Healthy Circulation (money, not blood)
Healthy Circulation (money, not blood)
Post #609
This post is not about the “clot shots” (mRNA shots which increase your risk of blood clots), it is about the healthy circulation of hard currency inside of an economy. Money is supposed to change hands, otherwise it “doesn’t work” — i.e., it does not function as a medium of exchange if it never changes hands.
After the economy had fully adjusted to the effect of credit cards which were introduced in the 1950’s, a dollar changes hands 7 times a year in a healthy economy:
The upward slope at left shows the US economy adapting to new credit instruments such as credit cards. The plateau in the middle at “7” indicates that, when modern economies are functioning properly, a dollar changes hands 7 times a year.
Broke(n) after 1989
After 1989 or so, the USA exited the healthy region for modern economies (those economies with modern credit instruments). At the time, there was pressure from millions of people who were formerly part of the Soviet Union entering the world labor market for the first time ever.
Instead of responding to this pressure by increasing economic freedom, so that the USA could compete even against cheap foreign labor, the US government took an even more active role and intervened in markets, such as in the housing market.
But look at how disastrous this “interventionist” public policy has been since 2020 — money no longer changes hands even twice a year. That’s what a dead economy looks like, though there will be no tombstone engraved with the letters, R.I.P.
Instead of admitting that they killed the US economy, government officials will pretend that it is still alive, like in the 1989 comedy movie, Weekend at Bernie’s. But regular Americans are the ones to suffer the most, having less and less opportunity for a bright future.
Bring Back Bright Futures (BBBF) campaign
What is needed is a campaign to bring back bright futures, like essentially all previous generations of Americans had, for more than 200 years. Because globalist elites write down their “ambitious goals” — such as a world where no one owns a car — those who love human freedom and dignity can also write down ambitious goals for the future:
a 4,000-page hard cap on allowable pages of federal law (like our first 150 yrs)
‘four-year average’ cap on yearly federal spending of 3.6% of GDP (like 1922-1931)
the 1946 ‘Employment Act’ gets repealed (no more dual mandate for The Fed)
Gold Standard comes back
Fair Tax (national sales tax) implemented as the only allowable federal tax scheme
Positive Track Record: 150 years of less than 4,000 pages of Federal Law:
Positive Track Record: Federal Spending of less than 3.6% of GDP:
Negative Track Record: Federal Government declaring itself to be a “job creator”:
Single-digit (<10%) National Sales Tax to cover spending of 3.6% of GDP:
Reference
[hard currency money velocity] — Federal Reserve Bank of St. Louis, Velocity of M1 Money Stock [M1V], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/M1V
[the size of the body of all federal law (Code of Federal Regulations)] — Federal Register. https://www.federalregister.gov/uploads/2019/04/stats2018Fedreg.pdf
[federal spending] — U.S. Office of Management and Budget, Federal Net Outlays [FYONET], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/FYONET
[Gross National Product] — National Bureau of Economic Research, Gross National Product in Current Prices for United States [A08165USA144NNBR], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/A08165USA144NNBR
[federal government arrogantly declaring itself, rather than private enterprises, as being responsible for job creation] — https://www.govinfo.gov/content/pkg/COMPS-1530/pdf/COMPS-1530.pdf
[a thumbnail sketch of the Fair Tax; though at rates higher than constitutional] — https://www.finance.senate.gov/imo/media/doc/FairTaxThumbnailSketch.pdf