Another Great Depression. How can one stop it?
SOME 500 years ago China developed a Barter of Exchange whereas they printed on paper the difference between the values placed on the shoe maker product when trading shoes to the candlestick maker. The paper was given to the shoe maker representing the negative value in such exchanged. It was considered for equaling the "barter of exchange" when the shoe maker dealt with the tailor for clothing he could use the paper note to purchase candle sticks from the candle stick maker in further trading, thus the balance of exchange was complete.
In the beginning, by the fourth grade level, following Rome we put in escrow Gold to insure the balance of payments as our only production was from the sale of the lands and gold we stole from the natives, not withstanding the minerals above and below the surface of their lands.
We have expanded this as we have continued issue the paper after removing the backing of first gold them silver leaving only the land as security for the issuing of untold and uncounted numbers of the papers "barter of exchange" as used by China centuries ago.
We are faulted further as the dollar is depreciated further by inflation and the foreign investors, converting the foreign barter of exchange to the dollar in order to convert the unstable dollar to the ownership of our lands. The Golden Parachutes in the million of dollars, CEO's are investing in Mansions on offshore islands and their banking practices are done though such off shore banks cannot be investigated, as they convert the failing dollars in other currency...
In the Great Depression Roosevelt insured the banks, establish a practice where a substantial down payment was required on credit purchases, took the paper bills off of the gold backing, froze all wages and perks. Limited civilian production, established the CCC and WPA, rationed civilian products and controlled the economy.
We are in the progress to encourage the population to go further into debt in order the stand off another Great Depression that is bring much of the world down with it. There are many intelligent persons throughout the world that believe we have already defaulted. What do you think is the solution? Encourage further debits in the Barter of Exchange" by wildly continue to run the presses at full speed saturating the world with unsecured paper notes?
Just deserts occur based on how well we have kept, or how badly we have departed from the just standard. It is perfectly reasonable for a working people and society to schedule all debts with the measure and bar that we labor six years, and every seventh year is the LORD's release. There is a time to open the hand wide to the poor, and set them at their liberty and pleasure: if that is delayed or withheld, it will be made up for, the land will have its rest, despite the will of men.