{"id":1708,"date":"2022-08-23T01:57:40","date_gmt":"2022-08-23T01:57:40","guid":{"rendered":"https:\/\/prendergast.net\/?p=1708"},"modified":"2022-08-23T01:57:40","modified_gmt":"2022-08-23T01:57:40","slug":"hidden-in-plain-view","status":"publish","type":"post","link":"https:\/\/prendergast.net\/?p=1708","title":{"rendered":"Hidden in Plain View"},"content":{"rendered":"
<\/div>\n

Hidden In Plain View<\/span><\/span><\/span><\/strong><\/h1>\n

by<\/span><\/span><\/span> Jeff Thomas, <\/span><\/span><\/span><\/strong>editor<\/span><\/span><\/span>, International Man <\/span><\/span><\/span><\/strong>Communique<\/span><\/span><\/span><\/em><\/h2>\n

\"Hidden<\/p>\n

In 1796, the US issued its first quarter dollar.<\/span><\/span><\/span><\/strong><\/p>\n

On the obverse, it displayed the image of Lady Liberty, and above the image (in case there was any doubt about the message), the word "LIBERTY" was prominently displayed. The coin was minted from silver (90%) and copper (10%).<\/span><\/span><\/span><\/p>\n

Over the years, the design of the US quarter changed repeatedly. Then, in 1932, a new quarter (image #1, above) was issued that featured the image of American Founding Father George Washington. As before, the word "LIBERTY" appeared above his image—a continuing reminder of the primary principle upon which the US was founded. And as before, the coin was minted from silver (90%) and copper (10%).<\/span><\/span><\/span><\/p>\n

So far, so good.<\/span><\/span><\/span><\/p>\n

The quarter remained unchanged until 1965. The new quarter (image #2) was the same in every way, except that it contained no silver whatsoever<\/em>. It now contained only copper and nickel. (At today’s metals prices, the intrinsic value of the quarter dropped suddenly to 1% of its previous value.)<\/span><\/span><\/span><\/p>\n

Conceptually, the American people should have been outraged, as they had effectively lost the ability to hold real, redeemable wealth. The coin they would hold in the future would not have the value of silver; it would be a mere token. The new coin represented no more than a "promise of value" on the part of the US government.<\/span><\/span><\/span><\/p>\n

However, there was almost no outcry. The reason? Because the new quarter still retained the same purchasing power it had when it was made of silver. As long as the quarter was perceived<\/em> by all and sundry as having value for the purpose of payment, most Americans were content to accept the switch.<\/span><\/span><\/span><\/p>\n

In 1999, the quarter’s design did<\/em> change (image #3). The word "LIBERTY" was removed from above the head of Washington and in its place were the words, "UNITED STATES OF AMERICA." It might have been argued at the time that those words needed to be on the quarter to remind holders of the coin what nation had issued it. However, those words had always appeared on the reverse of the Washington quarter, and I recently saw a 1999 quarter that had those words on both sides—a very odd redundancy for a coin, which, by its very size, has little space to spare, even for essential<\/em> information.<\/span><\/span><\/span><\/p>\n

The word "LIBERTY" was still in evidence on the new coin, but it had been moved lower down, beneath Washington’s chin, and was now much smaller.<\/span><\/span><\/span><\/p>\n

It would seem one reason for the change in design had been to diminish the importance of Liberty as an American concept. (Later, when the "states" quarters were issued, the Mint dropped the "UNITED STATES OF AMERICA" on the reverse and retained it on the obverse.)<\/span><\/span><\/span><\/p>\n

In any case, as in 1965, there was no outcry from the American people—again, for the same reason as before. The coin retained the same purchasing power, so the change in design was simply not an issue.<\/span><\/span><\/span><\/p>\n

Some citizens may have a different slant on the subject. It may be argued that the two changes in the American quarter reflect the changes in the US as a nation. There can be no doubt that the value of US currency, in general, has been dramatically reduced in purchasing value since 1932. It is also true that none of the US currencies (whether paper notes or metal coins) have any true, redeemable value. They have only perceived<\/em> value, which is subject to dramatic change, depending on economic conditions. (In the last century, the un-backed currencies of some twenty nations have been rendered valueless, as a result of hyperinflations.)<\/span><\/span><\/span><\/p>\n

