Mitchell’s laws: Reduced money growth never stimulates economic growth. To survive long term, a monetarily non-sovereign government must have a positive balance of payments. Austerity = poverty and leads to civil disorder. Those, who do not understand the differences between Monetary Sovereignty and monetary non-sovereignty, do not understand economics.
Presumably, people favor candidates whose views on the issues parallel their own. Which of the following is the single most important issue for you?
Pro or con?
Aid to other nations
Aid to the poor
Cutting the federal budget
Preventing global warming
Protecting the ecology
Reducing Social Security benefits
Religion in government
Universal health care insurance
Speaking of issues and the candidates associated with those issues, what does this graph tell you about the issues and the voters?
Rodger Malcolm Mitchell
No nation can tax itself into prosperity, nor grow without money growth. Monetary Sovereignty: Cutting federal deficits to grow the economy is like applying leeches to cure anemia. Two key equations in economics:
Federal Deficits – Net Imports = Net Private Savings
Gross Domestic Product = Federal Spending + Private Investment and Consumption + Net exports