[Fwd: Re: PKT post, FED & IRS]

[Hyman Blumenstock <hystock@xxxxxxxxx>]

Date: Tue, 4 Mar 97 06:57:55 UT
From: "tgolden @monrobey.com" <Tom_Golden@xxxxxxx>
To: hystock@xxxxxxxxx
Subject: RE: PKT post, FED & IRS
X-UIDL: fdd3a128d7c0df62b18d3f28b6ba640a

Sir,
	Thank you for posting the article concerning the FED and IRS.  It's no
supprise that some PKT-er's think this problem is a thing of the past.  When
we both know the problems caused by the FED, and reserve banking in general,
are grater than ever today.
	You should research a bit of trivia: Look closely at the date of the birth of
the Bank of England (being the first, sustained, government sanctioned,
fractional reserve system) ~1694 I believe.  The look for the first studies of
our holy economics - atleast 50 years later.  When intelligent people began to
research how the economy worked, the economy was already greatly under the
control of reserve banking.  I submit that many of the first studies in
economics took the practice of reseve banking as a given.  They added the
legalized crimes of note writing goldsmiths as an axiom of how the economy
should operate.
	Now, over 300 yers later, a world full of economist still try to solve
economic problems (often caused by reserve banking) by using the same tools
that got us into the mess.
	Back to your post, it is obviouse that the government is powerless in
changing the banking situation in the US - whether they wanted to or not.  So
why do all these economist, who have genuine intentions, try to constantly
change the system from the top (through politics) and try to use the same
tools (reserve banking) that created most of the problems?
	People need to realize that the power the banking industy has over them lies
in the poeple's accectance and use of bank capital as money.  We are free to
use other payment methods in commerce.  Bank capital is currently required for
re-paying loans and paying taxes only.  If commerce would gradually stop using
bank capital, the banking system would collapse (since our acceptance of bank
capital is their only power) and commerce would not be destroyed in the
process.
	The Monrobey Corporation has developed a system of "Reserve Trading" that
effectively puts the control of creating needed working capital back in the
hands of local businesses and consumers.  Bank capital is used as a reserve
that can effectively guarantee the spendability of our local capital anywhere
in the world.  As the system creates interest-free working capital, it soaks
up the bank capital that is no longer needed for commerce.  The bank capital
constanly increses our reserves and excess reserves are then used to liquidate
member's bank loans.  Effectively removing the interest expense from the
production and supply line.  Member businesses and consumers are left
debt-free and still have the ability to execute their own longterm financing.
Hence, they are protected from inflation and other costly effects of the
banking system.
	I'm not quite ready to lay our system infront of the quibblings of PKT-er's
and alike.  In fact, there wouldn't be any real point other than practicing
how to deal with 'accepted economist' who defend their theories with samantics
rather than science.  We operate by creating sound financial solutions for
businesses and cutting interest payments.
	Take a close look at our web site:

http://monrobey.com/

	Read everything - inluding the download files.  After that,  I would be happy
to discuss more detailed issues with you.  (let's communicate directly for now
- not on PKT)

Thank you for your time,
Tom Golden, cheif operations officier
Monrobey Corporation
tgolden@xxxxxxxxxxxx
(313) 426-1500