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Part 1: Personal finance and government regulations

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Steve Consilvio
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The purpose of money is to serve as barter. Trade is necessary for everyone to survive. Money allegedly makes the distribution of goods and services easier. If the distribution of goods and services is difficult or unfair, then we should see that as a symptom of a mis-regulated currency. While the political process can give everyone a chance to vent their grievances, the more difficult issue is what has caused the problems. Problems are easily observed; they present themselves. Solutions, however, require a certain amount of dilligence. Treating the symptoms will never lead to a cure for the underlying disease. That is why it is important to recognize that we do not “own” money.

At its simplest form, the economy is a distribution system. We work to produce what others consume, others work to consume what we produce. While everything originates from the Earth for free, man must add his labor to fashion the natural resources into something useful. Distribution within the economy should not be measured primarily by money or production, but in terms of labor. Because the Earth is large, certain resources are found in various places. Trade is in everyone’s best interest, but what we are trading primarily is labor, not goods. Governments exist to facilitate trade both within and outside of a country. Money was created to make the trade easier. If trade is not working well, people tend to both blame the government and look to the government for relief, but what we really need to know is how does the economy work. We cannot fix a system without properly understanding how it works.

 

The primary failures of a mis-regulated economy are war and poverty. When the labor of one nation is spent on destroying the productivity of another nation, this should be seen as a catastrophic failure of trade. Sanctions precede war because a trade war is an act of war with money as the weapons. Both sides in a conflict believe in money and war and that God favors themselves. Likewise, poverty should be seen as a failure to regulate labor within a country wisely. As we know, poverty and war have been a part of every nation’s history. Money has always been mis-regulated and misunderstood, and therefore the history of men is about the use, misuse and abuse of labor and money. History is a crime scene where everyone is a victim, not just for slaves, but for the slave-masters, too. The mis-regulation of the currency makes everyone miserable, high and low. The rich live in fear, the poor live in poverty. The same forces that make men rich also conspire to make them poor. Fortunes that can be made overnight can fade just as quickly. The cycles of boom and bust are not random events, they have an underlying mathematical formula.

 

 

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