Amidst the frenzy of policy recommendations from economic “experts,” it is difficult to sift through such platitudes in order to identify the governing principles which have led the U.S. and the rest of the world to the brink of a “new dark age” (Lyndon LaRouche). The mechanisms through which this state of affairs have and will manifest are the same used by the first Roman Empire, founded by among other people, Caesar Augustus—a system called monetarism.
Anachronism is the word that comes to mind when using the first Roman Empire in the context of modern political economy, but this is the reality of the situation. This monetarist principle has dominated all European systems since the days of Augustus Caesar and still dominates what currently is known as the British system, and has found a home in the U.S., particularly with the founding of the Federal Reserve System in 1913.
When the founders led the U.S. in the forming and adoption of the U.S. Constitution, they defined money as a medium which reflected a state of credit representative of a sovereign republic. That is, the founders meant for this system of credit to foster an increase in net physical value per capita. Simply put, identifying the governing principles on which a productive economy can be built would establish a platform on which the individual could have an active hand in the willful development and creation of his environment and by extension his universe.
What we have now (in the U.S. and internationally) is far from that. The U.S. is a victim of the idea that a monetary value is the standard of measurements in the economy, not the development of physical wealth.
If the U.S. is to survive—financially, socially and culturally—lawmakers and citizens must rid themselves of this brainwashing. It is surprising how unaware some people are of the principles which govern their behavior. Creation, thoughts, ideas, and many metaphysical aspects of the human species are not simply random acts of chemistry; there are universal principles that direct our motions and actions.
If we, as a species begin to identify these principles, we can solve the highest challenges we face today—such as mastering our environment, creating and expanding physical wealth, developing the human mind and understanding our universe.
The first Roman Empire—and others such as it successor the Byzantine Empire and the Venetian Crusade model—all used to ensnare new slaves a system of usurious loans as mechanisms of control. Every single civilization as a result of participating in this imperial system deteriorated from within. The U.S. can still avoid this fate.