"Democracy will be safe when he who is not wronged is as offended as he who is wronged." - Ben Gurion of Israel
Once upon a time, there was a dumb, uneducated hick farmer in Maryland. Being uneducated in book learning and held as dumb by all the smart young graduates from college, all he had to live by was a bit of common sense and some knowledge gained in the school of "hard knocks" (personal experience).
This hick farmer lived in a little rural community that got bypassed in the development of many other parts of Maryland. There were ten working men in this little town. One was the small general merchant, one was the carpenter, one the baker, one the tailor, a couple of them farmers, and so on.
Everyone was poor but self-sufficient in this little town. One day this hick farmer got an idea that might occur to an uneducated man, but not to the fancy, educated college kids and the big named economists. After all, what is all that education for if a simple idea works far better than all of the fancy, complex concepts only highly educated people can come up with?
This hick farmer suggested to his neighbors a novel idea how to increase their incomes. He said, "Let's print up $1,000 in community dollars, give each of the 10 of us $100.00 in community dollars. Let's buy the same amount between us. This way we can all buy more for ourselves. They agreed to his plan, printed up $1,000.00 in crude community dollars and gave $100.00 to each of the 10 men.
Well, at first, the plan didn't do much. They spent these community dollars with each other about once a year. Each man realized $100.00 extra in extra income besides his usual income. But then the system began to catch on. They spent their community dollars with one another about once a month.Each man realized now $1,200.00 in new annual income from these community dollars and the community had generated itself $12,000.00 in income from just $1,000.00 in printed money. These people began to like this new prosperity coming to them. They began to spend their community dollars with one another once a week. Now every man made $5,200.00 annually in new income and the community realized $52,000.00 in new business for the year off of just $1,000.00 in printed currency. Finally the boom fever swept this little town. The people spent their money as fast as they got it. The men now realized $10,400 income each, yearly, or $104,000.00 in income for the community during the year from just $1,000.00 in printed currency.
The town found that so long as there were goods and labor to back up this currency money, then this local money was always good.
There is a moral to this story. Leave the people alone, give them honest money (money not manipulated by the government or banks) and free enterprise will make these dollars move faster and faster until everyone is prosperous, no one is poor or unemployed. You see this dumb, uneducated hick farmer had more real brains concerning money than all of the bright boys from Harvard and Yale with their sounding great, worthless answers.
Four times inhistory the bankers have lsot control of the issuance of a nation's money. Free enterprise then swiftly doubled and tripled the wages of the laboring class and greatly multiplied the profits of business in the process.
4,000 years of recorded economic history testifies that honestly run money and free enterprise greatly out-performs all the glittering false promises of Communism or other versions of socialism.
All the political hot air of the politicians in the world will not change the laws of economic science as to what will work or else not work. Communism is a mediocre substitute for a national monetary system honestly run and free enterprise. Communism is basically a scheme of grand larceny condemned by Jesus Christ where you covet your neighbor's wealth and so want to steal it from him and give it to you using the government as your gangster front for you. However, in systems of stealing money such as this, you finally run out of the money of other people and the system ends up making you very poor as you stole the money from those who were going to invest and found your new industries and jobs for you.
America's greatness is withering as more socialism is steadily introduced into the economy as reflected by wildeyed massive regulations and wildeyes massive taxes intended to stop free enterprise in the nation and substitute instead the socialist welfare state based upon steal from the rich to give to the poor. As those raising money for new industries know, the poor do not finance your new industries for the nation but those who were smart in business or else prosperous enough to save up money for investments when they arose. So when you wipe out the rich and more prosperous middle class, you end the national finances for free enterprise. And bureaucrats in socialist government are incredibly dumber in how to create new national industries than smart business brains out to benefit the nation by new industry or out to make themselves richer but they have to benefit you with better products and better prices so they have to serve you while advancing themselves. And even if they invest to make more money in industry, they still create more wealth for the nation and more jobs for you in the nation in the process.
IF economists or other people would study enough history, they would find as I found by massive research work that 84 economic systems recorded over the last 4,000 years all are run by the same scientific, economic formula how to create full employment and prosperity in a nation. If America applied this formula to its economy and used it correctly (keep the dumb politicians out of messing up this formula!), then our unemployment would soon disappear, excessive poverty disappear, world war threats would disappear as economic social justice on earth would corrupt all mankind by prosperity so no one would want to be bothered by the barbaric act of war to use on other barbaric races on earth, and major crime would disappear as basically happens every time in history everyone in a nation gets too prosperous. Crime is the reflection of a mismanaged economy where people lose hope in survival otherwise or criminal acts seem to many like the only way to get rich in society.
