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Contact:
Foundation for Economic Growth,
P.O. Box 10-282,
Wellington, N.Z.
Email
The Foundation for Economic Growth is a group of like-minded individuals who have decided to act rather than accept New Zealand's continuing poor economic performance. The Foundation is not affiliated with any political party. Add Your Comments here.

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Most recent update: Feb 21st, 2017 - 18:02:29

Newsletters : Current Newsletters : 20 February 2017
Thought for the Day

Today in Wellington was perfect weather. Warm and sunny with no wind.

So I enjoyed the day without straining my limited talents having thoughts.

Perhaps I had had the best thought of all. I have always believed in that old motto. "Live each day as if it is your last but plan as if you would live forever."

I remember some research a few years ago coming to an interesting conclusion which illustrates this point.

It was yet another sociological survey to try to find what made people happy and how did happy people live compared with the bulk of the population. The conclusion they came to was that the person who did not read newspapers or watch the news on TV but spent their time playing sports and following their favourite teams and players were much happier.

Ignore the problems of the world and nothing much will change and you couldn't have made a difference anyway.

But the world is such a fascinating place I can't help but ponder upon its intricacies.

We live in a world of nation states and we are all controlled by the elites of those states.

But it was not always so. Just over a hundred years ago there was no income tax and there were no passports. People world wide used gold and silver as money, and trade worked fine. People could just come and go wherever they could afford to buy passage and live.

Markets were free for the most part. Nation states had still not learned how to control their citizens to any great degree. The independent minded could just leave and travel to far off lands and make a better life anywhere they thought was suitable.

Nowadays we are controlled to a very fine degree. And it is getting worse and worse.

When the governments and banks finally manage to do away with paper money altogether (as its value sinks to zero) we will be stuck in the ultimate dystopian world.

The government will know about everything we buy or sell. They will have complete control over our actions.

They will know where we were at the time and nothing will be hidden from the bureaucrats.

Anyone who decides to challenge this world will have their money cancelled and they will be instantly penniless. Further to this they will not be able to earn a living as anything earned in this world would be immediately confiscated by the authorities. Normal life would be impossible. You would not be able to buy anything. You would be an instant beggar.

We would all be slaves to the system.

If you don't think that this could happen it already has - in one particular instance. The US government controls international trade by virtue of owning the dollar and also having control of the SWIFT computer system for sending money between banks in different countries. When Iran fell foul of the US authorities their money was switched off and the US immediately controlled and confiscated $150 billion. Iran was then not able to buy and sell goods to any other nation.

They coped by using their local currency within the country and gold with assistance from a few friendly nations outside the country.

As Rothschild once said, "Give me control of a nation's money and I care not who makes the laws."

Truly the most dangerous element on Earth today is paper money and the evil people who gain control over people and nations for their own personal benefit.

Usury should be a crime as well as a sin.

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Feb 20, 2017, 19:18

Creating Wealth and Keeping it

The New book by Phil Scott, President of the Foundation for Economic Growth.

"This book is good, damn good and no statistics!" Lindsay Gordon, MA, MSC, PHD.

Every serious economics student should have a copy and read this ground-breaking foundation of clear economic thinking. Real Economics explains how human actions shape our world and why so much seems to be going wrong for Western economies. This book will bring enlightenment for the general reader who will see why a few very wealthy are becoming exceedingly rich and the middle classes are on the road to serfdom.

See more: www.realeconomics.co.nz