Directory of Essays About Money,
Taxes, and Corporations
This document was most recently revised on Tuesday, May
8, 2012.
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| | Most of the problems in the economy would be
solved if the economy was based on a gold standard. |
|
| | I've long believed that interest-bearing transactions
ruin an economy. However, the economists have enshrined interest-bearing
transactions as being almost sacred. |
|
| | I spent many years trying to discover a remedy
for the misbehavior of corporations. One time I even invoked the
Nuclear Regulatory Commission against the General Electric Company.
That created a lot of job security for everybody except me. Eventually,
I learned the answer to the problem. In principle, it's very simple.
Here it is. |
|
| | When I was a child, my father taught me the definition
of money. During seventeen years of formal education, including a
b.s. in nuclear engineering, I never encountered that information again.
Now, I've discovered that Alan Greenspan agrees with me, or at least he
did in the past. You can read his comments on the subject in his
article Gold
and Economic Freedom. |
|
| | In general, you can't get more value out of a
transaction than you put into it. |
|
| | In this amusing essay I proposed a fundamental
rationale that explains everything, almost, maybe. |
|
| | When you consider that all funds are taxed at
least once per transaction, it's amazing that anybody has any funds at
all. |
|
| | I call it Shadow Taxation. That means that
the tax doesn't stand alone and isn't even called a tax. It falls
upon people as a result of something else that's enacted (so we're told)
for a completely different reason. However, the prominent results
are control and revenue. |
|
| | Don't be surprised if you wake up one morning
to discover that the value of your entire investment portfolio has fallen,
overnight, to zero. |
|
| | I intended, when I began this essay, to prove
that fractional reserve banking increases the amount of cash in circulation.
Early in the essay, I proved the opposite. I also discovered that
fractional reserve banking doesn't really exist and would necessarily destroy
itself if it did exist. Beyond that, I found the existing system
to be a sinister deception. Inflation is only one of its evils.
The thing I least expected to discover but which ought to have been the
most obvious from the very beginning is that none of it would be possible
without the willing cooperation of the people. |
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