It has been said that by their actions you will tell whether they are good or bad, and this is particularly applicable to politicians and the alike, because they specialize in using words to lead you astray away from facts. And it has been said, too, that all things wrong can be classified in a given number of types, and one of the most difficult types to detect is the lack of what should be there and is not there. Legislative voids belong to this particularly insidious type, and sovereignty is chief amongst them.

As your awareness of what takes place behind the scenes and how important it is that legal definition of money increase, you will be less and less surprised of how incredibly incomplete legislations are on this very point, and why. Legislative voids are not accidental – not where it counts; they are gaps carefully kept open in an underhand manner through which many unspeakable things are channeled, therefore the existence of these gaps, their persistence, and the conspiracy of silence around them should never surprise.

It’s easier for you and me as citizens to consent or dissent over something whose existence is not just ratified but even signaled in the first place by a legal definition; lacking that, it’s easier for that something to go on existing and operating unnoticed and undisturbed behind the scenes.

Agreements, whatever they may be, develop amongst people and form a society and individuals become part of it, willingly and actively or forcibly and passively, then those agreements form an established power and a rule of law, whatever based on force or justice, then the established power exercise itself into monetary power, usually reserving the right to issue money. This monopoly is exercised in various ways; the birth of money poses the problem of its counterfeiting, so this reason is given for the monopoly of money, but it’s just a pretext, as shown by these different ways of exploiting the monopoly:

Monetary monopoly exercised by issuing money made of raw matter having intrinsic value, owned and provided by citizens, deducting a mintage fee. Here the question is, how about the fairness of fee and the tendency to begin a departure between face and intrinsic value?

Historically, the established power ran the mint to provide people the service of preventing counterfeiting and providing the medium of exchange in a uniformed and usable form: people earned, say, gold by producing and exchanging, and had it minted in gold coins. The established power deducted a mint fee in exchange for the service.

Economic suppression is perpetrated by arbitrarily increasing the fee, or by putting into each coin progressively less and less gold than what is stamped on it.

It is quite the case to underline that the probably most famous term related to these matters – seigniorage – originates from this very departure between face and intrinsic value, where this departure is a plain robbery or a concealed fraud to the benefit of a very few and the detriment of the many.

Monetary monopoly exercised by issuing money made of raw matter having intrinsic value, owned by the established power. Here the question is, how was this raw matter acquired: was it earned or was it robbed?

Historically, some nations had government owned gold or silver mines with salaried employees, but some nations had looted other nations and enslaved people as well.

Economic suppression is perpetrated by plain robbing.

Monetary monopoly exercised by issuing money made of raw matter having intrinsic value, borrowed by the established power. Here the question is, how and why the established power decided to borrow this raw matter, particularly if it is of high intrinsic value as gold, rather than using another one with a lower value?

Historically, the established power issues gold money and borrows the gold from its private owners.

Economic suppression is perpetrated by indebting the established power into an infinite debt trap, and by letting the society get short of money because its raw matter is diverted toward more profitable speculations, or because money shortage is deliberately induced and exploited to extort purchasing power from society.

Monetary monopoly exercised by issuing fiat money, that is, made of raw matter devoid of intrinsic value. “Fiat” is Latin and means “be it done”: “be it done” money means money without intrinsic value, whose face value is conventional – an agreement that people is either willing or enforced to accept. Here the question is, who is the owner of its purchasing power the moment it gets born?

Historically, the established power creates money out of thin air, using a raw matter roughly costless compared to the face value, and enforces its acceptance on people in various ways such as by sheer force, by demanding taxes being paid with it so people has to get hold of it by giving product in exchange for it, etc. That the money just created and its newborn purchasing power belong to the established power instead than to the citizens is not even an issue.

Economic suppression is perpetrated if the established power does not serve the best interests of all its citizens while seizing the purchasing power of the money the moment it gets born, thus stealing it from them.

Monetary monopoly exercised by granting the right to issue money to others, for instance private individuals, owning vast amounts of the raw matter the money is made of. Raw matter can have high intrinsic value, such as gold or silver, but it doesn’t have to, as it’s rather a matter of its availability, regardless of its value. Here the question is, who profits from this?

Historically, examples span from some periods of the Roman Empire, where wealthy owners of gold and silver were granted the right to issue coins, to the establishment of the first central bank, the Bank of England, when it was granted the privilege to issue and loan at interest paper money proportionate to the gold it loaned to the Crown; one way or another the established power – whose sole reason to exist is serving the community – granted this privilege and the ensuing profits to private entities.

Economic suppression is perpetrated by the private wealthy owners of the raw matter the money is made of, drawing a huge unjustified profit from the exploitation of their oligo−monopolistic position: as usual, they loan it at interest, they are very liable to set up an infinite debt trap, and they can let the money run low – to the detriment of people anyway – to extort more from the established power (or rather from people through it), or to divert it towards more speculative and profitable uses. It is worth stressing here that bad as these forms of economic suppression may already appear here, they are even going to acquire a far more wide and sinister order of magnitude, which I will discuss under the causing and exploitation of economic contractions and expansions.

Monetary monopoly exercised by signing away to others, for instance private individuals, the very monetary monopoly, monetary sovereignty itself. Those private individuals in turn exercise and exploit the oligo−monopoly by issuing fiat money and seizing its purchasing power the moment it gets born – just to begin with, to say nothing about the rest of their swindles. Here the question is, how come those in possession of the established power give it away?

This point may not differ substantially from the previous as to the mechanism in itself, but I decided to keep them separated to underline how things have changed in these so−called modern times, where these things have been brought to a totally different – and unprecedented – order of magnitude, so that one may be tempted to say that what characterizes these modern era as such is just this whole new order of magnitude of economic suppression through monetary manipulation on a global scale.

Regardless of whether it is so from a formal standpoint, what is at stake here substantially is monetary sovereignty itself, in that its transfer becomes global and permanent, with almost all governments behaving oddly uniformly. And this odd uniformity hints at the dawn of an era where an underlying, concealed, unaccountable power well above the governments, able to make them subservient, first consolidates and then surfaces.

Historically, this is the Central Banks to global finance era: it begins with the Central Banks establishing themselves, proceeds with the banking cartel consolidation, and booms into the premeditated financial insanity explosion, and at the same time monetary, economic and financial power keeps on growing and concentrating above the national sovereignties.

Economic suppression really takes off here, perpetrated in a number of ways, where there seems to be no more limit to the inventiveness of suppressives and their rule. And this “brave new world” of globalised economic suppression is where we’re headed.

To exert the power they exert the world over, they must have it in the first place. And considering the amount of power they exert today, to accumulate this much power they must have developed, gathered, consolidated it for centuries. Which they did. So I mention here only a few of the mechanisms examined ahead, as a sample: self−serving self−issued accounting standards and banking laws and regulations, monetary seigniorage, fractional reserve, credit seigniorage, banking reflux, financial seigniorage, creation and control of monetary entities above the law and the jurisdictions of any nation.

A key question as we go ahead is, if today the problem is the existence of monetary, economic, financial powers so immense that they can almost anything to our detriment, then how did those powers develop and build up?