Cure for recession, inflation, stagflation, depression. Solution for Medicare, Social Security and the economy


The Federal Debt Problem "When an author puts himself on the line by embracing an unfashionable idea, even though he is guaranteed to generate scorn or indifference, this should be recognized." Nobel laureate Kary B. Mullis

To understand our economy, you must understand: 1. The Golden Rule of Economics: "A growing economy requires a growing supply of money." 2. The Fundamental Truth of Economics: "All money is debt." Once you fully understand the implications of these two simple concepts, you'll be ahead of most media experts and lay people, and on your way to a most exciting discovery. Rodger Malcolm Mitchell, MBA is a "turnaround specialist," who saves troubled companies. He looks at each company with fresh eyes. He ignores corporate common knowledge. He finds the realities of each company's situation. He's learned: When the obvious answers don't work, the real answers will be counterintuitive. Click the cover to see excerpts from the book In FREE MONEY , Mr. Mitchell uses the same techniques to investigate commonly held beliefs about our economy. What he discovers will amaze you. Learn:
Why lowering interest rates has not, can not and never will, stimulate the economy. Why running a federal surplus, or even a balanced budget, is the least "prudent" fiscal action. Who creates, and who destroys, the money needed for economic growth. What would happen to our economy if federal debt were to rise six-fold. The effect of cutting taxes on the rich vs. cutting taxes on the poor. The surprising effect a cut in taxes, or an increase in benefits, would have on Social Security and Medicare. Why a trade deficit does not harm our economy. If taxes are cut, which tax should be cut first. The real cause of the latest recession, and how to predict future economic changes. Why the Fed has failed to prevent and cure recessions, and what the Fed should do now to prevent the next recession. For more information, see FREE MONEY

An interesting, counter-intuitive pattern: Every recession in U.S. history was preceeded by a series of years in which federal debt rose less than it did in the corresponding month of the previous year. Each recession ended when federal debt began to rise faster than it had in the corresponding month of the previous year. This is related to the following pattern: 1817-1821: U. S. Federal Debt reduced 29%. Depression began 1819. 1823-1836: U. S. Federal Debt reduced 99%. Depression began 1837. 1852-1857: U. S. Federal Debt reduced 59%. Depression began 1857. 1867-1873: U. S. Federal Debt reduced 27%. Depression began 1873. 1880-1893: U. S. Federal Debt reduced 57%. Depression began 1893. 1920-1930: U. S. Federal Debt reduced 36%. Depression began 1929. 1998-2001: U. S. Federal Debt reduced 9%. Recession began 2001 FREE MONEY, THE ANTIDOTE TO POPULAR WISDOM ABOUT SOCIAL SECURITY, MEDICARE, THE FEDERAL DEFICIT AND DEBT, TAXES AND THE ECONOMY.

Social Security & Medicare:
Solution to the Problem

Read Letters to the Media

US Federal Debt is $9 Trillion!

                                        What does this logical progression tell you?
                                        *A large economy needs a larger supply of money than does a small economy.
                                        *Therefore, a growing economy needs a growing supply of money.
                                        *All money is a form of debt.
                                        *Therefore, a growing economy requires a growing supply of debt.
                                        *U. S. Federal Debt is the safest, most controllable form of debt, because the federal government, alone among borrowers, never will default.
                                        *Thus, there is no federal debt or deficit problem, and a balanced federal budget guarantees recession, and depression.