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Old 11-17-2012, 06:35 AM  
HushMoney
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Originally Posted by sperbonzo View Post




Wealth is not in the form of cash sitting in banks, wealth is value created by new services and products privately produced. Banks can take wealth away in the form of fiat currency, but only with the consent and massive help of the governments. If what you wanted to happen, happened, and cash flooded the streets, then bread would be 1,000 euros and it would be the Wymar Republic all over again.... then welcome to either total collapse or dictatorship, or both....


If people want jobs back, they should be demanding that the governments open up markets, lower taxes, fees and vastly reduce regulations on business and labor, and let people go back to creating wealth in order to better their own lives, in whatever way works for them.



However, I predict that this will not happen, of course. You have several generations of people convinced that government creates wealth and that government creates jobs, and provides for the general welfare, and that private companies are only out for self profit.... as if profit was a bad thing. They never seem to realize that a company only profits by providing goods and services that people want, need, and are willing to pay for. BOTH sides profit from this.


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That's only part of the equation. Central banks, like our federal reserve system suck trillions out of workers hands in the form of taxes to keep paying down interest on money that should belong to the people (thru the gov't). Could you imagine the boon to the economy if we didn't have personal income tax (which we only have in order to pay down the immediate debt of every dollar created by the fed)? Trillions would immediately flow right out to the economy by way of personal spending.
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