Market Curiosity: Exploring Markets And Systems

September 10, 2011

Direct taxes are not required for fait money. Printing is a fair and efficient flat tax, and much better than borrowing…

Filed under: Editorials — Tags: , — Jeff Fitzmyers @ 4:50 pm

If using fait money: Martin Armstrong:

In reality, TAXES are no longer necessary and eliminating them would reduce the cost of government by nearly 40%… BORROWING is not less inflationary than printing. It is far worse because the interest multiples the debt and more than 40% is EXPORTED failing to “STIMULATE” the domestic economy… This whole thing is based upon the idea of the Divine Right of Kings to decree whatever they desire and thus that is the law.

If using non-fait money: Collect sales taxes (NOT property taxes) locally based and spend locally. Efficient tax, regulation and representation systems. And responsible people eschew loaning more than an entity can comfortably manage since that would be setting up the entity to fail.

Best scenario, select a mix of competing moneys that suit your personal requirements best.

~Gold is the money of kings; silver is the money of the honorable; barter is the money of peasants; and debt is the money of slaves. ~~ Norm Franz

There are 2 ways to enslave a nation. 1 is by the sword. The other is by debt. — John Adams, 1826

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