The principle of
economics is one that enhances human development and productivity. This
means that the IMF must be scrapped, which is debt oriented, which puts
humanity into chains. The entire world debt structure is illegitimate by
design, so it must go, too. The IMF system operates totally contrary to
the principle of economics. It literally denies a nation the right to
create its own currency for its self-development. The IMF insists that a
nation has NO right to do this, but must borrow its financial credit from
speculative lenders at sky high rates of interest. In ancient times this
was called usury, and was forbidden by law. The same applies to the EU
(European Union) which operates on an identical platform as the IMF,
applied in a more localized sphere, but with a much
greater
scope and
depth of penetration. It is a type of world-government that has the power
to tell a nation to shut down viable industries and create unemployment.
The sovereignty of nations is one of the most crucial elements of the
principle of economics, which cannot be ignored without the most
horrendous consequences, such as the world is presently
experiencing.
The point is, the nations of the world have little
choice in the realm of economic policy. The principle of economics is
imperative. It cannot be mocked with human will or imperial dictates. So
the choice is plain. Humanity faces an economy that doesn't function
anymore, and the financial wealth that has been squeezed out of it, isn't
worth anything anymore, either. The only positive thing that humanity has
going for itself, with which to assure its survival and protect its
civilization, is the option it has to rededicate itself as fast as
possible to the real principle of economics. It must therefore heroically
shut down this misfit, which is erroneously called an economy, and
everything that is connected with it, which has begun to murder its
citizens world-wide by the millions. Humanity must take this step and
utilize the principle of economics so rescue whatever elements of the
present economy are still functioning and then go forward on the basis of
this principle. Even as it shuts the speculative system down, world-wide,
humanity must extend itself new financial credits through nationally owned
institutions, and devote those credits to the financing of crash programs
in education, infrastructure building, reindustrialization, and above all
extend the fullest possible support to farming and to the machine tool
industry. If this happens, and only then, humanity has a chance to save
its civilization. Unfortunately, there is no indication that anyone in a
position of power is thinking along these lines.
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