HOW TO FIX THE WORLD ECONOMIES IN TEN MINUTES FLAT RESULTING IN ZERO INFLATION
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**** WORLD WIDE DAY OF JUBILEE
- On a
given day, at a time to be set, “ All: debt World Wide would be erased and
“Everyone” would start with a zero debt owed. On the same turn, the
Creditor would owe Everyone Zero as well
- All
Governments would owe Everyone Nothing and Everyone would owe the
Government Nothing as well
- Anyone
who incurs debt after that given point of erase would be “Responsible” for
their debt forward
- All
Mortgages would be erased, All Bills would be also All Credit Cards would
now have a Zero Balance
- Those
colleting Pensions, Social security, VA Benefits etc… would still be paid
but the Government would start over with a fresh new start
- All
Inflation would be gone, The Debt Clock would start over with a Zero
Balance
- Now
that you would have no bills, except for Gas, Water, Electric, Phone,
Internet, Food, Auto Gas, you would have extra money to stimulate the
Economy.
- Companies
would have Zero Balances owed
- HOWEVER: ALL
CONCERNED MUST CHANGE THEIR SPENDING HABITS TO AVOID THAT MASSIVE DEBT
PROBLEM AGAIN
Governments would now have to stop wasteful spending and
create Bills to make sure they stay in balance
Further, Every item that is paid for would be reviewed and
cut where needed
All Union Contracts for Pensions would be rewritten to be
fair for all parties
No Bankruptcies would be allowed for eight years and all who
create massive debt would not be forgiven but would be required to pay in full
with interest
New Housing development and homes purchased would start with
New interest rates and all Companies would now begin to create profits that
could be used for future production and reinvestment.
Taxes still would be owed to State, County and Federal
Governments but from a special developed formula developed by Congress to apply
the first year after the Jubilee was declared. Then there after would be based
on annual income but at a reduced rate to stimulate growth and productivity and
increase the GNP
Laws would be enacted to prevent Companies and Financial
institutions from abusing individuals through fraud and prevent abuse
All Financial Laws on the books would be revised as needed
and over regulation would be stopped where needed.
Governments, Companies, and individuals would have a fresh
start to developing a better future and would be encouraged to continue or
begin developing a saving and investment option.
******************* FOREIGN GOVERNMENTS ******************
- ALL
DEBTS WOULD BE FORGIVEN BOTH WAYS
- Each
Government would manage their own debt but would be agreed that other Governments
would not be responsible for wasteful abuse
- Trading
world wide would continue but that all future exchanges would be now
profit oriented as well as
developing new debt but from a fresh start
ZERO INFLATION
WORLD WIDE…. VALUE OF ALL WORLD CURRENCIES WOULD REGAIN THEIR
VALUES
World Wide Stock Markets and Currency would all have
increased value because of zero inflation.
DISCLAIMER: Government Payrolls would have some debt that caries over however for the most part, all major debt would be eliminated
OK NOW WHAT DO YOU THINK IS
THIS POSSIBLE? IF NOT WHY?
So it is workable
1. Everyone's debt is erased
2. Debt erased on the part of the debtor... and debtee
3. EVERYONE STARTS OVER
5. It would not be something one would ever use again but it would remove all interest, all inflation and debt clock would start back to zero.
THE WAY TO DO THIS IS AS FOLLOWS:
A time and date would have to be set by the Government and No One would know that time except one person only. This way, No one could go out and run up massive debt thinking it would be erased.
ANY NEW DEBT, that transpires after the Date and Time that it starts, would be responsible for their own debt.
FURTHER: THE DOLLAR WOULD BE VALUED HIGHER BECAUSE THERE IS NO MORE DEBT
******************************* important confirmation *****************************...
I e-mailed a Doctor of Economics at the European Common Market and told him what I thought would solve the problem.
HE CONFIRMS THAT MY PLAN WOULD INDEED WORK. The Problem is.... Finding someone with the Balls to stand up and declare it
What they already have becomes ZERO OWED
What a Credit had as income received is also Zero owed
EVERYONE STARTS OVER and inflation is wiped out.
Everything a person makes, or a Company there after is Profit, but it also means that they begin to create debt as well
BUT............................. the Debt Clock RESETS The European Common market Representative I talked to said... YES IT WILL WORK BUT...... YOU HAVE TO FIND GOVERNMENTS WILLING TO DO IT
AND THEN SET A GUIDELINE WHEN IT WILL START AND KEEP THAT TIME A SECRET UNTIL IT HAPPENS
We are simply talking about debt starting Over
People receiving Social Security would still receive that
people receiving Retirement checks would receive that.
Debts owed to Creditors and Creditors who owe to Debtees would be ZERO ON BOTH SIDES
Some things would not change but the Debt clock would start over
Governments will always have debts and so too Companies, but starting over gives them a fresh start
**************HOWEVER, THIS SOLUTION MUST ONLY BE USED ONCE ***************
There after, Governments, Companies will be responsible for all New debt and will have to learn to manage budgets Responsibilly
This IDEA has to be managed just right, but the European Common Market Representative I talked to said it would work.
ALL INFLATION WOULD BE WIPED OUT, And starting over is a good way to Erase all debt but DOES NOT EFFECT PERSONAL WEALTH, THEY STILL OWN THEIR WEALTH, but new debt begins 1 second after the Debt is all erased and starts over again.
Complicated I know but when you use a flow chart to trace all of this out..... it does work
http://webstation19.8k.com/go...
in that..... If we fix the Economy and we can in TEN MINUTES FLAT..... will we learn from our mistakes? Or will we start all over the path of destruction again?
