Wednesday, August 16, 2017

Easy Way to Understand the Economy

All paper money has a serial number on it - and this would make it easy for it to be tracked.

All the government has to do, is require its banks to scan all the money that comes in, or goes out -
note which bank accounts this money is credited to or debited to - and report these transactions to an agency of the government.

This could easily be extended to plastic money - all this money comes from, or goes to - bank accounts.

Drug money is already handled this way. All drug sales are in cash - but what the drug cartels need is money in bank accounts - real money! This results in money laundering - that is supposed to be illegal. But the banks in Southern Florida (who make huge amounts of money this way) got the FDA office there - reduced to one investigator - so only the most flagrant violations get noticed.

Paper money from drug sales all over the US, is moved (in boxes) to Southern Florida. And the economy in Southern Florida is booming!

I once stood in line at a Target store (that sells nearly everything) and watched a woman pay for a huge basket of purchases - in cash! I said to myself "I know what kind of business her husband is in!"

This solution will never be accepted - because it would bring to light too many shady transactions.

These are huge transactions, by very powerful organizations - that want to remain in the dark. They do not want everyone knowing how rich they are. And how little their wealth benefits anyone else!

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