In 1796, when the quarter was first minted, the quarter was in itself wealth. The paper banknotes that came later (beginning in 1861) were initially fiat (during the war) but were quickly replaced by notes backed by, and redeemable for, silver. The redemption of US banknotes for silver bullion ended in 1968.<\/span><\/span><\/span><\/p>\n

Today, if a US citizen seeks to build up his wealth, he cannot do so by holding the currency of his country. All US currency, whether paper or metal, only represents his faith in the currency to retain its value, which it is unquestionably losing. Therefore, merely by dealing every day in US currency, the holder is paying a hidden tax, and his wealth is diminished accordingly.<\/span><\/span><\/span><\/p>\n

As to US Liberty, many would agree that that, too, has been devalued, particularly after 1999. Laws such as the Patriot Act of 2001, its expansion in 2011, and the National Defense Authorization Act of 2011 have stripped Americans of their constitutional rights on a wholesale basis.<\/span><\/span><\/span><\/p>\n

There is an old saying that, "The best place to hide something is in plain view." If true, a reminder of what the US citizen has lost may be found in plain view, merely by reaching into his pocket and examining his change.<\/span><\/span><\/span><\/p>\n

Unfortunately, there's little any individual can practically do to change the trajectory of these trends in motion.<\/span><\/span><\/span><\/p>\n

The best you can and should do is to stay informed so that you can protect yourself in the best way possible, and even profit from the situation. We think everyone should own some physical gold.<\/span><\/span><\/span><\/p>\n

Gold is the ultimate form of wealth insurance. It has preserved wealth through every kind of crisis imaginable. It will preserve wealth during the next crisis, too.<\/span><\/span><\/span><\/p>\n

 <\/p>\n

<\/a><\/h3>\n
\n

New Opportunities Are Emerging For Citizens of The World.<\/strong><\/span><\/span><\/h3>\n

Freedom and democracy<\/strong> may appear to be struggling to stay alive in America, but there may be a knock-out punch ready to be released. The evolution of the blockchain-enabled metaverse is going to enable the 'Citizens of the World'<\/strong> to gain their own Freedom<\/strong> by democratizing power and creating a new world with new rules, new players, and new opportunities. For 99.99% of us, the metaverse will improve our real-world lives by democratizing power and opportunity.<\/span><\/span><\/p>\n

Along with the major long-term trend of society towards decentralization<\/strong> and smaller-scale organizations, there are new opportunities developing to help 'Preparers' in the cryptocurrency sector. Businesses are beginning to issue their own Crypto Coins that can be traded on Cryptocoin Exchanges.<\/span><\/span><\/p>\n

Markethive.com<\/a> will release its HiveCoin (HIV) in the coming weeks. It has tremendous upside potential that is outlined in a Video by Founder Tom Prendergast, "Entrepreneur Advantage…<\/a>".<\/span><\/span><\/p>\n

Not only that, if you go to their website and register as a FREE Member, you will be given 500 HiveCoins<\/strong> for "FREE"<\/strong><\/em> along with access to several Earning Opportunities and online tools to increase your HiveCoin balance.<\/span><\/span><\/p>\n

Be sure to check it out today – Markethive.com<\/a><\/span><\/span><\/p>\n

\"Markethive\"<\/a><\/p>\n

<\/p>\n

Tim Moseley<\/p>\n","protected":false},"excerpt":{"rendered":"

Hidden In Plain View by Jeff Thomas, editor, International Man Communique In 1796, the US issued its first quarter dollar. On the obverse, it displayed the image of Lady Liberty, and above the image (in case there was any doubt about the message), the word "LIBERTY" was prominently displayed. The coin was minted from silver … Continue reading Hidden in Plain View<\/span> →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[675,676,7],"_links":{"self":[{"href":"https:\/\/prendergast.net\/index.php?rest_route=\/wp\/v2\/posts\/1708"}],"collection":[{"href":"https:\/\/prendergast.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prendergast.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prendergast.net\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prendergast.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1708"}],"version-history":[{"count":0,"href":"https:\/\/prendergast.net\/index.php?rest_route=\/wp\/v2\/posts\/1708\/revisions"}],"wp:attachment":[{"href":"https:\/\/prendergast.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prendergast.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prendergast.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}