The Root Cause of Our Failing Economy
Tier One Lawn Care Inc.
Unemployed due to COVID-19 and Lower Spine Herniated Disk Recovery
"The economy continues to decline solely because the money and economic system are not properly understood and structured. If we had the proper systems and a correct understanding of the relationship between money and physical wealth, the economy would immediately begin to improve. Physically we are capable of improving the economy right now."
Every problem in our economy can be traced to a system that is operating contrary to the laws, principles or best practices that govern economic outcomes. The people running our country do not seem to understand Cause and Effect!
For example, government leaders think they can fix the economic crisis by cheating—by simply printing more money. They think they can add government jobs (what you and I call overhead) to make up for the loss of private-sector jobs that produce real wealth. They think the best way to get out of debt is to run up more debt at an accelerated pace. They don't seem to learn from ineffective government and economic systems in the world today, nor from our own country's tried and failed systems of the past.
You and I, however, do not have that luxury of breaking economic laws. We must pay for any personal violations; and because of our government's misguided kindness, we also get to share in the cost of others who break financial laws, including our government!
"Economists like to pretend that the economy is like the weather, sometimes good and sometimes bad. There are bad spots we just have to endure. Why? There is no physical reason. Our ability to work and produce has not changed at all. The dishonest money system causes economic instability resulting in cycles of boom and bust. The simple solution to the problems caused by the dishonest money system is an honest money system."