End the Fed Simple.....end it....Currency supply cannot grow or shrink....Gold is not necessary....just a law....cannot grow or shrink.... End the IRS Simple....Commence 15% Consumption Tax only....10% to the state....5% to the Fed...however all expenditures both state and fed by state mandate....ends the lobbyist system by default.... End the SEC Simple....The SEC/Corp. world has become incestual....no longer works as planned.... Commence BATS only securities transfer model....first come first served....one second minimum....all public securities have to transfer on this means....very low cost....maybe 20 cents per 100 units....This eliminates all other exchanges....now THE EXCHANGE can easily be regulated by the new basic electronic regulators....not possible to game.... Extend Retirement Age by 10 years.... Cancel the rest....Will just be a govt. expense until it finishes....Each shall be on their own....Pay out what exists....no new commitments.... Install a govt. medical option....not mandatory....has to use generics....and assists in training....not the top of the heap....but anyone should have some form of medical....computerize medical.... New business and growth.... The govts. roll will be to offer basic regulation....but will steer away from socialism....Most power will be given to the states....The fed will just be an assembler of the states intentions....all govt. is based on the internet.....no more paid advertising in govt... The above changes means that business will take care of itself.... The govts. role would be to keep all legal costs at a minimum to prices of all products.... Education....Internet based...available to the willing....
We are a reserve currency how do we supply the world with the Dollars they need to function? Currency is a tool. Its like saying, no new immigration only allow people when an american dies. How the heck does the country grow? What happens if say. GE begins to stockpile dollars?, we add no new currency? Then we enter a deflationary collapse as people hoard cash. What is the alternative to the FED? How do you maintain a stable supply of currency and especially when we are the current reserve for the world.
................................ In order for value to occur....there has to be scarcity.... Gold is nothing more than a measure of scarcity.... Scarcity has a universal price.... Gold is universal in value.... But what does gold do ? What does a dollar do ? ............................................. A law for dollar scarcity would be a form of scarcity.... A form of what gold does....
Most emphasis in the field of economics seems to be looking at what is wrong in stead of telling how to fix it. I guess that is why this topic doesnt gains much response and that's logical. The one thing you can see, dissect and study... The other part is far more abstract. How does one create? Anyway, I caught the next video, hope you like it. http://www.youtube.com/watch?v=ZNbhRPuobjU&feature=player_embedded