Finance
We can get out of the current financial mess
Q2) Should we print more money equally in every country to get out of the financial mess we are all facing in all countries today?
Points raised were:
It should first be established which country is in the worst position e.g. If America, were in £1 billion debt, then every country worldwide would have a unilateral agreement to print that same amount of money in their own currency, which would then stay with that Government.
Countries with leadership problems would have to be monitored.
The obvious advantages are:
Responsibilities towards global warming could be swiftly addressed.There would be more work and business for everyone to chase.
• It would stop the impending years of recession and depression.
• Third-world countries could develop their own infrastructure.
• Indirect and stealth tax by Governments would not be necessary.
• World markets will not change as all countries have been given the same.
• There would be a first-rate gain. NO ONE LOSES.
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• Employment and businesses will automatically flourish.
• The fictitious money that we all have “enjoyed” living on will become a reality.
• This idea will enable Governments to fund pensions, health care and education from a strong financial basis.
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