Tag Archives: goods

HOW IMPORTANT IS THE DEFICIT OF A NATION???

First of all it is important to understand the international economy. If you are a nation rich in natural resources and producing information, goods, and services that the world wants at the lowest prices possible then you are in an economically healthy situation and small increases in the national debt will not be disastrous in the short duration for the economy.

If you are a resource poor country not using a major currency and not producing information, goods, and services at the reasonable possible prices then your economy frankly often sucks and there is no great hope for improvement and a relatively large deficit increase will often cause a relatively high decrease in the value of the national currency and cause high inflation thus hurting the national economy.

If you are a huge international company or bank then frankly it doesn’t matter what your country of origin is because you will be able to make money wherever the profit is greater in whatever country that might be and the economic health of your enterprise will be dependent on the health of the world economy in general.

International companies and banks are the new nations not dependent on the political whims of any one nation so in effect the world is one nation already and profit is their primary aim without any real morality or accountability in place. No one can vote them in or out of office and they have a permanent monopoly on the world not subject to any one political change on into the foreseeable future.

The United States is still in an enviable position because they are the world reserve currency and many nations have their currency fixed to the value of the dollar. Transparency is the strength of the United States and since China is not transparent in their internal economics it shows no signs of becoming the world’s reserve currency any time soon, although their rights to participate in worldwide financial decisions is growing as they become more transparent and productive with time. It is a question of worldwide trust and the United States is still trusted more monetarily than the Chinese.

In the short duration exchange rates between countries are usually floating and short duration supply and demand considerations are primary so it doesn’t really reflect the long duration health of the economy. Yes, supposedly transient statistics like interest rates, unemployment rates, inflation, gross domestic product, and manufacturing information is used in determining exchange rates between currencies but exchange rates are really speculative factors which don’t need transient statistics to stabilize. Exchange rates and transient statistics are short duration factors which really have very little to do with the long duration health of the economy.

You may be surprised that neither political party no longer cares about deficit reduction and is willing to continually increase the size of the national debt. There seems to be no fear of bankruptcy because basically we are the major source of money in the world and can print or counterfeit as much money as we want. Who supplies and controls most of the money for the world is in the driver’s seat.

Yes, too great a deficit in the long duration will have depressing effects on the economy so the US should emphasize useful moral education, try to import or use the best brains in the world, and try to robotize the economy so that the economy can continue to be dynamic, changing, and profitable. Other countries of the world to a large extent have the same problem of fewer good paying jobs for everyone and increasing welfare problems so the US is not alone in the struggle to survive financially.

Deficit spending is the wave of the future for many countries and the global money managers ultimately are interested in relatively stable economies for the top nations all of which are going into greater and greater debt. Will there be an ultimate bankruptcy? Not very likely and if there are going to be any bankruptcies then the nation or nations will just have their debt reorganized or forgiven to a large extent by the globalists. Financial chaos is not something that they want or need in nations with financial clout.

Worried about the deficit and bankruptcy of the US? Don’t be, but do worry about possible personal bankruptcy because your personal debt will not be reorganized or forgiven even though Chapter 7 or 13 bankruptcy proceedings exist and may help a little.

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UPDATED NEW QUOTE BY ULDIS SPROGIS 368!!!

FotorCreated

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UPDATED NEW QUOTE BY ULDIS SPROGIS 285!!!

FotorCreated

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THE TRUTH ABOUT SELLING+

selling

Sell: v. to take money for giving possession of one or more subsets which may be ingus and/or behaviors

Selling ingus or information and/or goods and/or services is what most humans understand but it is also possible to sell behaviors. Think of anything which you can do or any behavior and you could probably sell it to someone even though it may just be your parents or close relatives and friends.

Mom or dad. Will you give me 10 dollars for doing 40 pushups? I can only do 30 now. Will you give me 5 dollars for memorizing the words to your favorite song?

 

Money can’t buy everything such as good genes, a good personality, good relationships, or restore wilderness once it is destroyed. However, with money you can buy the services of humans with good genes, good personalities, good social connections, and you can conserve and restore wilderness which isn’t totally destroyed.

If you liked this evergreen truth blog then read more of them, about 1800 so far, or read one or more of my evergreen truth books, especially COMMON SENSE, rays of truth in a human world filled with myths and deceptions.

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THE TRUTH ABOUT SHOPLIFTING+

anti-shoplifting-sign-s-4903

Shoplift: v. to willfully and forcibly steal goods from a retail business

 

Shoplifting is basically stealing goods from a shop or retail business. Most shoplifting is done by individuals for relatively small value items but there are also professional gangs which boost merchandise in the thousands of dollars with special bags, clothing, and lookouts or cohorts who make sure that the clerks are occupied during the shoplifting procedure.

Some stores have a policy of not prosecuting shoplifters who steal something worth about $20 or less because prosecuting all shoplifters absolutely is not a cost effective procedure when court costs are taken into consideration. A prosecution may costs hundreds of dollars to get back about $20 so it is a losing proposition financially for most stores to take police action in all cases of shoplifting.

If you liked this evergreen truth blog then read more of them, about 1800 so far, or read one or more of my evergreen truth books, especially COMMON SENSE, rays of truth in a human world filled with myths and deceptions.

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THE TRUTH ABOUT SUPPLY+

stock-photo-supply-and-demand-balance-sign-212888158

Supply: v. to give and/or get a quantity of ingus

To supply means to give and/or get a quantity of information and/or goods and/or services or ingus.

If you liked this evergreen truth blog then read more of them, about 1700 so far, or read one or more of my evergreen truth books, especially COMMON SENSE, rays of truth in a human world filled with myths and deceptions.

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THE TRUTH ABOUT PRICE+

The-Price-Good-q

Price: n. the largely subjective money value of a subset(s) made with the help of a market and/or supply and/or demand

Price is usually determined by the supply and demand of the subset and its relative abundance on the earth. The greater the demand the higher the price and the less the supply the higher the price. There is also high price and little demand but this is for relatively scarce or luxury items. The marketplace usually ensures a just price but there is increasingly the monopolization or hoarding of information, goods, and services which causes overly high price distortions which do not follow the market rules of supply and demand.

If you corner the market on goods or services then theoretically you can demand whatever price you want and if you need the subset bad enough then you will have to pay the outrageous price.

Rare historical items made from relatively cheap materials sometimes have outrageously high prices and it is one reason why counterfeiting is prevalent in the field. Fake artwork, jewelry, and relics are common and many have to resort to scientific means of testing to ensure the authenticity of the original item.

With the possible exception of human life and wilderness most things in life have a set price and you can buy or sell it in the marketplace.

The only necessary real things which a human needs are good healthy organic food, unpolluted water, clothing, and emergency medical care but everything else is a subjective want and not a need.

If you liked this evergreen truth blog then read more of them, about 1400 so far, or read one or more of my evergreen truth books, especially COMMON SENSE, rays of truth in a human world filled with myths and deceptions.

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