Chances are, most of what you’ve learned about taxes and the economy is wrong. In fact, the key principles at work in our economic system are very different from what we’re taught.
If you find you’re one of those who’s been misled, it’s not your fault. A system such as ours – where eight individuals control as much wealthas half of all humanity – can only be maintained with force and deception. As the industrialist Henry Ford is said to have opined, “It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.”
It’s commonly believed that:
• Today’s money has intrinsic value. (It doesn’t.)
• Taxes fund government spending. (They don’t.)
• Automation inevitably threatens jobs. (It doesn’t have to.)
• Federal budget deficits must saddle future generations with debt. (Not so.)
In fact, to fund needed social programs – like free national healthcare, free education, jobs for all, a reduced work week with no reduction in pay, cleaning up the environment, rebuilding infrastructure, converting the economy from fossil fuels to renewables, and more – the federal government could simply print more money. Wait a minute, you say, it can’t be as simple as that! But read on. The enormity of the deception promoted by those at the top is that funding human needs really is that simple.
One of the biggest misdirections of all time is expressed in the well-known aphorism: “Money doesn’t grow on trees.” While it’s true that wealth doesn’t grow on trees, money and wealth are not the same thing. Money itself is available in whatever quantity society needs.
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