Twitter: @rodgermitchell; Search #monetarysovereignty
Facebook: Rodger Malcolm MitchellMitchell’s laws:
- Those, who do not understand the differences between Monetary Sovereigntyand monetary non-sovereignty, do not understand economics.
- The more federal budgets are cut and taxes increased, the weaker an economy becomes.
- Liberals think the purpose of government is to protect the poor and powerless from the rich and powerful.
- Conservatives think the purpose of government is to protect the rich and powerful from the poor and powerless.
- The single most important problem in economics is the gap between rich and poor.
- Austerity is the government’s method for widening the gap between rich and poor.
- Until the 99% understand the need for federal deficits, the upper 1% will rule.
- To survive long term, a monetarily non-sovereign government must have a positive balance of payments.
- Everything in economics devolves to motive, and the motive is the Gap between the rich and the rest..
Interesting points about money.
Source: #Monetary Sovereignty – Mitchell » Economics, Money and Debt #Monetary Sovereignty – Mitchell
