Richard C. Cook GPMD

Transcript of Video posted May 15, 2025 by Richard C. Cook

I’d like to speak to you about Trump's tariffs by showing how Alexander Hamilton's compromised US financial system has come home to roost. To understand what is really going on, we need to study history.

Alexander Hamilton was named the first secretary of the treasury by President George Washington on September 11, 1789. They knew that the new government was not just broke. It was deeply in debt. This was because Hamilton would be lobbying to get the federal government to pay off—at face value—all the debt from Revolutionary War bonds sold to ordinary citizens to raise money to fight the war. But this benefited mainly wealthy speculators who scoured the countryside to buy what had become worthless paper. Hamilton was frank in his logic. He wanted to bind the moneyed class—mainly merchants, investors, and foreign bankers, primarily British bankers—to the new republic. So from the very start, the US government was a cash cow for the already rich.

In fact, the day after Hamilton became secretary of the treasury, he borrowed $50,000—then an immense sum—from his own Bank of New York, followed by another $50,000 from the Bank of North America in Philadelphia, to tide the government over until it got up and running and began to collect revenues from his planned tariff regime. But they knew tariffs on imports would never be enough. The underlying purpose of Hamilton’s program was to recreate the British imperial system, also based on government debt, for our own Western Hemisphere empire. Hamilton used the word "empire" many times in his vision of America’s future. He knew that like the British Empire, America’s would also mean endless war. So a large standing army was also planned.

Nothing has changed in the intervening 236 years. The system has not been altered in any important respect. It has just become more locked in and harder to change, especially after the Federal Reserve System—actually designed by the European bankers—took effect in 1913, now over a century ago.

So here are the main elements of the system:

The federal government, charged with applying the military force to create and expand the empire—now worldwide—is essentially bankrupt. To get money it has to go to the rich and mortgage the country’s future with the sale of bonds; of course, it has to out-compete all other countries with the same bleak outlook. The rich have an enormous and compliant banking system to borrow from in order to expand their bond purchases ad infinitum. The interest on the bonds is paid by the working classes at all income levels through taxes. Cumulative federal, state, and local taxes now run at about 50% of national income.

A massive number of government, contractor, and NGO employees have also been living off the government’s deficits, creating a huge voting bloc to maintain the status quo. The government has even gotten foreigners to accept its dollar-denominated debt as payment against trade deficits by using US military might to enforce use of these dollars as a world trading currency. The only way for anyone to escape debt is through wars, default, or a devalued currency—that is, inflation, for which there is constant pressure. The government actually promotes inflation because this increases tax revenues needed to service the interest on the debt.

Until recently, the US (and Britain behind the curtain)—actually their rich bondholders—have ruled the world. Except that the world has now changed with other power centers arising and interest payments on the bonds becoming so high they can no longer be paid off. The Trump administration has recognized the catastrophic failure of the system. In fact, the entire Western financial structure is bankrupt. So now tariffs have to go up in order to increase revenue, rebuild domestic manufacturing, create jobs, and reduce borrowing. Government expenditures must also be reduced, hence the huge budget cuts. The nation’s survival is at stake. Meanwhile, global finance is trying to crash the stock market to provoke hysteria. Britain and Israel, both fortresses of globalist influence, have been trying to stoke more war in Ukraine and the Middle East. And, as always, the globalists will continue their relentless campaign to dumb down, brutalize, terrorize, and even genocide the world’s population. Underlying all is the inordinate lust for power.

What I have just explained is what is really behind the decision by the Trump administration to change the system, even if those involved are not fully conscious of all the pieces of the puzzle. Yet an intelligent person might now even suggest that there’s got to be a better way to go about it, or at least measures that can be taken to improve the chances of success. And of course there are. The original American colonies, particularly the Massachusetts Bay Colony, were able to create what may have been the most prosperous region on earth by utilizing their own indigenous currencies until the practice was outlawed by the British Currency Act of 1767. When Hamilton helped write the US Constitution, he made sure that no indigenous currencies would ever be issued in America. Only currency backed by loans from the rich, both to individual citizens and the government, would ever be allowed.

For a time, the government’s First and Second Banks of the United States functioned as a legitimate source of loans for industrial and infrastructure development, but this was short-lived. The Second Bank was abolished after President Andrew Jackson pulled out government savings. But at least it was recognized that credit should be treated as a public utility, not just the property of the rich. Then during the Civil War, the Lincoln administration issued its own debt-free Greenbacks which kept working-class America afloat into the 20th century, until the Federal Reserve Act was passed in 1913.

