Thursday, February 21, 2019

We must Understand our Economy Better

The first step in doing this, it seems to me, is finding out what is going on there. Who has the money. and what are they doing with it?

This would involve a more elaborate census. Where the census-takers would record the value of all property, whether it belongs to individuals or organizations. And the income of the same.

Al Capone, let me remind you, was caught not paying his income tax. And every company, large and small. works hard at paying the minimum of taxes.

This is all about money - where is it, and how is it moving around? We should be able to say where it is, who owns it, and what they are doing with it.

This not being done now. Most money operates in the dark, with few knowing anything about it. And these few, the rich and the powerful, want to keep it that way.

We have to define more carefully, just what money is. This would give us a better feel for what is going on, and how to control our world.

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