Definitions by Jon Davis

fiat money 

Money that is valueless, or that is backed by nothing, or by such a small amount of any tangible compared to its perceived value that its tangible value is not worth noting

$USD currency is fiat money.

fiat money by Jon Davis January 14, 2004

ratify 

To approve, formally, according to a set of established procedures.

You must get several states to ratify an amendment to the Constitution of the United States of America before it becomes established.

ratify by Jon Davis January 14, 2004

debt money 

Money that is borrowed, or money that has a negative value, as with an invoice or bill but with a facade of having inherent tangible value.

$USD currency is debt money.

debt money by Jon Davis January 14, 2004

Karl Marx 

Author of the Communist Manifesto.

Karl Marx is considered by many to be the father of contemporary communistic doctrine.

Karl Marx by Jon Davis January 14, 2004

slavery 

The state of being required to serve or give tribute to someone.

One who engages in debt is in slavery to the debt; the master is the loaner.

slavery by Jon Davis January 14, 2004

Progressive income tax 

An income tax that becomes more and more burdensome and/or complex over time.

Progressive income tax

The "progressive income tax" like the income tax system of the United States of America is one of the ten planks of the Communist Manifesto by Karl Marx.

Progressive income tax by Jon Davis January 14, 2004

demigods 

Plural of demigod.

Catholics view the saints as demigods.

demigods by Jon Davis January 14, 2004