Before and during the Great Depression, there were many voices speaking out for a Greenback-type national currency and many calls for local currencies as well. But instead, Keynesian debt financing—more government borrowing—was embraced on a massive scale. Then, prior to his assassination, President John F. Kennedy issued an executive order, though never implemented, to mandate issuance of a new regime of silver certificates as legal tender in payment of debt and taxes. In 2011, Congressman Dennis Kucinich entered a legislative proposal for a system of indigenous national currency with a provision that would also abolish the Federal Reserve. This legislation, called the NEED Act, remains on the books. It would create a true Treasury-run national monetary authority and also contains a provision for a national dividend, similar to the Alaska Permanent Fund, to balance government deficits and reduce consumer debt.

In other words, there’s a whole world of research, writing, and historical precedent available to the Trump administration to solve today’s crisis, if they are willing to break free of the globalist financiers, largely working from the City of London and New York, who have held our country in subjugation for over two centuries.

The US declared political independence in 1776, but we lost our economic independence to globalist finance. They are the ones who suck up the profits from our massive public and private debt, much incurred through endless war. Now is the time to regain our freedom. We can hope that Donald Trump understands that.

Burning Billionaires

After Being Burned by Billionaires

by Howard Switzer GPNC

How the ultrawealthy are ruining our economy, society, and planet, so says Chuck Collins book, Burned by Billionaires. I haven’t read his book, only this nice review by David Korten.

When I first heard of Patriotic Millionaires, I was the unlikely President of the Alliance For Just Money. We had spoken of wanting to connect with other groups in common cause who wanted to change the system so I wrote a bunch of groups I thought we might align with, Patriotic Millionaires was one of them. When I first heard of them, I thought, "Is this a dream come true?" I imagined Millionaires funding a mass movement for monetary reform. Perhaps even getting us some mass media exposure like MMT, and they only have one multimillionaire behind them. PM, Patriotic Millionaires not Positive Money, says they want to create a fair and transparent economy. They do not mention that a sovereign money system that directly benefits the public as its first use is the best way to do that. In fact having money allows you to do a lot. So, I wrote them with my best pitch. I never got a response to the idea of monetary reform.

The author of the book, Chuck Collins, is an active leader/participant in the reform movement. He is a Senior Scholar and Director of the Program on Inequality and the Common Good at the Institute for Policy Studies, where he co-edits Inequality.org; he is a founding board member of Patriotic Millionaires, and writes and speaks extensively on economic inequality, climate disruption, philanthropy, the racial wealth divide, affordable housing, and billionaire wealth dynasties.] One cannot deny that he has done some good.

His book blames the behavior of billionaires and points out that it is bad for them just as such inequality is bad for everyone else. There is research showing how wealth affects human behavior. Monopoly was a board game invented to demonstrate that. I often point out the negative psychological consequences of a monetary system based on usury. It is the gross debasement of a vitally important cultural artifact which debases the entire culture.

The problem I have with Patriotic Millionaires is that they seem to have a blind spot about the monetary system. And why not? They get paid just for being rich in this system. They may claim they want systemic change and list some of the benefits of one although for a solution they are usually just referring to increased taxes and wages, and some public policy that will benefit the public for a change. Increasing taxes and wages has been the game plan for the last 100 years which has failed miserably because it ignores the systemic cause of all the problems, our usurious monetary system.

Perhaps they fear such a change as distributing wealth and power broadly throughout society. Or, as Bucky Fuller said, "They fear there isn’t enough to go around." Whatever it might be I think Upton Sinclair was right when he wrote, "...it is difficult to get a man to understand something when his salary depends upon his not understanding it!"

Imagine, I’m 80 years old, pained that I can’t give anything to the monetary reform groups I am part of, struggling to survive on social security amidst absurd inflation, and I feel lucky compared to the situations of millions less fortunate. I’m watching the world devolve into madness and I get regular fundraising appeals from a group called Patriotic Millionaires! Their last appeal was extolling the genius of Hamiltonian Economics. Here is my response.

