To the Editor:
The last penny went out on May 4. Many people were sad, many people were happy. This is a part of the plot to desensitize people to the idea of eliminating all hard currency to bring in microchip implants. I mean, what’s a penny? It’s worthless. People throw them away to be rid of their weight.
The value of money has disappeared in a whirlwind of bailouts, quantitative easing and massive layoffs. Your pension: worthless. Your savings: worthless. Your paycheque: worthless. We are headed toward a tough winter, and there is very little food in the shed and very little money in the hands of many people because money is worthless.
What has gone on these past five years is bizarre, to say the least. Things don’t look so good for the next five, either. We are living in a time where money has no value because you require so much of it just to live. The pennies are fewer and the cost of living is going up. Bette hold on to your pennies!
Before fractional reserve banking, all hard currency’s value was based on the value of the metal it was printed on — copper, nickel, silver and gold. A country’s strength depended on its reserves. Empires were forged. Inflation was natural. But fractional reserve banking and oil made hard currency obsolete. They cold print as much money as they wanted based on nothing. We conquered the globe. But peak oil is here, and these minerals are getting very expensive to get out of the ground. Good times for mining, bad time for the penny.
I was sad to see the penny go. It is the end of an era for mankind. Money is just numbers on a piece of paper now, which is such crap. It doesn’t matter how much money they print; they can’t fix the global economy. It’s spiralling out of control.
Peak oil does not care about fractional reserve banking. As demands outweigh supply, you will see more madness than leadership. True Democracy does, though. We can step aside from the madness and create a better society through direct democracy and green technologies, redesign our energy demand and rebuild our money supply as Andrew Jackson did and give the power of it back to the people, and eliminate the World Bank as it is and give the money back to the people to whom it truly belongs.
By the way, the last penny in Canadian history cost you $50,000.
Tyson Soroke
West Creston