Equal To Greater Than And Less Than Formula In Excel Imagine a Private Sector, Free Market Economy That Guarantees Enough Predictable Income,,,

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Imagine a Private Sector, Free Market Economy That Guarantees Enough Predictable Income,,,

Imagine, if you can, a private-sector-oriented, free-market economy that is systematically designed to guarantee that every American citizen, regardless of race, ethnicity, gender, or sexual orientation, has enough to pay for decent food, shelter, clothing Estimated income. , education, basic transportation, and yes, healthcare. In other words, imagine, if you can, a free-market economic system that is specifically designed to produce…

• No homeless

• No people living in slums or slums infested with cockroaches and rats

• No single mother should have to choose between raising her children and feeding them

• No wage slaves working on corporate plantations for exploitative corporate dictators

• There are no elderly people eating dog food to pay for their medicine

• Anxiety and stress do not systematically arise due to financial instability

• Any armed police trying to control angry mobs

• No cyclical recessions or depressions, bankruptcies or home foreclosures

• Alcohol, drugs and mental illness do not necessarily lead to inhumane living

• No debt is created by consumer credit or government credit

• People who are truly free to fulfill their personal potential, whatever they may be

• And in the long run, social safety nets (like Social Security, Medicare, and Medicaid) won’t be needed because everyone has enough predictable income to pay their bills!

Although this list sounds almost impossible, consider these facts. On average, the US economy grows at a rate of $4 trillion annually. That translates to about $12,000 for every man, woman and child in America. But generally speaking, the beneficiaries of this annual growth are currently limited to those who can buy the stocks, bonds, real estate, and technological advances that account for this growth.

90% chance of missing

More specifically we are talking about the less than 10% of Americans who have the means to take advantage of this relatively predictable increase, and the 90% who do not have the opportunity to participate. Thus, we now have a 21st century wealth gap that is wider and more toxic than at any time since the stock market crash of 1929 and the subsequent Great Depression.

To make matters worse, this was the case long before the current pandemic-oriented economic crisis reared its ugly head. In response to millions of workers losing their incomes and health care due to the virus, the federal government has increased unemployment benefits for several months, and issued so-called “stimulus checks ($1,200)” to millions of people in an attempt to artificially jump-start them. demand and prevent the ship of state from sinking into oblivion.

An unwelcome but necessary step

Taking these unpleasant but necessary steps has significantly increased the government’s already huge debt load, meaning this is a long-term solution, not a short-term one. The hope, of course, is to artificially revive demand, which in turn should recreate jobs and get us people back to work and get us all back to where we were before the virus hit.

The problem is, even before the virus hit, we humans weren’t in a very good place. Before the virus hit, more than half of all Americans were living paycheck to paycheck, unable to afford a $500 bump in the road without borrowing money to pay for it. Things are dramatically worse than they were several months before the virus. But where we were is still not where we want the people to go. So, what can we do?

A $4 Trillion Dollar Idea That Creates No Debt!

In that light let us remember that on average, the US economy grows at a rate of $4 trillion annually. Once again, that translates to $12,000 annually for every man, woman and child in America. But the beneficiaries of this annual growth are stocks, bonds, real estate and those with the ability to buy new technology. It usually doesn’t include us humans.

The question I want to raise here is, how can we ensure that the average American citizen has systematic access to the ownership side of the economy, where most wealth is generated? How can the average Joe gain access to that projected $4 trillion in growth to generate a second stream of investment income, eliminating the fear and volatility that so many Americans face in today’s incredibly unbalanced economy?

Paying “We the People” to pull together…

Consider this. What if the Federal Reserve issued $12,000 in insured capital credits annually to each American citizen through local banks, and these funds could be used to purchase shares of new and transferred capital assets that were predicted to generate substantial profits in the future. Pay for the purchase of these assets and create a predictable, steady, residual income for its owners?

This strategy, known as capital homesteading, costs American taxpayers nothing. It creates no government debt! And no consumer debt! And, instead of government debt-backed currency, purchases will be backed (collateralized) by real, productive, private-sector assets.

And it won’t be inflation. All money created will immediately be backed (collateralized) by the full value of private sector assets that citizens will receive insured loans to purchase. Citizens are actually buying newly issued, fully dividend paying, voting shares of companies that need new capital assets to grow.

What it does do, however, is give every American citizen equal access to the ownership side of the American economy, where most of our nation’s wealth is generated. In the long run it will help democratize the free market.

In this hour of political division and conflict, Capital Homesteading really pays to pull all Americans together, in the same direction, toward the same goal! It just translates political talk (like… we’re all in this together) into real direct, results driven action!

It resists systematically concentrated wealth!

Over time, every American citizen will have more equity, more residual income, and benefits from their investment income that only the wealthy can afford. As a result, the need for federally supported social safety net programs (such as Social Security, Medicare, Medicaid, food stamps) will gradually fade into the sunset. More people will be able to pay taxes, thereby reducing the burden on those of us who still pay taxes. It systematically opposes and disrupts concentrated wealth, gradually democratizing America’s free-market economy!

Today’s crisis will not be a crisis

If Barack Obama, George W. Bush, or Bill Clinton had implemented capital homesteading during their respective administrations, today’s COVOD 19/unemployment crisis would not have occurred. We people can stay home and still have enough income during less severe hurricane seasons. Trump has had that opportunity for 3 years now, but he has shown no interest in making America great again. who b? And you?

Capital Homesteading in detail

I admit, this commentary is a generalized picture in dire need of more detail. So, for a complete and detailed explanation of how this strategy can be implemented, visit CESJ.ORG and Dr. Check out Norman Kurland’s concept of the Capital Homesteading Act. It’s a modest idea that’s long overdue. And this is a very good thing that can actually come to fruition as a result of this terrible COVID 19 crisis.

Appendix…

UBI vs Capital Homesteading Comparison

Stimulus checks are effectively a short-term form of universal basic income (UBI), an idea advocated by, among others, former presidential hopeful and serial entrepreneur Andrew Yang, as well as Facebook’s Mark Zuckerberg and Tesla’s Elon Musk. Although the suggested annual amount issued ($12,000 annually) is similar to capital homesteading, that’s where the similarities end. Check out the differences.

1. It issues insured capital loan loans that are repaid through pre-tax future earnings, and can only be used to purchase wealth-producing capital assets, capital homesteading creates no government debt and no consumer debt! UBI and stimulus checks create government debt that will eventually be paid back by us the people (the 1% who don’t care about tax evasion) in the form of higher taxes.

2. Capital homesteading systematically creates the opportunity for universal capital ownership and provides access to the means of acquiring capital assets. UBI does not.

3. Capital homesteading systematically finances the predictable and sustainable growth of the economy. UBI does not.

4. Capital homesteading systematically enables individual citizens to become economically empowered and emancipated through capital ownership. UBI does not.

5. Capital homesteading systematically enables citizens to become financially independent from the government. UBI does not.

6. Capital homesteading systematically broadens citizen ownership of income-producing capital, generating greater purchasing power. UBI does not.

7. Capital homesteading systematically creates new owners of advanced technologies and green growth assets UBI does not.

8. Capital homesteading systematically creates an increased tax base to pay the costs of government, thereby eliminating deficit spending and ultimately paying off the current large government debt. UBI does not.

9. UBI/stimulus checks are simple and instant. That is their strength.

10. Capital homesteading requires some time (usually several years) to accumulate benefits. So UBI should start immediately and be phased out over time in favor of capital homesteading.

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