The following historical formula of economic science based upon my study of these 84 economic systems over 4,000 years of recorded history tells how economic science can automatically outlaw unemployment and poverty in any nation smart enough to scientifically apply it to their national government's economic policies and laws. One point here. I play to win! I don't tell how some nations guaranteed high velocity for their money and how they insured their money was always soundly controlled in value so no inflation had to be created while a people skyrocketed in prosperity off of high velocity money which was preached by Jesus Christ who bluntly said to not hoard money and God would bless your society. You have got to deal with me to make this economic formula work right for America or other nations. I refuse to use this formula for America until my Omni Law is passed. That is to keep the dumb politicians out of the way so we who are real economists can skyrocket the American economy for the American people.
Base your national laws and policies upon this infallible economic formula if used correctly:
T Euals M Times P Times V
Now translating this formual a bit into more common language, T stands for Total Purchasing Power In Circulation (measures the degree of prosperity or lack of prosperity in an economy and is the value that must be increased in relationship to the population if a nation desires more prosperity and/or employment for itself.). M stands for Money In Circlulation (purchasing power is money. Therefore, all types of purchasing power such as printed currency, bank checks, credit charges, gold, bonds or other securities when and if they are readily convertible into cash - "legal tender" as the lawyers label it - or accepted in place of cash). P stands for Purchasing Power Per Unit Of Money Or Effective Substitutes In A Given Period Of Time. V is the factor not understood by American economists, yet it is the key to making economic science at last a practical, competent branch of science.
Whenever the total produced by these three economic factors is greater than before for a given number of people or national population, then the degree of prosperity increases in an economy. Whenever the total for a standing population or set number of people is less than before when these three factors are multitplied together, then the degree of prosperity or employment hs to decrease in the economy. There are no exceptions to this formula in human history. This formula shows what causes unemployment or poverty and how to cure it. For example, check inflation and increase the statistical amount of purchasing power (units of money) in circulation or else spend money faster and more prosperity and employment are created.
I added a new factor to this formula. By focused use of engineering, we can wildly increase the purchasing power of money or effective substitutes. I will have to teach other economists how this works after we are running the American economy by this colossally powerful economic formula.
If the limitation of raw resources or else insufficient population, etc. forces a nation to have only a partial "market system" (Dr. Adam Smith's version), just do policies like settle the population that is surplus in any way on good farmland and forget "Built-in obsolescence" in the manufacture of products. Then a nation can still have all the prosperity it wants or needs.
Dr. Adam Smith and other early economists intended for economic science to be the practical application of Christian principles to help the people help themselves. Pagans later entered into and took over economic science. They threw out the Christian ethics and principles and made it serve corrupt interests instead of the people. It is time to throw the pagans out and make economic science once more the application of Christian principles and ethics to the national society to help the people help themselves.
"He who will introduce into public affairs the principles of primitive Christianity will revolutionize the world." - Benjamin Franklin
Repeating what I said in a prior report, those tired of a rotten national economy, massive unemployment, poor business, high taxes, and overly tyrannical government with tons of needless regulations, back passage of my Omni Law. Look it up in the search box at the top left side of Nesara News over the archive listing for Nesara News for filed reports with them and see what the Omni Law is. It gives the American people back effective and real control of the federal government which they have now lost. Once the Omni Law is passed, my hands are untied and I will show you how fast we can turn around the American economy. Put in my pen name of Erasmus of America and see the dozens of other reports I posted with Nesara News over the months. If stuck, send an email asking for a copy of the Omni Law. Send to fastboomamericaneconomy@gmail.
Yours for God and Country, Erasmus of America (pen name briefly. Was years ago written up by an prestigious international organization as"The Einstein of American Economics." I am a winner and smart people back winners!)
Yours for God and Country
1 comment:
You may wonder why you never hear about Panama in the news. The answer is simple. The Republic of Panama is one of the world's "super economies" Very few if any of her citizens need to work as each and every
one receives the equivalent of $2.5 million dolars US in grants from the government, and that money is backed by a vast hoard of gold and maintained by a clever economy that enriches itself from the sale of fuel to every ship that sails through our canal. You see each vessel must "fill up" before exiting the grand waterway, and those ocean liners take a lot of "gas" tons of it actually and through clever accounting we are able to buy low and sell high; the most simple and fool proof of all economic systems. My advice to any country that wants to become a super economy like us. First you outlaw religion and the rest will follow. Now have a cigar!
"Texino" of Panama
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