Q1 - The Basis of the Credit System
October 1, 2011 • 3:55PM

How is it that the process of building physical wealth is the basis for a restoration of our credit as a currency?

Thank you, Lyn. We have a series of questions for you, but I'd like to start with one. You started out discussing the fact that we have to move toward a Pacific orientation, because we see where the physical wealth is being built on the planet, and the question of loss of the currency value of the United States, due to the hyperinflation that's going on. If we were to cut that, instate Glass-Steagall, we'd be sitting there with a lot less than we need.

Now, one thing you said, that I think some people might have missed, is the word "commitment," which you used a number of times to describe a different government than our own. And the question of the relationship between the commitment of a government, and the creation of physical wealth, and the creation of value of the currency, what I'd like you to elaborate on, is why is it the case, and how does it work, that the process of building physical wealth is the basis for a restoration of our credit as a currency?