Gold: $ 1308.50 $ Silver: $ 15.46 Palladium: $ 1589.00
Dateline: Del Mar, CA: Tuesday, March 19, 2019
Trust: An Exhaustible and Extinguishable Commodity:
The Slow Creep and then The Hip-Hop to Other Industries and Sectors:
FNB now examines how confidence and trust in a nation’s monetary system erodes. This most certainly does not happen quickly. This happens slowly, over an extended period of time.
When you begin to examine the utter frailties and potential for pause that lives within each and every transactional model, you begin to see and understand that trust is a key component. You begin to grasp that trust is the ‘juice’ that keeps the currency flowing and the transactions dinging. Trust is the coefficient that links sellers and buyers together.
Trust can become really thin, really quickly. Trust notices anxieties as they arrive. Trust pays attention to commerce and commercial enterprises. Trust starts to raise ‘red flags’ when and as commerce starts to SLOW DOWN.
SLOW DOWN and Slow Creep:
Let’s use the buying and selling of produce as our illustration. Produce buying and selling is universal. Every, single family and business on the planet buys produce. There are millions upon millions of sellers of produce.
Let’s imagine that for weeks, maybe months and maybe even years you shop at the very same produce stand.
Let’s further imagine that you have enjoyed the vitality and the freshness of the products that you sample and purchase at the stand. And let’s imagine that you trust that the people who operate the stand, stand for integrity.
Let’s imagine that one day, you notice that the produce, the fruits and vegetables have a strange and maybe a bit noxious tone to them.
Let’s imagine that your picking and selection methods become more precise and more highly selective. But you still shop at your favorite produce stand.
One day, you take the produce home and prepare portions for your family. You have done this hundreds upon hundreds of times. And this time, rather than your family raving about the quality and the taste of the meal you lovingly prepared for them, instead, they become enraged.
You decide that the produce that you picked through at the market and carefully selected for your family is the culprit.
You determine to head right back to the market. You find and confront the manager and let him know what happened. You are stunned.
For the manager tells you to, ‘pound sand’. He demands an apology from you and bans you from ever shopping at his store again.
Your trust in this store is shattered. You tell all of your friends and relatives what happened to you. You place terrible reviews on social media and public information outlets.
The net result?
The produce-stand business goes into a vertical free fall. For ‘trust’, that engaging and must-be-present coefficient that links buyers and sellers and businesses and institutions and governments and their currencies has been expunged.
Now, FNB purports that exactly, and I mean precisely the same kind of erosion and then expungement of trust, can and will occur when a nation’s currency supply loses its appeal. And/or washes itself free from its primary responsibilities which are to preserve people’s’ wealth and to act as a safe, transactional exchange devise for commerce to thrive.
FNB posits and strongly asserts that capitalism and the capacity to own, manage and profit from the collective of private properties and/or business initiatives is a driving force that America and its leaders simply must protect.
Founder and Owner,
First Nation Bullion
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