Pro Business Vs. Free Market

Grandmothers all across the country are busy promoting their own poverty

Grandmothers all across the country are busy promoting their own poverty.

 

 

 

 

 

 

In a free market system, Grandma works all her life and saves $100,000 for retirement. She earns 5% per year in interest or $5000.00 per year in terms of dollars. Eventually Grandma dies and leaves $1,000 to charity and $33,000 to each of her children.

In a pro business system (fascist) banks and other corporations do not need to borrow from Americans who have earned and saved money. Instead, the Federal Reserve creates an endless amount of free money to lone to businesses for less than the rate of inflation. So, Grandma receives $500 per year on her savings instead of $5000.00.

Corporations lobby Congress and get bills passed to force Grandma to pay extra for gasoline because of the ethanol requirement. Free money to businesses allows them to maintain high profit margins and that costs Grannie also.

In a fascist system, government is not merely used to cheat ordinary Americans. In this system money goes to the top just like cream. When the public is completely squeezed out by using government, businesses start cheating one another. When that source dries up a war is often started to temporarily stimulate demand. Anyone who thinks the industrialists in Germany had no influence over Hitler, has not studied history. The industrialists were just as culpable as the bad man himself. Most German corporations survived WWII as did Japanese corporations.

Oddly, Americans don’t mind being cheated. This is fine except, the entire country is being destroyed along with the wellbeing of grandparents, children and grandchildren.

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About Fantasy Free Economics

James Quillian independent scholar,free market economist,and teacher of natural law. Who is James Quillian? Certainly I am nobody special, Just a tireless academic and deep thinker. Besides that, I have broken the code with respect to economics and political science. Credentials? Nothing you would be impressed with. I am not a household name. It is hard to become famous writing that virtually no one in the country is genuinely not in touch with reality. But, if I did not do that, there would be no point in my broking the broken the code. If you read the blog, it is easy to see that there are just a few charts, no math and no quantitative analysis. That is not by accident. Given what I know, those items are completely useless. I do turn out to be highly adept at applying natural law. Natural law has predominance over any principles the social science comes up. By virtue of understanding natural law, I can debunk, in just a few sentences , any theory that calls for intervention by a government. My taking the time to understand the ins and outs of Keynes General Theory is about like expecting a chemistry student to completely grasp all that the alchemists of the middle ages thought they understood in efforts to turn base metals into goal. Keynesian theory clearly calls for complete objectivity. Government can only make political decisions. Keynesian techniques call for economic decisions. So, why go any further with that? Fantasy Free Economics is in a sense a lot like technical analysis. Technical analysis began with the premise that it was impossible to gain enough information studying fundamentals to gain a trading advantage. Study the behavior of investors instead. Unlike technical analysis, I don't use technical charts. What I understand are the incentives of different people and entities active in the economics arena. For example, there is no such thing as an incentive to serve with life in the aggregate. In the aggregate, only self interest applies. It is routinely assumed otherwise. That is highly unappealing. But, I am sorry. That is the way it is. I can accept that because I am genuinely in touch with reality. Step one in using Fantasy Free Economics is for me to understand just how little I really know. A highly credentialed economist may know 100 times what I do based on the standard dogma. Compare the knowledge each of us has compared to all there is to know and we both look like we know nothing at all. There is always more than we don't know than what we do know. I am humble enough to present myself on that basis. Why? That is the way it is. I am not bad at math. I have taught math. What I understand is when to use it and when to rely on something else. Math is useless in natural law so I don't use it. While others look at numbers, I am busy understanding the forces in nature that makes their numbers what they are. That gives me a clear advantage.
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