Servant Of The Light

Version 4 – 23^rd August 2012

Allodial Labour Trading

In our present corporate culture the fiction of capital is viewed as the creator of wealth, based upon a usury system of increase on capital with a disregard for the physical labours required for that increase.

The labours of the majority are dominated by the wealth of the few, who hoard and monopolise capital, as a mechanism of enslavement. This system is inequitable and ultimately both unsustainable and very degenerative upon any form of community.

The natural system of trading is based in ‘your’ labours invested or provided, and then exchanged, if of value to another, for ‘their’ labours, based within the allodial understanding.

The repository is a local community facilitator for this exchange of labours, it allows a store of labour and an advance of labour, it allows simple administration of assurance, minting of coins and simple transfer between communities of their respective goods and services.

1.     As a store of labour: upon committing yourself into the natural equitable community, you deposit your fiat money into the repository, where it is exchanged for pure silver and credited to your account, this has then been exchanged from a fiat value into a tangible value.

2.     As an advance of labour:  the advance of labour granted upon surety bond agreement needs to be acknowledged as universally of value; locally the advance is a simple accounting within an interest free fractional reserve of silver, when this advance is used externally to the community, it is provided in physical silver.  There is nothing intrinsically wrong with fractural reserve accounting free of any fees, interest, or profits, as you are simply gaining yourself labour in advance, from surety agreement, and returning that advance over time to balance the account, within surety bond protection.

The repository can function simplest using a combination of a debit card system by the members within their local community interactions,  based upon ounces of pure silver as a method of account, and for those giving payment outside of the community, or if community members prefer, through physical exchange of silver coins or bullion.

3.     Administration of assurance: the assurance system is widely utilised within the community, providing community services, and individual and trade protection, the repository is the central point to organise these cooperative pools.

4.     Minting coins: The administrator of the repository mints some silver into coins, for an added cost per coin above the weight of silver, this applies only if you want to withdraw coins, coins having more value than bullion silver, and is not required for transferring silver externally, or from one account to another; coins or bullion is recorded in transfer and is reflected in value.

5.     Transfer between natural equitable community repositories: two repositories using the same system can cancel out trades internally and maintain a debt and credit account, only settled in physical silver if the balance leans too far one side, but otherwise a maintained balance of trade, this balance can exist with many repositories.

The main administrator of the repository is a man with a full surety bond; any others within the cooperative are highly bonded, and are held in a signed and witnessed unilateral agreement of behaviour and accountability. The repository is a cooperative business held by the men who work within it. Beyond an annual detailed examination of accurate accounting and compliance to the bond of behaviour by a full jury of local peers, a depositor has the reciprocal obligation and responsibility to request an inspection of the accounts of the repository, through court entrustment, performed by a jury of their peers within the community, if any suspicion exists of wrong doing, however slight.