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II. Currency Standards and Universal Principles
 
  2.2 Currency Standards and Social Objectives  
  Article 10- General Principles of Currency Stability  
10.1 General Principles of Currency Stability  
  The long term viability of any currency system is to ensure its stability against unforseen pressures and constraints. The more stable a currency, the more confidence will be attributed to the currency and the more the currency may assist in the flow of trade and growth of wealth.  
  The stability of a currency is affect not only by its inherit architecture, but its ability to withstand corruption and theft and the level of stable asset backing.  
  While a currency may be well underwritten, its ability for being corrupted and manipulated through such criminal acts as counterfeiting may leave a currency exposed to instability.  
  The strongest possible currency is one that eliminates the risks of forgery, theft and ensures a perfectly stable asset backing.  
10.2 Lack of unique register of currency is greatest currency instability  
  Contrary to the popular myth promoted by most debt based fiat money systems, the vast majority of money has neither any intrinsic underwriting, nor specific unique numeric identity number.  
  Most modern mints produce currency notes in series of unique numbers, permitting a portion of money to retain some unique identity. However, the majority of money is not created by the mints, but by banks through (mostly electronic) accounting transactions on various loans and other forms of credit.  
  The money provided by the bank is created on the back of the promise of the lender, not the existence of unique units of currency matched to a central register.  
  This "loose" monetary regulation means that the production of printed money only roughly approximates the existence of total money in the system with a significant portion of money stability affected by bank lending practices apart from government policy.  
  More importantly, this kind of monetary system represents a fraud upon the people and must not be permitted to continue un challenged. Instead, a system that unique identifies every unit of true credit value first must be in place to prevent any further systems of fraud to be permitted.  
10.3 Usury (Interest) is second greatest currency instability  
  The second major impact on currency stability is the charging of interest, also known as usury, on money supply.  
  The provider of any service has the right to charge a price for such a service. However, this does not mean that the service may be calculated as a percentage of money provided if the service provider is a bank or lending society.  
  The reason that interest is so dangerous to the stability of currency value is the propensity for even simple interest agreements in an economy to produce compounding effects that "multiplies" a debt or "interest owed" very easily and quickly.  
  Depending upon who owns the debt, the transfer of wealth and control through such devices attached to the money system of a nation can potentially be effected within a single generation of the entire wealth of a nation.  
  Therefore for the sake of wealth security and stability, the calculation of interest (as a percentage of money) as a method of payment rather than some other method of determining valid fees must be considered a crime.  
     
     
     
 
 

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