EIGHT SIMPLE IDEAS EXPLAINING
PROSPERITY NOW
1. Prosperity
Prosperity is when everyone makes a living and no one earns not enough. When you have enough you don't have to define it. Otherwise, you have to say—it's more than enough to get by, it's guaranteed by a reliable system of production that has always put food on the table, and all signs presently point to nothing but future success.2. Production
Production is the foundation of both real and financial economic power. Anyone can create money. But only production can make it real—not worthless counterfeit.3. Income
Income is real money backed by deliverable products. It is the beginning of a financial model that uses income for spending, consumer purchasing, capital investment, and saving as cash in the bank.4. Spending
Spending makes the world go around. When ordinary people don't spend, their government must spend and lend and invest. When government runs out of money, it must create new money to keep the world of production and consumption going at a speed high enough to protect ordinary people without private capital of their own.5. Saving
Saving is essential as inventory builds and people wait to purchase necessities when the price is right. An endless growth in savings will support a debt-free economy where the miserly instinct builds individual economic security on collective production success and dog-eat-dog economics is replaced by human rationality and good conduct.6. Taxes
Taxes are not meant to supply government funds. The supply of funds follows from the supply of products in abundance. Taxes are best collected as a last resort when there is otherwise too much money bidding for too small a supply of necessities. As the bidding tones down, and the consumption of necessities is fair and on a path that leads to success, taxes can disappear. They should never be levied against an individual, but always on transactions at their origin for the purpose of preventing shortages and ruinous inflation.7. Freebies
Freebies are the other side of the coin called taxes. As abundance turns to near infinite supply, the price of owning or doing anything is supposed to approach— even land on— zero.8. Explaining Ideas
Explaining Ideas in the economic realm is a nearly impossible task. The supply systems that surround us are prone to fatal error. People will build a great city only to let it decay to dust. In our present effort above to explain how to end unemployment, foreclosure, poverty and war, we remain a long way from doing the whole job.
Government Income, Spending and Saving
Consumer Income, Spending and Saving
Business Income, Spending and Saving
Reaching Agreement by Experts
Simplification without Over-Simplification
CB Overdraft protection for government spending
Inflation Protected Savings to prevent price inflation
KISS
Fully funded automation and employment of persons