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Writer's pictureMichael Hopkins
Nov 33 min read

The Beginning of Money Creation




The Beginning of Money Creation

It all started with a rock. People put their value in a rock called gold. Remember, it's just a rock, yet they used it as a form of trade, much like how a child trades their toys. The Roman era coined money simply from a rock as a form of trade. Who was the first person to say, "Hey, do some work for me, and I'll give you this rock?" And who was the first person to print up a dollar bill and say, "Hey, work for me? I will give you this dollar bill; it's valuable."

If you were the first person to print up a $1 bill and someone did some work for you, and you told them they had to give you 10% back in taxes, the only way they could give you 10% back is if they worked for you again to get a dime. So they work for you again, get the dime, and have to give 10% back in taxes. Consequently, you have to work for them again for a penny. There's no way to get 10% in taxes back in a penny, so you no longer have to work. After doing all this work, you find out this money is worthless, and no one will take it because you are the only one that has money, and everyone else doesn't know what it is. Therefore, you cannot buy anything with the money.


Taxes

Now let's talk about taxes. I have a proven way to make the economy great again. If you reduce the corporate tax of 35% down to 10%, that allows corporations to put 25% more into their company. By putting 25% more into their company, they can create more jobs, and by creating more jobs, the government gets more in tax revenue from the employed individuals. We would also reduce the income tax down to 10%. By doing this, the worker has more money to spend, and the more money they spend, the more tax revenue they generate. It’s a balanced, fair playing field. The government will still get the same amount of money, and the economy will grow enormously. With the economy growing, it means more tax revenue coming in. They will have more tax revenue this way than from high tax rates.

Now let’s talk about the minimum wage. When the government doesn’t get its way about increasing the tax percentage, it turns to the minimum wage, which is another tax. By increasing the minimum wage, everything else goes up in value, and you still make the same amount of money. But the trick is the government gets more money in taxes if it collects taxes on all items sold at a higher price. A minimum wage price hike is just another hidden tax that hurts the economy and causes inflation.


Federal Reserve

Now let’s talk about the Federal Reserve. The Treasury used to print our money, and you can look at some of the old money that says "Treasury Note" on it. When the Federal Reserve was enacted, it was given the right to print the money. Whether they are a government entity or not, I do not know, but I do know this: the Treasury borrows money from the Federal Reserve. Let me say that again, the United States government Treasury borrows money from the Federal Reserve. Why would the Treasury borrow from itself, especially with an interest rate attached? Our government is in trillions of dollars of debt, but who are we in debt to?


I believe the power to print money should be given back to the United States Treasury. The Treasury could print money at a 0% interest rate and give power back to the people. In the Bible, it says, “You shall not charge interest to your brother” (Deuteronomy 23:19, ESV), which refers to usury, or interest. Apparently, the Federal Reserve is not our brother, or it would not charge our government interest on money.


I don’t know; what do you think? Leave your thoughts in the comments below. God bless.


The Beginning of Money Creation It all started with a rock. People put their value in a rock called gold. Remember, it's just a rock, yet they used it as a form of trade, much like how a child trades their toys. The Roman era coined money simply from a rock as a form of trade. Who was the first person to say, "Hey, do some work for me, and I'll give you this rock?" And who was the first person to print up a dollar bill and say, "Hey, work for me? I will give you this dollar bill; it's valuable." If you were the first person to print up a $1 bill and someone did some work for you, and you told them they had to give you 10% back in taxes, the only way they could give you 10% back is if they worked for you again to get a dime. So they work for you again, get the dime, and have to give 10% back in taxes. Consequently, you have to work for them again for a penny. There's no way to get 10% in taxes back in a penny, so you no longer have to work. After doing all this work, you find out this money is worthless, and no one will take it because you are the only one that has money, and everyone else doesn't know what it is. Therefore, you cannot buy anything with the money. Taxes Now let's talk about taxes. I have a proven way to make the economy great again. If you reduce the corporate tax of 35% down to 10%, that allows corporations to put 25% more into their company. By putting 25% more into their company, they can create more jobs, and by creating more jobs, the government gets more in tax revenue from the employed individuals. We would also reduce the income tax down to 10%. By doing this, the worker has more money to spend, and the more money they spend, the more tax revenue they generate. It’s a balanced, fair playing field. The government will still get the same amount of money, and the economy will grow enormously. With the economy growing, it means more tax revenue coming in. They will have more tax revenue this way than from high tax rates. Now let’s talk about the minimum wage. When the government doesn’t get its way about increasing the tax percentage, it turns to the minimum wage, which is another tax. By increasing the minimum wage, everything else goes up in value, and you still make the same amount of money. But the trick is the government gets more money in taxes if it collects taxes on all items sold at a higher price. A minimum wage price hike is just another hidden tax that hurts the economy and causes inflation. Federal Reserve Now let’s talk about the Federal Reserve. The Treasury used to print our money, and you can look at some of the old money that says "Treasury Note" on it. When the Federal Reserve was enacted, it was given the right to print the money. Whether they are a government entity or not, I do not know, but I do know this: the Treasury borrows money from the Federal Reserve. Let me say that again, the United States government Treasury borrows money from the Federal Reserve. Why would the Treasury borrow from itself, especially with an interest rate attached? Our government is in trillions of dollars of debt, but who are we in debt to? I believe the power to print money should be given back to the United States Treasury. The Treasury could print money at a 0% interest rate and give power back to the people. In the Bible, it says, “You shall not charge interest to your brother” (Deuteronomy 23:19, ESV), which refers to usury, or interest. Apparently, the Federal Reserve is not our brother, or it would not charge our government interest on money. I don’t know; what do you think? Leave your thoughts in the comments below. God bless.

In our journey through life, we often seek guidance and wisdom beyond our own understanding. St. Mykul’s prayer is a beautiful expression of this desire, a heartfelt plea for divine intervention and alignment with Jehovah’s will. It serves as a reminder of the profound connection we can cultivate with the divine, allowing us to become vessels of His wisdom and love.


St. Mykul’s prayer:

“I pray for Jehovah to speak through me all the time, and I pray for Jehovah to remove all my thoughts, and implant His thoughts all the time, as I do not even want my thoughts.”

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