Economist Scott Baker gave an excellent presentation recently on highly practical, beneficial economic/financial alternatives for people living in the United States. With hopes of reinforcing efforts around the world for promotion of new and implementable ideas that offer citizens real options for improving living conditions, a video of his presentation is being shared here.
While his talk is directed to Americans the ideas presented are ones that apply in any nation. The four foundational concepts Mr. Baker builds upon and explains in the talk he calls “Super-macro economic solutions”, each when implemented capable of saving governments – the people – trillions of dollars:
- Sovereign money, aka debt-free money
- Land value taxation, aka Georgism
- Public Banking
- Ending government financial asset hoarding