Walter
Quote:
Originally posted by Walter
WELL, What the Hell are you waiting for? Make it happen in your local government! Unless that is; you like it the way it is now.
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The problem with your solution is that it is not a solution at all, but merely a shell game. It simply changes the mechanics of the game from one source of funding for another, within the same fiat money system we all abhor.
Goverments of all stripes own approx. 70% of the stock market and are essentially nothing more than hedge funds. Its common knowledge that hedge funds can move markets, so 10%-20% rates of return are possible, but only within a fiat money regime. It is also common knowledge that the stock market is a zero sum game. When governments own 90% of the market, who in their right mind is going to participate and eventually be left holding the bag? Without greater fools those rates of return will be impossible to achieve.
So if real inflation is 10% now and 20% returns are needed to fund government, inflation would double just to keep up with current expenditures. But as we all know government is ever expanding, as will be the inflation that is necessary to fund it. What you propose is akin to a perpetual motion machine, unworkable in the real world due to friction and gravity. Sure, it may succeed in the short term, but is unsustainable over time.
The real solution is stable money (gold and silver), limited government and maximum freedom. It was successful for 100 years until the parasites took hold.
gldskr