Send a Tweet
Most Popular Choices
Share on Facebook Share on Twitter Share on LinkedIn Share on Reddit Tell A Friend Printer Friendly Page Save As Favorite View Favorites
OpEdNews Op Eds

Six postulates designed to lead to a wealthy nation.

By       Message Martin Carbone       (Page 1 of 1 pages)     Permalink    (# of views)   1 comment

Related Topic(s): ; ; ; ; ; , Add Tags
Add to My Group(s)

View Ratings | Rate It

opednews.com

Author 24749
Become a Fan
  (1 fan)
- Advertisement -

Six postulates designed to lead to a wealthy nation.

  1. There never is a shortage of money -- only the national will to create it.
  2. There is an inexhaustible demand in every country for wealth of all kinds.
  3. A worthwhile project is herewith defined as one which generates more wealth than the monetary cost of the project.
  4. A sovereign nation can create any amount of temporary money through loans.
  5. Once those loans are paid back, the money is extinguished -- but the generated wealth remains.
  6. That wealth naturally creates more wealth (subtract depreciation) every year.


Glossary
--

  1. Wealth -- those things that are valued by the people of the country.
  2. Project -- a human effort which produces products and services. Examples of products
    and services are machinery, tools, homes, factories, food, clothing and recreational facilities
    and devices.
  3. Money -- legal tender or currency.
  4. Temporary loan money -- that money which is (a) created by the government or banks in (b) the form of a (c) well collateralized loan, under (d) a legal contract and a (e) downside leverage banking system, wherein the loan money is extinguished when it is paid back.
  5. Downside leverage banking system -- a banking system in which the lending bank has a downside leverage of 10 to 1 -- wherein, for every dollar lost through a bad loan, the lending bank must reduce its outstanding loans by $10.
Is that simple enough for you? Martin R. Carbone

 

- Advertisement -

View Ratings | Rate It

opednews.com

Retired engineer, product and business developer, inventor (six patents). Currently (a) trying to completely understand our money and banking systems and (b) planning to pass that information to the American public. Photo is ca. (more...)
 

Martin Carbone Social Media Pages: Facebook page url on login Profile not filled in       Twitter page url on login Profile not filled in       Linkedin page url on login Profile not filled in       Instagram page url on login Profile not filled in

Go To Commenting
The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.
Writers Guidelines
Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
Support OpEdNews

OpEdNews depends upon can't survive without your help.

If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.

STAY IN THE KNOW
If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.
Daily Weekly     OpEdNews Newsletter
Name
Email
   (Opens new browser window)
 

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

Is cholesterol dangerous?

How to stymie corporate political lobbying and advertising

Solve our Home Mortgage, Money and Banking Problems through Community Banking Plan

How did Paper Money come to be?

I am Changing my mind on Fractional Reserve Banking

Questions About Money for the American Public