Once a week, just for fun, The Debt Free Central Bank is equipping a Cannon, not some outdated simple bazooka, in every town, small or big, across the State.The Mighty Cannon, exactly at noon, is shooting free money bills, for kids, gelato, and for the amusement of the gathered.
This is The Wealth of Nations.
In the debt free Wealth of Nations the central Bank and the Treasury are working debt free.. They are preparing for the terrible times of the Climate Change, to make the Society resilient. No private venture Capital can do this job, it is too demanding and with no quick return. It is a Run against the Time, which is running short.
Yes, the Society knows and understand the risks, as outlined in the Chapter before- The Debt of Nations. In the Wealth of Nations, there is no income tax for the poor and the middle, even the rich are taxed only for ethic reasons, there is the universal citizen income for all.The FTT has replaced all this mumbo jumbo. The Tax is just to establish that the currency is negotiable,that is the law of any money.
And YES, they have to follow this Simple Law:
The Export need to Match the Import. If the Import is higher than the Exports, for, let say 5%, there must be an overall taxation of 5% to match the gap. This is called Sound Money.
But, if the Export are higher for, lets say, 5%,the State , having already no taxation pressure, can match this by establishing the Soveriegn Fund and Bank. With the leverage and fractional reserve ( use the tools of your enemy), the Sovereign Bank and Fund can go shopping…. Abroad, bringing more money back and making the Society resilient for the Big One.
Forces of Victory are coming right thru…