Thursday, 13 June 2013

The Economic Catch 22




A Stimulating Economy

I have given great thought and made lengthy observations of Mankind’s economic crisis. Possible resolutions, which can ultimately revive the dying process of commerce within and without nations and countries are being ignored; fore there are those among humans who care little for their fellow human.
Theirs is the nature of “greed” and they don't care what another person has to endure, as long as their wallets remain fat and their coffers full. How can Mankind ever expect to stimulate any nation's economy, when those who need financing the most are ignored, while the few who require financial aid the least are rewarded for bringing the world’s economies to such a pass. They prove their ignorance and stupidity with every action and request. They already have more than can be exhausted in many lifetimes, but beg for more at the expense of the entire world’s future.

Their actions and request bear no resemblance to economic stimulus, but a search for greater rewards for a job poorly done. They were granted the commerce of nations, both internally and externally; what have they done with their abilities to maintain this thriving and prosperous enterprise? They have flushed world commerce down the toilet.

The Great Depression of the 1920’s returns to share its grievances with the entire world. The global economy spirals downwards and the wealthiest humans among the populace seek to rewards themselves for not helping where their aid is needed most. Worst of all, those already with one foot at the edge of the grave seek to increase what they cannot take with them, before they shuffle off their mortal coils.

What has escaped these wealthy, powerful and greedy people is the simplest of economic factors; ignored by seemingly uneducated intellectuals, economic gurus who have little clues to the concepts and ideals of economic inception and rebirth. One must look first to the origins of commerce to recreate from the present that, which is needed most to stimulate any economy. One must spread the wealth of nations with the peoples of those nations, that they would be able to drive the vehicle that is commerce forward into the future.

The vehicle has stalled and those who drive now are reluctant to get out and push, while those who have been pushing no longer have the strength to push, because their bellies are empty and they are losing their homes. They have lost their incomes and worry about their personal futures, before they worry about the futures of any community, city, state, province, country or nation. If they cannot earn what is needed to sustain their personal households, their personal economy, so to speak, there is no world economy.

What the world’s economic experts fail to envision ands realize is simple; the world’s economy begins and ends in the average home. Here is where one needs to stimulate any economy. It is within the average household that the world’s economy must first look to realize the pitfalls which have returned to plague the world economy.

Greed is the first devil found herein; fore the world’s economy cannot function properly while greed is an attribute of commerce. Observe closely the flawed conceptions of capitalism; the ideals and ideas that profits are never ending. If all the money in the world is held in vaults, what is there for the average person to spend on those things which make others wealthy? This becomes further fruitless, when one observes, large companies firing and laying off employees in the false perception of creating greater profits.

If the common people have no finances to purchase that, which they need and require to survive each day, how will the companies they once worked for, prosper? It is a simple “Catch 22” scenario. Companies need people to buy their wares, but refuse to give people the finances to buy their wares. How will any company ever thrive thus? Auto manufacturers want people to buy their cars, but unemployment is on the increase, but instead of making cars that are affordable, they increase the price to increase their profits.

The simplest example of Economic Stimulus is as follows: A bread manufacturer makes thousands of loaves of bread, but cannot sell them to people who cannot afford to buy bread. So they lay off bakers to maintain profits. There are now more people who cannot buy bread. This is not the means by which one stimulates any economy. One must begin where economy begins.

If one wishes to bailout an economy, put the money into hands, which will stimulate any and all economies; put it into the hands of the average person. While the wealthiest complain, their ignorance is wholly visible; fore they realize not that average people are the consumers of all things, services and all products. If they don't have the money to buy what they need and want, no one will survive economically.

There is enough money in the world’s treasuries to give every man, woman and child on this planet $100,000,000 and still have a surplus in trillions. It is said there is not enough money to go around. What a canard; fore the wealth of nations belongs not to nations, but to the people who make up these nations. Imagine the stimulus to any economy, anywhere in the world if average people didn’t have to pay taxes for twenty years or they were given a cheque for $1 million dollars.

Here’s the simple “TRUTH.” When you give people money, two things happen depending on who you give money to;
1. If you give money to average and poor people, they race out and spend it, sometimes frivolously.
2. If you give money to wealthy people, they race to the bank to save it.





Which of these two scenarios would induce the breath of life into any economy? Any economic crisis can be traced back to the root of the first and most grievous of evils; GREED. The rich wish to maintain their wealth, but are unwilling to part with it to perpetuate the economies on which their wealth is derived. “Catch 22.”

© copyright R Anthony H. Rock

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