Private Digital Gold Currency

1. PDGC Private Digital Gold Currency

2. United States Constitution • Article. I. Section. 8. The Congress shall have Power... • To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures; • More than two centuries of American history and 2,500 years of human history prove that Jefferson, Madison, and others were right...

3. Words of Wisdom "Banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around the banks will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered." Thomas Jefferson, 1809

4. "History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments, by controlling money and its issuance." President James Madison, Father of the Constitution "Give me control of a nation's money and I care not who makes the laws." Mayer Rothschild, Patriarch of Central Banking

5. “The best way to destroy the capitalist system is to debase the currency.” Lenin “There is no subtler, or surer means of overturning the existing basis of society than to debase the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which only one man in a million is able to diagnose.” John Maynard Keynes.

6. “For if human liberty is to survive in America, we must win the battle to restore honest money. There is no more important challenge facing us than this issue -- the restoration of your freedom to secure gold in exchange for the fruits of your labors.” Howard Buffet (Warren's father) 1948 “The abandonment of the gold standard made it possible for the welfare statists to use the banking system as a means to an unlimited expansion of credit... In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value.” Alan Greenspan 1966

7. “The wavelike movement affecting the economic system, the recurrence of periods of boom which are followed by periods of depression, is the unavoidable outcome of the attempts, repeated again and again, to lower the gross market rate of interest by means of credit expansion. There is no means of avoiding the final collapse of a boom brought about by credit expansion.” “The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.” Ludwig von Mises

8. There is no limit on what politicians will promise in order to remain in power • There is a limit on how much politicians can tax • Borrowing and currency debasement fill the gap • Borrowing and currency debasement are the source of politicians' power • Power corrupts • Oldest gold coins known to exist show evidence of debasement • History is unambiguous, money and credit cannot be entrusted to any government

9. “The alternative is only...sooner...or later..” • Political reality requires an addition to the economic alternatives • Consider a multi-stage transition: • Step one- Social Security becomes an individual choice • Step two- five year phase-out for other entitlements. • Federal Reserve has no standards allowing it to borrow and print as needed. • PDGC is established, effectively creating a monetary double-standard • Five year phase out of the Federal Reserve after entitlements other than Social Security have been phased out • Left with the PDGC as the re-established gold standard

10. Banking Is About Confidence,Character, And Credibility Free Market Competition is the key to credibility Charles Koch has the character, credibility and stature needed to convince Carlos Slim, Bill Gates, and Warren Buffet to attend PDGC round table discussions These four men have the character and credibility required to inspire the confidence needed to establish a Free Market Financial System based on a superior model PDGC

11. Two Laws to Live By • Do unto others... • Do everything you say you will do!

12. And Two That Apply • Pareto's Law- 20% of the people have 80% of the wealth • Those who have the gold, generally get to make the rules plus a Corollary • “Five percent of people think, ten percent think they think, and the other 85% would rather die than think.” Thomas Edison

13. THE BOTTOM-LINE "Only very few men have the gift of thinking new and original ideas and of changing the traditional body of creeds and doctrines. Common man does not speculate about the great problems. With regard to them he relies upon other people's authority, he behaves as "every decent fellow must behave," he is like a sheep in the herd. It is precisely this intellectual inertia that characterizes a man as a common man. Yet the common man does choose. “He chooses to adopt traditional patterns or patterns adopted by other people because he is convinced that this procedure is best fitted to achieve his own welfare.” Ludwig von Mises

14. PARADIGM CHANGE • Kwave Winter creates the conditions favoring change: • Political system- Republic replacing democracy, Reagan Wing • Economic system- Austrian theory replacing Keynes • Monetary system- PDGC replacing credit and Federal Reserve • Round Table Discussions-modeled after methods used to peacefully transfer power from white apartheid South African government to black ANC • Charles Koch can get the right people @ round table discussions • Political-Reagan Wing candidates+Limbaugh, Hannity et al • Economic- Mises.org faculty • Monetary/pdgc- Warren Buffet, Bill Gates, Carlos Slim & others • EIG- financing mechanism for Reagan Wing • Golf can be the catalyst to change the world