TAX THE RICH AND GIVE IT TO THE POOR. THE RICH WILL GET IT BACK WITH A PROFIT. MONEY RETURNS TO THOSE WHO OWN OR CONTROL THE MEANS OF PRODUCTION AND DISTRIBUTION. WHILE THE ‘JUNGLES BUNNIES’ IN WASHINGTON WHINE ABOUT THE DEFICIT, CHINA JUST KEEPS ON BUYING UP THE WORLD WITH PAPER.
HARVARD ECONOMICS 101 SHOULD BE REPLACED WITH NATURE’S BASIC LAW OF ECONOMICS.
What is Nature’s Basic Law of Economics? There are only two kinds of resources–people resources
and natural resources. All goods and services are produced when people resources work with natural resources. As long as these two resources are available, there is no reason for not producing the goods and services needed and wanted by the people.
Money should be used to facilitate the exchange of people’s productivity. If there is a shortage of money, the
Government has the responsibility to supply the money necessary for the exchange of the people’s productivity.
Money is the medium of exchange, not the commodity.
There is no excuse for a depression or a recession unless some natural disaster renders the combination of people resources and natural resources unworkable. Full employment is always possible. Only a dumb ‘Mindset’
can prevent it.