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The History and Future of Money

This is a brand new speech on The21Convention.com given by level 3 CFA Gary Korolev. As the title states, it’s about the history and future of money. Gary is highly critical of fiat currency and central banking in the presentation, especially when it comes to the federal reserve of the united States.

For some of you, the concepts presented in this speech will be brand new. For others it will be a review. Regardless, I think everyone will enjoy it in full.

As the founder of The 21 Convention, and as someone who passionately f*cking hates the federal reserve, it’s a very welcomed sight at my own event.

Click here to watch

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In related news, and as discussed to a degree in the video, Texas Congressman Ron Paul is hours away from WINNING Iowa. For international readers who do not understand what this means: it’s a very, very, very, very good thing.

Relevant to the video, it’s a giant step towards abolishing the federal…

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Peter Schiff: A Real Life Hank Rearden

You could actually say a real life Midas Mulligan/Hank Rearden hybrid, but who’s counting. Peter Schiff is a bad ass and drives at real fundamental issues in the face of the sheeple — defending the remaining producers left in this crumbling country.

I wonder how many people in the crowd even had a murky let alone clear concept of what unalienable rights are — and why they are by lights years upon light years, the most important thing that could be discussed by anyone right now so far as government is concerned.

And I love Peter’s question — what objective % of my own money should I keep?

Notice no one answers with the only correct answer possible: 100.

– Anthony Dream Johnson

ps — I got in touch with Peter Schiffs people a few months ago about speaking at T21C. Got side tracked but shall be interesting to pick the discussion back up.

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College Dropouts to Save America

College Dropouts to Save America

Found this neat article in the New York times. Here’s a quote.

If I were betting on the engines of future job creation, I wouldn’t put my money on college students cramming for tests and writing papers with properly formatted M.L.A.-style citations in order to bolster their résumés for careers in traditional professions and middle-management jobs in large corporate and government bureaucracies.

I’d put my money on the kids who are dropping out of college to start new businesses. If we want to get out of the jobs mess we’re in, we should hope that more will follow in their footsteps.

I mention this because it’s eerily reminiscent of my own life. As many of you know, I dropped out of college Spring 2010 when I failed “how to start a business”, for the second semester, in a row. Adding insult to injury, I had started a business from nothing at age 17, currently ran it at the time, continue to run it years later,…

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Profits are Made on the Buy, not the Sell

During one of the speeches at The 21 Convention 2011 of Orlando Florida, one of the speakers said something pretty extraordinary. He said that — in regards to all areas of life, not just wealth, but even things like intimate relationships, friendships, etc — profits are made on the buy, not the sell.

I thought this was pretty profound, so I started thinking about it on an almost daily basis. In a distant sense, implementing it. The literal, physical results have been pretty profound, and strongly encouraging for continued use. I mean this across the board to.

So what’s the deal? Is it some magical thought process?

Of course not, it’s a reflection of reality, one very supporting of a strong self-esteem, in the sense that it aids you in accurately valuing your-self. Specifically your time, your money, your effort, your mental energy, your emotional energy, the products of your work, etc. It really gets you focused on where you are spending yourself. And it begs the question on every “transaction”: is this a wise choice for my value?

Is this…

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Ron Paul Mentioned at The 21 Convention

 
An excerpt from “The History and Future of Money” by Gary Korolev.

I will add to what Gary said and state that its not so much the power to tax that is the problem, its associating “tax” with violent force. Taxes could very easily be made voluntary or fee based, with a loss of services for not paying. A business for example that did not wish to charge its customers a State sales tax, could lose an appropriate degree of ability to enforce their contracts with customers and other businesses in State court.

Make as many agreements as you want, if you don’t want to pay sales tax, they are only enforceable to X degree without paying huge fees. Charge and pay sales tax, and they are enforceable with no or minimal fees involved.

While this would have to be ironed out in great detail, it is an enormous step in the right direction.

Why?

Because no government in the American States was granted the authority to put a gun to your head and…

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Wealth is a Product of Man’s Mind

Wealth is a Product of Man’s Mind

If “it’s not about the girl, it’s about YOU” is one of the most profound ideas I have ever come across in my understanding of male/female relationships, “wealth is a product of man’s mind” is the corollary in business/entrepreneurship.

Since the day I heard this statement, which wasn’t that long ago, money has been 100x more abundant. Which is a term I am a bit queasy about because it is typically spouted off by mystics and irrationalists, but never the less, money has been flying at me since I heard this quote and grasped it’s meaning.

It’s meaning being that man’s mind is the source of all good in the world. “Wealth” as we know it is an expression and logical, subsequent offshoot of this.

In another sense, a la The Fountainhead, “man’s ego is the fountainhead of human progress”.

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So, wealth is a product of man’s mind, but how exactly does this translate into more fiat dollars in your pocket?

Easy: making this…

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The Psychology of Entrepreneurship

The Psychology of Entrepreneurship

One of the best speeches ever given at The 21 Convention, and the first ever on entrepreneurship.

Eat it Rick Smith.

The Psychology of Entrepreneurship 2.0 coming soon, filmed in Orlando Florida.

– Anthony Dream Johnson

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Deflation

From commenter “trader”

… Right now gold is on the cusp of going parabolic, but before any big move there will be a big hit, so i think anytime between now and november, gold looses between $300-400, that will shake loose the public from their gold, and the banksters will be be on the buy, sopping up all the selling, then at the climax of panic out of gold, it will reverse and go into the parabolic phase.

this year gold stocks have been shorted by the fundsters (with borrowed $ from the banksters) so gold stock has fallen even as gold has risen dramatically, who do you think has been buying the shares of tumbling gold stock?- yes that would be the banksters, so dont be surprised if gold stocks go up as bullion falls. it doesnt make sense, and its not supposed to, the banksters transfer wealth from you to them, using confusion.

professionals buy weakness and sell strength as they trade around their core position in any asset. dont chase price. volatility is our friend

I’ve…

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Time to Abandon the United States Dollar

Time to Abandon the United States Dollar

This is a topic worthy of a great deal of discussion. I do not feel motivated to write much about it at the moment though, so I’ll keep this brief, and encourage TDLers to watch the upcoming T21C video release “The History and Future of Money“, filmed live at The 21 Convention 2011 of Orlando Florida.

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I got a few questions through private message about gold, silver, and fiat money. Before listing those questions and providing brief answers, I will gently remind everyone that they are responsible for their own actions and I in no way take responsibility for yours by providing the following information — which should be taken as a big fat joke and as “entertainment only”.

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Question 1

If I took out loans to buy gold and silver, would that be beneficial for me? Or would the loans just inflate as much as the gold and silver making my profit minimal if I invest through that avenue. I am not sure if the loans will…

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Lessons in Event Architecture: Build Your Team Wisely, Fully, and Completely

Lessons in Event Architecture: Build Your Team Wisely, Fully, and Completely

This could very easily be titled “Lessons in Entrepreneurship…”, because it’s application is that broad, but for the time being I will leave the title as is – and where I am most experienced.

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The purpose of this post is to define why and how to build your “team”, for an event, or any business for that matter.

 

Why is this necessary?

This is necessary because “build your team intelligently” (or wisely, or fill in the blank), is too vague, and not a complete instruction.

In fact, this will leave you clueless, lost, and with a poor team – eventually collapsing your event or business.

To make it complete you have to tackle the subject from both ends of the spectrum – negatively and positively.

A la, black and white reality.

 

How is this done?

It is done by A, being ruthless in your standards for who to let into your business/event, and therefore, your life. Your team will take up time out of your life, and before this happens, you…

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