So Where Did All the Money Go?

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By zcat8


Money cannot be created nor destroyed, only transferred. We need to assess whomever profited from economic downturn and target them for taxation. This will bring about balance to the force and save the universe. Money did not just magically disappear and everyone suddenly became poor; the cash went somewhere! Did the tooth fairy take it?

Can someone honestly tell me where the money went? Don't tell me foreign countries since the problem is global and other nations are feeling the pinch as well. You cannot fix the situation until you know what is causing the problem! Once you identify where the surplus cash went, then you can balance things out. Do not claim that the middle-class is too busy saving their money, because that is a method of throwing the dogs off the scent like blaming foreign countries.


If we need 787 billion dollars to combat an economic problem, where did last year's $787 billion go that kept the economy running? And the year before? And the Year before that? Most importantly, if we do not identify where the money went, then what well stop the next $787 billion dollars from going to the same place. Whomever has profited in the past will profit again in the future if they are not identified!

Many years ago during a recession, economic experts stated that the upcoming shopping season was going to improve and that consumers should spend. After a dismal season, experts claimed that they miscalculated, which is a possibility and I felt that they should be given the benefit of the doubt. The following year they said the exact same thing with similar results occurring. Again the following year. Upon the fifth year, I figured that they no long deserved the benefit of the doubt and their only intention was to manipulate the economy through misleading people. Why should I believe experts today when they are giving me the same story? Fool me once shame on you .... (you know how the saying goes).



So How Do We Fix It?

I don't rant for the sake of ranting since I offer solutions. Have the government look through the tax forms and seek out companies and individuals that have had unusually large profits during the economic down turn. Increase the punishment for cheaters! Allocate money towards catching cheaters. Fortunately, most national governments are taking the steps to close overseas havens for hiding money; the Swiss have finally decided to cooperate.

Lower interest rates and save homes! Decreasing interest rates on credit cards will allow people to apply more money towards the principle. Eventually, they will be able to spend more instead of continuing to pay off a debt. Look at the stimulus package; it is designed to help you buy a home or car, NOT to save your home. What do you think is more beneficial? If too many homes are foreclosed and sold, the value drops too much (supply & demand) hurting everyone from the homeowner to the now (and soon to be) homeless. On the brighter side, banks do increase their assets.

Again, where did all the money disappear to?

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