Money should in my opinion have no other job but, to be a “fair exchange for work”. And its ability to be SPENT to create exchange is its one action. As we know, from any action there is a reaction, and the reaction to SPENDING is receiving.
The mistake we make is, being able to hold onto MONEY itself. This stems from the inability for centuries to track or trace it. Nobody knew who had it where they kept it or in what amount. Money itself I am positive was a step up from bartering. It allowed a token in exchange to be used to SPEND. But increasingly over time as people hoarded money itself became necessary to produce more. To restock the supply.
But as we know, trust in money is the key factor. So eventually money became gold and silver. The tokens used had the value in their coinage. So trust became guaranteed by getting in exchange not just a token but actual value.
No we should have moved on by now.
That’s not a criticism. It’s a natural reaction to look at masters for inspiration. But I am yet to see the doctrines I offer, except from me. U feel like the person who is sure the world is round expecting all to see it too, when they clearly believe it’s flat! It’s a hard sell even when it’s true.
But I’ll keep trying until someone taxes note. But, the IEA are so bent on a small state, less spending by government just to balance the books like a well paid accountant they can’t see the damage that causes not the blinkered vision and blindness that makes them.
Those views mean their ethos must not be criticised or taken to task or doubted! And that type of blinkered view can be dangerous in finding the real truth the real answers.
In a global environment where we compete it’s essential that ‘value’ is similar. Or value is added to retain a ‘fair exchange’. As we have seen in Germany in the twenties and recently Zimbabwe and even here in UK in the seventies. Fair exchange of work must be paramount across the world for our currency to be equally accepted. So No! Of course we can’t keep printing money. But as those in charge the mega rich and powerful keep hoarding money and wealth they will keep ‘allowing’ the over production of money, as they are always the main recipients in the end! So they hold it and make the rules and they’re the arbiters of ‘acceptance’.
Thats why the world sucks up to Trump. As they are the gate keepers to their money. That’s where they keep must if their money. In dollars. But we see more and more their gold hoarding replace or run side by side.
Most money is made by property. Weapons, oil, drugs all follow. In that wake. But MONEY itself is the choice for hoarding. Because it’s still untracked and untraced.
Now, for any economy to work including ours and the USA need two common denominators. MONEY and SPENDING. One gives us the fair exchange of work and production the other gives us the need to swap it back again.
We need to work expecting payment. We then live and expect to SPEND it back. For that cycle to go back.
But increasingly we see a fairness of exchange is questionable and we can see that the rich don’t have to exchange all their money. And that’s the problem. Right there. It prevents the intended flow back, if we allow money to be held.
We have the ability to track and trace all money. We have digital banking and smart phones. So much so we no longer need bank branches! Yet, that massive ability is not bring out to best use. And that’s the failure right there.
Look, we must definitely need an amount if digital money sufficient to cope with our production and ability to work. Put simply, a population of 79 million obviously need more than one of say 1 million. If fair and equitable exchange is the need and it is then, the supply must be a calculation of roughly a finite amount. When you talk in the trillions then, even billions in adjustments can mean a small tiny percentage to the overall amount of supply. So we have to be realist.
Supply or money production has to be a calculation bourne from overall need, ability, future need and population, that is a mathematical calculation from an actuary of top skills. But it’s a finite-ish figure.
What it isn’t is a gold standard. Or an economy do skewed with hoarding that we need QE.
We have allowed our economy to be adversely affected by reducing our cash flow to a trickle by the ability of our population to save and hoard money. To such a degree the rich don’t need to SPEND or EXCHANGE most of their MONEY.
They keep it. And only return it as money with debt attached. Interest or worse by ‘investment’ which has total repayment if capital and interest but also future profit take attached. These are keeping us devoid of the fair exchange of money for work that our economy needs!
We are underfunded. Our economy is underfunded. And our government is underfunded all because money is dammed so the flow reduces. It’s kept away from its intended path of return free of debt.
Money SPENT should be the actual money freely being returned in fair exchange. But increasingly it’s clear that is neither fair nor exchanged. And this fact is the key problem.
We have a cash flow problem! Caused by the Banks and pension funds who take vast amounts of money out of the system of supply. And swap it for money with debt attached. Giving the few who hold most of our money and return it to us not freely, but with debt, interest and future earnings attached!
Thats the recipe for our disasters unfolding. Just like going bust, it happens very slowly then, all of a sudden!
That’s why it’s taken decades to get this far.
So back to your interview. Of course we can’t keep printing money. The world needs to exchange at fair value. So over production of money will jeopardise that balance to a point when trust is lost.
So to contemplate FIAT money or having no parameters is just plain naive at one end and idiotic at the other.
And of course we have to pay for collective needs. And that is taxation. Tax is not and never was intended to be as balance for inflation!
Inflation is in the main caused by rising costs! Which have to be constantly adjusted as our money supply is held in larger increasing amounts over ever increasing time. It’s got sod all to do with the money supply but exactly to do with money supplied increasingly with more debt attached!
