EU says it might block people from getting their own money from banks

By David McElroy · June 13, 2012

So you think the money you have in the bank belongs to you, huh? Does it really? The Europeans who have money deposited in their banks thought the same thing. Now that the continent is a financial basket case and the joint currency is on the verge of falling apart, Europeans are learning who controls their money. Will Americans be far behind in learning the same thing?

As it starts to seem likely to Greece will pull out of the eurozone and go back to its own currency, EU officials are trying to figure out what to do. One of the possibilities that they’re considering is limiting the amount of money that people are allowed to withdraw from banks. Another is instituting border checks and “capital controls.” (That’s a polite way of saying that people can’t move their money out of the country.)

If someone can tell you that you can’t have access to your money, is it really yours? If someone can tell you that you can’t spend your money out of the country — or send it to a bank account somewhere else — is it really your money?

So whose money is it? There’s a story in several of the New Testament Gospels in which Jesus addressed this question. It’s been used by many people to say that Jesus told people to pay taxes, but let’s look at what it actually says. This account is from Mark 12:13-17:

And they sent to him some of the Pharisees and some of the Herodians, to trap him in his talk. And they came and said to him, “Teacher, we know that you are true and do not care about anyone’s opinion. For you are not swayed by appearances, but truly teach the way of God. Is it lawful to pay taxes to Caesar, or not? Should we pay them, or should we not?” But, knowing their hypocrisy, he said to them, “Why put me to the test? Bring me a denarius and let me look at it.” And they brought one. And he said to them, “Whose likeness and inscription is this?” They said to him, “Caesar’s.” Jesus said to them, “Render to Caesar the things that are Caesar’s, and to God the things that are God’s.” And they marveled at him.

Look at whatever money you have, whether it’s U.S. currency or cash from any other country. Whose pictures and words are all over it? It belongs to the people who designed it, printed it and control it — whatever government or bank that the government designated to control it.

Maybe that’s what Jesus meant when He said to give to Caesar the things that belong to him. The coins that the people were using came from Caesar, not from the people themselves. In the same way, the dollars or euros or yen that we believe are ours belong to governments. They manipulate their currency and they create more of it out of thin air. I don’t see anything in Jesus’ words to indicate that He was instructing His followers to give some arbitrary portion of whatever they produced to Rome. (I don’t have time to go into more about Jesus’ words here, but if you’re interested, here’s an article with some interesting thoughts about it.)

We frequently hear about the separation of church and state. I’ve talked before about the need for a separation of marriage and state. It’s time for us to consider, though, the separation of money and state.

Why do we need governments to create money? The truth is that we don’t. There’s no reason it shouldn’t be left up to the market. If some of us want to use gold and silver as a medium of exchange, why not let us? If others want to accept money created by some bank they trust, why not let them? Why not let the market figure out which medium of exchange works best — without any government interference or control?

As long as the coercive state has anything to say about it, this won’t be allowed, of course. Because money is their ultimate way of controlling us.

In the meantime, just start thinking about why you need pieces of paper or coins issued by a government to represent value that you have earned. Think about why you shouldn’t just trade with others without governments and government-controlled banks having the power to manipulate the money.

One day, the time will come when government-backed money will go away. Something has to take its place. Whether it’s gold and silver or bitcoins or some other form of digital currency, it needs to happen without politicians and bankers controlling it. The money we carry with us should be ours, not theirs.

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Six years ago this evening, a scared young dog came to live with me. She was so terrified on the ride to my house that she pooped in the back seat of the car. She had originally lived her life on a chain as a puppy. Then she lived among far too many other animals in a cramped apartment, where she was pushed around by bigger dogs. I was told she would always be a “special needs dog” and would probably never be much more than the scared girl she was then. But with a lot of love and patience, a very different dog emerged in the coming months. Now that she’s been with me for six years, it’s hard to imagine her any way other than she is today — as the World’s Happiest Dog®. One day, she’s going to tell her own story on her own podcast. You’ll subscribe when she gets started, won’t you? This loving girl deserves it.

It was obvious to me in the late 1990s that western society is heading toward social and economic collapse. When I told other people back then, most thought I was crazy, because they saw their society as stable and booming. But more and more people have slowly been coming to the same conclusion. And now, even the wealthy and powerful seem concerned. A new report from the World Economic Forum says the erosion of “social cohesion” is what we should fear right now. (Full report here.) Although I disagree with a lot of political spin that these elites put on the dangers ahead, I feel certain that we are headed toward social collapse. And most people will not prepare for it. The book that started me down the road of thinking about this came out in 1993. I thought its reasoning was impeccable, but that the time frame would be longer than the book expected. I still find that book a useful foundation for thinking about the issue — “The Great Reckoning,” by James Dale Davidson and Lord William Rees-Mogg — even though its predictions are out of date. Dark days are coming. Smart people are going to have a plan to get out of the way of what’s coming. Will you?

Since I posted my audio discussion a couple of nights ago about some recent realizations I’ve had about myself, several people have asked for more about what I quoted from Jordan Peterson. The Canadian psychologist is controversial to some — and I don’t always agree with him — but I’ve found his lectures about art and its relation to psychological archetypes very useful. You can find him here talking about art being more about process than just result, which contains the material I quoted. Here’s another video from a lecture in which he discusses how artists mediate for the rest of society between the known and the unknown. And here’s another portion of a lecture at an art exhibition in which he talks about the necessity of artists for society. And if you missed my audio from two nights ago, here’s a link to my discussion about some things I’ve learned about myself and some things I need to change about myself as a result.

I just realized it was four years ago today when I came uncomfortably close to dying. I don’t remember how blunt I was publicly about this at the time, but the surgeon who operated on me made it clear afterward that I had been much worse than he had thought. My gallbladder was inflamed and I had been in tremendous pain, but what the doctors didn’t know until they started is that the organ was close to rupturing. Surgery that was supposed to take half an hour took two or three hours, because my gallbladder was so diseased — the surgeon’s word — was falling apart as he tried to remove it. I had gone to the emergency room at St. Vincent’s Hospital (the same one where I was born) and was kept for emergency surgery the next morning. I should have been home that night, but I had to stay in the hospital three days instead. The weird thing is that I never really believed I could have died. Maybe it was just denial, but I didn’t feel as though it was my time. I thought I still had a lot of life left to live. Four years later, I’m grateful to be alive, but I feel as though my life is still on pause. It’s been a blur. I still feel as though I’m waiting for “the rest of my life” to start.

Is “The Nightmare Before Christmas” really a Christmas movie or a Halloween movie? It’s both, making it a delightful mashup of themes and images from two very different holidays. Although Danny Elfman’s score was nominated for several different awards, Elfman wasn’t a typical composer for film scores. Up until he started working on films with Tim Burton, Elfman had been a rock-and-roll artist best known as the leader of the new wave band Oingo Boingo in the 1980s. Just this week, I heard an interview on the podcast Song Exploder on which Elfman explains how he came to write the music for the movie, including why he approached the music for the film very differently than he had approached writing rock music. I enjoyed the 20-minute interview and if you happen to love the film, this Christmas would be the perfect time to learn more about how the score came to be. Tap or click below to listen. Listen here.

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