Everything on this web site begins with this philosophy:
*The measure of an economy is money.
*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. The federal government, alone among borrowers, never will default.
*Thus, there is no
federal debt or deficit problem, and a
balanced federal budget leads to a
recession or a depression.
Thumbnail List of
Economic Solutions
Please click the cover to see excerpts from the book FREE MONEY
Economic Solutions
Here are quick solutions to the various problems affecting the economy. Clearly, something as complex as our economy cannot be corrected with quick solutions, but these comments provide a direction for further discourse:
Solution to
Recession: Increase the federal deficit.
Solution to
stagflation: Raise interest rates and increase the federal deficit.
Solution to depression: Dramatically increase the federal deficit.
Solution to a "fair" taxation system: Reduce taxes. Begin by eliminating FICA and Medicare taxes. Then begin to raise the minimum taxable income level, higher each year, until all income taxes are eliminated.
Solution to the
federal deficit: No solution needed. "Federal deficit" is a synonym for "federal money created." A growing economy requires a growing supply of money.
Solution to paying for the
federal debt: More federal debt.
Solution to education problems: Increase federal support of schools.
Solution to infrastructure problems: Increase federal investment in infrastructure.
Solution to
Social Security financial problems: Federal support of Social Security similar to Federal support of the military, i.e. deficit spending.
Solution to
Medicare financial problems: Federal support of Medicare similar to Federal support of the military, i.e. deficit spending. financial problems: Federal support of Medicare similar to Federal support of the military, i.e. deficit spending.
Solution to the health care crisis: Federal support of universal health care. More money to doctors and hospitals to encourage an increase in doctors and hospitals.
Solution to military recruitment problems: Increase military salaries.
Solution to pollution and other industry-made ecological problems: Financial rewards to companies for positive ecological steps.
Solution to poverty: WPA-style job creation.
Solution to hunger: More food stamps for more people.
You will notice that the vast majority of economic solutions involve increasing the federal deficit. The reason: The vast majority of economic problems stem from a shortage of money in the economy (with inflation being the notable exception). A growing economy requires a growing supply of money. I would like to have your thoughts.
CLICKHERETO TELL ME WHAT YOU THINK ABOUT THESE SOLUTIONS, AND WHY.
Please click the cover to see excerpts from the book FREE MONEY 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.