Indeed, millionaires would favor Hamilton's debt-based money - industrial economics - over Jefferson's asset-based money - agrarian economics. Hamilton is responsible for getting Congress to hand over the nation's monetary authority, the power to create the nation's money supply, to a private bank in violation of the Constitution. He modeled the US economy after the system we just fought to free ourselves from, the Bank of England's system so favored by Adam Smith. The structural flaws in using credit for money has become obvious as the debt sours high into the trillions of dollars with no plan or way to pay it off, not to mention the debt being 3-4 times the money supply. Feigning care for farmers, mothers and other producers of wealth is rich since the system concentrates wealth, creating poverty and dependence systematically.

"The United States debt, foreign and domestic, was the price of liberty." Alexander Hamilton on the statue in front of the U'S. Treasury building.

"The rich rule over the poor, and the borrower is the slave of the lender." Prov 22:7

Apocalypse Unfolding

Hearkening a New Beginning

by Howard Switzer GPNC

I love seeing the Apocalypse unfold as the crimes of the elite are exposed despite their efforts to keep them covered up. As more and more people begin to investigate major events, like assassinations, false flags, fake insurrections and protests, pandemics and bombings, the more people will see how our reality is manipulated to maximize profit and centralize power. And that the manipulation comes not from your neighbors, left or right, but from the top down, the elite’s long war upon the people. People who know they've been manipulated are harder to manipulate and will begin to realize that despite the awesome power of the corporate state to cover up their crimes they are no match for a lot of people paying attention.

One very good example of this is Candace Owen’s public investigation into Charlie Kirk’s assassination. With the help of her listeners, she is peeling the onion one layer at a time and uncovering more and more of this dark story. Each layer adds more to the list of questions she, again, with the help of her listeners, is relentlessly pursuing answers to. This has pushed her podcast into the number one position. The defenders of Zionist Israel and her jealous peers are having fits. It appears that Candice is uncovering a shady covert money laundering/fundraising operation for Israel that Charlie Kirk only suspected which is why he called for a thorough audit of TPUSA. That, and the fact that he no longer wanted to support Israel is likely what got him killed.

Netanyahu’s claims of being a victim of antisemitism ring hollow as his false flag fetish is revealed, a strategy to claim victimhood. Almost all the antisemitic crimes that have been in the news are committed by Zionists. His calls for making criticisms of Israel a crime, "or suffer the consequences", come off chillingly evil and desperate. Desperation due to having lost control of the narrative.

The Ukraine War continues to destroy Europe due to European leaders constant miscalculations and blunders. The latest being that they decided to seize the Russian financial assets that they froze when the Russian military rolled into Ukraine. Russia responded by seizing all the considerable assets of western companies that were in Russia, a devastating blow that should have been expected but was not. One would think this would likely hasten the end of the war but instead the idiots double down. War seems to be the only thing they know how to do and their very good at starting them but completely incompetent at ending them.

Then there is the U.S. whose leaders are destroying the U.S. due to their constant miscalculations and blunders as well. One wonders why people would allow such ignorant and self-interested people to be in charge of anything, let alone the world’s largest military and the world’s reserve currency. The combined selfish blunders of western leaders has propelled the BRICS nations to organize outside of the western dollar dominated financial system and attracting numerous natin’s who can no longer trust the U.S. It really is all about the money and large aggregates of money controlled by a few clearly makes them stupid. Despite their extensive planning and access to resources we can only dream about, they are so stupid, unable to see what most of us can see, as they proceed down a road to oblivion and an end to their world dominance.

I love watching the Apocalypse unfold because I know with every ending there is a new beginning. We have seen the awesome power of money turned toward destruction in greedy private profit-motivated hands and we are eager to see the awesome power of money turned toward productive public purposes, exclusively benefiting the people and the environments in which they live. As Lincoln said, "It is the government’s most creative opportunity" and it is the most vital prerogative of democratic self-governance. The BRICS nations want fair trade and to use their own sovereign currencies. I look forward to seeing an end of the Anglo-American Empire’s dollar dominance and to see it join the world’s community of nations, all with monetary systems dedicated to economic fairness, transparency, sovereignty, and direct public benefit.

As the crimes of the elite continue to be exposed by citizen investigations and people continue to see through the mass media manipulation, the people will begin to realize their power. Once people’s fear of the corporate government is reversed and the corporate government begins to fear the people, change will come swiftly as the realization sweeps over the nation that we have wasted too much time already in eliminating poverty, war and pollution.