I https://i-uv.com

  • Home
    • “Meetups” and Connecting with Your Soul Groups
      • Contact Sister Sites
  • OPPT Absolute
    • OPPT Tools
      • OPPT FAQ
      • The Foreclosure Flyer
      • OPPT Courtesy Notice
      • OPPT CN Guidelines
      • Which Courtesy Notice?
      • Cover Letters for CNs
      • Translations of Courtesy Notice
      • Public Interest Courtesy Notice: Monsanto
        • Public Interest Courtesy Notice: IRS
        • Public Interest Courtesy Notice: Chemtrails
        • FREEdom Flyer
    • OPPT Tool Complete
    • OPPT Goes Public
      • OPPT Definitions
      • OPPT Press Releases
      • Conversation with Heather & Brian
    • OPPT Initial Investigation
      • Original OPPT UCC Filings
      • OPPT Financing Statement July 25 2012
      • OPPT True Bill UCC Filing
      • OPPT Commercial Bill UCC Filing
      • Declaration of Facts
      • OPPT UCC Filings in CNs
      • The One People’s Public Trust (OPPT): Your Frequently Asked Questions…ANSWERED
      • E_Call Supporting Documents
  • I UV
    • HATJ: Trust ~ ALL ON!!!
      • Documents for Proof of Ownership for Funds
      • TDDA : Testing spread sheet
    • I and the UV Exchange
    • Heather Ann Tucci-Jarraf : I AM WITHOUT PREJUDICE
    • The Will and The Word of I
    • I UV GIFT HAS BEEN ACCEPTED
  • Media and News
    • Nova Earth News
    • Radio Shows
      • The One People Radio Show
      • The Collective Imagination
      • The Transitioning Radio Show
    • Show Transcripts
    • Radio Interviews
  • Freedom Stories
    • Share Your Freedom Story With The World
    • Checklist for Some BEing and DOing
  • Removing The Veil
    • Banking Industry Quarterly Reports
    • Our Cosmic Community
      • Friends in ‘High’ Places
      • Share Your Stories of Friends in ‘High’ Places
  • I UV Blog
    • Contact Us
    • Gold Meditations

The Guernsey Experiment: Is It an Effective Solution for Eliminating Debt Slavery?

by BZ ⒾAM Riger / Thursday, 30 March 2017 / Published in Eternal Essence Embodied

The Guernsey Experiment: Is It an Effective Solution for Eliminating Debt Slavery?

by Pao Chang, published on Omni Thought, on March 23, 2017

currency-guernsey

Thanks to Stephen for telling me about the Guernsey Experiment.

The Guernsey Experiment was a financial experiment done by the States of Guernsey in the early 1800s to raise fund for improving the public market and reducing the debt of Guernsey. Instead of borrowing money from private banks, the Committee proposed that the States of Guernsey issued their own paper money to finance government projects. After a few years of implementing the Guernsey Experiment, the economy of Guernsey improved significantly, allowing the people to live in prosperity.

Here is an introduction about what the Guernsey Experiment from MONNETA.org:

After the Napoleonic Wars, Guernsey was in dire straits. Roads being washed away by the sea desperately needed repairing. Unemployment and poverty were high. The main town of St. Peter Port desperately needed a building for its market traders who had to stand outside in all weathers.

Private banks were charging high interest rates for loans to the island’s government. The far-sighted Governor of the island decided to bypass the banks and issue interest-free currency to pay workers to do the necessary public works. The islanders keenly accepted the notes, which circulated freely. Once the new market hall was built, the market traders paid rent in the new currency which went back to the government to pay off the debt created by issuing the original notes. By 1837, States Notes to the value of £55,000 were in circulation on the island. Many public works were accomplished, including building a new college and new schools. No interest had to be repaid and the debt was always retired when notes came back to the government and were destroyed.

This historical case study shows that any local government theoretically has the power to issue its own currency without incurring interest or debt or being made dependent on Private Finance Initiatives that burden future generations.

The Guernsey Experiment is not the best financial solution for freeing the people from debt slavery. However, it is much better than the current fractional reserve banking system, because it allows states to create their own notes and is against private central banks.

Below is a pamphlet written by Olive and Jan Grubiak about the Guernsey Experiment. If you have problem viewing the pamphlet, click on this link to go directly to the PDF file.

1406_TheGuernseyExperiment

 

 

Share
  • Tweet

About BZ ⒾAM Riger

What you can read next

A Thread: The Battle Hymn of the Republic
A Thread: Omg take the time to read this! 10 days of darkness.
The Fight for The Soul of Our Republic Has Begun

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Follow ~ I UV Blog
enter Primary email:
Must confirm email for Success

Delivered by FeedBurner

Share What You See

Share
Thank you for your exchange of value with us
If you find value in the I UV website & blog , enjoy the content , and appreciate the energy put into it for you, please consider returning some energy by making a donation.~ BZ

Updates

  • #UNIVERSALCLEANUP: HATJ & RKB Alleged Trial Transcripts w RKB Closing Statements
  • #UniversalCleanUp: EO 13818 & Letter from the President to the Congress of the United States
    • Quantum Playground: #HATJ #POTUS : “Universal Clean Up” & “Universal Backdoor”
  • Current Updates HATJ & RKB
    • Eastern District TN Court updates
    • Knox County Sheriffs Office Inmate Manual 2018
  • IRS Secret Manual for Agents 1982
  • Court Registry Investment System- CRIS
  • I and the UV Exchange

Recent Comments

  • myaraine on police stop-travel without license, registration, insurance, or tags….right to travel success
  • josef on police stop-travel without license, registration, insurance, or tags….right to travel success
  • Karl Koch on police stop-travel without license, registration, insurance, or tags….right to travel success
  • Karl Koch on police stop-travel without license, registration, insurance, or tags….right to travel success
  • Aidan Walsh on Statement on the Continuing Political Persecution of President Donald J. Trump
  • Aidan Walsh on Statement on the Continuing Political Persecution of President Donald J. Trump
  • Kim F on Freedom Stories

Recent BEing & DOing

  • Quantum Playground
  • Expansion Meme
  • HATJ
  • Absolute Data
  • Abilities
  • Eternal Essence Embodied
  • Disclosure
  • Creative Arts
  • Freedom Stories
  • Removing the Veil
  • China Virus Unmasked
  • Deep State-Illuminati
  • Satanic Ritual Abuse SRA
  • Sex trafficking

Removing The Veil

  • HATJ: Trust ~ ALL ON!!!
  • OPPT Absolute
  • The Slavery System
  • Banking
  • Chemtrails
  • #UniversalCleanUp :History of Banking
  • Modern Money Mechanics
  • Top Secret Banker’s Manual
  • #UniversalCleanUp : Money & Banking Dallas
  • I Bet You Thought
  • Your Strawman
  • Clinton Body Count List Infographic

Archives

www.i-uv.com all content © Eternal Essence Embodied ©2020

TOP