Loading ...I would say, mostly the Federal Reserve’s floating adjustable value monopoly money as the main problem. Because the states and everyone else has to constantly “adjust” in hap hazard ways. Not uniformly. There are no standards anymore. Like one week pay covering one month rent. Or 20% down on a loan.
We need a stable value currency, like in true capitalism, (1472 to 1913) so every person or business can adjust to a norm or find equilibrium. Like they say, re US Dollar, how can a carpenter do his work if the size of the standard 12 inch foot is always changing? The Treasury should be required to put a disclaimer message on the paper money…”This Note will lose value over time” but its even too late for that. Everybody figured that out, but now a possible deflation trend would raise the value of the dollar.
Lets say we had a scenario, where everything we buy and need prices were chopped in half. The banks and Gov’ts would HATE that. So if you had $100,000 in a bank account, and now you can buy TWICE as much stuff? Would TPTB let us getaway with that? Or would they deduct 50% from the $100,000 account? 🙂
Don’t forget about all the “invisible stealth taxes”. Like ethanol in gasoline ruining small engines. Google why ethanol is in gasoline. It kills gas mileage by at least 3%. Or the check engine light that goes on. The mechanics I know LOVE it. Way too many electrical parts to mal function. You need scanners, and even then they sometimes gave a wrong reading and you waste more money or tax.
The whole system needs to be restructured to a 20 hour work week. Plus other things. But its not my job, and I had nothing to do with all the nonsense.:)