WHAT DOES AMERICA NEED? A TOTAL AND COMPLETE REMOVAL OF BOTH LIBERAL DEMOCRATS AND LIBERAL REPUBLICANS TOO
We need to SCRAP ABUSIVE AND WASTEFUL SPENDING, SCRAP TAXPAYER FRAUD
We need more than ever in November to SCRAP OBAMA, REJECT HIS MARXISM, REJECT HIS SOCIALISM AND WARN ALL LIBERALS THAT IF THEY DARE GO DOWN THE PATH OF ECONOMIC DESTRUCTION BE HE A REPUBLICAN OR BE HE A DEMOCRAT WE WILL REMOVE HIM AT THE POLLS
This America is what WE THE PEOPLE need to do
But the Governments will have to make the start and hold " People" individually responsible for their own future debt without the option of running to Bankruptcy Court and have that option removed.
Zeroing out the National Debt will re start the Debt Clock and kill Inflation and provide strength to the Dollar that is actually now worth almost Nothing thanks to the Obama Administration and their out of Control spending and creating money they don't have
We are simply just resetting clocks and starting at Zero again... But it must Only be used Once
REMOVE THE OPTION OF BANKRUPTCY AND HOLD EVERYONE RESPONSIBLE FOR THEIR OWN DEBT THEREAFTER.
Another Point. GOVERNMENT HAS TO CHANGE HOW IT SPENDS MONEY
Because if you wipe out all Debt, There will be Zero Inflation...... the Dollar will regain strength like all other Currency world wide, and Now, Companies will begin the process of generating Profit with Zero debt except those debts they create in the process of creating products and services.
FEDERAL, STATE, COUNTY AND CITY RETIREMENT PLANS Would be re written to avoid future over payment that would cripple these governments and that would also include Unions as well
But really...... Do you get the idea of this plan? ALL INFLATION GLOBALLY RESTARTS AT ZERO
REMEMBER BACK TO THE FUTURE MOVIE? THINK OF IT THIS WAY
You have your debt, that you owe the Bank A. Bank A has money they are to receive from you but when this plan goes into effect, Both sides owe everyone NOTHING It starts over and what they have added as Asset is now PAID IN FULL
same with the Bank..... WHATEVER THEY OWE IS PAID IN FULL
Time moves around what you own but does not effect what you own.. Complicated I know but it would work
What do you personally think? I am interested in you're input honestly
On a certain Day and a Certain time without anyone at all knowing when it would start... then do it. and then announce to the world that it has been done and that now... all debt added there after would be the responsibility of that Government, Company or individual.
All money made by Companies after that would be profit but they still would be added debt like Governments because of Payroll etc.....
The Guy I talked to in the EU said it was a Very intelligent Plan that Governments could fine tune individually.
The people of Iceland are way ahead of the world.
http://ireport.cnn.com/docs/D...
And if We The People were educated about our birth trust accounts, we wouldn`t have any issues! Every stinking loan and tax we have paid was already paid for!!! All we need to do is arrest and prosecute the criminal politicians and bankers.
http://www.macquirelatory.com...
What I have listed above will work. But Both Government and Companies including individuals have to change their budget habits so that it would not happen in the future again.
It is a Quick fix to reset Global Markets but....... It must be used only when all concerned agree to change habits such as a Corrupt Government that loves to waste Tax Dollars.
Congress would have to stop wasteful spending and need to allow the people to make a decision on what things to cut.
Because what devalues currency? Inflation when you reduce debt, you increase the value of the dollar or the Euro etc..... Resetting the Debt Clock resets Everything
No major debt among the people frees them to spend money that they would have hid for emergencies and now they increase profits for Companies which live to generate profit
I talked to two Economic Professors at MIT, I sent them each an e-mail and asked them if it could work and they said yes.
1. it would wipe out all inflation
2. It would drive up the value of the Dollar
So Explain why it would not work. Really interested in your reply BY THE WAY THANKS FOR POSTING!
Actually This plan would fix all World Economies and I would suggest that all financial Laws be re written to avoid the problem we were in before.
DOING NOTHING WILL SOON RESULT IN A TOTAL COLLAPSE OF WORLD MARKETS AND BOTH BUSINESS AND PRIVATE SECTOR WILL SUFFER
SOMETHING HAS TO BE DONE AND IT IS A ONE TIME ONLY FIX AND ALLOWS US TO START COMPLETELY OVER
AND WARS US ABOUT GOING DOWN THE PATH OF DESTRUCTION EVER AGAIN
IT MAKES CITIZENS DEMAND THAT GOVERNMENT CHANGE OR WE WILL REMOVE THEM
When i explained that to the Representative at the European Common Market, He said that it would be like the world changing around what you already own as assets.
It simply would show Zero owed, and that would also be so for the Creditor who owes as well.
Now, for money in Banks, it would not effect that at all This is why this plan must Only be used once.
HERE IS THE DANGER IF NOT HANDLED RIGHT... We know that if people knew that this was going to happen, they would run out and buy everything they can right?
HOW TO SOLVE THAT PROBLEM One Person Only knows when it will start and on what Day and time.
Therefore, any debt generated after that time would be the responsibility of the one who created it.
I did a flow chart on all of this months ago and tried to work out every varible but there is no way to account for everyone.
One thing for sure...... Governments will have to stop wasting Tax dollars and running up debt as they did before, otherwise we end up in the same mess.
THANK YOU FOR YOUR RESPONSE.
ZERO ON BOTH SIDES