The colour of money

What is the colour of your money? Do you really care? Well I suppose not. Money was created to make trade easier and it worked. Each coin had a value, backed by the precious metals it was made from. Then paper money was introduced to avoid carrying vast quantities of metal around with you. In actual fat paper money is an IOU. If you read the wording on band of England notes they say I promise to pay the bearer on demand the sum of............. So it is a promise to pay, an IOU. The paper money has no intrinsic value. Infact monopoly money and the plastic money in a childs shop have the same value as bank of England money, or any paper money where ever it is issued. We a led to believe it has value when it is just a piece of paper. It is possible to trade without it only it becomes a little difficult. Modern money is not what it once was, I looses perceived value every year, the bank call it inflation. When in reality it is not that something is going up it is the value of the money going down. £1 in your pocket at inflation of 2% means that after 1 year it is only worth 98p. So every year it buys less and less. So as a result we all want more..... The producer, the retailer and the customer all want more money each to pay for goods and services that have not actually changed. The exapmple I often cite is this....... A pair of twins mow my lawns, one to the front and one to the rear. Both lawns are the same size and require the same effort to complete the work. I pay one who mows the front with a dozen eggs and the other who mows the back,in cash. After 5 years do I still pay them the same? Let's look at the situation. Are they doing any more work, No, so should the value of the labour be the same as it was five years ago, YES. Therefore I should pay them the same, a box of 12 eggs to the twin who mows the front but if I offer the same cash to the twin who mows the back he will not be happy. Why? Well the cash I give him will not buy the same as it did five years ago. In reality the value of his labour has not changed, he still mows the same area of land it is just that the commodity I pay him with has reduced in value,in his case the Cash, money. The bank ofenglaand actually boast that the currency is what they say it is...... Just visit the BOE museum and find out for your self. They even explain what inflation is...... Why is no one listening??????? What is the colour of your money? Well it's any colour they want it to be, it's a worthless piece of paper, what gives it value is us and what we value it as. There is a way out, we could issue our own currency. Check out the lawful bank and find out how.