As our money supply comes with ever greater debt interest attached that extra cost has to be found from earnings and business and there it is, the cost that causes inflation to rise to cover it.
Now if course there can be other contributing factors but in the main it’s rises of costs cause inflation from a need to constantly cover those increases. And that is exacerbated by money passing with debt and not in free and fair exchange.
Look. U have the s as newer. It’s counterintuitive but it will instantly work.
First calculate the true figure of money needed in finite total. Thus can be constantly adjusted as facts change.
Then swap all existing digital and cash money with a new currency of smart digital bank cards.
Then put a ‘spend by date’ on that money. Make it be SPENT freely in fair exchange with us in our economy by a monthly date, and give us the free and fair exchange of money and a constant supply of free money rotating.
Be rich from the assets bought in spending and wealthy from holding those assets and hours etc. not from money itself. That should not be stopped or unspent or unused or idle. That’s hoarding.
We don’t need banks. We just need them to facilitate movement not hinder it!
We need one great pension not many pensions. We need wages to increase well above benefits. To show work really pays!
We need much higher wages to enjoy life. And we need our government to be properly funded. Not hindered by underfunding or cuts!
We can’t afford potholes! Not because we need less spending! But we need to increase the flow of cash through our economy to afford the costs!
We’re not spending more than we afford. We’re not spending enough because the tax take is too low! It’s not too low from not enough taxation, it’s too little because of insufficient cash flowing freely through our economy in fair and free exchange! We’re need to increase money supply and Spending to increase the tax take! With less taxation!!
Look, if there is .£19 trillion pounds out there in the aether and it was spent just once in Ind whole year. One single rotation of all money. We should expect £3.8 trillion pounds in vat alone!
That’s nearly four times our present measly £1.1 trillion pounds from all SPENDING and taxation now from all taxes!
Do if we can and should get £3.8 trillion just from Vat alone why are we not getting it? Because of the above.
You mention elusion taxes. The worst culprit is income tax and Nic. These taxes are not paid by employees!
They are paid by employers! Employees may be liable and they may get Bernie Madoff style statement. But taxes are paid by the employer from revenue received from the SPENDING of MONEY from customers and consumers. That’s from us, EVERYBODY!
Yes the emphasis has to be on SPENDING MONEY not hoarding money as above.
It’s counterintuitive but it works. We will
All get well paid . Even pensioners can have a great state pension more than one that’s not even a minimum wage.
And ironically, the rich will be richer. From assets bought with all that new tsunami of spending! Not from holding onto our much needed money and its supply.
Money should in my opinion have no other job but, to be a “fair exchange for work”. And its ability to be SPENT to create exchange is its one action. As we know, from any action there is a reaction, and the reaction to SPENDING is receiving.
The mistake we make is, being able to hold onto MONEY itself. This stems from the inability for centuries to track or trace it. Nobody knew who had it where they kept it or in what amount. Money itself I am positive was a step up from bartering. It allowed a token in exchange to be used to SPEND. But increasingly over time as people hoarded money itself became necessary to produce more. To restock the supply.
But as we know, trust in money is the key factor. So eventually money became gold and silver. The tokens used had the value in their coinage. So trust became guaranteed by getting in exchange not just a token but actual value.
No we should have moved on by now.
That’s not a criticism. It’s a natural reaction to look at masters for inspiration. But I am yet to see the doctrines I offer, except from me. U feel like the person who is sure the world is round expecting all to see it too, when they clearly believe it’s flat! It’s a hard sell even when it’s true.
But I’ll keep trying until someone taxes note. But, the IEA are so bent on a small state, less spending by government just to balance the books like a well paid accountant they can’t see the damage that causes not the blinkered vision and blindness that makes them.
Those views mean their ethos must not be criticised or taken to task or doubted! And that type of blinkered view can be dangerous in finding the real truth the real answers.
In a global environment where we compete it’s essential that ‘value’ is similar. Or value is added to retain a ‘fair exchange’. As we have seen in Germany in the twenties and recently Zimbabwe and even here in UK in the seventies. Fair exchange of work must be paramount across the world for our currency to be equally accepted. So No! Of course we can’t keep printing money. But as those in charge the mega rich and powerful keep hoarding money and wealth they will keep ‘allowing’ the over production of money, as they are always the main recipients in the end! So they hold it and make the rules and they’re the arbiters of ‘acceptance’.
Thats why the world sucks up to Trump. As they are the gate keepers to their money. That’s where they keep must if their money. In dollars. But we see more and more their gold hoarding replace or run side by side.
Most money is made by property. Weapons, oil, drugs all follow. In that wake. But MONEY itself is the choice for hoarding. Because it’s still untracked and untraced.
Now, for any economy to work including ours and the USA need two common denominators. MONEY and SPENDING. One gives us the fair exchange of work and production the other gives us the need to swap it back again.
We need to work expecting payment. We then live and expect to SPEND it back. For that cycle to go back.
But increasingly we see a fairness of exchange is questionable and we can see that the rich don’t have to exchange all their money. And that’s the problem. Right there. It prevents the intended flow back, if we allow money to be held.
