A foolproof formula for a successful system of money in the United States
Guaranteed to feed, clothe and shelter any number of people This formula was generated as a result of the work which went into this study and this plan. Any money system that is built on these national attributes would probably be successful.
It would probably make no difference what type of political system or system of government was used. Mix equal quantities of these attributes: - Good land that can produce wealth by agriculture, fishing, hunting, forestry and mining.
- A Good National Constitution.
- A good legal system.
- A good national infrastructure.
- Human creativity and industry.
- Hard working, honest people in and out of the government.
- A good educational system.
- Paper Money that is established as legal money by law.
- An honest and fair banking system that is ready to lend money at reasonable rates, unencumbered by outrageous fees.
- A Government wherein spending on worthwhile infrastructure is not expensed immediately: such infrastructure is considered an asset and depreciated over a scheduled time period. In other words, the government uses double-entry bookkeeping that keeps track of assets and liabilities as well as income and expense.
Did we forget anything?
Remember -- silence is agreement ------------------ end --------------------- |