THING IS the worlds feds been stealing from us
the whole time..inflating..deflating..
as best suits their intrests
not ours

SEE WHAT YOUR DEFENDING

""How would you factor that into a definition of "real money"?""
its not real money..its paper[fiat]by decree

only coin holds..ITS VALUE..IN THE METAL

you cant steal value
if its in the coin's..*metal
[thats my point]

"">>govt validates [underwrites]..""
THE PURETY OF THE GOLD/SILVER..IT TURNED/converted..INTO COIN...!

""No government has ever promised,or validated,or underwritten,any such thing.""

thats what...govt run mints..did..
[assure[uassage]..essay..the quality/quantity
of the coins metal

you twist one point
to try to defend bankers
ripping us off..with paper promises

IN COIN I TRUST
[or rather the market/value of its metal]

OUG,you won't convince Pericles.Perhaps he thinks he is big enough to soar with the winged devils of the World Central Banks.They have the capacity to ruin our economies totally.With the Bond market collapse,the Fed can call in all the loans to our banks and so the retail banks will call in their loans and prices of all assets will collapse here.It would mean total chaos.

In 2008-9 the US Federal Res bailed out Westpac for over $ 1 billion and NAB for $4.5 billion.The RBA borrowed $ 54 billion from the Fed Res.Why then did Rudd borrow another $ 40 billion from China and did China loan this money to us in US $? What has the RBA done with that $ 54 billion?

This money that the Fed loaned to us was part of the $2 trillion they conjured out of nothing and loaned to institutions around the planet not wanting to tell Alan Grayson and Congress where the US peoples' money had gone.

Our RBA could have conjured up all the money in their computers,just like the Fed and become lenders of first resort.We are are now paying like the US people to have our money depreciated and incur more debt for our efforts.It is an absolute theiving scam and our pop are too stupid to grasp it!

Split tally

The split tally was a verifyable technique to exchange values..which became common in medieval Europe,..which was constantly short of money(coins)..and predominantly illiterate,..in order to record bilateral exchange and debts.

A stick..(squared Hazelwood sticks were most common)
was marked with a system of notches..and then split lengthwise.

This way the two halves..both record the same notches
and each party to the transaction received one half of the marked stick as proof.

Later this technique was refined in various ways and became virtually tamper proof...One of the refinements..was to make the two halves of the stick of different lengths.

The longer part was called stock
and was given to the party..which had advanced money..to the receiver.

The shorter portion of the stick..was called foil
and was given to the party..which had received the funds/goods.

Using this technique..each of the parties had an identifiable and tamper-proof record of the transaction....

as the short stick was the debitor..[in court cite..the drawing of the short straw]..saw you loose..[owe the debt]..be debitor not creditor..

The split tally was accepted as legal proof in medieval courts and the Napoleonic and heraldic Code...as a tool of the Exchequer..for the collection of taxes by local sheriffs.

The system of tally marks of the Exchequer
is described as follows:

The manner of cutting..

At the top of the tally..a cut is made,..
*the thickness of the palm of the hand,..to represent a thousand pounds;
*a hundred pounds by a cut the breadth of a thumb;

twenty pounds,..the breadth of the little finger;
a single pound,..the width of a swollen barleycorn;

a shilling..rather narrower than a penny
is marked by a single cut without removing any wood.

The split tally of the Exchequer was in continuous use until 1826...In 1834,..the tallies themselves were ordered to be burned in a stove in the Houses of Parliament,..but the fire went out of control,setting the building afire....[why?]..[royal tallies?][bankers hiding proof?]

Royal tallies..(debt of the Crown)
also played an infamous role in the formation of the Bank of England at the end of the 17th century when these royal tallies,trading at a hefty discount of up to 60 percent,..were engrafted..into the Bank's capital stock.

It is good that you have at least checked Wikipedia, one under god, to understand the background and significance of tallies.

I notice that you included the bit about the royal tallies...

>>Royal tallies..(debt of the Crown) also played an infamous role in the formation of the Bank of England at the end of the 17th century when these royal tallies,trading at a hefty discount of up to 60 percent,..were engrafted..into the Bank's capital stock.<<

Did you notice the bit about the discount?

How does that fit with your earlier statement...

>>the tally-stick you should explain a tally-stick was split in two [after recording the notiches] each held half the stick..as proof of a FIXED debt or FIXED credit owed..it was honest..each stick was fixed as it was<<

Think for a moment about the discount of 60%. How does that fit with the "fixed amount" concept? It doesn't, does it.

All forms of money are subject to variation. Including gold, silver, copper - all of it. As you are aware.

>>IN COIN I TRUST [or rather the market/value of its metal]<<

Which makes it all the more odd that you think that paper money should be any different.

And Arjay, please, that's just plain silly.

>>Do you think we should have an international currency owned and controlled by the the likes of Rothschilds,Loeb Bros,Goldman Sachs Rockerfeller etc?<<

This is not about conspiracy. It is a discussion about the fact that Utah thinks it is smart to use gold and silver as currency. Which both you and I agree achieves nothing.

>>The reason why Utah is going for gold and silver is that the Fed Res owned by the above has destryed the US currency and its' economy.<<

Nonsense. It is nothing more than political grandstanding. No-one believes that it will happen, or that it would solve anything.

>>They will soon come for the rest of you super Pericles,when the Bond market and their theiving derivative scams collapse<<

Which reminds me, you haven't explained what happens when "derivative scams" collapse.

Where do those trillions of dollar go, Arjay?

tally sticks arnt money
they represent 'money'
just like paper represents the only real money..[ie coin]

real coin money has its value in its metal purity
when all metal money ias equal..values are equal
if we represent the value..by a stick[or bond or paper]
this can be discounted[and was]

discounting means someone gets the short end
of the tally stick..[its the people getting the short end here]

thing is then as now power corrupts
[see a public official..cutting a bit off the debit stick
and turning it into a credit

[thus the discount..as a few took a short stick..
then made the long stick shorter

[just like central bankers do at whim today]
they create it at whim..then disappear it off the books
at whim..and no one can check the books..
thus we all get the short shrift stick
all get stick shifted

such a trickey stickey wicket
hope its giving you wood defending them
bank note in paper costs 7 cents[regardless of value]
supply of paper is infinite...metals are not infinite..

thus will last longer than paper promises

[imagine when our value is in cyber credits.
.they cost even less..
then..at a whim we all get shorted[short sticked]

and were all left
holding the wrong end of the tally stick

your not getting shafted with a sharp stick cutter yet
but wait mate..soon the writing will be on the wall for all to se not only what was done..but what they are still trying to do to all of you

who holds the bigger stick
you want length of stick to rule?
or be stuck holding the wrong end..[the dirty end of his-tory]

do you need to be hit on the head with a big stick
to catch onto the stick/trick?