We have the ability to track and trace all money. We have digital banking and smart phones. So much so we no longer need bank branches! Yet, that massive ability is not bring out to best use. And that’s the failure right there.
Look, we must definitely need an amount if digital money sufficient to cope with our production and ability to work. Put simply, a population of 79 million obviously need more than one of say 1 million. If fair and equitable exchange is the need and it is then, the supply must be a calculation of roughly a finite amount. When you talk in the trillions then, even billions in adjustments can mean a small tiny percentage to the overall amount of supply. So we have to be realist.
Supply or money production has to be a calculation bourne from overall need, ability, future need and population, that is a mathematical calculation from an actuary of top skills. But it’s a finite-ish figure.
What it isn’t is a gold standard. Or an economy do skewed with hoarding that we need QE.
We have allowed our economy to be adversely affected by reducing our cash flow to a trickle by the ability of our population to save and hoard money. To such a degree the rich don’t need to SPEND or EXCHANGE most of their MONEY.
They keep it. And only return it as money with debt attached. Interest or worse by ‘investment’ which has total repayment if capital and interest but also future profit take attached. These are keeping us devoid of the fair exchange of money for work that our economy needs!
We are underfunded. Our economy is underfunded. And our government is underfunded all because money is dammed so the flow reduces. It’s kept away from its intended path of return free of debt.
Money SPENT should be the actual money freely being returned in fair exchange. But increasingly it’s clear that is neither fair nor exchanged. And this fact is the key problem.
We have a cash flow problem! Caused by the Banks and pension funds who take vast amounts of money out of the system of supply. And swap it for money with debt attached. Giving the few who hold most of our money and return it to us not freely, but with debt, interest and future earnings attached!
Thats the recipe for our disasters unfolding. Just like going bust, it happens very slowly then, all of a sudden!
That’s why it’s taken decades to get this far.
So back to your interview. Of course we can’t keep printing money. The world needs to exchange at fair value. So over production of money will jeopardise that balance to a point when trust is lost.
So to contemplate FIAT money or having no parameters is just plain naive at one end and idiotic at the other.
And of course we have to pay for collective needs. And that is taxation. Tax is not and never was intended to be as balance for inflation!
Inflation is in the main caused by rising costs! Which have to be constantly adjusted as our money supply is held in larger increasing amounts over ever increasing time. It’s got sod all to do with the money supply but exactly to do with money supplied increasingly with more debt attached!
As our money supply comes with ever greater debt interest attached that extra cost has to be found from earnings and business and there it is, the cost that causes inflation to rise to cover it.
Now if course there can be other contributing factors but in the main it’s rises of costs cause inflation from a need to constantly cover those increases. And that is exacerbated by money passing with debt and not in free and fair exchange.
Look. U have the s as newer. It’s counterintuitive but it will instantly work.
First calculate the true figure of money needed in finite total. Thus can be constantly adjusted as facts change.
Then swap all existing digital and cash money with a new currency of smart digital bank cards.
Then put a ‘spend by date’ on that money. Make it be SPENT freely in fair exchange with us in our economy by a monthly date, and give us the free and fair exchange of money and a constant supply of free money rotating.
Be rich from the assets bought in spending and wealthy from holding those assets and hours etc. not from money itself. That should not be stopped or unspent or unused or idle. That’s hoarding.
We don’t need banks. We just need them to facilitate movement not hinder it!
We need one great pension not many pensions. We need wages to increase well above benefits. To show work really pays!
We need much higher wages to enjoy life. And we need our government to be properly funded. Not hindered by underfunding or cuts!
We can’t afford potholes! Not because we need less spending! But we need to increase the flow of cash through our economy to afford the costs!
We’re not spending more than we afford. We’re not spending enough because the tax take is too low! It’s not too low from not enough taxation, it’s too little because of insufficient cash flowing freely through our economy in fair and free exchange! We’re need to increase money supply and Spending to increase the tax take! With less taxation!!
Look, if there is .£19 trillion pounds out there in the aether and it was spent just once in Ind whole year. One single rotation of all money. We should expect £3.8 trillion pounds in vat alone!
That’s nearly four times our present measly £1.1 trillion pounds from all SPENDING and taxation now from all taxes!
Do if we can and should get £3.8 trillion just from Vat alone why are we not getting it? Because of the above.
You mention elusion taxes. The worst culprit is income tax and Nic. These taxes are not paid by employees!
They are paid by employers! Employees may be liable and they may get Bernie Madoff style statement. But taxes are paid by the employer from revenue received from the SPENDING of MONEY from customers and consumers. That’s from us, EVERYBODY!
Yes the emphasis has to be on SPENDING MONEY not hoarding money as above.
It’s counterintuitive but it works. We will
All get well paid . Even pensioners can have a great state pension more than one that’s not even a minimum wage.
And ironically, the rich will be richer. From assets bought with all that new tsunami of spending! Not from holding onto our much needed money and its supply.