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THE WHY AND HOW OF PROSPERNOMICS

Prospernomics "fixes" the economy so that our economy will be stable and so there never again will be a recession or inflation. Here is how it works:

1. Work and only work creates value or wealth.
2. Before there was money we used to barter.
3. With barter there could never be recession or inflation.
4. But we can no longer barter-we must use money.
5. The money supply controls the economy like this:.
    6. A new car rolled off the assembly line-$40,000.
    7. That new car increased the nation's goods by $40,000.
    8. But, no new money was printed to buy that car
.
9. That causes recession because...
    10. When the stuff to buy, goods and services, is greater than the money supply recession is the result.
    11. Conversely, when the money supply is greater than the total goods and services inflation is the result.
    12. For an economy to be honest, free from recession and inflation and free to grow, the money supply must always exactly equal the total goods and services.
13. Prospernomics keeps the money supply always equal to the available goods and services by allowing work to create money as follows:
    14. Joe works, earns $800 this week
    13. Joe's work increased the nation's goods and/or services by $800..
    14. Using Prospernomics, Joe's boss gives Joe a "special check" for $800.
    15. The special check allows Joe's bank to create 800 new dollars by crediting Joe's account without taking any money out of Joe's boss' account.
    16. This credit increases the nation's money supply by exactly $800, exactly equal to the work that Joe did in increasing the nation's goods and/or services by $800.
17. Result? The nation's money supply is kept forever equal to its goods and services.
18. At this point Joe's boss' account has not been debited anything.
19. The boss can't receive free labor, so...
20. The boss's account gets debited $800 by the clearing house.
21. The clearing house sends the $800, by a set formula, to the city, county, state and federal governments.
22. This method, Prospernomics, gives the government 5 times more money than they collect right now with all the taxes we pay.
23. There is no longer any need for taxes and the government is funded adequately.
24. And it doesn't cost anyone anything
.